ICICI Prudential Corporate Bond Fund Dividend Daily is a Debt Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 29 Jul 2009. Rahul Goswami, Rohan Maru, Chandni Gupta is the Current Fund Manager of ICICI Prudential Corporate Bond Fund Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹9,146 Cr and the Latest NAV as of 14 Oct 2019 is ₹10.16.
The ICICI Prudential Corporate Bond Fund Dividend Daily is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
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.
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