|Min SIP Amount||₹1000|
|NAV||₹33.97 (13 Jul 2020)|
|Fund Started||31 Jan 2013|
|Fund Size||₹167 Cr|
|ICICI Prudential Floating Interest Fund Direct Plan -Growth||Financial||Mutual Fund||74.3%|
|ICICI Prudential Short Term Fund Direct Plan-Growth||Financial||Mutual Fund||25.3%|
ICICI Prudential Debt Management Fund (FOF) Direct Plan Dividend is a Others Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 31 Jan 2013. Manish Banthia is the Current Fund Manager of ICICI Prudential Debt Management Fund (FOF) Direct Plan Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹167 Cr and the Latest NAV as of 13 Jul 2020 is ₹33.97.
The ICICI Prudential Debt Management Fund (FOF) Direct Plan Dividend is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 1 month
The primary investment objective of this Plan is to seek to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through investments made primarily in the schemes of domestic or offshore Mutual Fund(s) having asset allocation to: - Money market and debt securities. This Plan may be considered to be ideal for investors having a low risk appetite and a shorter duration of investment. However, there can be no assurance that the investment objectives of the Plan/s will be realized.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.