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

We don't give personal investment advice. PGIM India Arbitrage Fund - Direct Plan - Quarterly 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: 2.0%. 5-year CAGR: 0.46%.

PGIM India

PGIM India Arbitrage Fund - Direct Plan - Quarterly Dividend

Latest NAV

₹10.9435

As of

5 Mar 2021

1,232 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

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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	+0.06%	-0.05%	+0.11	15 / 59	Q2
1W	+0.09%	0.00%	+0.09	9 / 59	Q1
2W	+0.07%	-0.09%	+0.15	8 / 58	Q1
1M	+0.39%	+0.22%	+0.17	7 / 58	Q1
3M	0.00%	+0.55%	-0.56	43 / 55	Q4
6M	-0.17%	+1.82%	-1.99	45 / 55	Q4
YTD	+0.61%	+1.31%	-0.70	40 / 55	Q3
1Y	-0.92%	+4.16%	-5.08	50 / 53	Q4
2Y	-0.26%	+4.35%	-4.60	47 / 50	Q4
3Y	-0.17%	+4.81%	-4.98	46 / 49	Q4
4Y	+0.12%	+4.90%	-4.79	45 / 47	Q4
5Y	+0.46%	+4.68%	-4.22	41 / 43	Q4
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+0.46%	+3.40%	-2.94	52 / 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
2021 YTD	+0.61%	+3.16%	-2.55	39 / 42
2020	+0.67%	+1.39%	-0.72	31 / 41
2019	+0.29%	+2.88%	-2.59	31 / 36
2018	+0.18%	+1.64%	-1.46	21 / 30
2017	+0.77%	+2.68%	-1.91	21 / 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

+0.56%

49 windows

min -1.0% · max 2.6%

78% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+0.50%

25 windows

min -0.2% · max 1.3%

80% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+0.46%

1 window

min 0.5% · max 0.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

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

2.25%

3-year · annualised

Sharpe ratio

-2.93

vs risk-free 6.5%

Sortino ratio

-3.60

Downside-only deviation

Max drawdown

-1.95%

May 2020 → Jan 2021

% positive months

66.7%

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
5 Mar 2021	₹10.9435
4 Mar 2021	₹10.9366
3 Mar 2021	₹10.9245
2 Mar 2021	₹10.9311
1 Mar 2021	₹10.9288
26 Feb 2021	₹10.9339
25 Feb 2021	₹10.9269
24 Feb 2021	₹10.9361
23 Feb 2021	₹10.9344
22 Feb 2021	₹10.9415

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 05 Mar 2021, the NAV of PGIM India Arbitrage Fund - Direct Plan - Quarterly Dividend is ₹10.9435. 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 - Quarterly 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 - Quarterly 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 - Quarterly Dividend has delivered a absolute return of -0.92% — -5.08 pp behind the Arbitrage Fund category average of 4.16%. The fund ranks #50 of 53 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, PGIM India Arbitrage Fund - Direct Plan - Quarterly Dividend has delivered a CAGR of -0.17% — -4.98 pp behind the Arbitrage Fund category average of 4.81%. The fund ranks #46 of 49 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, PGIM India Arbitrage Fund - Direct Plan - Quarterly Dividend has delivered a CAGR of 0.46% — -4.22 pp behind the Arbitrage Fund category average of 4.68%. The fund ranks #41 of 43 in its category — the bottom (Q4) quartile.

₹1 lakh invested in PGIM India Arbitrage Fund - Direct Plan - Quarterly Dividend exactly 5 years ago would be worth approximately ₹102,341 today — a multiplier of 1.02×, based on the 5-year CAGR of 0.46%. The category average over the same window would have grown ₹1 lakh to ₹125,689.

A ₹10,000 monthly SIP in PGIM India Arbitrage Fund - Direct Plan - Quarterly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹602,833 today. That's an XIRR (money-weighted annualised return) of 0.19%.

PGIM India Arbitrage Fund - Direct Plan - Quarterly Dividend doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹602,833 — XIRR 0.19%.

On a 5-year basis, PGIM India Arbitrage Fund - Direct Plan - Quarterly Dividend ranks #41 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 0.46%.

The worst peak-to-trough decline PGIM India Arbitrage Fund - Direct Plan - Quarterly Dividend has experienced over the last 5-year window is 1.95% — its NAV fell from a high on 29 May 2020 to a low on 06 Jan 2021. 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 - Quarterly Dividend averaged 0.46% (best 0.46%, worst 0.46%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -2.71 — negative risk-adjusted performance.

In calendar year 2020, PGIM India Arbitrage Fund - Direct Plan - Quarterly Dividend returned 0.67% — lagging the Arbitrage Fund category average of 1.39% by 0.72 pp. It ranked #31 of 41 in its category that year.

PGIM India Arbitrage Fund - Direct Plan - Quarterly 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 - Quarterly 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: 2.0%. 5-year CAGR: 0.46%.

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