Risk | Moderately High |
---|---|
Min SIP Amount | Not Supported |
Expense Ratio | 0.85% |
NAV | ₹13.71 (22 Apr 2021) |
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Fund Started | 05 Dec 2014 |
Fund Size | ₹1,072 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 5.2% |
ITC Ltd. | FMCG | Equity | 5.2% |
Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.1% |
Hindustan Unilever Ltd. | FMCG | Equity | 1.7% |
Hindalco Industries Ltd. | Metals | Equity | 1.1% |
Ambuja Cements Ltd. | Construction | Equity | 1.0% |
HDFC Bank Ltd. | Financial | Equity | 0.5% |
CESC Ltd. | Energy | Equity | 0.5% |
GAIL (India) Ltd. | Energy | Equity | 0.2% |
ICICI Prudential Equity Savings Fund Direct IDCW Monthly 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 Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹1,072 Cr and the Latest NAV as of 22 Apr 2021 is ₹13.71.
The ICICI Prudential Equity Savings Fund Direct IDCW Monthly is rated Moderately High risk. Minimum SIP Investment is set to 100. Exit load of 1% if redeemed within 15 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.