ICICI Prudential FMCG Direct Growth 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 Growth.The fund currently has an Asset Under Management(AUM) of ₹503 Cr and the Latest NAV as of 17 Jan 2020 is ₹270.15.
The ICICI Prudential FMCG Direct Growth is rated High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 15 days.
Investment Objective
To generate long term capital appreciation through investments made primarily in Fast Moving Consumer Goods sector that are fundamentally strong and have established brands.
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