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NAV as of ( Sep 09, 2022 )
₹ 29.82 -0.02 % 1-D Change
You get upto 0.57% extra returns
ET Money Rank
Out of 17
Generated returns consistently
Increased returns for each unit of additional risk
Controlled losses during market corrections
Delivered returns without frequent ups and downs
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|ET Money Rank||14 Out of 17|
|Expense ratio||0.39% As on Jul 31, 2022|
|AUM (Fund Size)||₹ 11,507 Crs|
|Age||9 yrs 8 m Since Jan 01, 2013|
|Benchmark||Nifty 50 Arbitrage|
SIP ₹ 1000 &
Lumpsum ₹ 5000
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 0.17%
Mid Cap 0.03%
Small Cap 0.01%
Other Cap 0%
Reserve Bank of India 14.52%
Panatone Finvest Ltd 5.08%
Housing Development Finance Corpn. Ltd. 2.14%
Canara Bank 1.51%
Cash & Call Money 3.45%
Cash Margin 67.71%
Treasury Bills 14.52%
Commercial Paper 7.22%
Mutual Fund 6.37%
ICICI Prudential Flexible Income Plan - Direct Plan 6.37%
|Fund name||Annual Return %||Consistency||Value Research Rating|
|Edelweiss Arbitrage Fund||5.73%|
|Nippon India Arbitrage Fund||5.73%|
|Axis Arbitrage Fund||5.62%|
|Kotak Equity Arbitrage Fund||5.58%|
|Invesco India Arbitrage Fund||5.57%|
|L&T Arbitrage Opportunities Fund||5.53%|
|ICICI Prudential Equity Arbitrage Fund||5.46%|
Sign-up for free to compare fund with arbitrage funds
|Period||Trailing returns||Category average||Rank within category|
|1 month||0.4%||0.37%||3 / 17|
|3 months||0.95%||0.93%||7 / 17|
|6 months||1.99%||2.02%||9 / 17|
|1 year||4%||4%||8 / 17|
|3 years||4.53%||4.52%||11 / 16|
|5 years||5.46%||5.32%||11 / 14|
Level of Risk in the Scheme
Investors understand that their principal will be at Low risk
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.
Mr. Maru is M.Com and MBA in Finance.
Prior to joining ICICI Prudential Mutual Fund, he has worked with Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.
Mr. Kabra is a B.Com and Chartered Accountant.
Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.
Mr. Eghlim is a B.Com (H) and M Com.
Prior to joining ICICI Prudential AMC he has worked with IDFC Investment Advisors Ltd., Prime Securities and Canara Robeco Mutual Fund.
As on Jun 30, 2022
The ICICI Prudential Equity Arbitrage Fund is a 9 yrs 8 m old fund and has delivered average annual returns of 6.85% since inception.
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of ICICI Prudential Equity Arbitrage Fund for Sep 09, 2022 is 29.82 .
ICICI Prudential Equity Arbitrage Fund has an ET Money Rank of # 14 of 17 and a consistency rating of 3 .
This indicates the fund has not generated great returns and even those are not very consistent. You might want to look at other funds in its category.
On ET Money, Investing in ICICI Prudential Equity Arbitrage Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of ICICI Prudential Equity Arbitrage Fund is 0.39%. .
Redeeming your investments in ICICI Prudential Equity Arbitrage Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in ICICI Prudential Equity Arbitrage Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of ICICI Prudential Equity Arbitrage Fund is ₹11,507 Crs.