| Launch date | 06 May 2025 |
| Allotment date | 23 May 2025 |
| End date | 20 May 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 12 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 | Not Supported |
| Min. for 2nd investment onwards | Not Supported |
| Min. for SIP | Not Supported |
Fund management
Ihab DalwaiMay 2025 - PresentView details
Masoomi JhurmarvalaMay 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #3 in India |
|---|---|
| Total AUM | ₹9,29,537.00Cr |
| Date of Incorporation | 12 Oct 1993 |
|---|
ICICI Prudential Quality 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. Ihab Dalwai is the Current Fund Manager of ICICI Prudential Quality Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,29,537 Cr and the Latest NAV as of 06 May 2025 is ₹10.00. The ICICI Prudential Quality Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Exit load of 1%, if redeemed within 12 months. ;
Investment Objective
The scheme seeks to generate long-term capital appreciation by investing in Equity & Equity related instruments of companies identified based on the Quality Factor. ;
| Fund benchmark | NIFTY 200 Quality 30 Total Return Index |
|---|
Fund house contact details
Vaishnavi Tech Park, South Tower, 3rd Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
Karnataka
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