ICICI Prudential Passive Strategy Fund Direct Dividend+0.35%

2Groww
6.84%
1 Year Return
Others
FoF Domestic
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Passive Strategy Fund Direct Dividend

RiskModerately High
Min SIP Amount₹1000
Expense Ratio0.05%
NAV66.40 (11 Oct 2019)
Fund Started04 Jan 2013
Fund Size93 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Passive Strategy Fund Direct Dividend
6.8%
7.0%
8.0%
12.5%
Category Average
0.9%
5.4%
7.2%
-
Rank within category
7
3
3
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 6.8% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk is lower compared to the benchmark
    3. Lower expense ratio
    4. 1Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. 3Y Returns are lower than the benchmark
    3. 5Y Returns are lower than the benchmark
    4. 10Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    ICICI Prudential Nifty ETF-DividendFinancialMutual Fund44.3%
    ICICI Prudential Nifty Low Vol 30 ETF - DividendFinancialMutual Fund33.5%
    ICICI Prudential Midcap Select ETFFinancialMutual Fund14.1%
    ICICI Prudential S&P BSE 500 ETF - GrowthFinancialMutual Fund7.5%
    See All

    Fund Managers

    addSankaran Naren
    Education
    Mr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata.
    Experience
    Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.
    Funds Managed
    addDharmesh Kakkad
    Education
    Mr. kakkad is B.com., CA & CFA.
    Experience
    Mr. Kakkad is Manager in ICICI Prudential Mutual Fund since 2009.
    Funds Managed

    Other Details

    ICICI Prudential Passive Strategy Fund Direct Dividend is a Others Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 04 Jan 2013. Mrinal Singh, Manish Banthia is the Current Fund Manager of ICICI Prudential Passive Strategy Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹93 Cr and the Latest NAV as of 11 Oct 2019 is ₹66.40.

    The ICICI Prudential Passive Strategy Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.

    Investment Objective

    The primary investment objective of this Plan is to seek to generate long term capital appreciation from a portfolio that is invested predominantly in the schemes of domestic or offshore Mutual Fund(s) mainly having asset allocation to:- Equity and equity related securities and- A small portion in debt and money market instruments.However, there can be no assurance that the investment objective of the Scheme will be realized.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹500
    Min for Second Investment
    Exit load of 1% if redeemed within 1 year
    Exit Load

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    About ICICI Prudential Mutual Fund

    Address
    One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
    Phone
    022-26525000
    Launch Date
    12 Oct 1993
    ICICI Prudential Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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