1 Year Return
as 22nd Jan 2020
Min. SIP Amount
Profit (absolute return)
Min Lumpsum Amount
1.00% if redeemed within 12 months.
|Fund Managers||Mrinal Singh, Priyanka Khandelwal|
|Legal Structure||Open Ended Investment Company|
|Risk Level||Moderately High risk|
|Sun Pharmaceuticals Industries Ltd||8.38%|
|Bharti Airtel Ltd||5.09%|
It is an open-ended scheme, which aims to generate returns by investing in a well-diversified portfolio of value stocks.
It is a fund, which mainly invest in companies at fair or below intrinsic value.
The risk is lower as compared to the benchmark.
The scheme has beaten the benchmark category over 5-year and 10-year time period.
But it has underperformed in both counts of 1-year and 3-year.
) Inception/ Launch Date:
The scheme was launched by ICICI Prudential Mutual Fund on 16 August 2004. It is benchmarked against S&P BSE 500 TRI Index.
ii) Risk Level:
The scheme has moderately high risk. So, an investor should stay invested for longer time periods in order to get the benefit. The fund bears a slight risk of underperforming in momentum and growth-oriented market.
The minimum redemption amount is Rs 500.
iv) Fund Manager:
The fund is managed by Mr. Mrinal Singh, who has managed the fund since 2011.
V) Exit Load:
There will be 1% exit load, if the units are redeemed within 1 year from the date of allotment. But there is no exit load after 1 year. There is no entry load is managed by the scheme.
It is mainly a joint venture between ICICI Bank and Prudential PLC. Prudential PLC is the largest player in the UK financial Sector. It is one of the leading asset management companies in the world.