ICICI Prudential Arbitrage Fund
This scheme hasn’t published a NAV since 17 Jan 2017 — it appears to have been discontinued or merged. Trailing return and risk metrics need recent pricing, so they can’t be computed; only the NAV history and lifetime drawdown are shown below.
NAV history
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.
Not enough Arbitrage Fund peers to rank yet
Volatility not available yet
1.6% expense vs 1.9% category avg
Not enough history for a rolling 3Y view
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Low expense ratio (1.62%) vs the Arbitrage Fund average of 1.85%
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
12 monthly installments of ₹10,000 into ICICI Prudential Arbitrage Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2017part | +0.06% | |
| 2016 | +6.80% | |
| 2015 | +7.70% | |
| 2014part | +1.16% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹32,559Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Explore from here
ICICI Prudential in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Carborundum Universal Ltd. Shareholding Pattern – Promoters, FIIs & DIIs
Value Research · 2h ago
Can Fin Homes Ltd. Shareholding Pattern – Promoters, FIIs & DIIs
Value Research · 2h ago
Castrol India Ltd. Shareholding Pattern – Promoters, FIIs & DIIs
Value Research · 2h ago
ICICI Prudential Mutual Fund Launches ICICI Prudential Life Cycle Fund 2031, ICICI Prudential Life Cycle Fund 2036 And ICICI Prudential Life Cycle Fund 2041
BW Businessworld · 3h ago
ICICI Pru AMC informs about details of shareholders
Investment Guru India · 6h ago
ICICI Prudential MF launches three life-cycle funds with pre-set equity-to-debt shift
CNBC TV18 · 8h ago
NFO Alert: Bank of India Mutual Fund announces launch of value fund
The Economic Times · 9h ago
ICICI Prudential Mutual Fund Launches ICICI Prudential Dynamic Asset Allocation Passive FOF
BW Businessworld · 11h ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Arbitrage funds
Arbitrage funds profit from small price gaps between the cash and futures markets rather than from market direction. Returns are usually modest and cash-like, but they are taxed as equity.
Frequently asked questions
What is the NAV of ICICI Prudential Arbitrage Fund?
The last published NAV of ICICI Prudential Arbitrage Fund was ₹11.81 per unit, on 17 Jan 2017. The scheme has not published a NAV since then — it has likely been merged, wound up or discontinued, so this figure is historical, not a current price.
What is the expense ratio of ICICI Prudential Arbitrage Fund?
ICICI Prudential Arbitrage Fund charges an expense ratio of 1.62% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of ICICI Prudential Arbitrage Fund?
ICICI Prudential Arbitrage Fund's largest holdings are ICICI Prudential Money Market Direct-Growth (15.4%), Bharti Airtel Ltd (4.3%), Reliance Industries Ltd (3.6%), Vodafone Idea Ltd (3.3%) and Axis Bank Ltd (3.0%). Holdings are disclosed monthly and change over time.
How risky is ICICI Prudential Arbitrage Fund?
ICICI Prudential Arbitrage Fund is rated moderately high on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -0.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of ICICI Prudential Arbitrage Fund?
ICICI Prudential Arbitrage Fund is benchmarked against the NIFTY 50 Arbitrage Total Return Index . Its alpha and beta on this page are measured against that index.
Who manages ICICI Prudential Arbitrage Fund?
ICICI Prudential Arbitrage Fund is managed by Ajay Kumar Solanki, Nikhil Kabra, Sharmila D'Silva, Archana Nair and Darshil Dedhia at ICICI Prudential.
How is ICICI Prudential Arbitrage Fund taxed?
ICICI Prudential Arbitrage Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.