ICICI Prudential Equity - Arbitrage - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 7.58 | 5.54 | 5.2 | 5.69 |
Average Rolling Returns(%) | 6.36 | 6.44 | 6.84 | 7.07 |
The Current NAV of ICICI Prudential Equity - Arbitrage - Growth - Direct Plan is ₹33.87.
It is better to invest in a fund with a longer track record as ICICI Prudential Equity - Arbitrage - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns likely to be fairly different than its benchmark NIFTY 500 , as Funds portfolio is somewhat different.
ICICI Prudential Equity - Arbitrage - Growth - Direct Plan fund’s expense ratio is 0.30%
The process for redemption is
The AUM of ICICI Prudential Equity - Arbitrage - Growth - Direct Plan is currently ₹19,733 Crores.
The Top three stocks are HDFC Bank, Kotak Mahindra Bank and Reliance Industries and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 17% and 26% of fund’s portfolio respectively.
Top three sectors of ICICI Prudential Equity - Arbitrage - Growth - Direct Plan fund are Others, BFSI and Construction & Infrastructure accounting for 58% of the total portfolio.
Since this is a Hybrid - Arbitrage Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of ICICI Prudential Equity - Arbitrage - Growth - Direct Plan Fund is Hybrid - Arbitrage Fund.
Archana Nair and Kaivalya Nadkarni manage the ICICI Prudential Equity - Arbitrage - Growth - Direct Plan Fund.
ICICI Prudential Equity - Arbitrage - Growth - Direct Plan current PE ratio is 32.74 and PB ratio is 5.45
The asset allocation of ICICI Prudential Equity - Arbitrage - Growth - Direct Plan is Stocks : 74.13%, Debt : 13.97% and Gold : 11.91%
The minimum SIP amount for ICICI Prudential Equity - Arbitrage - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹5000.00
The exit load for ICICI Prudential Equity - Arbitrage - Growth - Direct Plan is 0.25% on or before 1 months, Nil after 1 months