ICICI Prudential Equity Arbitrage Fund Direct Plan Growth - Latest NAV ₹27.9518, Returns, Performance & Portfolio

ICICI Prudential Equity Arbitrage Fund Direct Plan Growth

  • highlight
    6.2%
  • highlight
    (+0.02)27.9518

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 4.76 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years6.2%
3 Years5.86%
1 Year4.2%
6 Months1.96%
Fund Details
ISININF109K016O4
Risk
Fund TypeArbitrage Fund
NAV27.9518
Exit Load0.25% for 31 Days

More about this fundstar

Top HoldingsWeightage
182 DTB 180320216.97%
Reliance Industries Ltd.5.43%
Reliance Industries Ltd Shs Dematerialised5.4%
Future on HDFC Bank Ltd4.91%
Housing Development Finance Corp Ltd4.77%
Future on Bharti Airtel Ltd4.5%
Future on ICICI Bank Ltd4.48%
Bharti Airtel Ltd4.48%
ICICI Bank Ltd4.45%
364 DTB 250320213.48%

About ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth

The main objective of the scheme is to provide investors with consistent returns by constituting a portfolio which is not affected much by the market volatility. The plan invests across equity and debt securites.

Pros and Cons of ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth

The most significant advantage of investing in this fund is that you gain exposure towards a portfolio constituted by both equity-linked and fixed-income securities. On the flip side, the returns can be curtailed as the fund has restricted exposure towards equities.

Fund Information and Statistics

i) Inception/Launch Date

ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth was launched on 1 January 2013.

ii) Risk Level

ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth has been clubbed under the 'moderately low risk' class of mutual funds.

iii) Redemption

Since ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth is an open-ended mutual fund scheme, you can sell your fund units at any time.

iv) Fund Manager

ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth is currently being managed by Mr Manish Banthia and Mr Kayzad Eghlim.

v) Entry/Exit load

An exit load of 0.25% is payable on redemptions made within a holding period of one month. There is no entry load as per the regulations of the Securities and Exchange Board of India (SEBI).

About ICICI Prudential Mutual Fund

ICIC Prudential Mutual Fund was incorporated in the year 1993 due to a joint venture agreement between ICICI Bank Ltd and Prudential Plc. They also happen to be the sponsors of the fund house. The fund officially registered itself with the Indian securities market regulator with ICICI Prudential Trust Ltd as its trustee. The fund house is now a leading asset management company in India.

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Frequently Asked Questions

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 4.76 Lakhs in a period of 20 years

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns