ICICI Prudential Equity - Arbitrage Fund - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Arbitrage Fund

Fund House : ICICI Prudential Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 24.6605 0.1%
(as on 21st May, 2019)

Crisil Rank

Not Ranked

Rank not available for the fund

Fund Size

: ₹ 8207.65 Cr

(15.99% of Investment in Category)

Expense Ratio

: 0.95%

(0.96% Category average)

Risk-O-Meter

Moderate

(Min ₹1000 for SIP, ₹5000 for one time investment)

Arbitrage Fund :Arbitrage Fund : Fund has 64.31% investment in indian stocks of which 55.73% is in large cap stocks, 6.4% is in mid cap stocks, 2.21% in small cap stocks.Fund has 8.74% investment in Debt of which 0.07% in Government securities, 8.66% in funds invested in very low risk securities..

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This Scheme

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Nifty 50

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NA
0.64%

1.65%

2.98%

5.86%

5.84%

6.64%

6%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

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Annualised Returns

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Returns (NAV as on 21st May, 2019)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	14-May-19	10019.75	0.20%	-	0.17%	3/23
1 Month	18-Apr-19	10066.99	0.67%	-	0.64%	9/23
3 Month	21-Feb-19	10171.80	1.72%	-	1.65%	10/22
6 Month	21-Nov-18	10306.26	3.06%	-	2.98%	8/20
YTD	01-Apr-19	10117.88	1.18%	-	1.10%	7/23
1 Year	21-May-18	10651.10	6.51%	6.51%	5.86%	5/18
2 Year	19-May-17	11268.01	12.68%	6.13%	5.84%	8/17
3 Year	20-May-16	11975.13	19.75%	6.19%	5.93%	5/16
5 Year	21-May-14	13874.64	38.75%	6.76%	6.64%	3/10
10 Year	21-May-09	20313.43	103.13%	7.34%	7.08%	1/8
Since Inception	30-Dec-06	24660.50	146.61%	7.55%	-	-/-

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 21st May,2019)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 year	21-May-18	12000	12417.84	3.48 %	6.53 %
2 years	21-May-17	24000	25587.04	6.61 %	6.30 %
3 years	21-May-16	36000	39532.1	9.81 %	6.18 %
5 years	21-May-14	60000	70386.64	17.31 %	6.33 %
10 years	21-May-09	120000	174456.63	45.38 %	7.27 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 3 years from purchase date, long term capital gain tax will be applicable. Current tax rate is the lower of (a) 10% of profit or (b) 20% of profit adjusted after indexation benefits. Any cess/surcharge is not included.|If sold before 3 years from purchase date, short term capital gain tax will be applicable. Any profit will be clubbed with your income and taxed at your effective tax rate.

Portfolio (Updated on 30th Apr,2019)

Equity Holding : 64.31% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 64.31%

No of Stocks : 94 (Category Avg - 82.26) | Large Cap Investments : 55.73%| Mid Cap Investments : 6.4% | Small Cap Investments : 2.21% | Other : 0%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Cr)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Housing Development Finance Corporation Ltd.	Housing finance	6564.7	8.00%	-1.30%	3.65% (Aug 2018)	3.65% (Aug 2018)	32.91 L	-4.34 L
Reliance Industries Ltd.	Refineries/marketing	4211.8	5.13%	-1.75%	0.01% (Aug 2018)	0% (May 2018)	30.24 L	-9.58 L
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	3009.9	3.67%	0.09%	2.56% (Nov 2018)	2.56% (Nov 2018)	65.77 L	6.86 L
Tata Consultancy Services Ltd.	Computers - software	2728.2	3.32%	0.97%	0.02% (Oct 2018)	0% (May 2018)	12.07 L	2.79 L
Infosys Ltd.	Computers - software	2699.5	3.29%	0.59%	0.34% (May 2018)	0% (May 2018)	35.93 L	7.33 L
Aurobindo Pharma Ltd.	Pharmaceuticals	1973.9	2.40%	-0.11%	1.59% (May 2018)	1.59% (May 2018)	24.10 L	-1.20 L
Tata Steel Ltd.	Steel	1902.5	2.32%	0.20%	0.51% (May 2018)	0.51% (May 2018)	34.14 L	2.06 L
UPL Ltd.	Pesticides and agrochemicals	1864.3	2.27%	-1.34%	2.22% (Jun 2018)	2.22% (Jun 2018)	19.24 L	-0.10 Cr
# HDFC Bank Ltd.	Banks	1819.8	2.22%	0.00%	0.26% (Feb 2019)	0% (May 2018)	7.85 L	7.85 L
Mahindra & Mahindra Ltd.	Passenger/utility vehicles	1808.1	2.20%	-0.10%	1.16% (Sep 2018)	1.16% (Sep 2018)	28.02 L	1.07 L

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

No of Debt Holding 11 (Category Avg - 5.00) | Modified Duration 0.13 Years (Category Avg - 0.33)| Yield to Maturity - -- (Category Avg - 7.37%)

Type of Holdings

Security Type	% Weight	Category Average
GOI	0.07%	0.00%
CD	2.09%	2.52%
T-Bills	0.00%	0.01%
NCD & Bonds	2.17%	2.83%
CP	4.40%	2.33%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	0.07%	0.02%
Low Risk	8.66%	7.37%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
CBLO	CBLO	9.39%
FD - HDFC Bank Ltd.	FD	1.83%
FD - HDFC Bank Ltd.	FD	1.83%
FD - RBL Bank Ltd.	FD	1.83%
FD - RBL Bank Ltd.	FD	1.22%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th April, 2019)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

0.45vs0.44

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

Low volatility

0.03vs0.07

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

-0.38vs-0.35

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Better risk adjusted returns

-0.23vs-0.37

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Reliance Arbitrage Fund - Growth	4	8276.07	0.65	1.76	3.22	6.72	6.39
IDFC Arbitrage Fund - Regular Plan - Growth	4	3625.80	0.67	1.76	3.22	6.61	6.16
Kotak Equity Arbitrage Fund - Growth	4	12574.00	0.68	1.79	3.14	6.58	6.31
UTI Arbitrage Fund - Growth	5	1683.86	0.69	1.73	3.21	6.55	6.22
BNP Paribas Arbitrage Fund - Growth	NA	516.62	0.68	1.78	3.07	6.50	0.00
Edelweiss Arbitrage Fund - Growth	3	3283.01	0.69	1.74	3.18	6.48	6.25
DSP Arbitrage fund - Growth	3	317.99	0.64	1.78	3.26	6.37	0.00
Aditya Birla Sun Life Arbitrage Fund - Regular Plan - Growth	NA	2918.98	0.64	1.71	3.06	6.35	6.09
Axis Arbitrage Fund - Growth	NA	2209.46	0.59	1.60	2.99	6.28	6.15
SBI Arbitrage Opportunities Fund - Growth	2	2564.73	0.74	1.75	3.06	6.20	6.08

Detailed Comparison

More Funds from ICICI Prudential Mutual Fund

Out of 236 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 6 is/are ranked 4 * , 17 is/are ranked 3 * , 6 is/are ranked 2 * , 2 is/are ranked 1 * , and 204 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
ICICI Prudential Liquid Fund - Growth	3	57391.97	0.59	1.79	3.65	7.50	7.11
ICICI Prudential Balanced Advantage Fund - Growth	2	29033.45	0.17	5.32	6.04	7.31	11.08
ICICI Prudential Equity & Debt Fund - Growth	3	26128.61	-0.97	7.63	5.13	7.17	13.55
ICICI Prudential Bluechip Fund - Growth	4	21846.44	-0.63	7.83	6.28	7.50	14.91
ICICI Prudential Bluechip Fund - Institutional Option I - Growth	NA	21846.44	-0.60	7.98	6.70	8.46	16.00
ICICI Prudential Savings Fund - Growth	4	20235.97	0.70	2.12	4.32	8.38	7.75
ICICI Prudential Value Discovery Fund - Growth	2	16502.61	-2.65	6.00	1.71	2.59	9.36
ICICI Prudential Multi-Asset Fund - Growth	3	11198.36	-1.39	6.08	3.59	4.51	13.56
ICICI Prudential Multi-Asset Fund - Institutional - Growth	NA	11198.36	-1.32	6.29	4.06	5.51	14.66
ICICI Prudential Credit Risk Fund - Growth	2	11155.62	0.55	2.14	4.14	7.57	7.75