ICICI Prudential Debt Management Fund (FOF) Growth is a Others Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 18 Dec 2003. Manish Banthia is the Current Fund Manager of ICICI Prudential Debt Management Fund (FOF) Growth.The fund currently has an Asset Under Management(AUM) of ₹198 Cr and the Latest NAV as of 22 Jan 2020 is ₹31.26.
The ICICI Prudential Debt Management Fund (FOF) Growth is rated Moderate 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 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.
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