Should I invest in PGIM India Arbitrage Fund - Monthly Dividend?

We don't give personal investment advice. PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.1%. 5-year CAGR: 1.75%.

PGIM India

PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend

Latest NAV

₹11.5334

As of

17 Jul 2026

2,551 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.09%	+0.08%	+0.00	38 / 59	Q3
1W	+0.12%	+0.14%	-0.02	51 / 59	Q4
2W	+0.27%	+0.21%	+0.06	7 / 58	Q1
1M	+0.22%	+0.50%	-0.28	51 / 58	Q4
3M	+0.43%	+1.14%	-0.71	48 / 58	Q4
6M	+0.89%	+1.98%	-1.10	41 / 55	Q3
YTD	+1.18%	+2.11%	-0.93	38 / 55	Q3
1Y	+1.22%	+4.37%	-3.16	40 / 53	Q4
2Y	+1.15%	+4.35%	-3.20	39 / 50	Q4
3Y	+2.29%	+4.81%	-2.52	36 / 49	Q3
4Y	+2.32%	+5.04%	-2.73	35 / 47	Q3
5Y	+1.75%	+4.76%	-3.02	34 / 43	Q4
7Y	+1.10%	+4.10%	-3.00	33 / 38	Q4
10Y	+0.83%	+3.35%	-2.52	23 / 26	Q4
Inception	+0.85%	+3.53%	-2.68	50 / 59	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+1.18%	+2.23%	-1.06	37 / 50
2025	+0.62%	+3.93%	-3.31	37 / 49
2024	+3.60%	+6.12%	-2.52	36 / 47
2023	+2.65%	+5.67%	-3.01	34 / 46
2022	+0.82%	+3.73%	-2.92	36 / 41
2021	+0.14%	+3.16%	-3.01	42 / 42
2020	-1.28%	+1.39%	-2.67	36 / 41
2019	+0.03%	+2.88%	-2.85	33 / 36
2018	-0.16%	+1.64%	-1.80	23 / 30
2017	+0.45%	+2.68%	-2.23	23 / 29
2016	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.78%

115 windows

min -1.8% · max 5.0%

70% positive

3-Year rolling

+0.75%

90 windows

min -0.5% · max 2.5%

62% positive

5-Year rolling

+0.60%

66 windows

min -0.3% · max 1.9%

65% positive

7-Year rolling

+0.71%

42 windows

min 0.2% · max 1.1%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

1.18%

3-year · annualised

Sharpe ratio

-3.67

vs risk-free 6.5%

Sortino ratio

-7.19

Downside-only deviation

Max drawdown

-1.13%

Sep 2024 → Mar 2025

% positive months

75.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Arbitrage Fund

Scheme	Fund house	NAV	As of
HDFC ARBITRAGE FUND - Wholesale Monthly IDCW - Direct Plan	HDFC	₹11.3460	17 Jul 2026
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option	Nippon India	₹18.8887	17 Jul 2026
SBI Arbitrage Opportunities Fund - Direct Plan - Gr	SBI	₹38.4109	17 Jul 2026
ICICI Prudential Equity Arbitrage Fund - Direct Plan - IDCW	ICICI Prudential	₹17.8186	17 Jul 2026
Invesco India Arbitrage Fund - Direct Plan - Annual Bonus	Invesco	₹36.9323	17 Jul 2026
BANDHAN Arbitrage Fund-Direct Plan-Annual IDCW	Bandhan	₹12.5932	17 Jul 2026
quant Arbitrage Fund - IDCW Option - Direct Plan	Quant	₹10.9654	17 Jul 2026
Aditya Birla Sun Life Arbitrage Fund-DIRECT - IDCW	Aditya Birla Sun Life	₹11.5230	17 Jul 2026
Motilal Oswal Arbitrage Fund-Direct Plan-IDCW	Motilal Oswal	₹11.0046	17 Jul 2026
Franklin India Arbitrage Fund - Direct - IDCW	Franklin India	₹11.2041	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹11.5334
16 Jul 2026	₹11.5232
15 Jul 2026	₹11.5279
14 Jul 2026	₹11.5337
13 Jul 2026	₹11.5199
10 Jul 2026	₹11.5197
9 Jul 2026	₹11.5182
8 Jul 2026	₹11.5213
7 Jul 2026	₹11.5126
6 Jul 2026	₹11.5120

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend is ₹11.5334. It's a Arbitrage Fund from PGIM India, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend has NAV history starting from 08 Mar 2016, a track record of about 10 years 4 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend is managed by PGIM India. It's classified by AMFI under the 'Arbitrage Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend has delivered a absolute return of 1.22% — -3.16 pp behind the Arbitrage Fund category average of 4.37%. The fund ranks #40 of 53 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend has delivered a CAGR of 2.29% — -2.52 pp behind the Arbitrage Fund category average of 4.81%. The fund ranks #36 of 49 in its category — the third (Q3) quartile.

Over the trailing 5-year window, PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend has delivered a CAGR of 1.75% — -3.02 pp behind the Arbitrage Fund category average of 4.76%. The fund ranks #34 of 43 in its category — the bottom (Q4) quartile.

₹1 lakh invested in PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend exactly 10 years ago would be worth approximately ₹108,567 today — a multiplier of 1.09×, based on the 10-year CAGR of 0.83%. The category average over the same window would have grown ₹1 lakh to ₹138,987.

A ₹10,000 monthly SIP in PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹629,538 today. That's an XIRR (money-weighted annualised return) of 1.89%.

A ₹10,000 monthly SIP for 10 years in PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend = ₹1,200,000 invested. It would currently be worth ₹1,278,346 (multiplier 1.07×). XIRR: 1.25%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend ranks #34 out of 43 funds in the Arbitrage Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 4.76%; this fund delivered 1.75%.

The worst peak-to-trough decline PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend has experienced over the last 5-year window is 1.13% — its NAV fell from a high on 17 Sep 2024 to a low on 18 Mar 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend averaged 0.60% (best 1.87%, worst -0.30%). 65% of rolling windows ended positive. The 5-year Sharpe ratio is -4.13 — negative risk-adjusted performance.

In calendar year 2025, PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend returned 0.62% — lagging the Arbitrage Fund category average of 3.93% by 3.31 pp. It ranked #37 of 49 in its category that year.

PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.1%. 5-year CAGR: 1.75%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.