ICICI Prudential Income Plus Arbitrage Active FOF - IDCW

ICICI Prudential Income Plus Arbitrage Active FOF - IDCW is a fund scheme from ICICI mutual fund. It falls under a Domestic Deb FoF category. After being launched on 2003-12-18. ICICI Prudential Income Plus Arbitrage Active FOF - IDCW has achieved Rs 271.33 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 1000 and lumpsum of Rs 5000 to start the investment. The expense ratio of this fund is 1.01%.

• 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 - IDCW trailing returns over different times are 10.99% (1 year), 5.03% (3 year), 7.04% (5 year). The average annual return of this fund stands at 10.99%

• Fund Manager & Portfolio Allocation:

  Manish Banthia, Ritesh Lunawat, Dharmesh Kakkad, Sharmila D'mello are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Sectors. First five holdings of this fund are ICICI Pru Short Term Dir Gr, ICICI Pru Equity Savings Dir Gr, ICICI Prudential Eq Min Var Dir Gr, ICICI Pru Exports and Services Dir Gr, Net Current Assets Companies.