ICICI Prudential Equity Minimum Variance Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 24-12-2024
₹ 9.84
▲0.3%
1D
Inception Returns
/yr
About ICICI Prudential Equity Minimum Variance Fund Direct Growth
ICICI Prudential Equity Minimum Variance Fund Direct Growth is an equity fund. This fund was started on 6 December, 2024. The fund is managed by Vaibhav Dusad. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Equity Minimum Variance Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.
Returns
ICICI Prudential Equity Minimum Variance Fund Direct Growth has given a CAGR return of -1.50% since inception.
Holdings
ICICI Prudential Equity Minimum Variance Fund Direct Growth has allocated its funds majorly in . Its top holdings are
Taxation
As it is a equity - other mutual fund the taxation is as follows: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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of ICICI Prudential Equity Minimum Variance Fund Direct Growth
To generate long term capital appreciation by investing in Equity & Equity related instruments through a diversified basket with an aim to minimize the portfolio volatility.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Equity Minimum Variance Fund Direct Growth has no lock in period.
Historical NAV & Returns
ICICI Prudential Equity Minimum Variance Fund Direct Growth Overview
| Expense ratio | -- |
Benchmark | IISL Nifty 50 TR INR |
| AUM | ₹0 Cr |
| Inception Date | 6 December, 2024 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund 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 |
Frequently Asked Questions for ICICI Prudential Equity Minimum Variance Fund Direct Growth
ICICI Prudential Equity Minimum Variance Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Equity Minimum Variance Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Equity Minimum Variance Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Equity Minimum Variance Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Equity Minimum Variance Fund Direct Growth | - | - | - |