ICICI Prudential Equity Arbitrage Fund
Value Research Rating
Our Opinion
Riskometer
Low
₹36.0871 0.12%
As on 15-May-2026
Returns
Risk
This fund has Low risk.
As per SEBI's Riskometer.
Portfolio of ICICI Prudential Equity Arbitrage Fund
Asset Allocation
Split between different types of investments
Market Cap Weightage
Split between categories of Equity investments
We have shifted from our proprietary CapRank classification system to SEBI’s market cap classification system with effect from 14 Jan, 2026.
Peer Comparison
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Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
ICICI Prudential Equity Arbitrage Fund
|
|
|
Low
|
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2.23 |
|
|
|
Low
|
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3.34 |
||
 |
|
Low
|
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2.32 |
||
|
|
Low
|
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3.97 |
||
|
|
Low
|
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1.81 |
Other details of ICICI Prudential Equity Arbitrage Fund
Assets
₹32,299 Cr
Exit Load (Days)
0.25 (30)
Min. Investment (₹)
5,000
Min. Withdrawal (₹)
500
Min. SIP Investment (₹)
1,000
Min. No of Cheques
6
About ICICI Prudential Equity Arbitrage Fund
ICICI Prudential Equity Arbitrage Fund is a hybrid mutual fund scheme of ICICI Prudential Mutual Fund. Launched on December 30, 2006, it is currently managed by Nikhil Kabra, Darshil Dedhia, Ajay Kumar Solanki and Archana Nair. The fund has an expense ratio of 2.23% with an overall AUM (Assets Under Management) of ₹32,299 Cr.
ICICI Prudential Equity Arbitrage Fund invests in equity shares and derivatives and earns through the price differential between a stock and its futures. The fund allows minimum lumpsum investment of ₹1,000 and minimum SIP of ₹1,000.
Investment Strategy
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.
Suitability
Arbitrage funds are suitable for:
- Parking emergency corpus or idle money for investors in the highest tax bracket
- Earning slightly higher returns than savings bank account, with low-to-moderate volatility
- Investment horizon of 3 months to 1 year
Note:
- There is no guarantee of returns
- Not suitable for long-term wealth creation
Capital Gains Taxation
- If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at the rate of 12.5%.
- If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 20%.
- No tax is to be paid as long as you continue to hold the units.
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
- Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
Latest news on ICICI Prudential Equity Arbitrage Fund
FAQ for ICICI Prudential Equity Arbitrage Fund
How to Invest in ICICI Prudential Equity Arbitrage Fund?
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of ICICI Prudential Equity Arbitrage Fund through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, ICICI Prudential Equity Arbitrage Fund can be bought from the ICICI Prudential Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
What is the current NAV of ICICI Prudential Equity Arbitrage Fund Today?
The latest declared NAV of ICICI Prudential Equity Arbitrage Fund, is ₹36.0871 as of 18-May-2026.
What are the top holdings of ICICI Prudential Equity Arbitrage Fund?
| Company | Percentage of Portfolio |
|---|---|
|
ICICI Pru Money Market Direct-G |
16.02
|
|
Union Bank of India CD 18/02/2027 |
2.05
|
|
Bank Of Baroda CD 25/01/2027 |
1.62
|
|
HDFC Bank Ltd CD 15/02/2027 |
1.46
|
|
Small Industries Devp. Bank of India Ltd CD 28/01/2027 |
1.17
|
What is the return of ICICI Prudential Equity Arbitrage Fund in the last 5 years?
Over the past five years, ICICI Prudential Equity Arbitrage Fund has delivered an annualised return of 6.01% as of 18-May-2026.
What is the minimum investment required in ICICI Prudential Equity Arbitrage Fund?
The minimum investment required to start investing in ICICI Prudential Equity Arbitrage Fund is ₹5,000 for the lump sum option and ₹1,000 for the SIP (Systematic Investment Plan) option.
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