Icici Prudential Equity - Arbitrage Fund

Review Date: 25-03-2025

Beginning of Analysis

Icici Prudential Equity - Arbitrage Fund is the 6th ranked fund in the Arbitrage Fund category. The category has total 22 funds. The 4 star rating shows a very good past performance of the Icici Prudential Equity - Arbitrage Fund in Arbitrage Fund category. The fund has a Sharpe Ratio of -0.53 which is lower than the category average of -0.87.
The past performance of the Icici Prudential Equity - Arbitrage Fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds.

Icici Prudential Equity - Arbitrage Fund Return Analysis

The fund has given a return of 0.56%, 1.76 and 3.65 in last one, three and six months respectively. In the same period the category average return was 0.54%, 1.73% and 3.57% respectively. The fund has given a return of 7.95% in last one year, 7.2% in last three years, 6.13% in last five years and 6.46% in last ten years. In the same period the category average return was 7.78%, 7.06%, 5.95% and 6.42% respectively. The fund has Average performance in last ten years in Arbitrage Fund.

The fund has given a SIP return of 7.64% in last one year. In the same period the category average SIP return was 7.47%. The fund has SIP return of 7.75% in last three years whereas category average SIP return is 7.62%. The category average SIP return is 6.76% and the fund has given a SIP return of 6.86% in last five years.

Icici Prudential Equity - Arbitrage Fund Risk Analysis

The fund has a standard deviation of 0.59 and semi deviation of 0.48. The category average standard deviation is 0.6 and semi deviation is 0.48.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.