1M
6M
1Y
3Y
5Y
All
| NAV: 30 Jul 2021 | ₹42.81 |
|---|---|
| Min. SIP Amount | ₹1,000 |
| Rating | 4star |
|---|---|
| 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%)
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Other FoF Overseas/Domestic
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 17.9% | 9.6% | 8.4% | 8.6% |
| Category average | 14.2% | 7.4% | 7.4% | NA |
| Rank with in category | 9 | 7 | 5 | NA |
Understand termsinfo
Holdings (4)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Prudential Medium Term Bond Fund Direct Plan-Growth | Financial | Mutual Fund | 59.5% |
ICICI Prudential Corporate Bond Fund Direct Plan -Growth | Financial | Mutual Fund | 24.4% |
ICICI Prudential Smallcap Fund Direct Plan-Growth | Financial | Mutual Fund | 8.9% |
ICICI Prudential India Opportunities Fund Direct - Growth | Financial | Mutual Fund | 6.9% |
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
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Expense ratio, exit load and tax
Expense ratio: 1.05%
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
View Details
Education
Mr. Banthia is B.Com, CA and MBA
Experience
He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
Also manages these schemes
Ritesh Lunawat
Dec 2020 - Present
View Details
Education
Mr. Lunawat is B.Com and Chartered Accountant.
Experience
He has been Working with ICICI Prudential AMC Since September 2013.
Also manages these schemes
Dharmesh Kakkad
May 2018 - Present
View Details
Education
Mr. kakkad is B.com., CA & CFA.
Experience
He is associated with ICICI Prudential Asset Management Company Limited from June 2010. Prior to working in Dealing function, he was working in the Operations Department of ICICI Prudential AMC.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #3 in India |
|---|---|
| Total AUM | 4,10,129.33 Cr |
| Date of Incorporation | 13 Oct 1993 |
|---|
ICICI Prudential Income Optimizer Fund (FOF) Growth is a Other Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made avai
ICICI Prudential Income Optimizer Fund (FOF) Growth is a Other Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 13 Oct 1993. Mrinal Singh, Manish Banthia is the Current Fund Manager of ICICI Prudential Income Optimizer Fund (FOF) Growth fund.The fund currently has an Asset Under Management(AUM) of ₹4,10,129 Cr and the Latest NAV as of 30 Jul 2021 is ₹42.81.
The ICICI Prudential Income Optimizer Fund (FOF) Growth is rated High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months.
...Read more
Investment Objective
The scheme seeks to generate regular income by predominantly investing in debt oriented schemes. The Scheme will also invest in equity oriented & hybr
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.
...Read more
| Fund benchmark | Nifty 500 |
|---|
Fund house contact details
Address
One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
Phone
022-26525000
Launch Date
13 Oct 1993
E-mail
[email protected]Website
NA
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
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