| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.75% |
| NAV | ₹130.14 (18 Sep 2020) |
|---|---|
| Fund Started | 03 Nov 1999 |
| Fund Size | ₹17,535 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bharti Airtel Ltd. | Communication | Equity | 9.1% |
| National Thermal Power Corp. Ltd. | Energy | Equity | 7.9% |
| ICICI Bank Ltd. | Financial | Equity | 7.0% |
| Oil & Natural Gas Corpn. Ltd. | Energy | Equity | 4.2% |
| Vedanta Ltd. | Metals | Equity | 3.8% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 3.4% |
| Hindalco Industries Ltd. | Metals | Equity | 3.3% |
| Infosys Ltd. | Technology | Equity | 2.9% |
| ITC Ltd. | FMCG | Equity | 2.9% |
| Axis Bank Ltd. | Financial | Bonds/Deb | 2.6% |
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 ₹17,535 Cr and the Latest NAV as of 18 Sep 2020 is ₹130.14.
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
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.
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.