ICICI Prudential Multi Asset Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. S Naren, Ihab Dalwai is the Current Fund Manager of ICICI Prudential Multi Asset Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹11,534 Cr and the Latest NAV as of 21 Nov 2019 is ₹25.03.
The ICICI Prudential Multi Asset Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Investment Objective
Seeks to generate capital appreciation by actively investing in equity and equity related securities. For defensive considerations, the Scheme may invest in debt, money market instruments and derivatives.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years and 20% with indexation benefit post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
For units in excess of 10% of the investment,1% will be charged for redemption within 1 year
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