ICICI Prudential Equity Income Fund - New Fund Offer
Download Tax Saving Mutual Fund Application Forms
Invest In Tax Saving Mutual Funds Online
Leave a missed Call on
94 8300 8300
The launch of our unique open ended equity fund that aims to provide regular income and capital appreciation with equity taxation.
At the outset of recent changes in debt taxation in the budget, hybrid funds that work on asset allocation model have seen huge appetite from investors. We believe this is the right time to introduce a fund like ICICI Prudential Equity Income Fund to the investors. This fund aims to address the investment need of conservative investors in a tax efficient manner. It is an open ended equity oriented fund that invests across equities, fixed income and arbitrage opportunities.
Unique Structure of the fund:
Key Advantages of the Fund:
Regular Income : Significant portion will be invested in debt securities and equity arbitrage opportunities.
Growth Potential : Potential for capital appreciation through moderate participation in equities.
Dynamic Equity allocation : The net long equity exposure will be low when market valuations are expensive and vice-versa.
Tax Efficient Returns : As the gross equity exposure will be greater than 65%, it will attract equity taxation*.
*Equity Taxation – Dividend income tax free; Capital gains – for more than 1 year – exempt; less than 1 year– 15%. Tax rates given are basis prevailing tax laws.
Tax Efficiency Illustration:
About the fund
ICICI Prudential Equity Income Fund is an open ended equity fund that aims to:
- To generate regular income through investments in fixed income securities and
- To generate long-term capital appreciation by investing a portion of the Scheme's
Scheme Features
Type of scheme | An open ended equity scheme |
Plans | Direct Plan and Regular Plan |
Options | Cumulative, AEP Option(Appreciation and Regular) and Dividend (Reinvestment & Payout Option) |
Dividend Frequencies | Monthly, Quarterly and Half Yearly |
Minimum Application Amount | Rs.5,000/- plus in multiple of Rs.1 |
Minimum Additional Application Amount | Rs. 1,000/- plus multiple of Re. 1 |
Minimum Redemption Amount | Rs. 500/- and in multiple of Re. 1 |
Exit Load | For investments upto 18 months – 1% of applicable NAV |
Benchmark Index | 30% CNX Nifty + 40% CRISIL Liquid Fund Index + 30% CRISIL Short Term Bond Fund Index |
Fund Manager* | Equity Portion - S.Naren and Chintan Haria Debt Portion - Manish Banthia |
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
Leave a missed Call on 94 8300 8300
Leave your comment with mail ID and we will answer them
OR
You can write back to us at
PrajnaCapital [at] Gmail [dot] Com
---------------------------------------------
Invest Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs
Download Mutual Any Fund Application Forms
---------------------------------------------
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Franklin India Bluechip
- ICICI Prudential Top 100 Fund
B. Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Birla Sun Life Front Line Equity Fund
- Franklin India Prima
C. Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Birla Sun Life Dividend Yield Plus
- SBI Emerging Businesses Fund
- HDFC Mid-Cap Opportunities Fund
- ICICI Prudential Discovery Fund
D. Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Franklin India Smaller Companies
E. Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- ICICI Prudential Banking and Financial Services Fund
F. Tax Saver Mutual Funds Invest Online
1. ICICI Prudential Tax Plan
2. HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
G. Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
- Birla Sun Life Gold
H. International funds Invest Online
1. Birla Sun Life International Equity Plan A
2. DSP BlackRock US Flexible Equity
3. FT India Feeder Franklin US Opportunities
4. ICICI Prudential US Bluechip Equity
5. Motilal Oswal MOSt Shares NASDAQ-100 ETF
Popular Posts
-
Buy Gold Mutual Funds Invest Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Call 0 94 83...
-
Invest Birla Sun Life Debt Funds Online Scheme The Average Maturity Of Complete Portfolio YTM Mark to Mkt Modified ...
-
Bajaj Allianz Life has launched Young Assure, a non-linked, participating plan to help people fund their children's education....
-
Buy Gold Mutual Funds Invest Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Call 0 94 8300 83...
-
Birla Sun Life Mutual Fund has announced dividend under the dividend option of Birla Sun Life MNC Fund. The quantum of dividend shall b...
-
Invest Mutual Funds Online Download Mutual Fund Application Forms Buy Gold Mutual Funds Gold Savings Funds An int...
-
Top SIP Funds Online Mirae Asset Focused Fund (MAFF ) is a new fund from the stable of Mirae Asset Mutual Fund. It is an open-ended ...
-
Top SIP Funds Online The government of India has paved the way for the launch of India's first corporate bond ETF called as Bharat B...
-
Buy Gold Mutual Funds Invest Mutual Funds Online Download Mutual Fund Application Forms Call 0 94 8300 8300...
-
Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Ca...
Posts
0 comments:
Post a Comment