Fund Details
ICICI Prudential Equity & Debt Fund Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.78% |
| NAV | ₹140.67 (27 Nov 2020) |
|---|---|
| Fund Started | 03 Nov 1999 |
| Fund Size | ₹15,479 Cr |
Returns
as per Historical Returns
Comparison
1. Age is more than 10 years
2. Age is more than 10 years
3. 10Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. Risk is higher compared to the benchmark
3. Higher expense ratio
4. 1Y Returns are lower than the benchmark
5. 3Y Returns are lower than the benchmark
6. 5Y Returns are lower than the benchmark
7. Risk-adjusted returns are lower compared to the category
8. Higher expense ratio - 1.78%
9. 1Y Returns are lower than the category average returns
10. 3Y Returns are lower than the category average returns
11. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bharti Airtel Ltd. | Communication | Equity | 8.1% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 8.1% |
| ICICI Bank Ltd. | Financial | Equity | 7.4% |
| Oil & Natural Gas Corpn. Ltd. | Energy | Equity | 3.7% |
| ITC Ltd. | FMCG | Equity | 3.7% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 3.4% |
| Hindalco Industries Ltd. | Metals | Equity | 3.4% |
| Infosys Ltd. | Technology | Equity | 3.4% |
| Vedanta Ltd. | Metals | Equity | 3.2% |
| Axis Bank Ltd. | Financial | Bonds/Deb | 3.0% |
Fund Managers
ICICI Prudential Equity & Debt Fund Growth Details
ICICI Prudential Equity & Debt Fund Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 03 Nov 1999. S Naren, Manish Banthia, Atul Patel is the Current Fund Manager of ICICI Prudential Equity & Debt Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹15,479 Cr and the Latest NAV as of 27 Nov 2020 is ₹140.67.
The ICICI Prudential Equity & Debt Fund Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year
Investment Objective
The scheme seeks to generate long-term capital appreciation and current income by investing in a portfolio that is investing in equities and related securities as well as fixed income and money market securities. The approximate allocation to equity would be in the range of 60-80 per cent with a minimum of 51 per cent, and the approximate debt allocation is 40-49 per cent, with a minimum of 20 per cent.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
