| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.98% |
| NAV | ₹13.66 (12 Aug 2020) |
|---|---|
| Fund Started | 30 Dec 2006 |
| Fund Size | ₹10,358 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 6.6% |
| Reliance Industries Ltd. | Energy | Equity | 5.4% |
| Bharti Airtel Ltd. | Communication | Equity | 4.7% |
| ICICI Bank Ltd. | Financial | Equity | 3.9% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.6% |
| Axis Bank Ltd. | Financial | Equity | 3.2% |
| GOI | Sovereign | GOI Sec | 2.6% |
| GOI | Sovereign | CGL | 2.5% |
| Reserve Bank of India | Financial | T-Bills | 1.8% |
| Reserve Bank of India | Financial | T-Bills | 1.8% |
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 ₹10,358 Cr and the Latest NAV as of 12 Aug 2020 is ₹13.66.
The ICICI Prudential Equity Arbitrage Dividend is rated Moderately 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 investment objective of Income Optimiser Plan under the scheme is to seek 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.