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PGIM India Arbitrage Fund Direct Plan Monthly Dividend Reinvestment

Hybrid

  

Arbitrage Fund

NAV

10.667 + 0.0291

as on (08 Apr, 2020)

RETURNS

4.22 %

Fund Type

Open Ended

Investment Plan

Dividend Reinvestment

Expense Ratio

0.33 %

Benchmark

NIFTY 50 Arbitrage TR INR

Asset Size

131.81 Cr.

(As of 30 Apr, 2019)

Risk

Moderately Low

Objective

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.

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Fund manager

Kumaresh Ramakrishnan

(since 27 Aug, 2014)

Exit load

1 %

(If redeemed within 30 days)

Minimum sip

₹ 500

minimum investment

₹ 5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Housing Development Finance Corporation Ltd. December 2018 Future

9.96 %

Housing Development Finance Corp Ltd

9.95 %

Multi Commodity Exchange Of India Ltd. December 2018 Future

4.44 %

Multi Commodity Exchange of India Ltd

4.43 %

Sector Allocation

About the Scheme Type

Arbitrage Fund

Arbitrage Funds provide a safer investment avenue for the investors with low risk appetite by leveraging the price difference in the cash and derivatives market to generate returns. These usually invest around 65% of their corpus in equity-related instruments and are often seen as short-term wealth generating opportunities. Since the difference between the two prices is marginal, arbitrage funds are required to execute a humongous number of trades every year to book substantial profits. While Arbitrage Funds are a good investment option when you’ve a volatile market, the fact that their expense ratio is high and the payoff is unpredictable, count for noticeable disadvantages.

Ratings

This fund is rated 0 stars by Morning Star Ratings.

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Overview of DHFL Pramerica Asset Managers Private Limited

DHFL was founded in 1984 by Late Shri Rajesh Kumar Wadhawan with a vision to provide financial access to the lower and middle income segments of the society. Today, led by Mr. Kapil Wadhawan, CMD, DHFL, the Company is one of India's leading mortgage finance institutions with presence in over 351 locations across the country, in addition to representative offices in Dubai and London.

DHFL Pramerica Mutual Fund is headquartered in Mumbai, with presence in 19 cities including branches in Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata and Pune. DHFL Pramerica Mutual Fund brings a rich blend of global resources, intellectual acumen and local investment expertise and is committed to designing superior and meaningful, wealth-building solutions for our investors. DHFL Pramerica Mutual Fund provides unique training and education programs for building exceptional capabilities and best business practices for its business associates.

All through its years of growth, DHFL has stayed with its core vision of financial inclusion. The Company's wide network, coupled with insights into local customer needs has enabled the Company to provide meaningful financial access to customers even in India's smallest towns. With a strong business foundation, an extensive distribution network, proven industry expertise and a deep understanding of the Indian customer, DHFL is one of India's largest financial services companies.