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: 1.73%.

PGIM India

PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend

Latest NAV

₹11.4537

As of

3 Jun 2026

2,520 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.

Period

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

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	-0.12%	-0.05%	-0.07	28 / 59	Q2
1W	-0.06%	0.00%	-0.06	49 / 59	Q4
2W	-0.46%	-0.09%	-0.37	53 / 58	Q4
1M	-0.07%	+0.22%	-0.29	49 / 58	Q4
3M	+0.12%	+0.55%	-0.44	41 / 55	Q3
6M	+0.56%	+1.82%	-1.25	42 / 55	Q4
YTD	+0.43%	+1.31%	-0.88	43 / 55	Q4
1Y	+0.68%	+4.16%	-3.48	42 / 53	Q4
2Y	+1.09%	+4.35%	-3.26	39 / 50	Q4
3Y	+2.11%	+4.81%	-2.71	37 / 49	Q4
4Y	+2.06%	+4.90%	-2.84	35 / 47	Q3
5Y	+1.73%	+4.68%	-2.95	34 / 43	Q4
7Y	+0.97%	+3.99%	-3.02	32 / 37	Q4
10Y	+0.82%	+3.30%	-2.49	22 / 26	Q4
Inception	+0.79%	+3.40%	-2.61	49 / 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	+0.43%	+1.35%	-0.92	38 / 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

+0.76%

113 windows

min -1.8% · max 5.0%

73% positive

3-Year rolling

+0.74%

89 windows

min -0.6% · max 2.6%

63% positive

5-Year rolling

+0.58%

64 windows

min -0.3% · max 1.7%

64% positive

7-Year rolling

+0.69%

40 windows

min 0.2% · max 1.0%

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

0.88%

3-year · annualised

Sharpe ratio

-5.00

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-1.13%

Sep 2024 → Mar 2025

% positive months

72.2%

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	₹11.2670	3 Jun 2026
NIPPON INDIA ARBITRAGE FUND - DIRECT Plan - IDCW Option	Nippon India	₹18.6701	3 Jun 2026
SBI Arbitrage Opportunities Fund - Direct Plan - Gr	SBI	₹37.9829	3 Jun 2026
ICICI Prudential Equity Arbitrage Fund - Direct Plan - IDCW	ICICI Prudential	₹17.7109	3 Jun 2026
Invesco India Arbitrage Fund - Direct Plan - Annual Bonus	Invesco	₹36.5173	3 Jun 2026
BANDHAN Arbitrage Fund-Direct Plan-Annual IDCW	Bandhan	₹12.4525	3 Jun 2026
quant Arbitrage Fund - IDCW Option - Direct Plan	Quant	₹10.8293	3 Jun 2026
Aditya Birla Sun Life Arbitrage Fund-DIRECT - IDCW	Aditya Birla Sun Life	₹11.4514	3 Jun 2026
Motilal Oswal Arbitrage Fund-Direct Plan-IDCW	Motilal Oswal	₹10.8856	3 Jun 2026
Franklin India Arbitrage Fund - Direct - IDCW	Franklin India	₹11.0725	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹11.4537
2 Jun 2026	₹11.4484
1 Jun 2026	₹11.4619
29 May 2026	₹11.4319
27 May 2026	₹11.4482
26 May 2026	₹11.4558
25 May 2026	₹11.4529
22 May 2026	₹11.4430
21 May 2026	₹11.4570
20 May 2026	₹11.4518

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 03 Jun 2026, the NAV of PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend is ₹11.4537. 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 2 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 0.68% — -3.48 pp behind the Arbitrage Fund category average of 4.16%. The fund ranks #42 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 2.11% — -2.71 pp behind the Arbitrage Fund category average of 4.81%. The fund ranks #37 of 49 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, PGIM India Arbitrage Fund - Direct Plan - Monthly Dividend has delivered a CAGR of 1.73% — -2.95 pp behind the Arbitrage Fund category average of 4.68%. 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 ₹108,461 today — a multiplier of 1.08×, based on the 10-year CAGR of 0.82%. The category average over the same window would have grown ₹1 lakh to ₹138,405.

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 ₹627,032 today. That's an XIRR (money-weighted annualised return) of 1.74%.

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 ₹1,272,155 (multiplier 1.06×). XIRR: 1.15%. 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 4.68%; this fund delivered 1.73%.

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 0.58% (best 1.73%, worst -0.25%). 64% of rolling windows ended positive. The 5-year Sharpe ratio is -5.82 — 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: 1.73%.

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