ICICI PRUDENTIAL BSE SENSEX INDEX FUND - Cumulative Option

ICICI PRUDENTIAL BSE SENSEX INDEX FUND - Cumulative Option is a scheme launched by ICICI Mutual Fund on September 21, 2017, and falls under the Index fund category. It currently manages an AUM of Rs 1,963.68 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 0.27% for managing the portfolio.

• Investing Strategy:

  to invest in companies whose securities are included in S&P BSE Sensex Index and subject to tracking errors, to endeavor to achieve the returns of the above index as closely as possible. This would be done by investing in all the stocks comprising the S&P BSE Sensex Index in approximately the same weightage that they represent in S&P BSE Sensex Index. The Scheme will not seek to outperform the S&P BSE Sensex Index or to underperform it. The objective is that the performance of the NAV of the Scheme should closely track the performance of the S&P BSE Sensex Index over the same period.

• Performance:

  ICICI PRUDENTIAL BSE SENSEX INDEX FUND - Cumulative Option trailing returns over different times are 5.75% (1 year), 11.89% (3 year) and 14.6% (5 year). The average annual return of this fund stands at 10.17%.