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ICICI Prudential Monthly Income Plan Growth+0.34%

5.53%
1 Year Return
Hybrid
Conservative Hybrid
2.0star
6M
1Y
3Y
5Y

Fund Details

ICICI Prudential Monthly Income Plan Growth

RiskModerate
Min SIP AmountNot Supported
Expense Ratio2.27%
NAV₹48.14 (25 May 2018)
Fund Started10 Nov 2000
Fund Size350 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.5%
7.6%
9.1%
8.6%
Category Average
14.2%
7.4%
7.4%
-
Rank Within Category
-
-
-
-
*All returns are annualized.
SIP
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 5.5% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. 10Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.27%
3. 1Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Tata Steel Ltd.MetalsDebenture14.3%
IDBI Bank Ltd.FinancialBonds9.9%
East West Pipeline Ltd.EnergyBonds/NCD7.7%
L&T Finance Ltd.FinancialCP7.3%
Housing Development Finance Corpn. Ltd.FinancialCP7.2%
Jamnagar Utilities and Power Pvt. Ltd.EngineeringDebenture6.0%
Magma Fincorp Ltd.FinancialPTC4.9%
GOISovereignCGL4.3%
Indian Hotels Co. Ltd.ServicesDebenture3.0%
HDFC Bank Ltd.FinancialEquity3.0%
See All

Fund Managers

ICICI Prudential Monthly Income Plan Growth Details

ICICI Prudential Monthly Income Plan Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 10 Nov 2000. Rajat Chandak, Manish Banthia is the Current Fund Manager of ICICI Prudential Monthly Income Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹350 Cr and the Latest NAV as of 25 May 2018 is ₹48.14.

The ICICI Prudential Monthly Income Plan Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Exit load of 1% if redeemed within 1 year

Investment Objective

The scheme seeks to provide reasonable regular returns and long-term capital appreciation with a pre-dominant exposure to debt instruments. Under normal circumstances, 85 per cent of the corpus will be invested in debt instruments while exposure to equities will be at 15 per cent.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Exit load of 1% if redeemed within 1 year
Exit Load

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About ICICI Prudential Mutual Fund

Address
One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
Phone
022-26525000
Launch Date
13 Oct 1993
Website
NA
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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