ICICI Prudential Equity Savings Fund Direct Growth

ICICI Prudential Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. S Naren, Kayzad Englim, Chintan A Haria, Manish Banthia, Prakash Gaurav Goel is the Current Fund Manager of ICICI Prudential Equity Savings Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹7,33,780 Cr and the Latest NAV as of 13 May 2024 is ₹21.69. The ICICI Prudential Equity Savings Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹5,000. For units in excess of 10% of the investment,0.25% will be charged for redemption within 7 days ;

Investment Objective

The Scheme seeks to generate regular income through investments in fixed income securities and using arbitrage and other derivative Strategies. It also intends to generate long-term capital appreciation by investing a portion of the Scheme's assets in equity and equity related instruments. ;