ICICI Prudential Nifty Index Direct Plan Growth is a Others Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Kayzad Englim is the Current Fund Manager of ICICI Prudential Nifty Index Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹508 Cr and the Latest NAV as of 20 Jan 2020 is ₹121.88.
The ICICI Prudential Nifty Index Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
An open-ended index linked growth scheme seeking to track the returns of the S&P CNX Nifty index through investment in a basket of stocks drawn from the constituents of the Nifty.
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment