|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹14.90 (23 Jul 2021)|
|Fund Started||05 Dec 2014|
|Fund Size||₹2,073 Cr|
|Tata Steel Ltd.||Metals||Equity||5.7%|
|State Bank of India||Financial||Equity||5.4%|
|Reserve Bank of India||Financial||T-Bills||4.6%|
|Bharti Airtel Ltd.||Communication||Equity||4.3%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||4.2%|
|Sun Pharmaceutical Industries Ltd.||Healthcare||Equity||4.1%|
|Reliance Industries Ltd.||Energy||Equity||3.3%|
ICICI Prudential Equity Savings Fund Direct IDCW Half Yearly is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 05 Dec 2014. S Naren, Kayzad Englim, Chintan A Haria, Manish Banthia, Prakash Gaurav Goel is the Current Fund Manager of ICICI Prudential Equity Savings Fund Direct IDCW Half Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹2,073 Cr and the Latest NAV as of 23 Jul 2021 is ₹14.90.
The ICICI Prudential Equity Savings Fund Direct IDCW Half Yearly is rated Low to Moderate risk. Minimum SIP Investment is set to 100. For units in excess of 10% of the investment,0.25% will be charged for redemption within 7 days
The Scheme seeks to generate regular income through investments in fixed income securities and using arbitrage and other derivative Strategies. It also intends to generate long-term capital appreciation by investing a portion of the Scheme's assets in equity and equity related instruments.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.