PGIM India Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by DHFL Pramerica Mutual Fund. This scheme was introduced to investors on 26 Aug 2014. Utkarsh Katkoria, Hitash Dang is the Current Fund Manager of PGIM India Arbitrage Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹181 Cr and the Latest NAV as of 13 Oct 2019 is ₹14.21.
The PGIM India Arbitrage Fund Direct Growth is rated Very Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 0.50% if redeemed within 30 days.
The scheme intends 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. There can be no assurance or guarantee that the investment objective of the Scheme will be realized.
Returns are taxed at 15% if sold before 1 year.
Zero tax post one year.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 0.50% if redeemed within 30 days