ICICI Prudential Short Term Fund Direct Plan Dividend Fortnightly is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 04 Jan 2013. Manish Banthia is the Current Fund Manager of ICICI Prudential Short Term Fund Direct Plan Dividend Fortnightly.The fund currently has an Asset Under Management(AUM) of ₹9,645 Cr and the Latest NAV as of 19 Sep 2019 is ₹12.80.
The ICICI Prudential Short Term Fund Direct Plan Dividend Fortnightly is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
Aims to generate income through investments in a basket of debt and money market instruments with a view to provide reasonable returns with low interest risks.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment