ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth
Fund House: ICICI Prudential Mutual Fund| Category: Hybrid: Arbitrage |
| Launch Date: 01-01-2013 |
| Asset Class: Mixed Asset |
| Benchmark: Nifty 50 Arbitrage Index |
| TER: 0.29% As on (31-03-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 17,728.73 Cr As on (31-03-2024) |
| Turn over: - | Exit Load: Exit load of 0.25% if redeemed within 1 month |
33.672
0 (0.0062%)
6.97%
Benchmark: 6.15%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
S&P BSE Liquid Rate Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
2 Years 8 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme seeks to generate low volatility returns by using arbitrage and other derivative strategies in equity markets and investments in short-term debt portfolio.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 0.66 |
| Sharpe Ratio | 1.21 |
| Alpha | 2.47 |
| Beta | 0.87 |
| Yield to Maturity | 6.93 |
| Average Maturity | 0.09 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| ICICI Prudential Equity Arbitrage Fund - Direct Plan - Growth | 01-01-2013 | 8.18 | 7.01 | 6.12 | 5.79 | 6.57 |
| Kotak Equity Arbitrage Fund - Growth | 29-09-2005 | 7.89 | 6.66 | 5.77 | 5.39 | 6.11 |
| SBI Arbitrage Opportunities Fund - Regular Plan - Gr | 03-11-2006 | 7.73 | 6.63 | 5.81 | 5.24 | 5.91 |
| Edelweiss Arbitrage Fund- Regular Plan- Growth Option | 05-06-2014 | 7.66 | 6.44 | 5.61 | 5.32 | - |
| Invesco India Arbitrage Fund - Growth Option | 30-04-2007 | 7.61 | 6.74 | 5.78 | 5.37 | 5.97 |
| UTI Arbitrage Fund - Regular Plan - Growth Option | 22-06-2006 | 7.6 | 6.34 | 5.48 | 5.23 | 5.92 |
| Union Arbitrage Fund - Regular Plan - Growth Option | 05-02-2019 | 7.6 | 6.17 | 5.29 | 5.08 | - |
| BARODA BNP PARIBAS ARBITRAGE FUND- REGULAR PLAN- GROWTH OPTION | 05-12-2016 | 7.59 | 6.18 | - | - | - |
| HDFC Arbitrage Fund - Wholesale Growth Option | 10-10-2007 | 7.58 | 6.41 | 5.46 | 5.07 | 5.76 |
| Aditya Birla Sun Life Arbitrage Fund - Regular Plan - Growth | 24-07-2009 | 7.54 | 6.3 | 5.44 | 5.17 | 5.84 |
Scheme Characteristics
Scheme following arbitrage strategy. Minimum investment in equity & equity related instruments - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
1.5%
Others
-37.78%
Large Cap
32.57%
Mid Cap
5.86%
