Question 1

How to Invest in ICICI Prudential Monthly Income Plan Direct Plan Growth?

Accepted Answer

You can easily invest in ICICI Prudential Monthly Income Plan Direct Plan Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

Log on to your Groww account
Search for ICICI Prudential Monthly Income Plan Direct Plan Growth from the search box
In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
Once you are done with that, you can start investing in ICICI Prudential Monthly Income Plan Direct Plan Growth as SIP or lumpsum as per your investment objective and risk tolerance

Question 2

What kind of returns does ICICI Prudential Monthly Income Plan Direct Plan Growth provide?

Accepted Answer

The ICICI Prudential Monthly Income Plan Direct Plan Growth has been there from 02 Jan 2013 and the average annual returns provided by this fund is 6.21% since its inception.

Question 3

How much expense ratio is charged by ICICI Prudential Monthly Income Plan Direct Plan Growth?

Accepted Answer

The term Expense Ratio used for ICICI Prudential Monthly Income Plan Direct Plan Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of ICICI Prudential Monthly Income Plan Direct Plan Growth is 1.61% as of 06 Oct 2022...

Question 4

What is the AUM of ICICI Prudential Monthly Income Plan Direct Plan Growth?

Accepted Answer

The AUM, short for Assets Under Management of ICICI Prudential Monthly Income Plan Direct Plan Growth is ₹349.51Cr as of 06 Oct 2022.

Question 5

How to Redeem ICICI Prudential Monthly Income Plan Direct Plan Growth?

Accepted Answer

If you want to sell your ICICI Prudential Monthly Income Plan Direct Plan Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Question 6

Can I invest in SIP and Lump Sum of ICICI Prudential Monthly Income Plan Direct Plan Growth?

Accepted Answer

You can select either SIP or Lumpsum investment of ICICI Prudential Monthly Income Plan Direct Plan Growth based on your investment objective and risk tolerance.

Question 7

What is the NAV of ICICI Prudential Monthly Income Plan Direct Plan Growth?

Accepted Answer

The NAV of ICICI Prudential Monthly Income Plan Direct Plan Growth is ₹49.78 as of 25 May 2018.

Question 8

What is the PE and PB ratio of ICICI Prudential Monthly Income Plan Direct Plan Growth?

Accepted Answer

The PE ratio ratio of ICICI Prudential Monthly Income Plan Direct Plan Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

NAV: 25 May 2018	₹49.78
Min. SIP amount	Not Supported

	1Y	3Y	5Y	All
Fund returns	6.2%	8.2%	9.8%	NA
Category average	2.4%	7.5%	6.0%	NA
Rank with in category	NA	NA	NA	NA

Name	Sector	Instrument	Assets
Tata Steel Ltd.	Metals	Debenture	14.3%
IDBI Bank Ltd.	Financial	Bonds	9.9%
East West Pipeline Ltd.	Energy	Bonds/NCD	7.7%
L&T Finance Ltd.	Financial	CP	7.3%
Housing Development Finance Corpn. Ltd.	Financial	CP	7.2%
Jamnagar Utilities and Power Pvt. Ltd.	Engineering	Debenture	6.0%
Magma Fincorp Ltd.	Financial	PTC	4.9%
GOI	Sovereign	CGL	4.3%
Indian Hotels Co. Ltd.	Services	Debenture	3.0%
HDFC Bank Ltd.	Financial	Equity	3.0%

Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rank (total assets)	#3 in India
Total AUM	₹4,70,643.89Cr

ICICI Prudential Monthly Income Plan Direct Plan Growth

Return calculator

Returns and rankings

Holdings (30)

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 1.61%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund house & investment objective

Investment Objective

Fund house contact details

Compare funds

Rating	3
Fund size	₹349.51Cr

ICICI Prudential Monthly Income Plan Direct Plan Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (30)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 1.61%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund house & investment objective

Fund house contact details

Compare funds