ICICI Prudential Arbitrage Fund Regular IDCW NAV today
AMFI: 104681ISIN: INF109K01EF0MUTF_IN: ICIC_PRUD_ARBI_CLSJYVICICI Prudential Mutual FundArbitrage funds
Formerly ICICI Prudential Equity - Arbitrage Fund
NAV ₹15.5099
NAV for 23 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹35,576 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 2.16%15 Oct 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 22.130 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- LowAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 20630 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 30 Dec 2006
ICICI Prudential Arbitrage Fund returns
Read from the regular plan's growth option: an IDCW plan's NAV falls by every payout, so it carries no return of its own
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | +0.23% | +0.03% | – | – | – |
| 1 month | +0.58% | +0.67% | 24 of 39 | +0.59% | +0.6% to +0.6% |
| 3 months | +1.56% | +1.81% | 12 of 38 | +1.52% | +1.5% to +1.6% |
| 6 months | +3.00% | +3.41% | 11 of 37 | +2.90% | +2.8% to +3.0% |
| 1 year | +6.24% | +7.43% | 7 of 34 | +6.11% | +5.9% to +6.2% |
| 3 years | +6.73% | +7.43% | 5 of 26 | +6.54% | +6.4% to +6.7% |
| 5 years | +6.21% | +6.78% | 5 of 24 | +6.05% | +5.9% to +6.2% |
| 10 years | +5.74% | +5.61% | 6 of 15 | +5.69% | +5.6% to +5.8% |
₹10,000 put in on 1 Jan 2007 is ₹37,064 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: Nifty 50 Arbitrage Index, over the same days as the fund. Rank, median and middle half among the Regular plans of Arbitrage funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | +6.14% | +7.33% |
| 3 years | +6.71% | +7.42% |
| 5 years | +6.14% | +6.69% |
| 10 years | +5.72% | +5.60% |
| Since launch | +6.82% | – |
Benchmark: Nifty 50 Arbitrage Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Regular GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
- Nifty 50 Arbitrage IndexBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer.
Highest year to Dec 2012, +10.1%; lowest year to Dec 2009, +3.7%Above the benchmark in 8 of 15 years
ICICI Prudential Arbitrage Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,23,830₹1,23,824 after stamp duty | +6.24% | +6.23% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,96,385₹3,96,366 after stamp duty | +6.45% | +6.45% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹7,07,402₹7,07,367 after stamp duty | +6.58% | +6.58% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹16,23,120₹16,23,074 after stamp duty | +5.91% | +5.91% | ₹38 | |
| Since Jan 2007238 instalments | ₹23,80,000 | ₹46,97,932₹46,97,886 after stamp duty | +6.41% | +6.41% | ₹38 |
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Rolling returns
Per cent a year, every window from 1 Jan 2007 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year4,628 windows+2.1%+6.7%+11.7%100.0%
3 years4,142 windows+3.9%+6.6%+9.7%100.0%
5 years3,646 windows+4.8%+6.7%+9.1%100.0%
10 years2,418 windows+5.7%+6.7%+7.9%100.0%
Every 1, 3, 5 and 10-year window ended higher than it started.From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
ICICI Prudential Arbitrage Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 0.53 ptsA year, on 15 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 1.63%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 2.16%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.70%, Apr 2026.Direct plan lowest 0.29%, Mar 2024.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.34% | 0.79% |
| Brokerage | 0.12% | 0.12% |
| Transaction costs | 0.05% | 0.05% |
| Statutory levies | 1.12% | 1.20% |
Per cent of assets a year, filed for 15 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
0.25% of the applicable NAV If units purchased or switched in from another scheme of the Fund are redeemed or switched out within 15 days from the date of allotment / NIL If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 15 days from the date of allotmentMoreLess
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹500
- Minimum top-up
- ₹500
- Minimum redemption
- ₹0
- SIP
- Accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Not accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
- SIP minimum
- Daily,Weekly,Fortnightly,Monthly = Rs. 500Quarterly = Rs. 5,000
- SIP instalments, at least
- Daily,Weekly,Fortnightly,Monthly = 6Quarterly = 4
- SIP dates
- Daily = Daily (only business days)Weekly = Anyday (Monday to Friday)*Fortnightly = 1st and 16th day of each month as applicableMonthly = Any day*Quarterly = Any day**In case the date chosen for SIP falls on a Non-Business Day or on a date which is not available in a particular month, the SIP will beprocessed on the immediate next Business Day.
As listed for this plan on 24 Oct 2026.
ICICI Prudential Arbitrage Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹34,615 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 57.2%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
The latest quarter is the largest since the quarter to Jun 2010.
Assets at each month end
The latest month end is the highest since Feb 2019.Lowest ₹7,154 Cr, Mar 2020.
ICICI Prudential Arbitrage Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|---|
| ICICI Prudential Money Market Fund | Fund units | 14.97% | 5,327.21 | 12,79,33,512 | – | Feb 2024 | |
| Reliance IndustriesPetroleum Products | Shares | Large cap1st | 4.44% | 1,580.67 | 1,33,16,500 | – | Aug 2018 |
| HDFC BankBanks | Shares | Large cap2nd | 3.36% | 1,196.00 | 1,68,75,950 | – | Nov 2021 |
| Vodafone IdeaTelecom - Services | Shares | Large cap83rd | 2.99% | 1,063.33 | 82,11,04,800 | – | Sep 2023 |
| Axis BankBanks | Shares | Large cap15th | 2.94% | 1,047.16 | 85,41,250 | – | Jul 2023 |
| State Bank of IndiaBanks | Shares | Large cap4th | 2.35% | 834.41 | 86,96,250 | – | Jan 2023 |
| Bharti AirtelTelecom - Services | Shares | Large cap3rd | 2.04% | 724.83 | 41,25,375 | – | Dec 2023 |
| Union Bank Of IndiaICRA A1+, repaid 10 Feb 2027 | Bonds and bills | 1.92% | 683.34 | 14,000 | 6.74% | Sep 2026 | |
| Union Bank Of IndiaICRA A1+, repaid 18 Feb 2027 | Bonds and bills | 1.78% | 633.62 | 13,000 | 6.74% | Mar 2026 | |
| Coal IndiaConsumable Fuels | Shares | Large cap30th | 1.65% | 586.83 | 1,38,07,800 | – | Jun 2026 |
| Bajaj FinanceFinance | Shares | Large cap7th | 1.63% | 580.10 | 60,46,500 | – | Mar 2021 |
| Power Finance CorporationFinance | Shares | Large cap68th | 1.51% | 535.83 | 1,64,61,900 | – | Aug 2023 |
| Tata SteelFerrous Metals | Shares | Large cap36th | 1.47% | 523.20 | 2,83,88,250 | – | Jul 2020 |
| HDFC Bank Ltd.CRISIL A1+, repaid 15 Feb 2027 | Bonds and bills | 1.37% | 487.58 | 10,000 | 6.79% | Mar 2026 | |
| APL Apollo TubesIndustrial Products | Shares | Mid cap190th | 1.37% | 486.44 | 22,21,100 | – | Dec 2024 |
Weight is per cent of the fund's net assets; value in ₹ crore. 14 lines filed with no weight are listed without one.
Futures and options on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | |||
|---|---|---|---|
| Reliance Industries Ltd. $$ | −4.46% | −1,587.90 | −1,33,16,500 |
| HDFC Bank Ltd. $$ | −3.39% | −1,207.73 | −1,68,71,400 |
| Vodafone Idea Ltd. $$ | −3.00% | −1,066.01 | −82,11,04,800 |
| Axis Bank Ltd. $$ | −2.95% | −1,048.74 | −85,41,250 |
| State Bank Of India $$ | −2.36% | −841.26 | −86,96,250 |
| Bharti Airtel Ltd. $$ | −2.04% | −727.49 | −41,17,300 |
| Coal India Ltd. $$ | −1.65% | −588.38 | −1,38,07,800 |
| Bajaj Finance Ltd. $$ | −1.64% | −584.26 | −60,46,500 |
| Power Finance Corporation Ltd. $$ | −1.52% | −540.86 | −1,64,61,900 |
| Tata Steel Ltd. $$ | −1.49% | −528.36 | −2,83,88,250 |
| APL Apollo Tubes Ltd. $$ | −1.37% | −489.08 | −22,18,650 |
| Bharat Heavy Electricals Ltd. $$ | −1.35% | −480.46 | −1,15,63,125 |
| Adani Energy Solutions Ltd. $$ | −1.32% | −470.74 | −35,54,550 |
| Cummins India Ltd. $$ | −1.26% | −448.33 | −9,34,400 |
| Canara Bank $$ | −1.24% | −441.85 | −3,66,66,000 |
Weight is per cent of the fund's net assets; value in ₹ crore. 14 lines filed with no weight are listed without one.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| TREPS | 1.47% | 521.89 |
| Net Current Assets | 0.54% | 193.15 |
Weight is per cent of the fund's net assets; value in ₹ crore. 14 lines filed with no weight are listed without one.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 14.97%ICICI Prudential Money Market Fund
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 28.71%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 38.45%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out.
- 24.38%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 28.7Taken over 97.96% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares71.11%
- Bonds and bills11.87%
- Units of other funds14.97%
- Cash and receivables2.01%
- Futures and options, netFutures and options, net. The value of the shares or bonds the fund's contracts are written on, as a share of its net assets, a sold contract counted as a minus: a hedged fund's sold futures offset the shares it holds.−71.35%
- Futures and options, grossFutures and options, gross. The value the fund's contracts are written on, as a share of its net assets, counting each contract as a plus whichever way it faces.71.35%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap76.19%Category 75.59%
- Mid cap20.65%Category 19.51%
- Small cap3.15%Category 4.90%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Category is the average of 40 Arbitrage funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.3sectors
- Metals & Mining0.34%Category 0.39%
- Services0.01%Category 0.09%
- Chemicals0.00%Category 0.08%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 40 Arbitrage funds. Category average. The sector's weight, less the futures sold on it, averaged over the 40 Arbitrage funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Metals & Mining10 companies | 0.34% | −0.01% | −0.02% | −0.02% | −0.04% | −0.02% | −0.02% | −0.02% | −0.01% | −0.02% | 0.06% | 0.14% | |
| Services5 companies | 0.01% | −0.02% | 0.00% | −0.01% | 0.00% | 0.00% | 0.46% | 0.00% | 0.34% | 0.46% | −0.01% | 0.39% | |
| Chemicals4 companies | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Textiles1 company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Construction3 companies | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Construction Materials3 companies | 0.00% | −0.01% | 0.00% | −0.01% | −0.02% | −0.01% | 0.00% | −0.01% | 0.00% | −0.01% | 0.01% | −0.01% | |
| Realty6 companies | 0.00% | 0.01% | 0.00% | −0.01% | −0.02% | −0.01% | 0.31% | 0.00% | 0.17% | 0.33% | 0.01% | −0.01% | |
| Consumer Durables8 companies | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | −0.01% | 0.00% | −0.01% | 0.00% | 0.00% | −0.01% | −0.01% | |
| Automobile And Auto Components13 companies | 0.00% | 0.40% | 0.18% | 0.39% | 0.50% | −0.01% | 0.06% | −0.02% | −0.02% | −0.02% | 0.01% | −0.01% | |
| Fast Moving Consumer Goods13 companies | 0.00% | −0.07% | 0.00% | −0.01% | −0.02% | −0.01% | −0.01% | −0.02% | −0.01% | −0.02% | −0.01% | −0.03% | |
| Power7 companies | −0.01% | −0.08% | −0.01% | −0.02% | −0.03% | −0.01% | −0.01% | −0.01% | 0.02% | −0.01% | −0.02% | 0.00% | |
| Consumer Services8 companies | −0.01% | 0.02% | −0.01% | 1.36% | 0.04% | 0.00% | −0.01% | −0.01% | −0.01% | −0.01% | −0.02% | 0.11% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each.
- 6.81%Lines stating a yield: 89.00% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 4.65%Regular plan
- Macaulay durationMacaulay duration. The weighted average time, in years, until the fund's bonds pay back their interest and principal.
- 16days
- Modified durationModified duration. Roughly how much the bonds' value changes, in per cent, for each one point change in interest rates.
- 15days
- Average maturityAverage maturity. The weighted average time, in years, until the fund's bonds are repaid.
- 16days
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over.
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window.
- None
The bond book is the fund's bonds, bills and overnight lending.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared.Loans of under a year
- A1+11.87%
Other
- Overnight lending1.47%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off.- Up to 1 month1.47%
- 1 to 3 monthsNone
- 3 to 6 months11.87%
- 6 to 12 monthsNone
- 1 to 3 yearsNone
- 3 to 5 yearsNone
- 5 to 10 yearsNone
- Over 10 yearsNone
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
- Largest borrowerLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 4.25%Union Bank of India
- Top 5 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 7.82%
- Top 10 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 8.64%
Per cent of the fund's net assets. Lent outside the government: 11.87% of the fund, to 8 borrowers; the borrower is named for 72.84% of it, its group for 38.14%.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 204.49% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 191.98% of the fund before
- MaturedMatured. Bonds and deposits whose repayment date fell between the two portfolios, so they were repaid rather than sold. One sold in its last days reads the same.
- 1
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 158
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 161
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 35
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 1.98%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 24.65%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| Union Bank Of India | New | 1.92% | 0.00% | +1.92 pts | +14,000 |
| Bharti Airtel | Trimmed | 2.04% | 3.89% | −1.85 pts | −33,59,200 |
| Bharat Electronics | Trimmed | 0.89% | 1.88% | −0.99 pts | −76,65,075 |
| Power Finance Corporation | Added | 1.51% | 0.65% | +0.85 pts | +96,75,900 |
| Axis Bank | Trimmed | 2.94% | 3.58% | −0.63 pts | −10,46,250 |
| NTPC | Trimmed | 0.37% | 0.95% | −0.59 pts | −60,97,500 |
| APL Apollo Tubes | Added | 1.37% | 0.82% | +0.55 pts | +9,35,900 |
| Divi's Laboratories | Added | 0.75% | 0.20% | +0.55 pts | +2,12,100 |
| Adani Energy Solutions | Added | 1.31% | 0.78% | +0.54 pts | +16,49,025 |
| Bajaj Finance | Added | 1.63% | 1.12% | +0.51 pts | +23,46,000 |
| Vodafone Idea | Trimmed | 2.99% | 3.49% | −0.50 pts | −2,78,03,775 |
| Cummins India | Added | 1.25% | 0.77% | +0.48 pts | +4,11,400 |
| KEI Industries | New | 0.47% | 0.00% | +0.47 pts | +3,72,050 |
| Varun Beverages | Added | 0.91% | 0.46% | +0.46 pts | +35,41,950 |
| Reliance Industries | Added | 4.44% | 4.02% | +0.42 pts | +23,47,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points. Securities only: 174 futures, options and cash lines that changed are not listed.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Money Market Fund | 15.62% | 15.49% | 15.72% | 15.45% | 15.54% | 16.41% | 16.02% | 16.06% | 15.68% | 15.41% | 15.21% | 14.97% |
 Reliance Industries | 3.86%Cut | 2.75%Cut | 1.85%Cut | 2.47%Added | 1.86%Cut | 1.24%Cut | 2.55%Added | 3.50%Added | 3.98%Added | 3.61%Cut | 4.02%Added | 4.44%Added |
 HDFC Bank | 4.77%Cut | 4.42%Cut | 5.19%Added | 5.11%Added | 5.33%Added | 5.43%Added | 3.50%Cut | 3.90%Added | 3.83%Cut | 2.35%Cut | 3.27%Added | 3.36%Added |
 Vodafone Idea | 1.03%Added | 1.41%Added | 2.18%Added | 2.69%Added | 3.19%Added | 2.37%Cut | 2.71%Cut | 3.70%Cut | 3.84%Added | 3.28%Cut | 3.49%Cut | 2.99%Cut |
 Axis Bank | 1.82%Cut | 2.53%Added | 2.97%Added | 2.33%Cut | 1.47%Cut | 1.88%Added | 0.88%Cut | 0.99%Added | 1.25%Added | 3.05%Added | 3.58%Added | 2.94%Cut |
 State Bank of India | 1.12%Cut | 0.83%Cut | 0.89%Added | 0.35%Cut | 0.36%Cut | 2.02%Added | 3.27%Added | 2.95%Cut | 1.24%Cut | 1.75%Added | 1.96%Added | 2.35%Added |
 Bharti Airtel | 3.30%Cut | 2.05%Cut | 1.78%Cut | 2.26%Added | 3.13%Added | 5.40%Added | 5.85%Added | 5.15%Cut | 3.96%Cut | 4.31%Added | 3.89%Added | 2.04%Cut |
| Union Bank Of India | – | – | – | – | – | – | – | – | – | – | – | 1.92%Bought |
| Union Bank Of India | – | – | – | – | – | 2.10%Bought | 2.05% | 1.91%Cut | 1.86% | 1.83% | 1.81% | 1.78% |
 Coal India | 0.68%Cut | 0.57%Cut | 0.36%Cut | 0.51%Added | 0.35%Cut | 0.01%Cut | 0.01%Added | Sold out | 0.72%Bought again | 1.20%Added | 1.60%Added | 1.65%Cut |
 Bajaj Finance | 0.25%Cut | 0.55%Added | 0.81%Added | 1.12%Added | 0.34%Cut | 0.45%Added | 0.49%Cut | 0.32%Cut | 1.12%Added | 0.62%Cut | 1.12%Added | 1.63%Added |
 Power Finance Corporation | 0.43%Added | 0.41%Added | 0.39%Cut | 0.39%Cut | 0.61%Added | 0.45%Cut | 0.27%Cut | 0.21%Cut | 0.45%Added | 0.57%Added | 0.65%Added | 1.51%Added |
 Tata Steel | 0.56%Added | 0.69%Added | 0.86%Added | 0.85%Cut | 0.67%Cut | 0.29%Cut | 0.44%Added | 0.60%Added | 0.58%Added | 0.79%Added | 1.55%Added | 1.47%Cut |
 APL Apollo Tubes | 0.31%Added | 0.27%Cut | 0.41%Added | 0.49%Added | 0.37%Cut | 0.18%Cut | 0.57%Added | 0.51%Cut | 0.53%Added | 0.49%Cut | 0.82%Added | 1.37%Added |
| HDFC Bank Ltd. | – | – | – | – | – | 1.50%Bought | 1.46% | 1.47% | 1.43% | 1.41% | 1.39% | 1.37% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap. The 68 holdings no longer held, sold or repaid within these months, are not listed.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 1,228.0% in Sep 2026
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Regular plans of Arbitrage funds (26 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.0.53%
0.43%Lowest0.52%Average0.71%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.No losing month
0.00%Lowest0.01%Average0.12%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.1.22
−1.07Lowest0.80Average1.39Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.2.14
−1.21Lowest1.38Average2.51Highest
From the Regular Growth plan's NAV, since an IDCW plan's NAV falls by each payout.
Against Nifty 50 Arbitrage Index
BetaBeta. How much the fund's monthly return moved for each 1% move in its benchmark: 1 moves with it, below 1 moves less.0.68
0.51Lowest0.62Average0.89Highest
AlphaAlpha. The yearly return the fund made beyond what its beta to the benchmark accounts for.−0.28 pts
−1.20 ptsLowest−0.43 ptsAverage−0.09 ptsHighest
R-squaredR-squared. The share of the fund's monthly movement that its benchmark's movement explains, from 0 to 100.60.9
29.5Lowest53.0Average68.8Highest
CorrelationCorrelation. How closely the fund's monthly returns moved in step with its benchmark's, from minus 1 (always opposite) to 1 (always together).0.78
0.54Lowest0.73Average0.83Highest
Upside captureUpside capture. The fund's return in the months its benchmark rose, as a percentage of the benchmark's return in those months.90.7%
75.6%Lowest87.7%Average92.0%Highest
Downside captureDownside capture. The fund's return in the months its benchmark fell, as a percentage of the benchmark's fall in those months.Needs 6 falling months
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1, 3 and 5 years | −0.44% | 3 Aug 2026 | 6 Aug 2026 | 24 Aug 2026 |
| 10 years | −0.61% | 29 May 2020 | 3 Jun 2020 | 8 Sep 2020 |
| Since Jan 2007 | −1.19% | 26 Nov 2009 | 4 Jan 2010 | 15 Apr 2010 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Oct 2021 to Aug 202659 months | Low | LowNifty 50 Arbitrage Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
ICICI Prudential Arbitrage Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Archana NairComanage | Feb 2024 | +6.62%a year | – | – | 41.2% | 31.3% | 2 | ₹50,481 Cr |
| Nikhil KabraComanage | Dec 2020this role since Jan 2021 | +5.88%a year | – | – | 33.5% | 30.2% | 9 | ₹1,86,351 Cr |
| Ajaykumar SolankiComanage | Aug 2024 | +6.34%a year | – | – | 29.5% | 26.8% | 26 | ₹1,84,839 Cr |
| Darshil DedhiaComanage | Sep 2024 | +6.32%a year | – | – | 23.2% | 24.9% | 18 | ₹1,30,618 Cr |
Returns are the regular plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| ICICI Prudential Equity Savings FundArchana Nair | Feb 2024 | +5.80%a year | – | – | ₹14,905 Cr |
| ICICI Prudential Liquid FundNikhil Kabra | Dec 2023 | +6.80%a year | – | – | ₹55,340 Cr |
| ICICI Prudential Money Market FundNikhil Kabra | Aug 2016 | +6.58%a year | – | – | ₹31,010 Cr |
| ICICI Prudential Short Term FundNikhil Kabra | Dec 2020 | +6.05%a year | – | – | ₹18,890 Cr |
| ICICI Prudential Ultra Short to Short Term FundNikhil Kabra | Sep 2024 | +6.97%a year | – | – | ₹18,781 Cr |
| ICICI Prudential Dynamic Term FundNikhil Kabra | Jan 2024 | +6.37%a year | – | – | ₹12,863 Cr |
| ICICI Prudential Overnight FundNikhil Kabra | Sep 2024 | +5.63%a year | – | – | ₹12,280 Cr |
| ICICI Prudential BSE Liquid Rate ETFNikhil Kabra | Jan 2021 | – | – | – | ₹1,071 Cr |
| ICICI Prudential Crisil-IBX Financial Services 3-6 Months Debt Index FundNikhil Kabra | Mar 2025 | +6.95%a year | – | – | ₹539 Cr |
| ICICI Prudential Nifty 50 ETFAjaykumar Solanki | Feb 2024 | +3.64%a year | +3.68% | −0.04 pts | ₹42,735 Cr |
Up to ten funds a manager, largest first. Returns are the regular plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| SBI Arbitrage FundSBI Mutual Fund | 55.91% | 166 |
| Invesco India Arbitrage FundInvesco Mutual Fund | 54.58% | 168 |
| Bandhan Arbitrage FundBandhan Mutual Fund | 51.81% | 150 |
| DSP Arbitrage FundDSP Mutual Fund | 50.92% | 149 |
| Kotak Arbitrage FundKotak Mahindra Mutual Fund | 50.62% | 165 |
| Axis Arbitrage FundAxis Mutual Fund | 50.41% | 147 |
| Nippon India Arbitrage FundNippon India Mutual Fund | 49.87% | 151 |
| Aditya Birla Sun Life Arbitrage FundAditya Birla Sun Life Mutual Fund | 49.40% | 169 |
| Tata Arbitrage FundTata Mutual Fund | 48.74% | 142 |
| HDFC Arbitrage FundHDFC Mutual Fund | 48.25% | 150 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| ICICI Prudential Equity Savings FundICICI Prudential Mutual Fund | 40.91% |
| ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund | 29.66% |
| ICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual Fund | 26.43% |
| ICICI Prudential Aggressive Hybrid FundICICI Prudential Mutual Fund | 25.12% |
| ICICI Prudential Balanced Hybrid FundICICI Prudential Mutual Fund | 9.73% |
| ICICI Prudential Conservative Hybrid FundICICI Prudential Mutual Fund | 8.79% |
As the fund house states it, for Sep 2026.
ICICI Prudential Arbitrage Fund dividend history
IDCW (income distribution cum capital withdrawal), once called a dividend: rupees per unit, paid to holders on the record date and taken out of the NAV.Every fund's payouts
Paid per unit, the latest payouts
- Paid per unitIDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount.
Largest ₹0.05 a unit, Oct 2026.
Every payout
| IDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount. | IDCW yield. A payout as a share of the plan's NAV on the record date, before the NAV fell by the amount paid. | NAV before | NAV after | |
|---|---|---|---|---|
| 5 Oct 2026 | ₹0.05 | 0.32% | ₹15.4990 | ₹15.4543 |
| 1 Sep 2026 | ₹0.05 | 0.32% | ₹15.4981 | ₹15.4262 |
| 3 Aug 2026 | ₹0.05 | 0.32% | ₹15.5115 | ₹15.4405 |
| 6 Jul 2026 | ₹0.05 | 0.32% | ₹15.4318 | ₹15.3873 |
| 8 Jun 2026 | ₹0.05 | 0.32% | ₹15.3963 | ₹15.3233 |
| 5 May 2026 | ₹0.05 | 0.33% | ₹15.3596 | ₹15.2948 |
| 9 Apr 2026 | ₹0.05 | 0.33% | ₹15.3578 | ₹15.3179 |
| 10 Mar 2026 | ₹0.05 | 0.33% | ₹15.3196 | ₹15.2960 |
| 2 Feb 2026 | ₹0.05 | 0.33% | ₹15.2951 | ₹15.2516 |
| 5 Jan 2026 | ₹0.05 | 0.33% | ₹15.2772 | ₹15.2251 |
| 1 Dec 2025 | ₹0.05 | 0.33% | ₹15.2297 | ₹15.1750 |
| 4 Nov 2025 | ₹0.05 | 0.33% | ₹15.2178 | ₹15.1669 |
The latest 120 of 139 payouts since 24 Apr 2009.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
To generate low volatility returns by using arbitrage & other derivative strategies in equity markets and investments in permitted debt instruments. / However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Asset allocation
- Under normal circumstances, the asset allocation of the Scheme will be as follows:
- Equity & Equity related securities - 65% – 90%
- Debt Instruments such as CDs, government securities with maturities up to 1 year, TREPS/ Repo in government securities, Mutual Fund units of liquid, money market or schemes having Macaulay Duration less than 1 year - 10% – 35%
- In defensive circumstances, the asset allocation of the Scheme will be as follows:
- Equity & Equity related securities - 0 -65%
- Debt Instruments such as CDs, government securities with maturities up to 1 year, TREPS/ Repo in government securities, Mutual Fund units of liquid, money market or schemes having Macaulay Duration less than 1 year - 35% - 100%
Type of scheme
Open Ended
- Stated category
- Hybrid - Arbitrage Fund
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- Nifty 50 Arbitrage Index
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Low
- New fund offer
- 8 Nov 2006 to 7 Dec 2006
- Units first allotted
- 30 Dec 2006
- Open for sale again
- 5 Jan 2007
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 120364 | INF109K016O4 | ICIC_PRUD_ARBI_RUZ3MY | 8 Jan 2013 | |
| Regular Growth | 104683 | INF109K01BF6 | ICIC_PRUD_ARBI_DZLDD8 | 1 Jan 2007 | |
| Direct IDCW | 120365 | INF109K017O2 | INF109K015O6 | ICIC_PRUD_ARBI_1YXJDV3 | 8 Jan 2013 |
| Regular IDCW | 104681 | INF109K01EF0 | INF109K01BE9 | ICIC_PRUD_ARBI_CLSJYV | 1 Jan 2007 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- Complete Factsheet September 2026ICICI Prudential Mutual Fund, Sep 2026
Statement of additional information
- SAI ICICI Prudential Mutual FundICICI Prudential Mutual Fund, Oct 2026
Annual report
- ICICI Prudential Aggressive Hybrid Active FOFICICI Prudential Mutual Fund, Mar 2026
- ICICI Prudential All Seasons Bond FundICICI Prudential Mutual Fund, Mar 2026
- ICICI Prudential Banking and Financial Services FundICICI Prudential Mutual Fund, Mar 2026
- ICICI Prudential Banking and PSU Debt FundICICI Prudential Mutual Fund, Mar 2026
Riskometer disclosure
- Annual Disclosure of Scheme Riskometer FY 2025-26ICICI Prudential Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap September 2026ICICI Prudential Mutual Fund, Sep 2026