6M
1Y
3Y
5Y
All
Fund Details
ICICI Prudential Equity Arbitrage Dividend
| Risk | Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.98% |
| NAV | ₹13.82 (20 Jan 2021) |
|---|---|
| Fund Started | 30 Dec 2006 |
| Fund Size | ₹9,441 Cr |
Returns
1Y
3Y*
5Y*
Since inception*
Fund Returns
4.0%
5.4%
5.7%
7.2%
Category Average
3.5%
5.0%
5.6%
-
Rank Within Category
9
7
5
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount₹1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
₹0
with 4.0% returns per annum
Comparison
Data not available
Pros
1. Age is more than 5 years
2. Risk is lower compared to the benchmark
3. Lower expense ratio
4. 1Y Returns are higher than the benchmark
5. 3Y Returns are higher than the benchmark
6. Age is more than 5 years
7. Lower expense ratio - 0.98%
8. 1Y Returns are higher than the category average returns
9. 3Y Returns are higher than the category average returns
10. 10Y Returns are higher than the category average returns
Cons
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 8.5% |
| Reserve Bank of India | Financial | T-Bills | 7.3% |
| Reliance Industries Ltd. | Energy | Equity | 6.7% |
| ICICI Bank Ltd. | Financial | Equity | 4.9% |
| Reserve Bank of India | Financial | T-Bills | 3.7% |
| GOI | Sovereign | CGL | 2.9% |
| Axis Bank Ltd. | Financial | Equity | 2.8% |
| GOI | Sovereign | GOI Sec | 2.6% |
| Bharti Airtel Ltd. | Communication | Equity | 2.5% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 2.3% |
See All
Fund Managers
Kayzad Eghlim
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.
Funds Managed
Manish Banthia
Education
Mr. Banthia is B.Com, CA and MBA
Experience
He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
Funds Managed
Rohan Maru
Education
Mr. Maru is M.Com and MBA in Finance.
Experience
Prior to this, he worked with Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.
Funds Managed
Nikhil Kabra
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.
Funds Managed
Priyanka Khandelwal
Education
Ms. Khandelwal is Chartered Accountant and Company Secretary
Experience
She has been Working with ICICI Prudential Mutual Fund Since October 2014.
Funds Managed
Dharmesh Kakkad
Education
Mr. kakkad is B.com., CA & CFA.
Experience
Mr. Kakkad is Manager in ICICI Prudential Mutual Fund since 2009.
Funds Managed
ICICI Prudential Equity Arbitrage Dividend Details
ICICI Prudential Equity Arbitrage Dividend is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 30 Dec 2006. Kayzad Englim, Manish Banthia is the Current Fund Manager of ICICI Prudential Equity Arbitrage Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹9,441 Cr and the Latest NAV as of 20 Jan 2021 is ₹13.82.
The ICICI Prudential Equity Arbitrage Dividend 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
Investment Objective
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.
Tax Implications
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 0.25% if redeemed within 1 month
Exit Load
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ICICI Prudential Equity Arbitrage Dividend
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About ICICI Prudential Mutual Fund
Address
One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
Phone
022-26525000
Launch Date
13 Oct 1993
E-mail
enquiry@icicipruamc.comWebsite
NAICICI Prudential Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
enq_h@camsonline.comWebsite
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