NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹17.74
-0.06%
NAV as on 18 Dec 24, 12:00 AM
low risk
arbitrage fund
equity
NAV as on 18 Dec 24, 12:00 AM
low risk
arbitrage fund
equity
7.12%p.a.
Last 1Y
5.75%p.a.
Last 3Y
4.93%p.a.
Last 5Y
5.71%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 90.07 Cr fund under management as on Dec 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 7.1% 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
12.06%
Future on Reliance Industries Ltd
8.66%
Reliance Industries Ltd
8.61%
Future on Ambuja Cements Ltd
6.25%
Ambuja Cements Ltd
6.21%
7.26% Govt Stock 2033
5.70%
7.37% Govt Stock 2028
5.67%
Future on NTPC Ltd
5.36%
Future on Titan Co Ltd
5.33%
NTPC Ltd
5.33%
Fund Managers
- Puneet Pal (Apr 2022 - Present)
- Chetan Chavan (Mar 2024 - Present)
Key Information
View Scheme Document
PGIM India Arbitrage Fund Plan Growth SIP Calculator
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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 Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% 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
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Frequently Asked Questions
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