ICICI Prudential Equity Arbitrage Direct IDCW

Hybrid
Arbitrage
Low Risk
Payout
4.63%
3Y annualised
+0.11% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 04 Oct 2022₹15.53
Min. SIP amount₹1,000
Rating3
Fund size₹11,506.91Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Arbitrage
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.3%4.6%5.5%6.9%
Category average3.4%3.8%4.6%NA
Rank with in category81111NA
Understand terms

Holdings (102)

NameSectorInstrumentAssets
ICICI Prudential Savings Fund Direct Plan -Growth
FinancialMutual Fund6.4%
Reliance Industries Ltd.EnergyEquity5.7%
Panatone Finvest Ltd
FinancialCP5.1%
Adani Enterprises Ltd.ServicesEquity4.0%
Adani Ports and Special Economic Zone Ltd.ServicesEquity4.0%
Reserve Bank of India
FinancialT-Bills3.5%
ICICI Bank Ltd.FinancialEquity2.9%
Maruti Suzuki India Ltd.AutomobileEquity2.7%
Reserve Bank of India
FinancialT-Bills2.6%
Sun Pharmaceutical Industries Ltd.HealthcareEquity2.3%
See All

Pros and cons

Category: Hybrid Arbitrage

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher AUM: 11506Cr. Funds with a higher AUM tend to have lower returns in the future
Lower expense ratio: 0.39%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.39%

Inclusive of GST

Exit load

Exit load of 0.25% if redeemed within 1 month

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Kayzad Eghlim
Jan 2013 - Present
View details

Education
Mr. Eghlim is a B.Com (H) and M Com.
Experience
Prior to joining ICICI Prudential AMC he has worked with IDFC Investment Advisors Ltd., Prime Securities and Canara Robeco Mutual Fund.
Also manages these schemes

Rohan Maru
Dec 2020 - Present
View details

Education
Mr. Maru is M.Com and MBA in Finance.
Experience
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.
Also manages these schemes

Nikhil Kabra
Dec 2020 - Present
View details

Education
Mr. Kabra is a B.Com and Chartered Accountant.
Experience
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.
Also manages these schemes

Priyanka Khandelwal
Jun 2017 - Present
View details

Education
Ms. Khandelwal is Chartered Accountant and Company Secretary
Experience
She has been Working with ICICI Prudential Mutual Fund Since October 2014.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
022-26525000 / 1800-222-999 / 1800-200-6666
Launch Date
12 Oct 1993
Website
NA
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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