|Min SIP Amount||₹100|
|NAV||₹15.98 (16 Apr 2021)|
|Fund Started||05 Dec 2014|
|Fund Size||₹1,072 Cr|
|ICICI Bank Ltd.||Financial||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%|
|GAIL (India) Ltd.||Energy||Equity||0.2%|
|GAIL (India) Ltd.||Energy||Futures||-0.2%|
ICICI Prudential Equity Savings Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,072 Cr and the Latest NAV as of 16 Apr 2021 is ₹15.98.
The ICICI Prudential Equity Savings Fund Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. 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.