MFDirect · IDCW

ICICI Prudential Equity Savings Fund - Series 1 - Dividend - Direct Plan

Large Cap FundEquity - Large Cap FundBenchmark: NIFTY 100
NAV · 22 Feb 2017₹12.480.00%
AUM₹73 Crfrom this fund's primary plan
Expense Ratio2.00%
CAGR
Exit LoadNil
Min SIP
Launched2014

Investment Objective

The primary investment objective of the Scheme is to seek to generate capital appreciation, from a portfolio that is constituted of equity securities which are specified as eligible securities for Rajiv Gandhi Equity Savings Scheme (RGESS). The Scheme may also invest a certain portion of its corpus in money market instruments from time to time. There can be no assurance that the investment objective of the Scheme will be realized.

Fund Mandate

Equity securities specified as eligible securities for RGESS95%–100%
MMI having residual maturity upto 91 days, including CBLO0%–5%
Fund Managers
MG
Manish Gunwani
Fund Manager
Key Information
2.00%
₹5,000
Nil
Nil
Inception24 Feb 2014
AMC
Top Holdings

Portfolio holdings not disclosed for this fund yet.

Trailing Returns
PeriodReturns
1 Day0.00%
Risk Metrics

Risk metrics are not available for this fund.

Fees
2.00%
Nil
Nil
₹5,000
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme