ICICI Prudential Equity Arbitrage Fund - Growth

Fund House: ICICI Prudential Mutual Fund
Category: Hybrid: Arbitrage
Launch Date: 30-12-2006
Asset Class: Mixed Asset
Benchmark: NIFTY 50 Arbitrage TRI
Expense Ratio: 0.98% As on (31-12-2020)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 9,441.44 Cr As on (31-12-2020)
Turn over: 193% | Exit Load: 0.25% for redemption within 30 days

26.5682

7.19%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
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vs
S&P BSE Liquid Rate Index
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Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

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
8 Years 11 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

Volatility 0.5
Sharp Ratio 1.05
Alpha -0.73
Beta 0.48
Yield to Maturity -
Average Maturity -

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 - Growth 30-12-2006 3.92 4.94 5.34 5.69 7.16
Tata Arbitrage Fund-Regular Plan-Growth 05-12-2018 4.59 5.42 - - -
L&T Arbitrage Opportunities Fund - Regular Plan - Growth 05-06-2014 4.4 5.21 5.47 5.74 -
BNP PARIBAS ARBITRAGE FUND- REGULAR PLAN- GROWTH OPTION 05-12-2016 4.2 5.19 5.52 - -
Edelweiss Arbitrage Fund- Regular Plan- Growth Option 02-06-2014 4.15 5.13 5.46 5.78 -
Union Arbitrage Fund - Regular Plan - Growth Option 05-02-2019 4.11 - - - -
Kotak Equity Arbitrage Fund - Growth 29-09-2005 4.03 5.05 5.45 5.78 7.13
UTI Arbitrage Fund - Regular Plan - Growth Option 22-06-2006 4.0 5.06 5.43 5.69 6.87
Nippon India Arbitrage Fund - Growth Plan - Growth Option 05-10-2010 3.95 5.04 5.57 5.79 7.25
Invesco India Arbitrage Fund - Growth Option 30-04-2007 3.9 4.88 5.22 5.54 6.78

Scheme Characteristics

Scheme following arbitrage strategy. Minimum investment in equity & equity related instruments - 65% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

0.57%

Others

31.0%

Large Cap

63.09%

Mid Cap

5.36%

Scheme Documents

There are no scheme documents available

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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