ICICI Prudential Quant Fund Growth

ICICI Prudential Quant Fund Growth is a scheme launched by ICICI Mutual Fund on December 11, 2020, and falls under the Best SIP fund category. It currently manages an AUM of Rs 138.58 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 1000. It charges an expense ratio of 1.96% for managing the portfolio.

• Investing Strategy:

  To generate long-term capital appreciation by predominantly investing in equity and equity related instruments selected based on a quantitative model

• Performance:

  ICICI Prudential Quant Fund Growth trailing returns over different times are 5.7% (1 year), 17.02% (3 year) and 0% (5 year). The average annual return of this fund stands at 6.87%.