| Risk | High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.89% |
| NAV | ₹247.44 (22 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹522 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ITC Ltd. | FMCG | Equity | 22.4% |
| Hindustan Unilever Ltd. | FMCG | Equity | 18.4% |
| Colgate-Palmolive (India) Ltd. | FMCG | Equity | 4.4% |
| Nestle India Ltd. | FMCG | Equity | 4.3% |
| Britannia Industries Ltd. | FMCG | Equity | 4.2% |
| Dabur India Ltd. | FMCG | Equity | 3.9% |
| United Breweries Ltd. | FMCG | Equity | 3.8% |
| Marico Ltd. | FMCG | Equity | 3.5% |
| United Spirits Ltd. | FMCG | Equity | 3.4% |
| Page Industries Ltd. | Textiles | Equity | 3.3% |
ICICI Prudential FMCG Direct Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Atul Patel is the Current Fund Manager of ICICI Prudential FMCG Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹522 Cr and the Latest NAV as of 22 Oct 2020 is ₹247.44.
The ICICI Prudential FMCG Direct Growth is rated 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 long-term capital appreciation through investments predominantly in equity and related securities of FMCG companies. Around 90 per cent of the corpus would be invested in the equities of FMCG companies, with the balance 10 per cent invested in the debt and money market 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.