ICICI Prudential Sensex Index Fund (Growth)

About the Fund

ICICI Prudential Sensex Index Fund Growth is a Index Funds Equity fund and has delivered an annualised return of 0.0% over a period of 5 years. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers names are Kayzad Eghlim. The objective of the Scheme is to invest in companies whose securities are included in S&P BSE Sensex Index and subject to tracking errors,to endeavor to achieve the returns of the above index as closely as possible. This would be done by investing in all the stocks comprising the S&P BSE Sensex Index in approximately the same weightage that they represent in S&P BSE Sensex Index. The Scheme will not seek to outperform the S&P BSE Sensex Index or to underperform it. The objective is that the performance of the NAV of the Scheme should closely track the performance of the S&P BSE Sensex Index over the same period. However,there can be no assurance that the investment objective of the Scheme will be realized. The fund charges 0.30000%. The minimum SIP amount for this is ₹1000. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000.