ICICI Prudential Equity Arbitrage Direct Growth

ICICI Prudential Equity Arbitrage Direct Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. Kayzad Englim, Manish Banthia is the Current Fund Manager of ICICI Prudential Equity Arbitrage Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹7,33,780 Cr and the Latest NAV as of 24 May 2024 is ₹33.89. The ICICI Prudential Equity Arbitrage Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25% if redeemed within 1 month ;

Investment Objective

The scheme seeks to generate low volatility returns by using arbitrage and other derivative strategies in equity markets and investments in short-term debt portfolio. ;