ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 09 Feb 2019. Mrinal Singh is the Current Fund Manager of ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹57 Cr and the Latest NAV as of 18 Oct 2019 is ₹10.36.
The ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth is rated Moderately High risk. Minimum SIP Investment is . Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
The scheme seeks to generate long-term capital appreciation and income generation to investors from a portfolio that is predominantly invested in equity and equity related securities.
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