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

: ₹ 28.1391 0%
(as on 08th August, 2022)

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Crisil Rank

Above average performance among peers

Fund Size

: ₹ 13399.83 Cr

(12.17% of Investment in Category)

Expense Ratio

: 0.98%

(1.03% Category average)

Risk-O-Meter

Low

Arbitrage Fund :Arbitrage Fund : The fund has 64.81% investment in domestic equities of which 48.57% is in Large Cap stocks, 11.94% is in Mid Cap stocks, 1.99% in Small Cap stocks.The fund has 27.37% investment in Debt, of which 16.85% in Government securities, 10.53% is in Low Risk securities.

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This Scheme

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Nifty 50

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NA
0.15%

0.65%

1.45%

3%

3.31%

4.59%

5.27%

NA
Gold

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Returns Calculator
SIP Calculator
VIP (Value Avg)

Amount

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Profit/Loss

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Annualised Returns

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Returns (NAV as on 08th August, 2022)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	01-Aug-22	10006.10	0.06%	-	0.00%	17/24
1 Month	08-Jul-22	10016.80	0.17%	-	0.15%	11/25
3 Month	06-May-22	10070.80	0.71%	-	0.65%	15/25
6 Month	08-Feb-22	10150.40	1.50%	-	1.45%	10/25
YTD	31-Dec-21	10192.30	1.92%	-	1.84%	12/25
1 Year	06-Aug-21	10329.30	3.29%	3.28%	3.00%	7/25
2 Year	07-Aug-20	10739.60	7.40%	3.63%	3.31%	8/24
3 Year	08-Aug-19	11251.30	12.51%	4.00%	3.72%	11/22
5 Year	08-Aug-17	12689.10	26.89%	4.88%	4.59%	8/17
10 Year	08-Aug-12	18598.20	85.98%	6.40%	6.16%	2/10
Since Inception	30-Dec-06	28139.10	181.39%	6.85%	5.27%	2/25

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 08th August, 2022)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	06-Aug-21	12000	12206.87	1.72 %	3.2 %
2 Year	07-Aug-20	24000	24882.3	3.68 %	3.51 %
3 Year	08-Aug-19	36000	38063.11	5.73 %	3.65 %
5 Year	08-Aug-17	60000	66887.46	11.48 %	4.29 %
10 Year	08-Aug-12	120000	158177.16	31.81 %	5.39 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.|If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Portfolio (Updated on 30th Jun,2022)

Portfolio Turnover Ratio : 126.00% | Category average turnover ratio is 1778.37%

Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 64.81% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 64.81%

No of Stocks : 147 (Category Avg - 120.16) | Large Cap Investments : 48.57%| Mid Cap Investments : 11.94% | Small Cap Investments : 1.99% | Other : 2.34%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
Reliance Industries Ltd.	Refineries/marketing	6485.2	4.84%	0.52%	4.84% (Jun 2022)	1.51% (Nov 2021)	24.99 L	1.33 L
Adani Ports And Special Economic Zone Ltd.	Port	3684.5	2.75%	-0.07%	3.57% (Apr 2022)	2.31% (Jul 2021)	54.83 L	0.00
Adani Enterprises Ltd.	Trading	3197.6	2.39%	0.19%	2.39% (Jun 2022)	1.35% (Jul 2021)	14.60 L	0.00
- Axis Bank Ltd.	Banks	2655.5	1.98%	0.00%	2.13% (Mar 2022)	0.64% (Oct 2021)	41.70 L	0.00
Maruti Suzuki India Ltd.	Passenger/utility vehicles	2481.1	1.85%	0.59%	1.85% (Jun 2022)	0% (Jul 2021)	2.93 L	65.60 k
ICICI Bank Ltd.	Banks	2278.3	1.70%	0.06%	2.86% (Aug 2021)	0.44% (Mar 2022)	32.22 L	72.88 k
Tech Mahindra Ltd.	Software -telecom	2163.6	1.61%	-0.07%	1.68% (May 2022)	0.54% (Aug 2021)	21.64 L	1.13 L
Housing Development Finance Corporation Ltd.	Housing finance	2082.7	1.55%	0.18%	2.29% (Jul 2021)	0.54% (Nov 2021)	9.59 L	99.00 k
HCL Technologies Limited	Computers - software	2082.7	1.55%	-0.16%	1.79% (Apr 2022)	0.95% (Jul 2021)	21.40 L	-2.39 L
Larsen & Toubro Ltd.	Engineering, designing, construction	2026	1.51%	-0.19%	1.7% (May 2022)	0.3% (Nov 2021)	13.00 L	-1.80 L

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

Detailed Portfolio Analysis

No of Debt Holding 16 (Category Avg - 9.04) | Modified Duration 0.20 Years (Category Avg - 0.31)| Yield to Maturity 5.17% (Category Avg - 5.25%)

Type of Holdings

Security Type	% Weight	Category Average
GOI	0.00%	2.40%
CD	2.58%	1.07%
T-Bills	16.85%	9.77%
CP	7.95%	2.13%
NCD & Bonds	0.00%	0.75%
PTC	0.00%	0.03%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	16.85%	12.17%
Low Risk	10.53%	3.98%
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 (%)
TREPS	TREPS	4.67%
Net Receivables	Net Receivables	4.50%
Margin	Margin	0.44%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th July, 2022)

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

1.08vs0.99

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.

High volatility

0.58vs0.41

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.

Better risk adjusted returns

-0.86vs-1.04

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. 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 beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

-0.02vs0.13

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

-0.15vs-0.55

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Invesco India Arbitrage Fund - Growth	5	1094.64	0.26	0.91	2.05	3.81	4.14
SBI Arbitrage Opportunities Fund - Regular Plan - Growth	5	8374.80	0.18	0.77	1.75	3.79	3.82
Axis Arbitrage Fund - Growth	NA	5303.09	0.12	0.63	1.64	3.67	4.01
Kotak Equity Arbitrage Fund - Growth	4	25788.79	0.19	0.77	1.75	3.59	4.16
Edelweiss Arbitrage Fund - Growth	4	6992.80	0.18	0.72	1.65	3.50	4.16
Nippon India Arbitrage Fund - Growth	4	10809.24	0.18	0.68	1.55	3.37	4.03
UTI Arbitrage Fund - Growth	3	5261.27	0.16	0.68	1.52	3.22	4.04
Aditya Birla Sun Life Arbitrage Fund - Regular Plan - Growth	3	7725.28	0.17	0.70	1.54	3.20	3.99
LIC MF Arbitrage Fund - Growth	2	29.82	0.16	0.68	1.51	3.17	3.56
IDFC Arbitrage Fund - Regular Plan - Growth	3	4436.39	0.17	0.68	1.48	3.12	3.71

Detailed Comparison

More Funds from ICICI Prudential Mutual Fund

Out of 132 mutual fund schemes offered by this AMC, 7 is/are ranked 5 * , 9 is/are ranked 4 * , 14 is/are ranked 3 * , 6 is/are ranked 2 * , 3 is/are ranked 1 * , and 93 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	2	43501.98	0.39	1.17	2.01	3.69	4.02
ICICI Prudential Balanced Advantage Fund - Growth	2	40063.80	3.31	4.86	3.17	8.47	13.12
ICICI Prudential Bluechip Fund - Growth	5	29981.07	6.56	7.42	-0.20	9.54	17.68
ICICI Prudential Value Discovery Fund - Growth	4	23053.47	6.81	4.62	1.11	15.13	23.74
ICICI Prudential Savings Fund - Growth	1	21429.65	0.48	0.48	0.99	2.63	5.57
ICICI Prudential Equity & Debt Fund - Growth	5	18586.87	5.49	3.56	1.40	16.62	21.01
ICICI Prudential Asset Allocator Fund (FOF) - Growth	NA	16031.35	2.53	2.91	2.94	7.02	13.21
ICICI Prudential Short Term Fund - Growth	5	15492.50	0.73	1.72	1.83	3.49	6.47
ICICI Prudential Corporate Bond Fund - Growth	5	15110.05	0.50	1.32	1.61	3.37	6.40
ICICI Prudential Overnight Fund - Regular Plan - Growth	NA	13780.90	0.42	1.11	1.94	3.57	3.54