HYBRID FUNDS

ICICI Prudential Equity & Debt Fund
(Formerly known as ICICI Prudential Balanced Fund)

Investment Objective

To generate long term capital appreciation and current income from a portfolio that is invested in equity and equity related securities as well as in fixed income securities.

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • A balanced fund aiming for long term capital appreciation and current income by investing in equity as well as fixed income securities.

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


Key Features

Type

An open ended hybrid scheme investing predominantly in equity and equity related instruments

Plan

ICICI Prudential Equity & Debt Fund and ICICI Prudential Equity & Debt Fund - Direct Plan

Options

Growth, Dividend (Payout and Reinvestment facility available)

Default Option

Growth, Default sub-option is Dividend Reinvestment

Application Amount

Lumpsum - Rs.5,000 (Plus in multiples of Re.1) ; SIP - Rs.100 (Plus in multiples of Re.1)

Min. Additional Investment

Rs.100 (plus in multiples of Re.1)

Entry Load

Not Applicable

Exit Load

• Nil - If upto 10% of units purchased or switched in from another scheme of the Fund are redeemed or switched out within 1 Year from the date of allotment
• 1% of applicable Net Asset Value (NAV)- If more than 10% of units purchased or switched in from another scheme of the Fund are redeemed or switched out within 1 Year from the date of allotment
• Nil - If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 1 Year from the date of allotment
 (w.e.f 10-11-16)

Minimum Redemption Amt.

Rs. 500 or all units where amount is below Rs. 500

Systematic Investment Plan

Available

Systematic Transfer Plan

Available (Flex STP/Value STP also available)

Systematic Withdrawal Plan

Available



Fund Manager

Equity - Mr. Sankaren Naren & Mr. Atul Patel
Debt - Mr. Manish Banthia

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