ICICI Prudential Mutual Fund Declares Income Distribution in Arbitrage Fund

ICICI Prudential Mutual Fund has announced an income distribution of ₹0.05 per unit under both the regular and direct IDCW options of the ICICI Prudential Equity Arbitrage Fund. The record date is March 3, 2025, meaning investors holding units on this date will receive the payout.

Fund Basics

The ICICI Prudential Equity Arbitrage Fund was launched on January 1, 2013. Since its inception, it has delivered an average return of 7.04%. As of January 31, 2025, the fund has total assets worth ₹25,324 crore. The expense ratio stands at 0.39%.

The fund follows the NIFTY 50 Arbitrage TRI benchmark and is categorized as low risk according to the riskometer. It is an open-ended scheme, meaning investors can enter or exit at any time without restrictions.

Portfolio Allocation

The fund’s investments are spread across different asset classes:

• Debt: 26.98%
• Cash & Cash Equivalents: 73.19%
• Equity: -0.18%

Investment Details

The fund requires a minimum investment of ₹5,000. Additional investments can be made with at least ₹1,000. For Systematic Investment Plans (SIP), the minimum amount is ₹1,000, and withdrawals start at ₹1. There is no minimum balance requirement. 

Investors making withdrawals within 30 days of investment will be charged an exit load of 0.25%. There is no lock-in period.

Investment Strategy

The fund primarily focuses on arbitrage opportunities, buying and selling assets in different markets to benefit from price differences. This approach aims to provide returns with low volatility. It also holds short-term debt investments to manage risks and liquidity.

Conclusion

Investors considering this fund should note the March 3, 2025 record date to ensure they are eligible for the payout.

Before investing, consider your individual financial goals and consult with a registered financial advisor before making any investment decisions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.