Key metrics
Latest NAV
₹39.66
Day change
0.24%
Volatility
1.0%
Sharpe
0.15
Max drawdown
-0.6%
Expense ratio
0.34%
AUM
₹32,407 Cr
Category rank
14 / 40
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | 0.25% | 0.51% | 1.93% | 3.22% | 6.65% | 7.37% | 6.71% | 6.17% | 6.35% |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
ICICI Prudential Arbitrage Fund is a arbitrage fund offered by ICICI Prudential Mutual Fund, classified under Hybrid as Hybrid Scheme - Arbitrage Fund. Arbitrage funds are generally low-volatility and are taxed as equity funds. Its latest NAV is ₹39.66, with assets under management of about ₹32,407 Cr (April - June 2026).
Performance analysis
Over the trailing one year, ICICI Prudential Arbitrage Fund has recorded a return of about 6.7%, with a three-year return of 7.4% and a five-year return of 6.7%. Its annualised volatility is 1.0% — relatively low fluctuations — and its Sharpe ratio is 0.15, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.34%, deducted daily from the NAV.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 6.32 | 6.60 | 3.32 | 8.60 | 100% | 0% |
| 3Y | 6.17 | 6.23 | 4.46 | 7.78 | 100% | 0% |
| 5Y | 5.91 | 5.83 | 5.40 | 6.74 | 100% | 0% |
| 7Y | 6.13 | 6.17 | 5.88 | 6.29 | 100% | 0% |
| 10Y | 6.36 | 6.37 | 6.32 | 6.41 | 100% | 0% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does ICICI Prudential Arbitrage Fund invest in?
It invests primarily in offsetting cash and derivative positions to capture price differences.
How is this fund classified?
It is a Hybrid Scheme - Arbitrage Fund fund in the Hybrid group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
0.34% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Hybrid Scheme - Arbitrage Fund
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Invesco India Arbitrage Fund Hybrid Scheme - Arbitrage Fund | 0.59 | 1.94 | 3.32 | 6.87 | 7.53 | 7.03 | 6.48 | 0.34 |
| JM Arbitrage Fund Hybrid Scheme - Arbitrage Fund | 0.44 | 1.73 | 2.98 | 6.34 | 7.03 | 6.36 | 5.64 | 0.35 |
| UTI - Arbitrage Fund Hybrid Scheme - Arbitrage Fund | 0.50 | 1.87 | 3.18 | 6.63 | 7.38 | 6.68 | 6.34 | 0.24 |
| HDFC Arbitrage Fund Hybrid Scheme - Arbitrage Fund | 0.54 | 1.88 | 3.22 | 6.64 | 7.36 | 6.64 | 6.15 | – |
| Edelweiss Arbitrage Fund Hybrid Scheme - Arbitrage Fund | 0.49 | 1.89 | 3.27 | 6.70 | 7.47 | 6.87 | 6.54 | 0.33 |
| Axis Arbitrage Fund Hybrid Scheme - Arbitrage Fund | 0.50 | 1.91 | 3.24 | 6.73 | 7.42 | 6.81 | 6.47 | 0.27 |
| PGIM India Arbitrage Fund Hybrid Scheme - Arbitrage Fund | 0.49 | 1.79 | 3.22 | 6.50 | 7.12 | 6.43 | 6.10 | 0.31 |
| DSP Arbitrage fund Hybrid Scheme - Arbitrage Fund | 0.50 | 1.87 | 3.17 | 6.57 | 7.28 | 6.62 | – | 0.30 |
More funds from ICICI Prudential
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Aggressive Hybrid Fund Hybrid Scheme - Aggressive Hybrid Fund | -1.83 | 3.07 | 1.58 | 2.64 | 13.71 | 15.46 | 15.19 | – |
| ICICI Prudential Banking and PSU Debt Fund Income/Debt Oriented Schemes - Banking and PSU Debt Fund | 0.15 | 2.13 | 3.02 | 6.02 | 7.39 | 6.73 | 7.31 | 0.33 |
| ICICI Prudential Income plus Arbitrage Omni FOF Other Scheme - FoF Domestic | 0.28 | 2.18 | 3.38 | 6.54 | 9.29 | 9.75 | 9.35 | 0.06 |
| ICICI Prudential Value Fund Equity Scheme - Value Fund | -2.93 | 1.05 | -3.48 | -2.27 | 12.29 | 15.12 | 14.28 | 0.79 |
| ICICI Prudential Multi Asset Allocation Fund Hybrid Scheme - Multi Asset Allocation Fund | -1.30 | 2.51 | 1.21 | 6.73 | 14.88 | 16.75 | 15.38 | – |
| ICICI Prudential Balanced Advantage Fund Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage | -1.79 | 4.80 | 4.13 | 5.99 | 11.58 | 11.09 | 11.31 | 0.71 |
| ICICI Prudential Mid Cap Fund Equity Scheme - Mid Cap Fund | 0.51 | 4.29 | 10.78 | 18.31 | 21.74 | 18.24 | 17.14 | 0.88 |
| ICICI Prudential Ultra Short to Short Term Fund Income/Debt Oriented Schemes - Ultra Short to Short Term Fund | 0.56 | 2.20 | 3.45 | 6.70 | 7.53 | 6.71 | 7.15 | – |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.