ICICI Prudential Equity Savings Fund - Cumulative option

ICICI Prudential Equity Savings Fund - Cumulative option is a scheme launched by ICICI Mutual Fund on December 05, 2014, and falls under the Equity Savings fund category. It currently manages an AUM of Rs 15,863.4 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 0.96% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  ICICI Prudential Equity Savings Fund - Cumulative option trailing returns over different times are 6.3% (1 year), 8.97% (3 year) and 9.4% (5 year). The average annual return of this fund stands at 5.71%.