ICICI Prudential Corporate Bond Fund Direct Plan Dividend Fortnightly is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 15 Jan 2013. Rahul Goswami, Rohan Maru, Chandni Gupta is the Current Fund Manager of ICICI Prudential Corporate Bond Fund Direct Plan Dividend Fortnightly.The fund currently has an Asset Under Management(AUM) of ₹9,146 Cr and the Latest NAV as of 22 Oct 2019 is ₹12.09.
The ICICI Prudential Corporate Bond Fund Direct Plan Dividend Fortnightly is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
It is an open-ended income fund that intends to generate regular income through investments in a basket of debt and money market instruments of very short maturities with a view to providing reasonable returns, while maintaining an optimum balance of safety, liquidity and yield. However, there can be no assurance that the investment objective of the scheme will be realized.
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)
Min for First Investment
Min for Second Investment