ICICI Prudential Equity Arbitrage Dividend-0.08%

4Groww
6.57%
1 Year Return
Hybrid
Arbitrage
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Equity Arbitrage Dividend

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.95%
NAV13.7 (23 Aug 2019)
Fund Started30 Dec 2006
Fund Size11,318 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Equity Arbitrage Dividend
6.6%
6.2%
6.6%
7.5%
Category Average
8.7%
NA
NA
-
Rank within category
9
6
4
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 6.6% annual returns

    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. 5Y Returns are higher than the benchmark
    Cons
    1. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Housing Development Finance Corpn. Ltd.FinancialEquity7.7%
    Infosys Ltd.TechnologyEquity6.0%
    Reliance Industries Ltd.EnergyEquity3.9%
    HDFC Bank Ltd.FinancialEquity3.6%
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity2.7%
    Tata Consultancy Services Ltd.TechnologyEquity2.5%
    State Bank of IndiaFinancialEquity2.4%
    ITC Ltd.FMCGEquity2.3%
    Axis Bank Ltd.FinancialEquity2.3%
    Mahindra & Mahindra Ltd.AutomobileEquity1.8%
    See All

    Fund Managers

    addKayzad 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 Canbank Mutual Fund.
    Funds Managed
    addManish 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
    addPriyanka 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
    addDharmesh Kakkad
    Education
    Mr. kakkad is B.com., CA & CFA.
    Experience
    Mr. Kakkad is Manager in ICICI Prudential Mutual Fund since 2009.
    Funds Managed

    Other Details

    ICICI Prudential Equity Arbitrage Dividend is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 30 Dec 2006. Kayzad Englim, Manish Banthia is the Current Fund Manager of ICICI Prudential Equity Arbitrage Dividend.The fund currently has an Asset Under Management(AUM) of ₹11,318 Cr and the Latest NAV as of 23 Aug 2019 is ₹13.7.

    The ICICI Prudential Equity Arbitrage Dividend is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 1 month.

    Investment Objective

    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.

    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

    Compare Funds

    ICICI Prudential Equity Arbitrage Dividend
    VS
    search

    About ICICI Prudential Mutual Fund

    Address
    One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
    Phone
    022-26525000
    Launch Date
    12 Oct 1993
    ICICI Prudential Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
    Similar Funds
    Data not available
    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
    MOST POPULAR ON GROWW
    MUTUAL FUNDS COMPANIES: ICICI PRUDENTIAL  | HDFC  | RELIANCE  | ADITYA BIRLA SUN LIFE  | SBI  | UTI  | FRANKLIN TEMPLETON  | KOTAK MAHINDRA  | IDFC  | DSP BLACKROCK  | AXIS  | TATA  | L&T  | SUNDARAM  | DHFL PRAMERICA  | INVESCO  | LIC  | JM FINANCIAL  | BARODA PIONEER  | CANARA ROBECO  | HSBC  | IDBI  | INDIABULLS  | MOTILAL OSWAL  | BNP PARIBAS  | MIRAE ASSET  | PRINCIPAL  | BOI AXA  | UNION KBC  | TAURUS  | EDELWEISS  | ESSEL  | MAHINDRA  | QUANTUM  | PPFAS  | IIFL  | ESCORTS  |