ICICI Prudential Equity Savings Fund Direct Dividend Monthly+0.28%

4Groww
6.13%
1 Year Return
Hybrid
Equity Savings
4.0 star
6M
1Y
3Y
All

Fund Details

ICICI Prudential Equity Savings Fund Direct Dividend Monthly

RiskModerately High
Min SIP Amount₹100
Expense Ratio0.74%
NAV12.3 (23 Aug 2019)
Fund Started05 Dec 2014
Fund Size1,617 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Equity Savings Fund Direct Dividend Monthly
6.1%
7.3%
NA
9.1%
Category Average
1.0%
5.7%
NA
-
Rank within category
1
3
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    30
    with 6.1% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. 1Y Returns are higher than the benchmark
    3. 3Y Returns are higher than the benchmark
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    National Thermal Power Corp. Ltd.EnergyEquity5.0%
    Tata Consultancy Services Ltd.TechnologyEquity4.5%
    Axis Bank Ltd.FinancialCD4.0%
    Axis Bank Ltd.FinancialEquity3.7%
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity3.5%
    Axis Bank Ltd.FinancialFixed Deposits3.1%
    ICICI Bank Ltd.FinancialBonds3.1%
    Axis Bank Ltd.FinancialBonds/Deb3.1%
    Indusind Bank Ltd.FinancialBonds3.0%
    Tata Chemicals Ltd.ChemicalsEquity2.7%
    See All

    Fund Managers

    addKayzad Eghlim
    Education
    Mr. Eghlim is a B.Com (H) and M Com.
    Experience
    Prior to joining ICICI Prudential AMC he has worked with IDFC Investment Advisors Ltd., Prime Securities and Canbank Mutual Fund.
    Funds Managed
    addSankaran Naren
    Education
    Mr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata.
    Experience
    Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.
    Funds Managed
    addManish Banthia
    Education
    Mr. Banthia is B.Com, CA and MBA
    Experience
    He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
    Funds Managed
    addPriyanka Khandelwal
    Education
    Ms. Khandelwal is Chartered Accountant and Company Secretary
    Experience
    She has been Working with ICICI Prudential Mutual Fund Since October 2014.
    Funds Managed
    addPrakash Gaurav Goel
    Education
    Mr. Goel is Chartered Accountant & Bachelor of Commerce
    Experience
    Prior to joining ICICI Prudential Mutual fund, he has worked with IREVNA Research & Hindustan Unilever.
    Funds Managed
    addDharmesh Kakkad
    Education
    Mr. kakkad is B.com., CA & CFA.
    Experience
    Mr. Kakkad is Manager in ICICI Prudential Mutual Fund since 2009.
    Funds Managed

    Other Details

    ICICI Prudential Equity Savings Fund Direct Dividend Monthly is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced 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 Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹1,617 Cr and the Latest NAV as of 23 Aug 2019 is ₹12.3.

    The ICICI Prudential Equity Savings Fund Direct Dividend Monthly is rated Moderately High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 15 days.

    Investment Objective

    The Scheme seeks to generate regular income through investments in fixed income securities and using arbitrage and other derivative strategies. The Scheme also intends to generate long-term capital appreciation by investing a portion of the Scheme?s assets in equity and equity related instruments. However there can be no assurance that the investment objectives of the scheme will be realized.

    Tax Implications

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1% if redeemed within 15 days
    Exit Load

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    About ICICI Prudential Mutual Fund

    Address
    One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
    Phone
    022-26525000
    Launch Date
    12 Oct 1993
    ICICI Prudential Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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