Fund Details
ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth
| Risk | High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.41% |
| NAV | ₹39.09 (26 Sep 2019) |
|---|---|
| Fund Started | 26 Sep 2009 |
| Fund Size | ₹41 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 3Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 13.3% |
| ITC Ltd. | FMCG | Equity | 8.7% |
| Motherson Sumi Systems Ltd. | Automobile | Equity | 6.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 6.3% |
| City Union Bank Ltd. | Financial | Equity | 6.3% |
| ICICI Bank Ltd. | Financial | Equity | 5.1% |
| Axis Bank Ltd. | Financial | Equity | 5.1% |
| State Bank of India | Financial | Equity | 4.8% |
| Britannia Industries Ltd. | FMCG | Equity | 4.3% |
| Tech Mahindra Ltd. | Technology | Equity | 3.5% |
Fund Managers
ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth Details
ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 26 Sep 2009. S Naren, Rajat Chandak is the Current Fund Manager of ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹41 Cr and the Latest NAV as of 26 Sep 2019 is ₹39.09.
The ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth is rated High risk. Minimum SIP Investment is set to 500. Entry load of 2.25% for investment less than Rs.5 crores.
Investment Objective
The fund will take a long-term approach to investing. It will invest in large-cap and emerging mid-cap companies picked through a bottom-up approach. The research process will include intensive company visits for identifying potential growth companies. The scheme has a tenure of 10 years.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
