Parag Parikh Arbitrage Fund (G)

The Parag Parikh Arbitrage Fund has an AUM of ₹1093.46 Cr as on 12/3/2024. The scheme has delivered CAGR returns for the past 3 years against a category average of 5.99%. The risk is Low against the category average of 19.06.

Mutual fund taxation depends on the scheme type and investment holding period.
Taxation on hybrid funds: If equity allocation is 65% or above: STCG of 20% is applicable if units are sold within one year of purchase. For units sold after one year of purchase, LTCG of 12.5% is levied on gains above ₹1.25 lakhs in a financial year.
If debt allocation in a hybrid fund is 65% or more, gains are added to income and taxed as per slab rate irrespective of the holding period.

There is no lock-in period applicable on Parag Parikh Arbitrage Fund.

The expense ratio of Parag Parikh Arbitrage Fund is 0.65%.