HYBRID FUNDS

ICICI Prudential Equity Savings Fund
(Formerly known as 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.

This product is suitable for investors who are seeking* :

  • Long term wealth creation
  • An open ended scheme that seeks to generate regularincome through investments in fixed income securities,arbitrage and other derivative strategies and aim for longterm capital appreciation by investing in equity and equityrelated instruments.

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


Key Features

Type

An open ended scheme investing in equity, arbitrage and debt.

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

• If units purchased or switched in from another scheme of the Fund are redeemed or switched out within 15 days from the date of allotment - 1% of applicable NAV,
• If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 15 days 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 Portion: Mr. Sankaran Naren,Mr. Kayzad Eghlim,Mr. Prakash Gaurav Goel and Mr. Dharmesh Kakkad

Debt Portion: Mr. Manish Banthia

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