MonitorDirect · GrowthWatch before adding
ICICI Prudential Income plus Arbitrage Omni FOF
ICICI Prudential Mutual FundOther Scheme - FoF Domestic13.6 years
The scheme seeks to generate regular income by predominantly investing in debt oriented schemes. The Scheme will also invest in equity oriented & hybrid oriented schemes with an aim to generate capital appreciation.
- NAV
- 71.8808
- 30 Oct 2026
- 1Y
- +5.1%
- Trailing CAGR
- AUM
- ₹3,294.15 Cr
- 30 Sept 2026
- Volatility
- Low
- 5.8% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Bandhan Conservative Hybrid Passive FOF if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.6 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
n/a
TER not on file yet.
Drawdown vs peers
Pass
Peak-to-trough -14.0%. Ask whether you can hold through a similar fall.
Vs category
Fail
24% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Ritesh Lunawat · 5.8 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 100.0% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+5.1%
- 3Y+9.1%
- 5Y+9.4%
- 10Y+9.1%
- SI+9.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+4.4%
- 3Y+6.8%
- 5Y+8.9%
- 10Y+9.6%
- Since inception
- +9.4%
- Calendar-day CAGR
- Excess 1Y
- +1.4%
- Category median, same plan and option
- 3Y win rate
- +24%
- Windows beating the median
- 3Y percentile
- 33
- Vs comparable share classes
- SIP 3Y XIRR
- +6.8%
- Simulated monthly SIP
- Worst rolling 3Y
- +2.5%
- 2557 daily-ending windows
- Median rolling 3Y
- +9.8%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2075 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -14.0%
- Worst peak-to-trough
- Current
- -0.5%
- Below last peak
- Current spell
- 37 days
- Days below latest peak
- Time below peak
- +65%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 6 days
- 285 recovered episodes
- Longest recovery
- 200 days
- Trough to prior peak
20 Feb 2020 – 12 Aug 2020
Trough 23 Mar 2020 · recovered in 142 days
-14.0%
21 May 2013 – 7 Mar 2014
Trough 19 Aug 2013 · recovered in 200 days
-9.9%
7 May 2015 – 18 Apr 2016
Trough 25 Feb 2016 · recovered in 53 days
-7.4%
3 Jul 2014 – 14 Aug 2014
Trough 14 Jul 2014 · recovered in 31 days
-3.8%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
33
Vs category
59
Consistency
32
Risk-adjusted
56
Drawdown
65
Mean
49
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 7 holdings · top 10 are 100.0%.
- Top 5
- 96.0%
- Top 10
- 100.0%
- Largest holding
- 36.9%
- Effective holdings
- 4.0
ICICI Prudential Arbitrage Direct-Growth
Unspecified
36.9%
ICICI Prudential Ultra Short Term Direct Plan -Growth
Unspecified
28.2%
ICICI Prudential Long Term Gilt Direct Plan-Growth
Unspecified
15.4%
ICICI Prudential Floating Interest Rates Fund Direct-Growth
Unspecified
9.1%
ICICI Prudential Nifty 10 yr Benchmark G-Sec ETF - Growth
Unspecified
6.3%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Bandhan Conservative Hybrid Passive FOF
Bandhan Mutual Fund
- 1Y
- -0.3%
- 3Y
- +6.9%
- Vol
- 3.5%
- Max DD
- -9.8%
- Sharpe
- 0.65
- 3Y win
- +26%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
ICICI Prudential Diversified Debt Strategy Active FOF - Dividend option
ICICI Prudential Mutual Fund
- 1Y
- +3.8%
- 3Y
- +6.8%
- Vol
- 2.0%
- Max DD
- -4.6%
- Sharpe
- 1.03
- 3Y win
- +33%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
Bandhan Aggressive Hybrid Passive FOF
Bandhan Mutual Fund
- 1Y
- -0.4%
- 3Y
- +11.2%
- Vol
- 10.2%
- Max DD
- -29.0%
- Sharpe
- 0.45
- 3Y win
- +56%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
DSP Gold ETF Fund of Fund
DSP Mutual Fund
- 1Y
- +15.6%
- 3Y
- n/a
- Vol
- 22.1%
- Max DD
- -25.2%
- Sharpe
- 1.08
- 3Y win
- n/a
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
HDFC Gold ETF Fund of Fund
HDFC Mutual Fund
- 1Y
- +15.7%
- 3Y
- +30.3%
- Vol
- 15.3%
- Max DD
- -24.8%
- Sharpe
- 0.35
- 3Y win
- +52%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown