ICICI Prudential Focused Equity Fund Direct Dividend is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 07 Jan 2013. Mrinal Singh, Mittul Kalawadia is the Current Fund Manager of ICICI Prudential Focused Equity Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹653 Cr and the Latest NAV as of 24 Jan 2020 is ₹24.50.
The ICICI Prudential Focused Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.
Investment Objective
ICICI Prudential Target Returns Fund (An Open Ended Diversified Equity Fund. There is no guarantee or assurance of returns) is an open-ended diversified equity fund that seeks to generate capital appreciation by investing in equity or equity related securities of large market capitalization companies constituting the BSE 100 index and providing investors with options to withdraw their investment automatically based on triggers for preset levels of return as and when they are achieved However, there can be no assurance that the investment objective of the Scheme will be realized.
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
Exit load of 1% if redeemed within 1 year
Exit Load