Risk | Moderate |
---|---|
Min SIP Amount | Not Supported |
Expense Ratio | 0.85% |
NAV | ₹13.23 (20 Jan 2021) |
---|---|
Fund Started | 05 Dec 2014 |
Fund Size | ₹1,048 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
Infosys Ltd. | Technology | Equity | 6.7% |
Bharti Airtel Ltd. | Communication | Equity | 6.6% |
ICICI Bank Ltd. | Financial | Bonds | 4.9% |
ICICI Bank Ltd. | Financial | Equity | 4.7% |
Indusind Bank Ltd. | Financial | Bonds | 4.5% |
Axis Bank Ltd. | Financial | Bonds/Deb | 4.4% |
Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 3.3% |
Tech Mahindra Ltd. | Technology | Equity | 3.0% |
Maruti Suzuki India Ltd. | Automobile | Equity | 2.8% |
Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.5% |
ICICI Prudential Equity Savings Fund Direct Dividend Quarterly 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 Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹1,048 Cr and the Latest NAV as of 20 Jan 2021 is ₹13.23.
The ICICI Prudential Equity Savings Fund Direct Dividend Quarterly is rated Moderate 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.