FAQ : ICICI Prudential Equity - Arbitrage - Growth

ICICI Prudential Equity - Arbitrage - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 7.56 5.48 5.22 5.67
Average Rolling Returns(%) 6.34 6.45 6.86 7.08

The Current NAV of ICICI Prudential Equity - Arbitrage - Growth is ₹31.64.

It is better to invest in a fund with a longer track record as ICICI Prudential Equity - Arbitrage - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark Nifty 50 Arbitrage returns, as Funds portfolio is significantly different.

ICICI Prudential Equity - Arbitrage - Growth fund’s expense ratio is 0.89%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of ICICI Prudential Equity - Arbitrage - Growth is currently ₹17,729 Crores.

The Top three stocks are HDFC Bank, Reliance Industries and Adani Enterprises and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 18% and 27% of fund’s portfolio respectively.

Top three sectors of ICICI Prudential Equity - Arbitrage - Growth fund are Others, BFSI and Construction & Infrastructure accounting for 57% 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 Fund is Hybrid - Arbitrage Fund.

Archana Nair and Kaivalya Nadkarni manage the ICICI Prudential Equity - Arbitrage - Growth Fund.

ICICI Prudential Equity - Arbitrage - Growth current PE ratio is 31.81 and PB ratio is 5.10

The asset allocation of ICICI Prudential Equity - Arbitrage - Growth is Stocks : 69.77%, Debt : 17.10% and Gold : 13.17%

The minimum SIP amount for ICICI Prudential Equity - Arbitrage - Growth is ₹100.00 and minimum lumpsum is ₹5000.00

The exit load for ICICI Prudential Equity - Arbitrage - Growth is 0.25% on or before 1 months, Nil after 1 months

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