About PGIM India Arbitrage Fund
PGIM India Arbitrage Fund is a arbitrage fund managed by PGIM India Mutual Fund. Earn the price difference between the cash and futures markets. Low risk, and taxed as equity, which makes them tax-efficient for short periods.
To generate income by investing in arbitrage opportunities that potentially exist between the cash and derivatives market as well as within the derivatives segment of the market. Investments may also be made in debt & money market instruments.
The scheme's stated objective, as published by PGIM India Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Regular | Regular IDCW | ₹11.2242 | 138883 |
| Regular | Regular IDCW | ₹11.8978 | 138887 |
| – | Growth | ₹21.3468 | 138875 |
| – | Growth | ₹19.7889 | 138876 |
| – | Growth | ₹12.70 | 138877 |
| – | Growth | ₹11.4748 | 138878 |
Frequently asked questions
What is the NAV of PGIM India Arbitrage Fund today?
The NAV of PGIM India Arbitrage Fund (Regular plan, Growth) is ₹21.3468, as of 13 Nov 2026.
What returns has PGIM India Arbitrage Fund given?
Over the last year the Regular plan returned 6.5%, and 7.03% a year over 3 years and 6.54% a year over 5 years. That places it 1 of 27 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of PGIM India Arbitrage Fund?
The Regular plan charges 1.26% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in PGIM India Arbitrage Fund?
You can start a monthly SIP with ₹1,000, or invest a lump sum of ₹5,000 or more.
How much has PGIM India Arbitrage Fund fallen in the past?
Its deepest fall was 0.7% from 16 Mar 2020 to 26 Mar 2020. Of every one-year stretch in its history, 100% ended in a gain.
Which category does PGIM India Arbitrage Fund belong to?
It is a Arbitrage Fund from PGIM India Mutual Fund. Earn the price difference between the cash and futures markets. Low risk, and taxed as equity, which makes them tax-efficient for short periods.
How are gains from PGIM India Arbitrage Fund taxed?
How gains are taxed depends on how much equity the scheme holds. At 65% equity or more it follows equity rules — 12.5% on long-term gains above ₹1.25 lakh; below that, gains are usually taxed at your slab rate. The scheme document states which applies.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.