NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹32.62
0.19%
NAV as on 06 Oct 24, 12:00 AM
low risk
arbitrage fund
equity
NAV as on 06 Oct 24, 12:00 AM
low risk
arbitrage fund
equity
7.43%p.a.
Last 1Y
6.05%p.a.
Last 3Y
5.29%p.a.
Last 5Y
6.88%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Equity Arbitrage Fund 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 Fund Growth is Arbitrage Fund fund of its category with 24,111.41 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.
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 Pru Money Market Dir Gr
10.85%
Hdfc Bank Ltd.
5.02%
HDFC Bank Ltd
5.00%
ICICI Pru Savings Dir Gr
3.53%
Tata Motors Ltd
3.48%
Tata Motors Ltd.
3.46%
Tata Consultancy Services Ltd.
2.57%
Tata Consultancy Services Ltd
2.56%
Kotak Mahindra Bank Ltd.
2.35%
Kotak Mahindra Bank Ltd
2.33%
View Scheme Document
If invested
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
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
---|---|---|
Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
low risk | equity
6.3%
low risk | equity
6.4%
low risk | equity
6.4%