ICICI Prudential Income Plus Arbitrage Active FOF - Growth

ICICI Prudential Income Plus Arbitrage Active FOF - Growth is a scheme launched by ICICI Mutual Fund on December 18, 2003, and falls under the Domestic Deb FoF fund category. It currently manages an AUM of Rs 1,631.13 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 0.28% for managing the portfolio.

• Investing Strategy:

  The primary objective of the Scheme is to generate regular income by predominantly investing in debt oriented schemes. The Scheme will also invest in equity oriented & hybrid oriented schemes with an aim to generate capital appreciation.

• Performance:

  ICICI Prudential Income Plus Arbitrage Active FOF - Growth trailing returns over different times are 5.28% (1 year), 11.31% (3 year) and 11.08% (5 year). The average annual return of this fund stands at 4.54%.