Fund Details
ICICI Prudential Midcap Direct Plan Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.35% |
| NAV | ₹30.79 (25 Jan 2021) |
|---|---|
| Fund Started | 07 Jan 2013 |
| Fund Size | ₹2,155 Cr |
Returns
Comparison
1. Lower expense ratio - 1.37%
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Max Financial Services Ltd. | Financial | Equity | 4.9% |
| Tata Power Co. Ltd. | Energy | Equity | 4.9% |
| Indian Hotels Co. Ltd. | Services | Equity | 4.1% |
| PI Industries Ltd. | Chemicals | Equity | 3.4% |
| Metropolis Healthcare Ltd. | Healthcare | Equity | 3.1% |
| Voltas Ltd. | Cons Durable | Equity | 3.1% |
| Phoenix Mills Ltd. | Construction | Equity | 2.9% |
| Federal Bank Ltd. | Financial | Equity | 2.6% |
| Zydus Wellness Ltd. | FMCG | Equity | 2.5% |
| AIA Engineering Ltd. | Metals | Equity | 2.4% |
Fund Managers
ICICI Prudential Midcap Direct Plan Dividend Details
ICICI Prudential Midcap Direct Plan Dividend is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 07 Jan 2013. Mrinal Singh, Mittul Kalawadia is the Current Fund Manager of ICICI Prudential Midcap Direct Plan Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹2,155 Cr and the Latest NAV as of 25 Jan 2021 is ₹30.79.
The ICICI Prudential Midcap Direct Plan Dividend is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.
Investment Objective
This scheme aims to generate long term capital appreciation by investing in diversified midcap stocks portfolio. It will predominantly invest in companies with market capitalization falling between the lowest and the highest market capitalisation among the constituents of Nifty Midcap 100 Index.
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.
