ICICI Prudential Passive Strategy Fund (FOF) 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 (FOF) Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹101 Cr and the Latest NAV as of 06 Dec 2019 is ₹69.20.
The ICICI Prudential Passive Strategy Fund (FOF) 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