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: 0.96% As on (31-10-2022)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 10,890.63 Cr As on (31-10-2022)
Turn over: 116% | Exit Load: 0.25% for redemption within 30 days

28.5598

6.81%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
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vs
S&P BSE Liquid Rate Index
-
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 0.42
Alpha 0.87
Beta 0.51
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 3.59 3.84 3.96 4.84 6.3
Invesco India Arbitrage Fund - Growth Option 30-04-2007 4.49 4.1 4.11 4.89 6.03
SBI Arbitrage Opportunities Fund - Regular Plan - Gr 03-11-2006 3.89 4.06 3.83 4.8 6.08
Kotak Equity Arbitrage Fund - Growth 29-09-2005 3.87 4.04 4.1 4.99 6.32
Edelweiss Arbitrage Fund- Regular Plan- Growth Option 05-06-2014 3.73 3.9 4.07 4.95 -
Axis Arbitrage Fund - Regular Plan - Growth 05-08-2014 3.68 3.83 3.88 4.79 -
Nippon India Arbitrage Fund - Growth Plan - Growth Option 05-10-2010 3.59 3.83 3.95 4.99 6.34
HDFC Arbitrage Fund - Wholesale Growth Option 10-10-2007 3.53 3.73 3.68 4.56 5.88
Aditya Birla Sun Life Arbitrage Fund - Regular Plan - Growth 24-07-2009 3.46 3.81 3.87 4.79 6.12
IDFC Arbitrage Fund - Regular Plan - Growth 21-12-2006 3.45 3.62 3.65 4.72 6.07

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

2.54%

Others

29.22%

Large Cap

51.19%

Mid Cap

10.45%

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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