ICICI Prudential Debt Management Fund (FOF) - Growth

ICICI Prudential Debt Management Fund (FOF) - Growth is a scheme launched by ICICI Mutual Fund on December 18, 2003, and falls under the Domestic Deb FoF fund category. It currently manages an AUM of Rs 110.17 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 0.66% for managing the portfolio.

• Investing Strategy:

  The primary objective of the Scheme is to generate capital appreciation primarily from a portfolio of debt oriented schemes accessed through the diversified investment styles of underlying schemes. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved

• Performance:

  ICICI Prudential Debt Management Fund (FOF) - Growth trailing returns over different times are 7.83% (1 year), 7.58% (3 year) and 6.45% (5 year). The average annual return of this fund stands at 5.61%.