Should I invest in ICICI Prudential Arbitrage Fund?

We don't give personal investment advice. ICICI Prudential Arbitrage Fund - Growth is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.3%. 5-year CAGR: 6.03%.

ICICI Prudential

ICICI Prudential Arbitrage Fund - Growth

Latest NAV

₹36.4830

As of

24 Jul 2026

4,813 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.03%	-0.03%	+0.00	2 / 4	Q2
1W	+0.05%	+0.04%	+0.01	2 / 4	Q2
2W	+0.18%	+0.18%	+0.01	2 / 4	Q2
1M	+0.54%	+0.30%	+0.24	1 / 4	Q1
3M	+1.46%	+0.76%	+0.70	1 / 4	Q1
6M	+2.91%	+1.51%	+1.41	1 / 4	Q1
YTD	+3.37%	+1.86%	+1.51	1 / 4	Q1
1Y	+5.95%	+3.10%	+2.85	1 / 4	Q1
2Y	+6.43%	+3.63%	+2.80	1 / 4	Q1
3Y	+6.88%	+4.02%	+2.86	1 / 4	Q1
4Y	+6.72%	+3.98%	+2.74	1 / 4	Q1
5Y	+6.03%	+3.44%	+2.59	1 / 4	Q1
7Y	+5.58%	+3.34%	+2.24	1 / 4	Q1
10Y	+5.75%	+3.21%	+2.54	1 / 4	Q1
Inception	+6.84%	+3.99%	+2.84	1 / 4	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+3.37%	+1.86%	+1.51	1 / 4
2025	+6.40%	+3.56%	+2.84	1 / 4
2024	+7.51%	+4.53%	+2.98	1 / 4
2023	+7.15%	+4.35%	+2.80	2 / 4
2022	+4.19%	+2.17%	+2.02	1 / 4
2021	+3.89%	+2.95%	+0.94	2 / 4
2020	+4.20%	+2.66%	+1.54	1 / 4
2019	+5.96%	+3.10%	+2.85	2 / 4
2018	+6.21%	+2.49%	+3.72	1 / 4
2017	+5.58%	+2.87%	+2.71	2 / 4
2016	+6.87%	+3.51%	+3.36	1 / 4

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+6.75%

227 windows

min 3.1% · max 11.1%

100% positive

3-Year rolling

+6.66%

202 windows

min 3.9% · max 9.7%

100% positive

5-Year rolling

+6.69%

178 windows

min 4.8% · max 9.0%

100% positive

7-Year rolling

+6.74%

154 windows

min 5.2% · max 8.3%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.44%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.30%

May 2026 → May 2026

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Arbitrage Fund

Scheme	Fund house	NAV	As of
HDFC ARBITRAGE FUND -Direct Plan - Growth Option	HDFC	₹21.5650	24 Jul 2026
Nippon India Arbitrage Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹30.6884	24 Jul 2026
SBI Arbitrage Opportunities Fund - Regular Plan - Gr	SBI	₹35.9503	24 Jul 2026
ICICI Prudential Arbitrage Fund - Direct Plan - Growth	ICICI Prudential	₹39.3385	24 Jul 2026
Invesco India Arbitrage Fund - Direct Plan - Growth Option	Invesco	₹36.9708	24 Jul 2026
BANDHAN Arbitrage Fund-Direct Plan- Growth	Bandhan	₹37.5037	24 Jul 2026
quant Arbitrage Fund - Growth Option - Direct Plan	Quant	₹10.9830	24 Jul 2026
Aditya Birla Sun Life Arbitrage Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹30.6565	24 Jul 2026
Motilal Oswal Arbitrage Fund-Direct Plan-Growth	Motilal Oswal	₹11.1745	24 Jul 2026
Franklin India Arbitrage Fund - Direct - Growth	Franklin India	₹11.2093	24 Jul 2026

Recent NAVs

Date	NAV
24 Jul 2026	₹36.4830
23 Jul 2026	₹36.4936
22 Jul 2026	₹36.4950
21 Jul 2026	₹36.4798
20 Jul 2026	₹36.4478
17 Jul 2026	₹36.4654
16 Jul 2026	₹36.4300
15 Jul 2026	₹36.4333
14 Jul 2026	₹36.4465
13 Jul 2026	₹36.4126

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 24 Jul 2026, the NAV of ICICI Prudential Arbitrage Fund - Growth is ₹36.4830. It's a Arbitrage Fund from ICICI Prudential, run as a Retail plan Growth option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Arbitrage Fund - Growth has NAV history starting from 01 Jan 2007, a track record of about 19 years 6 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

ICICI Prudential Arbitrage Fund - Growth is managed by ICICI Prudential. It's classified by AMFI under the 'Arbitrage Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Arbitrage Fund - Growth has delivered a absolute return of 5.95% — +2.85 pp ahead of the Arbitrage Fund category average of 3.10%. The fund ranks #1 of 4 in its category — the top (Q1) quartile.

Over the trailing 3-year window, ICICI Prudential Arbitrage Fund - Growth has delivered a CAGR of 6.88% — +2.86 pp ahead of the Arbitrage Fund category average of 4.02%. The fund ranks #1 of 4 in its category — the top (Q1) quartile.

Over the trailing 5-year window, ICICI Prudential Arbitrage Fund - Growth has delivered a CAGR of 6.03% — +2.59 pp ahead of the Arbitrage Fund category average of 3.44%. The fund ranks #1 of 4 in its category — the top (Q1) quartile.

₹1 lakh invested in ICICI Prudential Arbitrage Fund - Growth exactly 10 years ago would be worth approximately ₹174,930 today — a multiplier of 1.75×, based on the 10-year CAGR of 5.75%. The category average over the same window would have grown ₹1 lakh to ₹137,153.

A ₹10,000 monthly SIP in ICICI Prudential Arbitrage Fund - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹707,451 today. That's an XIRR (money-weighted annualised return) of 6.52%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Arbitrage Fund - Growth = ₹1,200,000 invested. It would currently be worth ₹1,622,088 (multiplier 1.35×). XIRR: 5.87%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential Arbitrage Fund - Growth ranks #1 out of 4 funds in the Arbitrage Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 3.44%; this fund delivered 6.03%.

The worst peak-to-trough decline ICICI Prudential Arbitrage Fund - Growth has experienced over the last 5-year window is 0.30% — its NAV fell from a high on 19 May 2026 to a low on 29 May 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, ICICI Prudential Arbitrage Fund - Growth averaged 6.69% (best 9.05%, worst 4.81%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -1.10 — negative risk-adjusted performance.

In calendar year 2025, ICICI Prudential Arbitrage Fund - Growth returned 6.40% — beating the Arbitrage Fund category average of 3.56% by 2.84 pp. It ranked #1 of 4 in its category that year.

ICICI Prudential Arbitrage Fund - Growth is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. ICICI Prudential Arbitrage Fund - Growth is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.3%. 5-year CAGR: 6.03%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

ICICI Prudential Arbitrage Fund - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Arbitrage Fund

Recent NAVs

Frequently asked questions

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