How many types of mutual funds are there?

There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds

What are the benefits of investing in funds?

Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.

Who gets your money in mutual funds?

The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.

Do mutual funds generate income?

Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.

ISIF EQUITY EX TOP 100 LONG SHORT FUND REGULAR PLAN GROWTH - Investment Information

Equity
Others Sector
Status: Open

About This Fund

ISIF EQUITY EX TOP 100 LONG SHORT FUND REGULAR PLAN GROWTH Investment Objective: To generate capital appreciation in the long term by predominantly investing in equity and equity-related securities of Ex–Top 100 companies.

Investment Details

Fund size

₹1,089.73 Cr.

Min. Investment

₹10,00,000

Min. Sip Inv.

₹10,00,000

Min. Addl Inv.

₹10,000

Expense Ratio

Turn over

Exit Load

1% of the applicable Net Asset Value (NAV) – if the amount sought to be redeemed or switched out within 12 months from the date of allotment.NIL – if the amount sought to be redeemed or switched out after 12 months from the date of allotment.

Basic Details

AMC Information

All Funds from ICICI

AMC

ICICI Prudential Mutual Fund

enquiry@icicipruamc.com

Office No

022-26525000

Website

https://www.icicipruamc.com

Address

One BKC, 13th Floor, Bandra Kurla Complex, Mumbai 400051

All Funds from ICICI

Monthly SIP

One Time

Lumpsum Amount

₹

ISIF EQUITY EX TOP 100 LONG SHORT FUND REGULAR PLAN GROWTH

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Everything You Need To Know To Get Started With Confidence

In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.