ICICI Prudential Equity Arbitrage Fund - Growth
Fund House: ICICI Prudential Mutual Fund| Category: Hybrid: Arbitrage |
| Launch Date: 30-12-2006 |
| Asset Class: Mixed Asset |
| Benchmark: Nifty 50 Arbitrage Index |
| TER: 0.9% As on (31-05-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 23,541.7 Cr As on 31-07-2024(Source:AMFI) |
| Turn over: - | Exit Load: Exit load of 0.25% if redeemed within 1 month |
32.337
-0.01 (-0.0164%)
6.88%
Benchmark: 6.16%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
S&P BSE Liquid Rate Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
8 Years 11 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
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.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 0.73 |
| Sharpe Ratio | -1.32 |
| Alpha | -0.34 |
| Beta | 0.83 |
| Yield to Maturity | 6.95 |
| Average Maturity | 0.42 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| ICICI Prudential Equity Arbitrage Fund - Growth | 30-12-2006 | 7.67 | 7.12 | 5.83 | 5.22 | 5.91 |
| Kotak Equity Arbitrage Fund - Growth | 29-09-2005 | 7.97 | 7.38 | 6.1 | 5.43 | 6.07 |
| HDFC Arbitrage Fund - Wholesale Growth Option | 10-10-2007 | 7.77 | 7.18 | 5.81 | 5.11 | 5.75 |
| UTI Arbitrage Fund - Regular Plan - Growth Option | 22-06-2006 | 7.76 | 7.1 | 5.8 | 5.25 | 5.93 |
| BARODA BNP PARIBAS ARBITRAGE FUND- REGULAR PLAN- GROWTH OPTION | 05-12-2016 | 7.74 | 7.07 | - | - | - |
| Invesco India Arbitrage Fund - Growth Option | 30-04-2007 | 7.74 | 7.39 | 6.16 | 5.42 | 5.95 |
| Edelweiss Arbitrage Fund- Regular Plan- Growth Option | 05-06-2014 | 7.73 | 7.17 | 5.94 | 5.35 | 6.08 |
| Union Arbitrage Fund - Regular Plan - Growth Option | 05-02-2019 | 7.73 | 7.02 | 5.66 | 5.11 | - |
| Mirae Asset Arbitrage Fund Regular Growth | 05-06-2020 | 7.69 | 7.05 | 5.72 | - | - |
| SBI Arbitrage Opportunities Fund - Regular Plan - Gr | 03-11-2006 | 7.69 | 7.34 | 6.15 | 5.21 | 5.86 |
Scheme Characteristics
Scheme following arbitrage strategy. Minimum investment in equity & equity related instruments - 65% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
10.62%
Others
-152.94%
Large Cap
159.75%
Mid Cap
52.71%
