ICICI Prudential PSU Equity Fund - Growth

ICICI Prudential PSU Equity Fund - Growth is a scheme launched by ICICI Mutual Fund on September 12, 2022, and falls under the PSU Themes fund category. It currently manages an AUM of Rs 1,967.12 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 5000. It charges an expense ratio of 2.06% for managing the portfolio.

• Investing Strategy:

  The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of Public Sector Undertakings (PSUs).

• Performance:

  ICICI Prudential PSU Equity Fund - Growth trailing returns over different times are -6.2% (1 year), 26.55% (3 year) and 0% (5 year). The average annual return of this fund stands at 1.86%.