ICICI Prudential Value Discovery Direct Dividend is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Mrinal Singh is the Current Fund Manager of ICICI Prudential Value Discovery Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹15,372 Cr and the Latest NAV as of 23 Aug 2019 is ₹44.5.
The ICICI Prudential Value Discovery Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 1000. Exit load of 1% if redeemed within 12 months.
Investment Objective
To generate returns through a combination of dividend income and capital appreciation by investing primarily in a well-diversifiedportfolio of value stocks.
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)
₹1000
Min for First Investment
₹500
Min for Second Investment
Exit load of 1% if redeemed within 12 months
Exit Load