EQUITY FUNDS
Equity Income Fund - Equity Mutual Funds - ICICI Prudential

ICICI Prudential Equity Income Fund

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.

Key Benefits

  • A portfolio with no market cap bias.
  • Seeks to benefit from arbitrage opportunities available in the market.
  • Manages the net equity levels in the range of 20% to 40%

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • An equity scheme that seeks to generate regular income through investments in fixed income securities, arbitrage and other derivative strategies and aim for long term capital appreciation by investing in equity and equity related instruments

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


Key Features

Type

Open-ended Equity Fund

Plan

ICICI Prudential Equity Income Fund & ICICI Prudential Equity Income Fund - Direct Plan

Options

Cumulative option, AEP option (Appreciation and Regular) and Dividend option (Reinvestment and payout facility)

Default Option

Growth, Default sub-option Dividend Reinvestment

Application Amount

Rs.5,000 (plus in multiple of Rs.1)

Min. Additional Investment

Rs.1000 (plus in multiple of Re. 1)

Entry Load

Not applicable.

Exit Load

Upto 10% of units within 1 Year from the date of allotment – Nil
More than 10% of units within 1 Year from the date of allotment – 1% of applicable NAV
After 1 year from the date of allotment – Nil

Minimum Redemption Amt.

Rs. 500 or all units where amount is less than Rs. 500

Systematic Investment Plan

Available

Systematic Transfer Plan

Available (Flex STP/Value STP also available)

Systematic Withdrawal Plan

Available



Fund Manager

Equity: S. Naren, Chintan Haria, Kayzad Eghlim, Prakash Gaurav Goel
Debt: Manish Banthia

mailID