ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth+0.33%

3Groww
-9.41%
1 Year Return
Equity
ELSS
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth

RiskHigh
Min SIP AmountNot Supported
Expense Ratio1.41%
NAV39.07 (20 Sep 2019)
Fund Started26 Sep 2009
Fund Size41 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth
-9.4%
6.3%
8.1%
14.6%
Category Average
-12.5%
6.8%
11.9%
-
Rank within category
12
3
3
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -9.4% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity13.3%
    ITC Ltd.FMCGEquity8.7%
    Motherson Sumi Systems Ltd.AutomobileEquity6.4%
    Housing Development Finance Corpn. Ltd.FinancialEquity6.3%
    City Union Bank Ltd.FinancialEquity6.3%
    ICICI Bank Ltd.FinancialEquity5.1%
    Axis Bank Ltd.FinancialEquity5.1%
    State Bank of IndiaFinancialEquity4.8%
    Britannia Industries Ltd.FMCGEquity4.3%
    Tech Mahindra Ltd.TechnologyEquity3.5%
    See All

    Fund Managers

    addSankaran Naren
    Education
    Mr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata.
    Experience
    Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.
    Funds Managed
    addRajat Chandak
    Education
    Mr. Chandak is a B.Com (H) and MBA.
    Experience
    He has been associated with ICICI Prudential AMC since 2008.
    Funds Managed
    addPriyanka Khandelwal
    Education
    Ms. Khandelwal is Chartered Accountant and Company Secretary
    Experience
    She has been Working with ICICI Prudential Mutual Fund Since October 2014.
    Funds Managed

    Other 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 introduced 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.The fund currently has an Asset Under Management(AUM) of ₹41 Cr and the Latest NAV as of 20 Sep 2019 is ₹39.07.

    The ICICI Prudential Rewards of Investing and Generation of Healthy Tax Savings Fund Growth is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Entry load of 2.25% for investment less than Rs.5 crores..

    Investment Objective

    ICICI Prudential R.I.G.H.T. Fund (Rewards of Investing and Generation of Healthy Tax Savings) is a ten year close-ended equity linked savings scheme that seeks to generate long-term capital appreciation to unit-holders from a portfolio that is invested predominantly in equity and equity related securities of large capitalization companies and emerging mid cap companies along with income tax benefit. The investment policies shall be framed in accordance with SEBI (Mutual Funds) Regulations, 1996 and rules and guidelines for Equity Linked savings Scheme (ELSS), 2005 (and modifications to them). However, there can be no assurance that the investment objective of the Scheme will be realized.

    Tax Implications

    Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹0
    Min for Second Investment
    Entry load of 2.25% for investment less than Rs.5 crores.
    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
    12 Oct 1993
    ICICI Prudential Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
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    + ₹1,000
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