ICICI Prudential Income Plus Arbitrage Active FoF Direct- Growth

Q: What are the returns of ICICI Prudential Income Plus Arbitrage Active FoF?

The ICICI Prudential Income Plus Arbitrage Active FoF is a 12 yrs 5 m old fund and has delivered average annual returns of 9.87% since inception. ICICI Prudential Income Plus Arbitrage Active FoF Returns 1-Year 3-Year 5-Year 10-Year Since Inception 11.03% 12.68% 13.03% 9.5% 9.87%

Previously called: ICICI Prudential Income Optimizer Fund (FOF) Dir-G

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹66.7907+0.03% 1 day change	9.87% p.a.	#NA View Ranked Funds	₹296 Crs

Historical NAV & returns

NAV: ₹66.7907 as on Jun 05, 2025

This fund Category average

ICICI Prudential Income Plus Arbitrage Active FoF overview

Expense ratio	0.03% as on May 31, 2025
Exit load	1.0% Exit load of 1% if redeemed within 12 months.!
AUM (Fund size)	₹296 Crs
Lock-in	No Lockin
Age	12 yrs 5 m since Jan 01, 2013
Benchmark	NA
Min. investment	SIP ₹1000 & Lump. ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

ICICI Prudential Income Plus Arbitrage Active FoF 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	0.75%	0.8%
3 Months	3.16%	2.6%
6 Months	3.21%	0.92%
1 Year	11.03%	8.86%
2 Years	13.28%	13.25%
3 Years	12.68%	12.89%
4 Years	10.94%	10.04%
5 Years	13.03%	13.25%
7 Years	10.55%	10.96%
10 Years	9.5%	9.8%

Asset allocationas on Apr 30, 2025

Large Cap -0.073712%

Mid Cap -0.004744%

Small Cap -0.001552%

Other Cap 7.999999999992724E-6%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 44.609516%

Cash 26.266428%

SOV 15.503814%

A1+ 8.135437%

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Mutual Fund 98.16907469%

Repo 2.52779787%

Other Holdings

ICICI Prudential Corporate Bond Fund Direct Plan -Growth 60.16%

ICICI Prudential Equity Arbitrage Direct-Growth 38.01%

Others 2.53%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
ICICI Prudential Income Plus Arbitrage Active FoF	N.A.	₹296 Crs	12 yrs 5 m	0.03%
HDFC Income Plus Arbitrage Active FoF	N.A.	₹70 Crs	12 yrs 5 m	0.07%
DSP Income Plus Arbitrage FoF	N.A.	₹436 Crs	10 yrs 10 m	0.43%
UTI Income Plus Arbitrage Active FoF	N.A.	₹76 Crs	2 m	0.05%

Fund name	1M	6M	1Y	3Y	5Y	10Y
ICICI Prudential Income Plus Arbitrage Active FoF	0.75%	3.21%	11.03%	12.68%	13.03%	9.5%
HDFC Income Plus Arbitrage Active FoF	0.85%	-2.31%	5.66%	15.65%	17.81%	12.23%
DSP Income Plus Arbitrage FoF	0.74%	1.87%	9.9%	10.33%	8.91%	7.66%
UTI Income Plus Arbitrage Active FoF	0.86%	1.77%	1.77%	0.59%	0.35%	0.18%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ICICI Prudential Income Plus Arbitrage Active FoF	3.42	N.A.	1.65	2.79
HDFC Income Plus Arbitrage Active FoF	6.94	N.A.	1.22	1.86
DSP Income Plus Arbitrage FoF	9.33	N.A.	0.42	0.64
UTI Income Plus Arbitrage Active FoF	N.A.	N.A.	N.A.	N.A.

View all Tax Efficient Income funds

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

Alpha	N.A.
Sharpe	1.65 vs. 3.03 Poor risk-adjusted returns
Beta	N.A.
Standard deviation	3.42 vs. 4.36 More stable returns

Compare ICICI Prudential Income Plus Arbitrage Active FoF in detail with

About this fund

About ICICI Prudential Income Plus Arbitrage Active FoF

ICICI Prudential Income Plus Arbitrage Active FoF Direct- Growth is a Tax Efficient Income 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 Income Plus Arbitrage Active FoF Direct- Growth has ₹296 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 Income Plus Arbitrage Active FoF Direct- Growth as of 05/06/2025 is ₹66.79. The fund has an expense ratio of 0.03%, which is close to what most other Tax Efficient Income funds charge.

ICICI Prudential Income Plus Arbitrage Active FoF Direct- Growth returns of last 1-year are 11.34%. Since launch, it has delivered 9.88% average annual returns. The fund has doubled the money invested in it every 6 yrs.
The fund's credit profile is moderate indicating it has lent to borrowers whose quality is good. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in ICICI Prudential Corporate Bond Fund Direct Plan -Growth, ICICI Prudential Equity Arbitrage Direct-Growth.

...

Fund AUM	₹296 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Manish Banthia

Mr. Banthia is B.Com, CA and MBA 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.

Dharmesh Kakkad

Mr. kakkad is B.com., CA & CFA. He is associated with ICICI Prudential Asset Management Company Limited from June 2010. Prior to working in Dealing function, he was working in the Operations Department of ICICI Prudential AMC.

Ritesh Lunawat

Mr. Lunawat is B.Com and Chartered Accountant. He has been Working with ICICI Prudential AMC Since September 2013.

Sharmila D'mello

Ms. D'mello is CA and BAF She joined ICICI Prudential AMC Limited in September 2016.

Masoomi Jhurmarvala

CA, M.Com, B.Com She is assocated with ICICI Pru Asset Management Company form 2016.

Investment objective

The scheme seeks to invest in Debt oriented schemes and Arbitrage schemes in order to generate regular income.

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	3Y
ICICI Prudential Long Term Bond Fund	N.A.	₹1,164 Crs	12.25%	9.96%
ICICI Prudential Constant Maturity Gilt Fund	N.A.	₹2,531 Crs	12.46%	9.76%
ICICI Prudential Gilt Fund	N.A.	₹7,133 Crs	11.0%	9.51%
ICICI Prudential All Seasons Bond Fund	N.A.	₹14,635 Crs	10.75%	9.48%
ICICI Prudential Bond Fund	N.A.	₹2,858 Crs	11.21%	9.38%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of ICICI Prudential Income Plus Arbitrage Active FoF?

The current Net Asset Value (NAV) of the ICICI Prudential Income Plus Arbitrage Active FoF - Direct Growth plan is approximately ₹66.7907 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The ICICI Prudential Income Plus Arbitrage Active FoF is a 12 yrs 5 m old fund and has delivered average annual returns of 9.87% since inception.

ICICI Prudential Income Plus Arbitrage Active FoF Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
11.03%	12.68%	13.03%	9.5%	9.87%

How much does this mutual fund charge as expense ratio?

The ICICI Prudential Income Plus Arbitrage Active FoF - Direct Growth has an expense ratio of 0.03%, 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 Income Plus Arbitrage Active FoF currently has assets under management (AUM) or fund size valued at approximately ₹296 Crs crore as of Mar 31, 2025.

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The ICICI Prudential Income Plus Arbitrage Active FoF allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	44.609516%
Cash	26.266428%
SOV	15.503814%

What is risk level of ICICI Prudential Income Plus Arbitrage Active FoF?

This is a Tax Efficient Income fund comes with Moderate 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 Income Plus Arbitrage Active FoF?

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 Income Plus Arbitrage Active FoF 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 Income Plus Arbitrage Active FoF is complete.

How can I redeem my investments in ICICI Prudential Income Plus Arbitrage Active FoF?

Redeeming your investments in ICICI Prudential Income Plus Arbitrage Active FoF 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 Income Plus Arbitrage Active FoF from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Tax Efficient Income

#NA

Return Outperformance: This fund has generated highest return amongst Tax Efficient Income funds in the last 5 Years.
Chance: This fund has generated a 8.48% annual return in 70% of times for investors holding for at least 5 years.
AUM Growth: This fund has the highest AUM growth in the last 12 months in Tax Efficient Income category.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Age: This is the oldest Tax Efficient Income fund.
Expense Ratio: This fund has the lowest expense ratio amongst actively/passively managed Tax Efficient Income funds.
Exit Load: Exit load of 1% if redeemed within 12 months.