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
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