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Parag Parikh Arbitrage Fund Direct Growth INF879O01225

Parag Parikh Arbitrage Fund Direct Growth


INF879O01225
NAV / 1-Day Return
10.95 / 0.04%
Total Assets
11.6 Bil
Inception Date
Oct 23, 2023
Expense Ratio
0.310%
Fee Level
—
Load
0.25%
Category
India Fund Arbitrage Fund
Investment Style
Large Growth
Minimum Initial Investment
1,000
Status
Open
TTM Yield
0.00%
Turnover
135%

Morningstar’s Analysis

Non Rateable Category Fund

This share class category is not eligible for a Morningstar Medalist Rating. Rated on Nov 30, 2024

There is no growth data available.


Asset Allocation

Asset Class Net Short Long Cat. Index
Equity -0.47 70.02 69.55 72.02 –
Fixed Income 0.41 0.00 0.41 6.14 –
Preferred 0.00 0.00 0.00 0.00 –
Convertible 0.00 0.00 0.00 0.00 –
Cash 100.03 0.00 100.03 93.83 –
Other 0.03 0.00 0.03 0.09 –

Stock Style

People

Inception Date
Oct 23, 2023
Number of Managers
5
Longest Tenure
1.3 Years
Average Tenure
1.2 Years
Advisor(s)
PPFAS Asset Management Pvt. Ltd

Management Team

Oct 23, 2023 –Present
Oct 23, 2023 –Present
Oct 23, 2023 –Present

Manager Timeline

  • Male
  • Female
  • Non-Binary
  • Not Disclosed
  • Not Available

Morningstar Risk & Return

Risk vs. Category
Return vs. Category

Holdings

Portfolio Holdings
No.
%
Equity Holding
106 87.60
Bond Holding
1 0.83
Other Holding
14 11.57
Equity Holdings
106
Bond Holdings
1
Other Holdings
14
% Assets in Top 10 Holdings
9
Reported Turnover %
134.90
As of 03/31/24
Women Directors %
16
Women Executives %
9
Holdings
% Portfolio Weight
First Bought
Market Value as of Dec 31, 2024
Cur Currency
Share Change %
1-Year Return
Forward P/E
Equity Star Rating
Economic Moat
ESG Risk Rating Assessment
Sector
Reliance Industries Ltd
7.39 Nov 30, 2023 856,285,000
INR Indian Rupee
-4.17 20.08 — — Energy
IndusInd Bank Ltd
2.74 Feb 29, 2024 317,810,000
INR Indian Rupee
-36.76 — Momentum — — Financial Services
Bank of Baroda
2.72 Nov 30, 2023 314,513,000
INR Indian Rupee
4.01 — — — Financial Services
Punjab National Bank
2.48 May 31, 2024 286,962,000
INR Indian Rupee
0.40 — — — Financial Services
Tata Power Co Ltd
2.31 Nov 30, 2023 267,519,000
INR Indian Rupee
7.97 — — — Utilities
Bajaj Finance Ltd
2.28 Jan 31, 2024 263,538,000
INR Indian Rupee
2.09 — — — Financial Services
Axis Bank Ltd
2.27 Feb 29, 2024 262,848,000
INR Indian Rupee
-11.36 — — — Financial Services
State Bank of India
2.22 Nov 30, 2023 257,564,000
INR Indian Rupee
26.32 9.49 — — Financial Services
Bharat Electronics Ltd
2.13 Nov 30, 2023 246,466,000
INR Indian Rupee
50.12 — — — Industrials
GMR Airports Ltd
2.12 Mar 31, 2024 245,696,000
INR Indian Rupee
-6.94 — — — Industrials
Holdings as of Dec 31, 2024 | The top 100 largest holdings are available for display across Equity, Bond and Other.


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