ICICI Prudential PSU Equity Fund Direct Growth

Equity
Thematic
Very High Risk
Launch date23 Aug 2022
Allotment date09 Sep 2022
End date06 Sep 2022
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.88%

Inclusive of GST

Exit load

Exit Load 1% if redeem before 1 month from the date of allotment.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100

Fund management

Antariksha Banerjee
Aug 2025 - Present
View details

Education
PGDM (MBA) S. P. Jain Institute of Management & Research, Mumbai
Experience
He joined ICICI Prudential AMC, he has been part of the Research team of the AMC.
Also manages these schemes

Fund house & investment objective

Rank (total assets)#3 in India
Total AUM₹10,89,372.83Cr
Date of Incorporation12 Oct 1993

ICICI Prudential PSU Equity 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. Anand Sharma is the Current Fund Manager of ICICI Prudential PSU Equity Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹10,89,373 Cr and the Latest NAV as of 18 Dec 2025 is ₹21.59. The ICICI Prudential PSU Equity Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹5,000. Exit Load 1% if redeem before 1 month from the date of allotment. ;

Investment Objective

The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of Public Sector Undertakings (PSUs). ;

Fund benchmarkBSE PSU Total Return Index

Fund house contact details

Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
NA
Launch Date
12 Oct 1993
E-mail
NA