Business News›Mutual Funds›ICICI Prudential Mutual Fund › ICICI Prudential Income Plus Arbitrage Active FoF- Growth
ICICI Prudential Income Plus Arbitrage Active FoF-...
Unrated
NAV as of Sep 05, 2025
63.040.06%
- Growth - Regular
(Earn upto 0.25% Extra Returns with Direct Plan)
Fund Category:
Debt: Others
Expense Ratio:
0.28%(0.37% Category
average)Fund Size:
Rs. 1,387.47 Cr(7.64% of Investment in Category)
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ICICI Prudential Income Plus Arbitrage Active FoF- Growt...
Unrated
NAV as of Sep 05, 2025
63.040.06%
Expense Ratio:
0.28%
Fund Size:
Rs. 1,387.47 Cr
Fund Category:
Debt: Others
ICICI Prudential Income Plus Arbitrage Active FoF- Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the ICICI Prudential Income Plus Arbitrage Active FoF as of Sep 05, 2025 is Rs 63.04 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 5.56% (1yr), 11.49% (3yr), 10.96% (5yr) and 8.84% (since launch). Whereas, Category returns for the same time duration are: 9.51% (1yr), 0.0% (3yr) and 0.0% (5yr).
3. Fund Size: The ICICI Prudential Income Plus Arbitrage Active FoF currently holds Assets under Management worth of Rs 1387.47 crore as on Jul 31, 2025.
4. Expense ratio: The expense ratio of the fund is 0.28% for Regular plan as on Aug 30, 2025.
5. Exit Load: ICICI Prudential Income Plus Arbitrage Active FoF shall attract an Exit Load, "Exit load of 1% if redeemed within 12 months."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 1000.
1. Current NAV: The Current Net Asset Value of the ICICI Prudential Income Plus Arbitrage Active FoF as of Sep 05, 2025 is Rs 63.04 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 5.56% (1yr), 11.49% (3yr), 10.96% (5yr) and 8.84% (since launch). Whereas, Category returns for the same time duration are: 9.51% (1yr), 0.0% (3yr) and 0.0% (5yr).
3. Fund Size: The ICICI Prudential Income Plus Arbitrage Active FoF currently holds Assets under Management worth of Rs 1387.47 crore as on Jul 31, 2025.
4. Expense ratio: The expense ratio of the fund is 0.28% for Regular plan as on Aug 30, 2025.
5. Exit Load: ICICI Prudential Income Plus Arbitrage Active FoF shall attract an Exit Load, "Exit load of 1% if redeemed within 12 months."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 1000.
ICICI Prudential Income Plus Arbitrage Active FoF- Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.27 1.32 4.65 5.56 11.49 10.96 Category Avg 0.43 2.26 4.61 8.78 - - Rank within Category 7 6 - - - - No. of funds within Category 23 17 9 5 - - - Loading...
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Return Comparison
- This Fund
- BenchmarkKotak Income Plus Arbitrage Omni FoF Reg-G
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ICICI Prudential Income Plus Arbitrage Active FoF- Growth Fund Details
Investment Objective - The scheme seeks to invest in Debt oriented schemes and Arbitrage schemes in order to generate regular income.
| Fund House | ICICI Prudential Mutual Fund |
| Launch Date | Dec 18, 2003 |
| Benchmark | NIFTY 50 Hybrid Composite Debt 15:85 Conservative Index |
| Return Since Launch | 8.84% |
| Riskometer | Moderate |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
ICICI Prudential Income Plus Arbitrage Active FoF- Growth Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | 500.00 |
| Minimum SIP Investment (Rs.) | 1,000.00 |
| Minimum Withdrawal (Rs.) | 1.00 |
| Exit Load Exit load of 1% if redeemed within 12 months. | |
Portfolio Allocation
Portfolio Aggregates
| Fund | 1Y High | 1Y Low | Category | |
|---|---|---|---|---|
| Modified Duration(Yrs) | 1.09 | 7.19 | 1.09 | 1.09 |
| Average Maturity(Yrs) | 1.87 | 8.65 | - | 1.87 |
| Yield to Maturity(%) | 6.86 | 7.49 | 3.61 | 6.86 |
| Avg Credit Rating | Average | - | - | - |
Style Box
CREDIT RATING
INTEREST RATE SENSITIVITY
HighMediumLow
HighMediumLow
Investment / Portfolio Grades
| Security Type | Weight(%) | Category Avg(%) |
|---|---|---|
| Government Backed | 9.02 | 11.01 |
| Low Risk | 56.06 | 40.13 |
| Moderate Risk | - | - |
| High Risk | - | - |
| Very High Risk | - | - |
| Others | 5.42 | 29.41 |
Type of Holdings
| Security Type | Weight(%) | Category Avg(%) |
|---|---|---|
| GOI | - | - |
| CD | - | - |
| T-Bills | - | - |
| CP | - | - |
| NCD & Bonds | - | - |
| PTC | - | - |
| Cash & Others | 100.00 | 73.58 |
Debt Holding In Portfolio
Debt Holdings data not available for this fund
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y ICICI Prudential Income Plus Arbitrage Active FoF- Growth 63.04 Unrated 1,387.47 0.27 5.56 11.49 10.96 Aditya Birla Sun Life US Treasury 3-10 year Bond ETFs FoF Regular-Growth 12.04 Unrated 179.63 1.87 8.93 - - Aditya Birla Sun Life US Treasury 1-3 year Bond ETFs FoF Regular-Growth 11.66 Unrated 90.10 1.28 9.43 - - Axis US Specific Treasury Dynamic Debt Passive FoF Regular-Growth 11.39 Unrated 48.51 2.13 7.83 - - DSP US Specific Debt Passive FoF Regular-Growth 11.61 Unrated 62.20 2.02 8.22 - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
3.18VS3.54Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
1.45VS0.76Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
10.92VS9.21Fund Vs Category Avg
Risk Ratio Chart
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- Risk Ratio
- Category Average
Size of Bubbles represents the Fund Size
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Fund Manager
- M.B.Manish BanthiaSince Jun 201724 schemes
- R.L.Ritesh LunawatSince Dec 202011 schemes
Mr. Banthia is B.Com, CA and MBA He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
Mr. Lunawat is B.Com and Chartered Accountant. He has been Working with ICICI Prudential AMC Since September 2013.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y ICICI Prudential Corporate Bond Fund-Growth Corporate Bond 30.18 33,573.85 8.30 ICICI Prudential Debt Management Fund (FOF)- Growth Medium to Long Duration 45.35 111.83 8.05 ICICI Prudential Equity Savings Fund-Growth Equity Savings 22.71 15,301.77 6.32 ICICI Prudential Bond Fund-Growth Medium to Long Duration 40.33 2,883.72 7.54 ICICI Prudential Asset Allocator Fund (FOF) - Growth Multi Asset Allocation 120.65 27,064.01 6.60 ICICI Prudential Ultra Short Term Fund-Growth Ultra Short Duration 28.03 16,382.40 7.44 ICICI Prudential Floating Interest Fund -Growth Floater 429.65 7,555.42 7.80 ICICI Prudential Passive Multi-Asset FoF - Growth Multi Asset Allocation 15.36 1,163.35 11.62 ICICI Prudential US Bluechip Equity Fund-Growth International 67.94 Unrated 3,257.38 8.81 ICICI Prudential Global Stable Equity Fund (FOF)-Growth International 29.12 Unrated 85.59 10.89 ICICI Prudential Thematic Advantage Fund (FOF)- Growth Thematic 224.35 Unrated 4,863.19 3.75
More ICICI Prudential Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Large Cap Fund-Growth | 71,787.87 | 0.80 | 1.16 | 12.84 | 0.12 | 17.79 | |
| ICICI Prudential Balanced Advantage-Growth | 64,964.03 | 1.39 | 2.22 | 10.30 | 5.74 | 12.93 | |
| ICICI Prudential Multi Asset Fund-Growth | 63,001.13 | 1.83 | 2.13 | 10.04 | 7.65 | 19.24 | |
| ICICI Prudential Value Fund-Growth | 53,715.52 | 0.85 | 1.08 | 12.22 | 0.01 | 21.31 | |
| ICICI Prudential Liquid Fund-Growth | 51,593.46 | 0.47 | 1.44 | 3.29 | 6.88 | 6.96 | |
| ICICI Prudential Equity & Debt Fund -Growth | 44,605.00 | 1.72 | 2.48 | 12.62 | 4.15 | 19.20 | |
| ICICI Prudential Money Market-Growth | 36,942.29 | 0.42 | 1.56 | 4.16 | 7.88 | 7.50 | |
| ICICI Prudential Corporate Bond Fund-Growth | 33,573.85 | 0.08 | 1.02 | 4.56 | 8.30 | 7.79 | |
| ICICI Prudential Equity Arbitrage-Growth | 31,526.24 | 0.35 | 1.43 | 3.30 | 6.74 | 7.02 | |
| ICICI Prudential India Opportunities Fund - Growth | 29,718.06 | 0.28 | -0.03 | 10.97 | -0.68 | 22.16 |
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About ICICI Prudential Income Plus Arbitrage Active FoF- Growth
1. ICICI Prudential Income Plus Arbitrage Active FoF is Open-ended Others Debt scheme which belongs to ICICI Prudential Mutual Fund House.
2. The fund was launched on Dec 18, 2003.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to invest in Debt oriented schemes and Arbitrage schemes in order to generate regular income. "
2. It is benchmarked against NIFTY 50 Hybrid Composite Debt 15:85 Conservative Index.
Asset Allocation & Portfolio Composition
1. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
2. The portfolio of the fund has securities with varying levels of maturities. Duration takes into consideration the sensitivity of the average maturity of these securities with respect to the interest rate changes. The Average Maturity of ICICI Prudential Income Plus Arbitrage Active FoF is 1.87 years and Duration is 1.09 years. Generally, securities with high maturity are more sensitive to interest rate changes. So, an investor with a low risk appetite may look to invest in a fund with low maturity and duration vis-a-vis category levels.
3. All these parameters - average maturity, duration, interest rate changes, credit quality, credit rating, liquidity etc. need to be looked at in conjunction with each other to determine the quality of portfolio of a fund.
Tax Implications on ICICI Prudential Income Plus Arbitrage Active FoF- Growth
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. ICICI Prudential Income Plus Arbitrage Active FoF is Open-ended Others Debt scheme which belongs to ICICI Prudential Mutual Fund House.
2. The fund was launched on Dec 18, 2003.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to invest in Debt oriented schemes and Arbitrage schemes in order to generate regular income. "
2. It is benchmarked against NIFTY 50 Hybrid Composite Debt 15:85 Conservative Index.
Asset Allocation & Portfolio Composition
1. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
2. The portfolio of the fund has securities with varying levels of maturities. Duration takes into consideration the sensitivity of the average maturity of these securities with respect to the interest rate changes. The Average Maturity of ICICI Prudential Income Plus Arbitrage Active FoF is 1.87 years and Duration is 1.09 years. Generally, securities with high maturity are more sensitive to interest rate changes. So, an investor with a low risk appetite may look to invest in a fund with low maturity and duration vis-a-vis category levels.
3. All these parameters - average maturity, duration, interest rate changes, credit quality, credit rating, liquidity etc. need to be looked at in conjunction with each other to determine the quality of portfolio of a fund.
Tax Implications on ICICI Prudential Income Plus Arbitrage Active FoF- Growth
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about ICICI Prudential Income Plus Arbitrage Active FoF- Growth
- Is it safe to invest in ICICI Prudential Income Plus Arbitrage Active FoF?As per SEBI’s latest guidelines to calculate risk grades, investment in the ICICI Prudential Income Plus Arbitrage Active FoF comes under Moderate risk category.
- What is the category of ICICI Prudential Income Plus Arbitrage Active FoF?ICICI Prudential Income Plus Arbitrage Active FoF belongs to the Debt : Others category of funds.
- How Long should I Invest in ICICI Prudential Income Plus Arbitrage Active FoF?The suggested investment horizon of investing into ICICI Prudential Income Plus Arbitrage Active FoF is null. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the ICICI Prudential Income Plus Arbitrage Active FoF?The ICICI Prudential Income Plus Arbitrage Active FoF is managed by Manish Banthia (Since Jun 17, 2017) and Ritesh Lunawat (Since Dec 28, 2020).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.
