Fund Details
ICICI Prudential India Equity FOF Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | N.A |
| Expense Ratio | 0.16% |
| NAV | ₹13.20 (16 Apr 2021) |
|---|---|
| Fund Started | 25 Feb 2020 |
| Fund Size | ₹26 Cr |
Returns
Comparison
1. Lower expense ratio - 0.16%
1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
2. Age is less than 5 years
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Prudential India Opportunities Fund Direct - Growth | Financial | Mutual Fund | 20.0% |
| CPSE Exchange Traded Fund | Financial | Mutual Fund | 19.4% |
| Parag Parikh Flexi Cap Fund Direct-Growth | Financial | Mutual Fund | 13.8% |
| ICICI Prudential Smallcap Fund Direct Plan-Growth | Financial | Mutual Fund | 9.9% |
| SBI Contra Direct Plan-Growth | Financial | Mutual Fund | 9.8% |
| ICICI Prudential Dividend Yield Equity Fund Direct-Growth | Financial | Mutual Fund | 9.6% |
| Quantum Long Term Equity Value Fund Direct-Growth | Financial | Mutual Fund | 9.4% |
| Franklin India Equity Advantage Fund Direct-Growth | Financial | Mutual Fund | 5.8% |
Fund Managers
ICICI Prudential India Equity FOF Direct IDCW Details
ICICI Prudential India Equity FOF Direct IDCW is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 25 Feb 2020. Dharmesh Kakkad is the Current Fund Manager of ICICI Prudential India Equity FOF Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹26 Cr and the Latest NAV as of 16 Apr 2021 is ₹13.20.
The ICICI Prudential India Equity FOF Direct IDCW is rated Very High risk. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months.
Investment Objective
The Scheme seeks to generate returns by predominantly investing in one or more mutual fund schemes /ETFs (managed by ICICI Prudential Mutual Fund or any other Mutual Fund(s)) which invest in equity and equity related securities.
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.
