Special 
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.
ICICI Prudential Equity Arbitrage Fund Direct Plan Bonus is an Alternative - Arbitrage Fund fund. The fund was launched in Aug 26, 2014. Its risk level is Low. The NAV of the fund as on Apr 24, 2020 is ₹14.74. Its expense ratio is 0.39 %. The fund has an AUM of ₹24,369.11 Cr.The fund is managed by Kayzad Eghlim, Sharmila D’mello, Nikhil Kabra, Rohan Maru, Archana Nair, Kaivalya Nadkarni, Ajaykumar Solanki, Darshil Dedhia. The minimum initial investment is ₹5000 in Lumpsum mode.
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