ICICI Prudential Equity Arbitrage Fund Direct Plan Payout Inc Dist cum Cap Wdrl

Hybrid
Direct
Arbitrage Fund
ICICI Prudential Equity Arbitrage Fund Direct Plan Payout Inc Dist cum Cap Wdrl

About the Fund

ICICI Prudential Equity Arbitrage Fund Direct Plan Payout Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Rohan Maru, Nikhil Kabra. This fund gives you the benefit of diversification.

Key Parameters

  1. ICICI Prudential Equity Arbitrage Fund Direct Plan Payout Inc Dist cum Cap Wdrl has ₹20894 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

ICICI Prudential Equity Arbitrage Fund Direct Plan Payout Inc Dist cum Cap Wdrl has given a CAGR return of 6.43% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 4.87%, 5.00% and 4.92% respectively.

Holdings

ICICI Prudential Equity Arbitrage Fund Direct Plan Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Basic Materials, Corporate, Energy, Utilities, Tech, Consumer Cyclical, Communication, Government, Consumer Defensive, Health, Real Estate, Securitize.

Taxation

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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of ICICI Prudential Equity Arbitrage Fund Direct Plan Payout Inc Dist cum Cap Wdrl

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 and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. ICICI Prudential Equity Arbitrage Fund Direct Plan Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 2L in ICICI Prudential Equity Arbitrage Fund Direct Plan Payout Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.3%
Benchmark
NIFTY 50 Arbitrage TR INR
AUM₹20894 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/--
Exit Load
0.25%
Lock InNo Lock-in
TurnOver
177.57%
Risk
Risk meter
pointer
Low Risk

Fund Distribution
as on (31-May-24)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
84.9%
Corporate
10.3%
Government
4.8%
Securitize
0%
All changes are between Oct'69 and Dec'69

Rohan Maru
Rohan Maru
Fund Manager of ICICI Prudential Equity Arbitrage Fund Direct Plan Payout Inc Dist cum Cap Wdrl, since 29 December 2020
Nikhil Kabra
Nikhil Kabra
Fund Manager of ICICI Prudential Equity Arbitrage Fund Direct Plan Payout Inc Dist cum Cap Wdrl, since 29 December 2020

ICICI Prudential Equity Arbitrage Fund Direct Plan Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.43% since inception which is more than its category average return of 5.26%
AUM size ₹20894 Cr

AUM size ₹20894 Cr

This fund has AUM of ₹20894 Cr which is more than its category average of ₹ 6913 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.71%

Frequently Asked Questions

The current NAV of ICICI Prudential Equity Arbitrage Fund Direct Plan Payout Inc Dist cum Cap Wdrl is ₹16.64 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
ICICI Prudential Equity Arbitrage Fund Direct Plan Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.47%
0.47%
6 Month Returns
2.47%
2.47%
1 Year Returns
4.87%
4.87%
3 Years Returns
15.77%
5%
5 Years Returns
27.14%
4.92%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.3% as on May 2024
₹20894 Cr as on May 2024
HDFC Bank Ltd(7.51%), ICICI Pru Money Market Dir Gr(7.32%), ICICI Pru Savings Dir Gr(3.99%), Kotak Mahindra Bank Ltd(2.71%), Adani Enterprises Ltd(2.58%) as on May 2024
Cash Equivalent(85.34%), Corporate(10.3%), Government(4.83%) as on May 2024
AAA
100
Rohan Maru, Nikhil Kabra are the fund managers of ICICI Prudential Equity Arbitrage Fund Direct Plan Payout Inc Dist cum Cap Wdrl
The Exit load of ICICI Prudential Equity Arbitrage Fund Direct Plan Payout Inc Dist cum Cap Wdrl is 0.25%