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ICICI Prudential Equity Savings Fund (Dividend Reinvestment - Monthly)

Hybrid

Equity Savings

₹ 10.84

NAV (OCT 20)

Scripbox Opinion

Neutral

Click here for top ranked funds in equity savings mutual funds.

However, Scripbox does not recommend investing in equity savings mutual funds.

Equity Savings funds are primarily equity funds with a small exposure of minimum 10% to debt instruments. These funds are close to equity funds in terms of market linked fluctuations. It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class

Our analysis of this fund Learn how we rate funds ->
Our analysis of this fund Learn how we rate funds ->

Track Record

5 Years

The fund has relatively moderate history for analysis. We recommend funds with longer history.

Relative Size

1,141 Cr

Large within the category

Category View

Relatively Poor

The category has a relatively poor investment outlook

Consistency Of Performance

Relatively moderate

The historical performance of the fund has been OK.

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Historical NAV

10.84

NAV (OCT 20)

SIP Calculator

Investing Duration 5 years

Total Investment

Wealth Gained

Total Corpus Created

With assumed returns of 11.25%
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Scheme Information

Investment Objective

The Scheme seeks to generate regular income through investments in fixed income securities and using arbitrage and other derivative strategies. The Scheme also intends to generate long-term capital appreciation by investing a portion of the Scheme's assets in equity and equity related instruments. However there can be no assurance that the investment objectives of the scheme will be realized

Low

Moderately Low

Moderate

Moderately High

High

Moderately High risk

0.0%

Expense Ratio

5th Dec, 2014

Launched (5y ago)

₹ 1,141

AUM in Crores

INF109KA18I6

No Lock-in

Nifty Equity Savings Index TR

Benchmark

₹ 1000

SIP Minimum

₹ 5000

Lumpsum Min.

Fund Managers

Dharmesh Kakkad

Fund Manager

Kayzad Eghlim

Fund Manager

Manish Banthia

Fund Manager

Prakash Goel

Fund Manager

Priyanka Khandelwal

Fund Manager

Sankaran Naren

Fund Manager

Returns Calculator Comparison

of

for

Instrument Returns Total Corpus Gains Annualised %
Mutual Fund 70% 11.25%
EPF 70%
Property 70%
PPF 70%
Bank FD 70%
Gold 70%
Savings Bank 70%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 21st October 2020

Top Stock Holdings

Net Current Assets

29%

Infosys Ltd

6%

Bharti Airtel Ltd

6%

Icici Bank Limited

5%

Icici Bank Ltd

4%
See all holdings
allocation by market cap

Allocation by Sector

Financial Services

14%

Technology

11%

Basic Materials

9%

Communication Services

8%

Consumer Defensive

6%
See all sectors

Comparison with Hybrid Funds

Build Long Term Wealth

Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have

  • Indicative returns of 9.00% annually
  • Recommended Duration 1-5 years
  • No Lock-in
  • Expert investing only
  • One-click investing and tracking
  • Zero fees for all your investments

SIP Calculator

Investment Duration 5 years

₹12,37,295

Total Investment

₹12,37,295

Wealth Gained

₹12,37,295

Total Corpus Created

With assumed returns of 11.25%
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How does Scripbox rate funds?

Proprietary system to rate mutual funds

We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

What Scripbox recommendations mean?

Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.

Top Ranked

These funds are the top performers within a category of mutual funds considering a combination of criteria. The best amongst these funds are also labelled as Scripbox Recommended.

Scripbox algorithm classifies funds as "not recommended" when they perform poorly on a combination of criteria. These funds are usually the poorest performers within a category.

calender

Track Record

We look at consistent and long historical performance for our analysis

calender

Relative Size

We look at the size of the fund with respect to other funds in the category. Larger funds are preferred

calender

Category View

We check if the sub-category of the fund is recommended by us

calender

Consistency Of Performance

Consistency of performance over various tenures is analysed for a relative performance stack

calender

Track Record

We look at consistent and long historical performance for our analysis

calender

Relative Size

We look at the size of the fund with respect to other funds in the category. Larger funds are preferred

calender

Impact of Interest Rates

We check the relative interest rate risk of the sub-category of the fund. Lower the better

calender

Credit Quality Of Fund’s Portfolio

We check the relative interest rate risk of the sub-category of the fund. Lower the better

Equity Funds

Debt Funds

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About ICICI Prudential Equity Savings Fund (Dividend Reinvestment - Monthly)

About ICICI Prudential Equity Savings Fund (Dividend Reinvestment - Monthly)

ICICI Prudential Equity Savings Fund (Dividend Reinvestment - Monthly) is a Equity Savings Hybrid fund and has delivered an annualised return of 5.96% over a period of 5 years. The fund was previously known as ICICI Pru Equity Income Mn DR. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Dharmesh Kakkad, Kayzad Eghlim, Manish Banthia, Prakash Goel, Priyanka Khandelwal, Sankaran Naren.

ICICI Prudential Equity Savings Fund (Dividend Reinvestment - Monthly) Investment Objective

The Scheme seeks to generate regular income through investments in fixed income securities and using arbitrage and other derivative strategies. The Scheme also intends to generate long-term capital appreciation by investing a portion of the Scheme's assets in equity and equity related instruments. However there can be no assurance that the investment objectives of the scheme will be realized However, there is no assurance that the objective of the scheme will be realized.

ICICI Prudential Equity Savings Fund (Dividend Reinvestment - Monthly) NAV, AUM and Risk

The fund was launched on 2014-12-05. The NAV of the fund as of 2020-10-20 is ₹ 10.84. The total AUM of the fund as of 2020-10-20 is ₹ 1,141 Cr. The category risk of the fund is Moderately High risk

The fund charges 0.0 % as expense ratio.

ICICI Prudential Equity Savings Fund (Dividend Reinvestment - Monthly) Holdings

The fund’s highest allocation is towards others and has invested 44.07% in this asset class. The top three holdings of the fund are net current assets, infosys ltd and bharti airtel ltd.

ICICI Prudential Equity Savings Fund (Dividend Reinvestment - Monthly) SIP

The minimum SIP(Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.

ICICI Prudential Equity Savings Fund (Dividend Reinvestment - Monthly) Investment volatility and Horizon

This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty Equity Savings Index TR.