ICICI Prudential FMCG Direct Dividend is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Atul Patel is the Current Fund Manager of ICICI Prudential FMCG Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹541 Cr and the Latest NAV as of 06 Dec 2019 is ₹110.90.
The ICICI Prudential FMCG Direct Dividend is rated High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 15 days.
To generate long term capital appreciation through investments made primarily in Fast Moving Consumer Goods sector that are fundamentally strong and have established brands.
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)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 15 days