• Mutual Funds
  • Principal Mutual Fund
  • Principal Arbitrage Fund of Income Distribution cum capital Wdrl (PIDCW-M)

Formerly Principal Arbitrage Fund Reg Mn DP

Principal Mutual Fund

Principal Arbitrage Fund of Income Distribution cum capital Wdrl (PIDCW-M)

HybridArbitrage

10.3675

NAV (Dec 06)

1.6%
5 Year CAGR
Scripbox Opinion

Neutral

Click here for top ranked funds in arbitrage mutual funds.

However, Scripbox does not recommend investing in arbitrage mutual funds.

Arbitrage Funds are designed to take advantage of small differences in prices of securities between the cash and derivatives markets.

Funds in this category deploy different strategies making assessment of each fund a unique exercise.This category has a limited number of funds with a sufficiently long history.These funds are recommended as a tax - efficient alternative to debt funds but the effective tax differential is too small to provide a meaningful benefit to regular consumers who are better off investing in debt funds rather than a complex instrument.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

5 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.

Relative Size

9 Cr. Negligible within the category

Category View

Neutral. The category has a neutral investment outlook

Consistency Of Performance

Poor. The historical performance of the fund has been poor

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    Historical growth rate of 12% per annum
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    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only

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Historical NAV

10.3675

NAV (Dec 6)

Fund Returns

Last 1Y

2.6%

Last 3Y

1.4%

Last 5Y

1.6%

Last 10Y

NA

Since Inception

2.1%

6 Month CAGR

1.2%

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Scheme Information

Investment Objective

The investment objective of the Scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. There is no assurance or guarantee that the investment objective of the Scheme will be realized.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

Low Risk

Expense Ratio

0.85

Launched (5y ago)

Apr 21, 2016

AUM in Crores

8.054

ISIN

INF173K01MY0

Lock-in

No Lock-in

Benchmark

NIFTY 50 Arbitrage TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers
user-avatar

Rajat Jain

Fund Manager

calculator

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

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Build Long Term Wealth

Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

  • Inflation beating returns
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comparison

Comparison with Hybrid Funds

Fund NameScripbox OpinionFund SizeTrack Record
Aditya Birla Sun Life Equity Hybrid 95 Fund (G)

Aditya Birla Sun Life Equity Hybrid 95 Fund (G)

₹ 8,193 cr

5

₹ 18,740 cr

5

₹ 3,414 cr

5

₹ 471 cr

5

₹ 2,707 cr

5

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About the AMC

Principal Asset Management Private Limited

Principal Asset Management Private Limited manages assets worth 9,520 crores and was set up on 20 November 1994. It's current offering of mutual fund schemes includes 30 equity,31 debt and 16 hybrid funds.

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  • tel-amc-about
    022-67720555
  • mail-amc-about
    customer@principalindia.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    22%

    24.7%

    21.6%

    16%

    22%

    24.7%

    16.7%

    15.1%

    22%

    24.7%

    growth

    Build Long Term Wealth

    Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
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    Invesco India Growth Opportunities Fund (Growth)

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    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    About Principal Arbitrage Fund of Income Distribution cum capital Wdrl (PIDCW-M)

    About Principal Arbitrage Fund of Income Distribution cum capital Wdrl (PIDCW-M)

    Principal Arbitrage Fund of Income Distribution cum capital Wdrl (PIDCW-M) is a Arbitrage Hybrid fund and has delivered an annualised return of 2.1% over a period of 5 years. The fund was previously known as Principal Arbitrage Fund Reg Mn DP . The fund is managed by Principal Asset Management Private Limited. The fund manager’s name is Rajat Jain

    Principal Arbitrage Fund of Income Distribution cum capital Wdrl (PIDCW-M) Investment Objective

    The investment objective of the Scheme is to generate capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. There is no assurance or guarantee that the investment objective of the Scheme will be realized. . However, there is no assurance that the objective of the scheme will be realized.

    Principal Arbitrage Fund of Income Distribution cum capital Wdrl (PIDCW-M) NAV,AUM,Risk

    The Principal Arbitrage Fund of Income Distribution cum capital Wdrl (PIDCW-M) fund was launched on Apr 21, 2016. The NAV (Net Asset Value) of this Arbitrage Hybrid fund as of 2021-12-06 is ₹10.37. The total AUM (Asset Under Management) of the fund as of 07/12/2021 is ₹8.054. The category risk of the Principal Arbitrage Fund of Income Distribution cum capital Wdrl (PIDCW-M) fund is Low Risk. The fund charges 0.85 % as expense ratio.

    Principal Arbitrage Fund of Income Distribution cum capital Wdrl (PIDCW-M) Holdings

    The fund’s highest allocation is towards Others and has invested 100.2% in this asset class. The top three holdings of the fund are , cash offset for derivatives , net receivable / payable , larsen & toubro ltd , future on larsen & toubro ltd , dr reddy's laboratories ltd , future on dr reddy's laboratories ltd , future on reliance industries ltd , reliance industries ltd , grasim industries ltd , future on grasim industries ltd , treps 01-nov-2021 , tech mahindra ltd , future on tech mahindra ltd , 182 dtb 09122021 , future on itc ltd , jsw steel ltd , future on aurobindo pharma ltd , future on jsw steel ltd , aurobindo pharma ltd , itc ltd , future on icici bank ltd , icici bank ltd , dlf ltd , future on dlf ltd , 8.79% govt stock 2021 , future on lic housing finance ltd , lic housing finance ltd , hindustan unilever ltd , future on hindustan unilever ltd , 91 dtb 23122021 , hdfc bank ltd , future on hdfc bank ltd , state bank of india , future on state bank of india , 91 dtb 06012022

    Principal Arbitrage Fund of Income Distribution cum capital Wdrl (PIDCW-M) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.

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