Fund Details
ICICI Prudential Income Optimizer Fund (FOF) Direct Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.60% |
| NAV | ₹40.31 (25 Nov 2020) |
|---|---|
| Fund Started | 16 Apr 2014 |
| Fund Size | ₹183 Cr |
Returns
as per Historical Returns
Comparison
1. Age is more than 10 years
2. Risk is lower compared to the benchmark
3. 1Y Returns are higher than the benchmark
4. Age is more than 10 years
5. 1Y Returns are higher than the category average returns
6. 3Y Returns are higher than the category average returns
7. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. 3Y Returns are lower than the benchmark
4. 5Y Returns are lower than the benchmark
5. 10Y Returns are lower than the benchmark
6. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
7. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Prudential Medium Term Bond Fund Direct Plan-Growth | Financial | Mutual Fund | 44.6% |
| ICICI Prudential Corporate Bond Fund Direct Plan -Growth | Financial | Mutual Fund | 35.1% |
| ICICI Prudential Smallcap Fund Direct Plan-Growth | Financial | Mutual Fund | 12.6% |
| ICICI Prudential India Opportunities Fund Direct - Growth | Financial | Mutual Fund | 6.5% |
Fund Managers
ICICI Prudential Income Optimizer Fund (FOF) Direct Dividend Details
ICICI Prudential Income Optimizer Fund (FOF) Direct Dividend is a Others Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 16 Apr 2014. Mrinal Singh, Manish Banthia is the Current Fund Manager of ICICI Prudential Income Optimizer Fund (FOF) Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹183 Cr and the Latest NAV as of 25 Nov 2020 is ₹40.31.
The ICICI Prudential Income Optimizer Fund (FOF) Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months.
Investment Objective
The scheme seeks to generate regular income by predominantly investing in debt oriented schemes. The Scheme will also invest in equity oriented & hybrid oriented schemes with an aim to generate capital appreciation.
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.
