| Launch date | NA |
| Allotment date | 22 Jul 2024 |
| End date | NA |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.44%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 3 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹100 |
Fund management
Sankaran NarenJul 2024 - PresentView details
Sharmila D'melloJul 2024 - PresentView details
Nitya MishraJul 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #3 in India |
|---|---|
| Total AUM | ₹7,81,394.30Cr |
| Date of Incorporation | 12 Oct 1993 |
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ICICI Prudential Energy Opportunities Fund Direct Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. Sankaran Naren is the Current Fund Manager of ICICI Prudential Energy Opportunities Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹7,81,394 Cr and the Latest NAV as of 26 Aug 2024 is ₹10.23. The ICICI Prudential Energy Opportunities Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹5,000. Exit load of 1%, if redeemed within 3 months. ;
Investment Objective
The scheme seeks to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies engaging in activities such as exploration, production, distribution, transportation and processing of traditional & new energy including but not limited to industries/sectors such as oil & gas, utilities and power. ;
| Fund benchmark | NIFTY Energy Total Return Index |
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