ICICI Prudential Equity Arbitrage Direct-Growth

Q: What are the returns of ICICI Prudential Equity Arbitrage Fund?

The ICICI Prudential Equity Arbitrage Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 7.05% since inception. ICICI Prudential Equity Arbitrage Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.62% 7.48% 6.09% 6.41% 7.05%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹36.6144+0.03% 1 day change	7.05% p.a.	#NA View Ranked Funds	₹26,918 Crs

Historical NAV & returns

NAV: ₹36.6144 as on Jun 05, 2025

This fund Category average

ICICI Prudential Equity Arbitrage Fund overview

Expense ratio	0.4% as on May 31, 2025
Exit load	0.25% Exit load of 0.25% if redeemed within 1 month!
AUM (Fund size)	₹26,918 Crs
Lock-in	No Lockin
Age	12 yrs 5 m since Jan 01, 2013
Benchmark	Nifty 50 Arbitrage
Min. investment	SIP ₹1000 & Lump. ₹5000
Risk	Low
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

ICICI Prudential Equity Arbitrage Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 06, 2025

Period	This fund	Category average
1 Month	0.47%	0.44%
3 Months	1.88%	1.8%
6 Months	3.76%	3.65%
1 Year	7.62%	7.44%
2 Years	8.02%	7.89%
3 Years	7.48%	7.34%
4 Years	6.63%	6.5%
5 Years	6.09%	6.0%
7 Years	6.25%	6.12%
10 Years	6.41%	6.37%

Asset allocationas on Apr 30, 2025

Large Cap -0.162519%

Mid Cap -0.036645%

Small Cap -0.010835999999999998%

Other Cap 0.0%

Top holdings

Reliance Industries Ltd.4.55%

HDFC Bank Ltd.4.09%

Infosys Ltd.3.11%

Bharti Airtel Ltd.3.03%

Top sectors

Financial 15.579999999999995%

Technology 8.31%

Energy 7.279999999999999%

Automobile 5.279999999999999%

Cash 69.1069441%

A1+ 20.55179028%

Cash & Call Money 3.93397877%

AAA 3.09094108%

Top Debt Holdings

Canara Bank 1.86%

National Bank For Agriculture & Rural Development 1.58%

Kotak Mahindra Bank Ltd. 1.05%

Union Bank of India 0.97%

Allocation by Instruments

Cash Margin 69.1069441%

Mutual Fund 17.86363837%

Certificate of Deposit 9.209431160000001%

Repo 4.85110317%

Other Holdings

ICICI Prudential Money Market Direct-Growth 11.3%

ICICI Prudential Savings Fund Direct Plan -Growth 6.56%

Others 4.85%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
ICICI Prudential Equity Arbitrage Fund	N.A.	₹26,918 Crs	12 yrs 5 m	0.4%
Tata Arbitrage Fund	N.A.	₹12,790 Crs	6 yrs 5 m	0.31%
Invesco India Arbitrage Fund	N.A.	₹22,341 Crs	12 yrs 5 m	0.39%
Edelweiss Arbitrage Fund	N.A.	₹14,003 Crs	10 yrs 11 m	0.38%
Axis Arbitrage Fund	N.A.	₹5,746 Crs	10 yrs 10 m	0.33%
Aditya Birla Sun Life Arbitrage Fund	N.A.	₹14,236 Crs	12 yrs 5 m	0.31%

Fund name	1M	6M	1Y	3Y	5Y	10Y
ICICI Prudential Equity Arbitrage Fund	0.47%	3.76%	7.62%	7.48%	6.09%	6.41%
Tata Arbitrage Fund	0.48%	3.84%	7.76%	7.61%	6.28%	4.17%
Invesco India Arbitrage Fund	0.45%	3.75%	7.65%	7.75%	6.36%	6.48%
Edelweiss Arbitrage Fund	0.45%	3.8%	7.64%	7.6%	6.26%	6.6%
Axis Arbitrage Fund	0.46%	3.77%	7.59%	7.4%	6.15%	6.5%
Aditya Birla Sun Life Arbitrage Fund	0.47%	3.85%	7.73%	7.54%	6.15%	6.41%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ICICI Prudential Equity Arbitrage Fund	0.53	0.6	1.64	1.82
Tata Arbitrage Fund	0.51	0.61	1.97	2.22
Invesco India Arbitrage Fund	0.48	0.41	2.37	2.68
Edelweiss Arbitrage Fund	0.55	0.54	1.81	2.0
Axis Arbitrage Fund	0.56	0.63	1.42	1.51
Aditya Birla Sun Life Arbitrage Fund	0.53	0.62	1.74	1.9

View all Arbitrage funds

Key risk & return ratios Compared to other funds in the category

Alpha	2.0 vs. 2.67 Underperformed at beating benchmark
Sharpe	1.64 vs. 2.42 Poor risk-adjusted returns
Beta	0.6 vs. 0.75 Less sensitive to market ups & downs
Standard deviation	0.53 vs. 0.41 More volatile performance

Compare ICICI Prudential Equity Arbitrage Fund in detail with

About this fund

About ICICI Prudential Equity Arbitrage Fund

ICICI Prudential Equity Arbitrage Direct-Growth is a Arbitrage mutual fund scheme from Icici Prudential Mutual Fund. This fund has been in existence for 12 yrs 5 m, having been launched on 01/01/2013. ICICI Prudential Equity Arbitrage Direct-Growth has ₹26,918 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of ICICI Prudential Equity Arbitrage Direct-Growth as of 05/06/2025 is ₹36.61. The fund has an expense ratio of 0.4%, which is close to what most other Arbitrage funds charge. Currently, the fund has a -0.21% allocation to equity and 26.48% to Debt.

ICICI Prudential Equity Arbitrage Direct-Growth returns of last 1-year are 7.54%. Since launch, it has delivered 7.06% average annual returns. The fund has doubled the money invested in it every 11 yrs.
ICICI Prudential Equity Arbitrage Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's equity portion is primarily invested in Unclassified, Financial, Technology, Energy, Automobile sectors. It has taken less exposure in Unclassified, Financial sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in ICICI Prudential Money Market Direct-Growth, ICICI Prudential Savings Fund Direct Plan -Growth, Reliance Industries Ltd., HDFC Bank Ltd., Infosys Ltd..

...

Fund AUM	₹26,918 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Nikhil Kabra

Mr. Kabra is a B.Com and Chartered Accountant. 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.

Archana Nair

Ms. Nair has done B.Com and CA Prior to joining ICICI Prudential Mutual Fund, he has worked with PWC

Ajay Kumar Solanki

Mr. Solanki has done B.Com, CA and CFA Level-III Prior to joining ICICI Prudential Mutual Fund, he has worked with GPS & Associates

Darshil Dedhia

Mr. Dedhia has done CA and CFA. He has been working with ICICI Prudential Mutual Fund since 2013.

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.

ICICI Prudential Mutual Fund details

No. of schemes	97 view all schemes
Total AUM	₹9,14,878 Crs as on Mar 31, 2025
Address	One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai, 400051

More funds from ICICI Prudential Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	5Y
ICICI Prudential Equity & Debt Fund	N.A.	₹42,340 Crs	12.1%	26.23%
ICICI Prudential Multi Asset Fund	N.A.	₹57,485 Crs	13.54%	25.14%
ICICI Prudential Retirement Fund - Hybrid Aggressive Plan	N.A.	₹790 Crs	9.41%	23.4%
ICICI Prudential Asset Allocator Fund (FOF)	N.A.	₹25,277 Crs	12.46%	17.81%
ICICI Prudential Balanced Advantage Fund	N.A.	₹62,528 Crs	11.22%	16.55%
ICICI Prudential Regular Savings Fund	N.A.	₹3,166 Crs	10.76%	11.53%

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of ICICI Prudential Equity Arbitrage Fund?

The current Net Asset Value (NAV) of the ICICI Prudential Equity Arbitrage Fund - Direct Growth plan is approximately ₹36.6144 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The ICICI Prudential Equity Arbitrage Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 7.05% since inception.

ICICI Prudential Equity Arbitrage Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.62%	7.48%	6.09%	6.41%	7.05%

How much does this mutual fund charge as expense ratio?

The ICICI Prudential Equity Arbitrage Fund - Direct Growth has an expense ratio of 0.4%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The ICICI Prudential Equity Arbitrage Fund currently has assets under management (AUM) or fund size valued at approximately ₹26,918 Crs crore as of Mar 31, 2025.

What is risk level of ICICI Prudential Equity Arbitrage Fund?

This is a Arbitrage fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in ICICI Prudential Equity Arbitrage Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for ICICI Prudential Equity Arbitrage Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in ICICI Prudential Equity Arbitrage Fund is complete.

How can I redeem my investments in ICICI Prudential Equity Arbitrage Fund?

Redeeming your investments in ICICI Prudential Equity Arbitrage Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in ICICI Prudential Equity Arbitrage Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Arbitrage

#NA

Return Outperformance: This fund has generated highest return amongst Arbitrage funds in the last 10 Years.
Age: This is the 2nd oldest Arbitrage fund.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.25% if redeemed within 1 month