ICICI Prudential Index Fund - Institutional Option I
Investment Objective
The scheme aims to closely track the performance of S&P CNX Nifty Index by investing in almost all the stocks and in approximately the same weightage that they represent in the index.
Fund Mandate
Portfolio holdings not disclosed for this fund yet.
ICICI Prudential Index Fund - Institutional Option I Latest News
Risk metrics are not available for this fund.
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.