ICICI Prudential Savings Fund - Growth

ICICI Prudential Savings Fund - Growth is a fund scheme from ICICI mutual fund. It falls under a Low Duration category. After being launched on 2002-09-27. ICICI Prudential Savings Fund - Growth has achieved Rs 22337.17 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 100 and lumpsum of Rs 100 to start the investment. The expense ratio of this fund is 0.53%.

• Investing Strategy:

  To generate income through investments in a range of debt and money market instruments while maintaining the optimum balance of yield, safety and liquidity. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

• Performance:

  ICICI Prudential Savings Fund - Growth trailing returns over different times are 8.18% (1 year), 7.35% (3 year), 6.74% (5 year). The average annual return of this fund stands at 8.18%

• Fund Manager & Portfolio Allocation:

  Rohan Maru, Darshil Dedhia are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as , Sectors. First five holdings of this fund are 7.93% Govt Stock 2033, 7.3% Govt Stock 2028, LIC Housing Finance Limited, National Bank For Agriculture And Rural Development, 7.53% Govt Stock 2034, HDFC Bank Limited, Treps, Net Current Assets, Indusind Bank Ltd., Panatone Finvest Limited Companies.