ICICI Prudential Long Term Wealth Enhancement Fund Dividend is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 22 Mar 2018. S Naren, Rajat Chandak is the Current Fund Manager of ICICI Prudential Long Term Wealth Enhancement Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹44 Cr and the Latest NAV as of 24 Jan 2020 is ₹11.80.
The ICICI Prudential Long Term Wealth Enhancement Fund Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Nil.
The scheme seeks to generate long term capital appreciation from a portfolio that is Invested predominantly in equity and equity related securitiesThe Scheme is a ten year close ended equity linked savings scheme that seeks to generate long-term capital appreciation to unit-holders from a portfolio that is invested predominantly in equity and equity related securities of large capitalization companies and emerging mid cap companies along with income tax benefit.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment