ICICI Prudential Infrastructure Direct Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. S Naren, Ihab Dalwai is the Current Fund Manager of ICICI Prudential Infrastructure Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹1,142 Cr and the Latest NAV as of 03 Apr 2020 is ₹32.97.
The ICICI Prudential Infrastructure 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.
To provide capital appreciation and income distribution to unitholders by investing predominantly in equity/equity related securities of the companies belonging to infrastructure development and the balance in debt securities and money market instruments including call money.
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