|Min SIP Amount||₹1000|
|NAV||₹15.09 (22 Apr 2021)|
|Fund Started||07 Jan 2013|
|Fund Size||₹10,456 Cr|
|Grasim Industries Ltd.||Construction||Equity||1.7%|
|Adani Enterprises Ltd.||Services||Equity||1.3%|
|Asian Paints Ltd.||Chemicals||Equity||1.2%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||1.0%|
|Bharat Petroleum Corpn. Ltd.||Energy||Equity||0.8%|
|Aurobindo Pharma Ltd.||Healthcare||Equity||0.6%|
|Dabur India Ltd.||FMCG||Equity||0.4%|
|Ambuja Cements Ltd.||Construction||Equity||0.4%|
|Federal Bank Ltd.||Financial||Equity||0.3%|
ICICI Prudential Equity Arbitrage Direct IDCW is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 07 Jan 2013. Kayzad Eghlim, Manish Banthia, Dharmesh Kakkad is the Current Fund Manager of ICICI Prudential Equity Arbitrage Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹10,456 Cr and the Latest NAV as of 22 Apr 2021 is ₹15.09.
The ICICI Prudential Equity Arbitrage Direct IDCW is rated Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 1 month
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.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.