NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

ICICI Prudential Equity Arbitrage-Growth for NRI [35.56]

Min Investment

₹5,000

Fund Size

₹32,976.02 Cr

Expense Ratio

0.9%

Exit Load

0.25%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

₹35.56

-0.03%

NAV as on 16 Feb 26, 12:00 AM

low risk

arbitrage fund

equity

NAV as on 16 Feb 26, 12:00 AM

low risk

arbitrage fund

equity

6.23%p.a.

Last 1Y

7.01%p.a.

Last 3Y

5.93%p.a.

Last 5Y

6.85%p.a.

Since Inception

About ICICI Prudential Equity Arbitrage-Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Equity Arbitrage-Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Dec 2006, ICICI Prudential Equity Arbitrage-Growth is Arbitrage Fund fund of its category with 32,976.02 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.

  • ICICI Prudential Equity Arbitrage-Growth delivered 6.2% annual returns during the last year. It has delivered 6.8% average annual returns since the fund was launched.
  • ICICI Prudential Equity Arbitrage-Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

To generate low volatility returns by using arbitrage and other derivative strategies in equity markets and investments in debt and money market instruments. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Top 10 Holdings

UPL Ltd

0.24%

ICICI Prudential Flexible Income Direct Plan -Growth

5.81%

ICICI Prudential Money Market Direct-Growth

15.45%

Repo

1.99%

Net Payables

-0.73%

UPL Ltd Futures

-0.25%

Cash Margin

73.89%

KOTAK MAHINDRA PRIME LIMITED 7.37 NCD 16SP25 FVRS10LAC

0.04%

NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 04FEB26

0.30%

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 04FEB26

0.38%

Fund Managers

  1. Kayzad Eghlim (Feb 2011 - Present)
  2. Nikhil Kabra (Dec 2020 - Present)
  3. Sharmila D'Silva (Jul 2022 - Present)
  4. Darshil Dedhia (Sep 2024 - Present)
  5. Archana Nair (Feb 2024 - Present)
  6. Ajay Kumar Solanki (Aug 2024 - Present)

Key Information

View Scheme Document

ICICI Prudential Equity Arbitrage-Growth SIP Calculator

If invested

₹5,000

per month

For a period of

Investment of ₹0 could have been

₹0(+0.0%)

₹0 (+0.0%)

This Fund

₹0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on ICICI Prudential Equity Arbitrage-Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in ICICI Prudential Equity Arbitrage-Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in ICICI Prudential Equity Arbitrage-Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

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SBI Arbitrage Opportunities Fund-Growth

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7.1%

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