NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

PGIM India Arbitrage Fund Plan Growth for NRI [17.26]

Min Investment

5,000

Fund Size

119.91 Cr

Expense Ratio

1.1%

Exit Load

0.25%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

17.26

0.08%

NAV as on 14 Jul 24, 12:00 AM

low risk

arbitrage fund

equity

NAV as on 14 Jul 24, 12:00 AM

low risk

arbitrage fund

equity

7.25%p.a.

Last 1Y

5.35%p.a.

Last 3Y

4.88%p.a.

Last 5Y

5.66%p.a.

Since Inception

About PGIM India Arbitrage Fund Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the PGIM India Arbitrage Fund Plan Growth scheme from PGIM India Asset Management Private Limited. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Aug 2014, PGIM India Arbitrage Fund Plan Growth is Arbitrage Fund fund of its category with 119.91 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.

  • PGIM India Arbitrage Fund Plan Growth delivered 7.3% annual returns during the last year. It has delivered 5.7% average annual returns since the fund was launched.
  • PGIM India Arbitrage Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

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.

Top 10 Holdings

PGIM India Liquid Dr Pl Gr

12.09%

Future on Reliance Industries Ltd

7.88%

Reliance Industries Ltd

7.83%

Future on ACC Ltd

6.99%

ACC Ltd

6.95%

Future on Ambuja Cements Ltd

6.26%

Ambuja Cements Ltd

6.24%

Future on Canara Bank

4.60%

Canara Bank

4.57%

7.37% Govt Stock 2028

4.23%

Fund Managers

  1. Puneet Pal (Apr 2022 - Present)
  2. Chetan Chavan (Mar 2024 - Present)

Key Information

View Scheme Document

PGIM India Arbitrage Fund Plan Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on PGIM India Arbitrage Fund Plan Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in PGIM India Arbitrage Fund Plan Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in PGIM India Arbitrage Fund Plan Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions