ICICI Prudential Moderate Fund Direct Dividend is a Others Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 16 Apr 2014. Mrinal Singh, Manish Banthia is the Current Fund Manager of ICICI Prudential Moderate Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹108 Cr and the Latest NAV as of 11 Nov 2019 is ₹36.99.
The ICICI Prudential Moderate Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 1 month.
Investment Objective
The primary investment objective of this Plan is to seek to generate regular income primarily through investments in the schemes of domestic or offshore Mutual Fund(s) having asset allocation: - Primarily to fixed income securities - To a lesser extent (maximum 35%) in equity and equity related securities so as to generate long-term capital appreciation. However, there can be no assurance that the investment objectives of the Plan/s 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 0.25% if redeemed within 1 month
Exit Load