ICICI Prudential Equity Arbitrage Fund Retail Plan Growth - Latest NAV, Returns, Performance & Portfolio

ICICI Prudential Equity Arbitrage Fund Retail Plan Growth

  • highlight
    6.48%
  • highlight
    25.4432

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Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 9.84 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years7.37%
5 Years6.48%
3 Years5.98%
1 Year6.01%
6 Months2.87%
Fund Details
ISININF109K01BF6
RiskModerately Low risk
Fund TypeArbitrage Fund
NAV25.4432
Exit Load0.25% for 31 Days

More about this fundstar

Top HoldingsWeightage
Hdfc Ltd.7.7%
Housing Development Finance Corp Ltd7.68%
Reliance Industries Ltd.6.42%
Reliance Industries Ltd6.39%
Hdfc Bank Ltd.5%
HDFC Bank Ltd4.99%
Infosys Ltd.3.88%
Infosys Ltd3.87%
State Bank of India3.09%
State Bank Of India3.09%

About ICICI Prudential Equity Arbitrage Fund

The ICICI Prudential Equity Arbitrage Fund is an open-ended equity scheme. It seeks to provide a short-term income generation solution by aiming to generate low-volatility returns. The scheme achieves this objective by using arbitrage and other derivative strategies in the equity markets and also by investing in a short-term debt portfolio.

Pros & Cons of ICICI Prudential Equity Arbitrage Fund

  1. The scheme invests in opportunities across various market capitalizations. It uses a top-down approach to identify growth sectors and a bottom-up approach to determine individual stocks.
  2. As on September 30, 2018, the scheme is not ranked under CRISIL’s Arbitrage Fund category.
  3. Further, it has generated returns of 7.24% per years over the last 10 years (as on January 09, 2019).

Fund Information and Statistics of ICICI Prudential Equity Arbitrage Fund

i) Inception / Launch date

The scheme was launched on 30 December 2006 by ICICI Prudential Mutual Fund.

ii) Risk level

According to the investment objective and asset allocation of the scheme, it has a moderate risk-level associated with it.

iii) Redemption

The minimum redemption amount is Rs. 500. Further, the redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

iv) Fund Manager

The Fund Managers of the ICICI Prudential Equity Arbitrage Fund are: 1. For the Equity portion – Mr. Kayzad Eghlim and Mr. Dharmesh Kakkad 2. For the Debt portion – Mr. Manish Banthia

v) Entry / Exit load

There is no entry load in this scheme. The exit load structure is as follows: 1. If the units are redeemed after the completion of 1 month from the date of allotment of the said units, then the exit load = Nil 2. If the units are redeemed within the period of 1 month from the date of allotment of the said units, then the exit load = 0.25% of the applicable NAV

Tax benefits of investing in ICICI Prudential Equity Arbitrage Fund

The following taxes are applicable to income arising from investing in this scheme: 1. STCG tax (units are held for a period of less than 12 months) of 15 percent on redemption of units. 2. LTCG tax (units are held for a period of more than 12 months) component is taxed at 10 percent without indexation benefits on the redemption of units.

About ICICI Mutual Fund

ICICI Prudential Balanced Advantage Fund is managed by ICICI Mutual Fund AMC, one of India’s largest Fund houses with a proven track record of delivering returns. The fund has been on the forefront of financial innovation leading to a well-diversified portfolio of around 47 mutual fund products, across equity and debt.

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 9.84 Lakhs in a period of 20 years
Moderately Low risk

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