ICICI Prudential Equity Arbitrage Fund

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Value Research Rating

3 star

Analyst’s Choice

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Riskometer

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Low

₹31.9837 0.06%

As on 14-Jun-2024

Returns

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Calculate SIP Returns of ICICI Prudential Equity Arbitrage Fund

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Low risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of ICICI Prudential Equity Arbitrage Fund

Asset Allocation

Split between different types of investments

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Market Cap Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of ICICI Prudential Equity Arbitrage Fund

Assets info

₹20,894 Cr

Exit Load (Days) info

0.25 (30)

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

500

Min. SIP Investment (₹)

1,000

Min. No of Cheques

6

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 invest in equity shares and derivatives, and earn their returns through the price differential between a stock and its futures. You can expect to earn better returns than what you would get from a bank account.

They are usually suitable to park your money for a period ranging between three months to a year. However, we believe that liquid funds, which have a similar risk-return payoff, are a better alternative for most investors for such a time frame. Arbitrage funds may have some appeal for those who are in the highest tax bracket, given the preferential tax treatment of these funds.

The risk of incurring a loss in these funds over the said time frame is low but they do not guarantee returns or safety of capital.

Remember, these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run."

Capital Gains Taxation

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • 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 15%.
  • No tax is to be paid as long as you continue to hold the units.

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. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

FAQ for ICICI Prudential Equity Arbitrage Fund

ICICI Prudential Equity Arbitrage Fund invests in equity shares and derivatives and earns through the price differential between a stock and its futures.

Mutual funds can be bought directly from the website of the fund house. For instance, ICICI Prudential Equity Arbitrage Fund fund can be purchased from the website of ICICI Prudential Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of ICICI Prudential Equity Arbitrage Fund is ₹31.9837 as of 16-Jun-2024.

The AUM of ICICI Prudential Equity Arbitrage Fund Fund is ₹20,894 Cr as of 31-May-2024

The riskometer level of ICICI Prudential Equity Arbitrage Fund is Low. See More

Company Percentage of Portfolio

ICICI Pru Money Market Direct-G

7.32

ICICI Pru Savings Direct -G

3.99

Reserve Bank of India T-Bills 182-D 19/09/2024

2.34

Union Bank of India CD 20/03/2025

1.58

Export-Import Bank Of India CD 24/03/2025

1.13
See More

As of 31-May-2024, ICICI Prudential Equity Arbitrage Fund had invested 79.58% in Cash & Cash Eq., 19.94% in Debt and 0.48% in Equity See More

ICICI Prudential Equity Arbitrage Fund is 17 years 5 months old. It has delivered 6.88% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
7.85%
5.73%
5.23%
5.51%
5.94%
6.88%

No, There is no lock in period in ICICI Prudential Equity Arbitrage Fund.

The expense ratio of ICICI Prudential Equity Arbitrage Fund is 0.90.

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