Home>Mutual Funds>ICICI Prudential Mutual Fund>ICICI Prudential Income Optimizer Fund (FOF) Direct IDCW

ICICI Prudential Income Optimizer Fund (FOF) Direct IDCW

Other
FoF Overseas/Domestic
High Risk
17.87%
1Y return
+0.08% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 30 Jul 2021₹44.48
Min. SIP Amount₹1,000
Rating4star
Fund Size₹354.70 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Other FoF Overseas/Domestic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns17.9%9.6%8.4%8.6%
Category average14.2%7.4%7.4%NA
Rank with in category975NA
Understand termsinfo

Holdings (4)

NameSectorInstrumentAssets
ICICI Prudential Medium Term Bond Fund Direct Plan-Growth
FinancialMutual Fund59.5%
ICICI Prudential Corporate Bond Fund Direct Plan -Growth
FinancialMutual Fund24.4%
ICICI Prudential Smallcap Fund Direct Plan-Growth
FinancialMutual Fund8.9%
ICICI Prudential India Opportunities Fund Direct - Growth
FinancialMutual Fund6.9%

Pros and cons

Category: Other FoF Overseas/Domestic

Pros

  • Age is more than 10 years
  • 1Y Returns are higher than the category average returns
  • 3Y Returns are higher than the category average returns
  • 5Y Returns are higher than the category average returns
  • 10Y Returns are higher than the category average returns

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Expense ratio, exit load and tax

Expense ratio: 0.37%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 12 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹5,000
Min. for SIP₹1,000

Fund management

Manish Banthia
Jun 2017 - Present
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Ritesh Lunawat
Dec 2020 - Present
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Dharmesh Kakkad
May 2018 - Present
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Fund house & investment objective

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Fund house contact details

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