Hybrid
Direct
Aggressive Allocation
NAV as on 06-09-2024
₹ 416.19
1D
Inception Returns
18.7%
/yr
ICICI Prudential Equity & Debt Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Nikhil Kabra, Mittul Kalawadia, Manish Banthia, Sankaran Naren. This fund gives you the benefit of diversification.
ICICI Prudential Equity & Debt Fund Direct Growth has given a CAGR return of 18.71% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.31%, 23.62% and 24.70% respectively.
ICICI Prudential Equity & Debt Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government, Financial Services, Consumer Cyclical, Utilities, Energy, Health, Industrial, Communication, Consumer Defensive, Tech, Basic Materials, Real Estate.
As it is a aggressive allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
To generate long term capital appreciation and current income from a portfolio that is invested in equity and equity related securities as well as in fixed income securities. However, there is no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Equity & Debt Fund Direct Growth has no lock in period.
Expense ratio | 0.99% |
Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
AUM | ₹39091 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 53.5% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Corporate, Government & Financial Services
ICICI Prudential Equity & Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.11% | 3.11% |
6 Month Returns | 12.54% | 12.54% |
1 Year Returns | 36.31% | 36.31% |
3 Years Returns | 88.92% | 23.62% |
5 Years Returns | 201.48% | 24.7% |
AAA | 65.34 |
AA | 29.2 |
A | 3.64 |