A managed mix of asset classes or strategies
The primary objective of the Scheme is to invest in units of domestic active and passive debt oriented schemes and Arbitrage schemes in order to generate regular income. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Investors who understand that the risk depends on the scheme's actual equity, debt and derivative mix.
Market, credit, interest-rate and allocation risk can operate together.
How the money may be invested
• Units of active and passive debt oriented Schemes and Arbitrage based Schemes = 95%-100% • Money Market instruments (with maturity not exceeding 91 days) including Tri- Party Repo* = 0%-5% *or similar instruments as may be permitted by RBI/ SEBI. The Scheme shall invest up to 65% in Units of active and passive Debt Oriented Schemes and Money Market Instruments, subject to minimum 10% investment in Units of Debt Oriented Schemes. The balance investments of the Scheme shall be in Units of Arbitrage based schemes.
- SEBI category
- Others - Fund of Funds - Hybrid FOF – Income plus Arbitrage FOF
- Fund type
- Open Ended
- Primary benchmark
- 60% Nifty Composite Debt Index + 40% Nifty 50 Arbitrage TRI
- Secondary benchmark
- CRISIL 10 Year Gilt Index
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Manish Banthia · Ritesh Lunawat
- Manager tenure on this scheme
- Manish Banthia — since 16 June 2017 · Ritesh Lunawat — since 1 January 2021
- Role / co-management
- Manish Banthia — Comanage · Ritesh Lunawat — Comanage
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| ICICI Prudential Income plus Arbitrage Omni FOF - Direct Plan - Growth | ₹72.0537 | 04 Sep 2026 |
| ICICI Prudential Income plus Arbitrage Omni FOF - Direct Plan - IDCW | ₹55.7182 | 04 Sep 2026 |
| ICICI Prudential Income plus Arbitrage Omni FOF - Regular Plan - Growth | ₹66.9467 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Annual Scheme Recurring Expenses as on May 31, 2026: Regular = 0.25% Direct= 0.03%
- Exit load
- Nil
- Minimum application
- Rs. 500 · multiples of 1
- SIP frequency
- Refer to the current official scheme document.
- Minimum SIP amount
- Refer to the current official scheme document.
- Minimum instalments
- Refer to the current official scheme document.
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.