ICICI Prudential Arbitrage Fund Direct Plan Bonus

ICICI Prudential Arbitrage Fund Direct Plan Bonus is a hybrid fund. This fund was started on 26 August, 2014. The fund is managed by Ajaykumar Solanki, Archana Nair, Sharmila D’mello, Nikhil Kabra, Darshil Dedhia. This fund gives you the benefit of diversification.

1. ICICI Prudential Arbitrage Fund Direct Plan Bonus has ₹34850 Cr worth of assets under management (AUM) as on Sep 2026 and is more than category average.
2. The fund has an expense ratio 1.6.
   

ICICI Prudential Arbitrage Fund Direct Plan Bonus has given a CAGR return of 7.08% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.68%, 6.69% and 6.85% respectively.

ICICI Prudential Arbitrage Fund Direct Plan Bonus has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Basic Materials, Communication, Industrial, Energy, Utilities, Health, Consumer Cyclical, Government, Consumer Defensive, Tech, Real Estate.

As it is a arbitrage fund mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

To generate low volatility returns by using arbitrage and other derivative strategies in equity markets and investments in debt and money market instruments. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. ICICI Prudential Arbitrage Fund Direct Plan Bonus has no lock in period.