Parag Parikh Arbitrage Fund
Direct · Growth ₹12.26
03 Nov 2026
NAV
6.9%
Weighted CAGR
?
Weighted Mean CAGR
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
0.76
Sharpe
-0.6%
Max Drawdown
?
Max Drawdown
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
0.29%
TER
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.36 L | 6.8% | 5.7% | 7.8% |
| 3 Years | ₹36.00 L | ₹39.59 L | 6.6% | 6.5% | 6.7% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 ARBITRAGE | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 6.8% | 6.4% | 6.5% | +0.4% |
| 3 Years | 6.6% | 6.3% | 6.7% | +0.4% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 6.9% | 6.7% | 6.0% | 7.9% | 0.76 | 4.04 | 100% | — | — |
-0.6%
Max Drawdown
0 mo
Drawdown Duration
1 mo
Recovery Time
-0.0%
Avg Drawdown
Calmar Ratio by Duration
12.06
1Y
Compared against NIFTY 50 ARBITRAGE
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | -0.53 | 0.74 | 78.8% | 65.7% | 6.5% | 7.2% |
| 3 Years | -0.15 | 0.62 | 73.4% | 43.7% | 6.9% | 7.4% |
| 5 Years | -1.09 | 0.62 | 73.4% | 43.7% | 4.1% | 4.4% |
| 7 Years | -1.48 | 0.62 | 73.4% | 43.7% | 2.9% | 3.1% |
| 10 Years | -1.77 | 0.62 | 73.4% | 43.7% | 2.0% | 2.2% |
| 12 Years | -1.89 | 0.62 | 73.4% | 43.7% | 1.7% | 1.8% |
| 15 Years | -2.00 | 0.62 | 73.4% | 43.7% | 1.3% | 1.4% |
72
Total Holdings
42.9%
Top 10 Weight
30
Sectors
| # | Stock | % of NAV |
|---|---|---|
| 1 | HDFC Bank Limited | 6.38% |
| 2 | ICICI Bank Limited | 6.17% |
| 3 | Canara Bank | 5.28% |
| 4 | Reliance Industries Limited | 4.80% |
| 5 | Axis Bank Limited | 4.51% |
| 6 | Bharti Airtel Limited | 4.40% |
| 7 | Kotak Mahindra Bank Limited | 3.75% |
| 8 | Bharat Heavy Electricals Limited | 2.97% |
| 9 | State Bank of India | 2.38% |
| 10 | IDFC First Bank Limited | 2.24% |