ICICI Prudential Equity Savings Fund Direct IDCW Monthly

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 12 Oct 1993. 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 ₹7,81,394 Cr and the Latest NAV as of 16 Sep 2022 is ₹14.38. The ICICI Prudential Equity Savings Fund Direct IDCW Monthly is rated Low to Moderate risk. Minimum SIP Investment is set to ₹100. Exit load for units in excess of 10% of the investment,0.25% will be charged for redemption within 7 days ;

Investment Objective

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. ;