ICICI Prudential Regular Savings Fund - Growth
( NAV change from the previous, NAV as on 15/04/2024 )
Return Since Launch
NA
Launch Date
2004-03-30 05:30:00.0
AUM
NA
(as on date NA)
Benchmark
NIFTY 50 Hybrid Composite Debt 15:85
Fund Manager
For Equity part- Rajat Chandak
For Debt part- Manish Banthia
Risk: Moderately High
ICICI Prudential Regular Savings Fund Overview
ICICI Prudential Regular Savings Fund is a hybrid scheme under conservative hybrid category. Formerly ICICI Prudential Regular Savings Fund was named ICICI Prudential MIP 25. ICICI Prudential Monthly Income Plan (MIP) has been merged with ICICI Prudential MIP 25 and the same has been renamed as ICICI Prudential Regular Savings Fund with effect from May 28, 2018. The investment objective of ICICI Prudential Regular Savings Fund is to generate medium to long term regular income. The investment aim of ICICI Prudential Regular Savings Fund is to invest in both equity and debt markets. Under ICICI Prudential Regular Savings Fund investment, the returns from equity investments helps to generate long term capital. Rajat Chandak (equity part) and Manish Banthia (debt part) efficiently manages ICICI Prudential Regular Savings Fund growth plan. You can go for ICICI Prudential Regular Savings Fund apply online to have a hassle free investment experience. To get full information regarding this fund, you can easily check out ICICI Prudential Regular Savings Fund portfolio and ICICI Prudential Regular Savings Fund performance.
Eligibility Criteria to invest in ICICI Prudential Regular Savings Fund
- Individual must be an Indian Citizen
- Individuals residing abroad with Indian origin or NRI
- Karta of Hindu Undivided Family
- Minor through any parent or legal guardian
- Partner(s) of Partnership Firms.
- Foreign Institutional Investors
- Companies
- Societies
- Both Investment and Financial Institutions
- Trusts
- Association of Persons
Documents Required for ICICI Prudential Regular Savings Fund
The documents that are required for ICICI Prudential Regular Savings Fund are-
- Passport size photographs
- PAN Card
- Declaration of 3rd party (for minors)
- Identification Proof- Voter ID Card, Driving License, AADHAR Card
- Duly filled application form
- Address Proof- Any Utility bills like electricity or gas bill, Passport
- KYC Acknowledgment
Advantages of ICICI Prudential Regular Savings Fund
- ICICI Prudential Regular Savings Fund investment offers portfolio diversification. This fund invests in both equity and debt securities.
- Expert professionals efficiently manage ICICI Prudential Regular Savings Fund growth plan investment. So, you will enjoy a stable return with minimized risks.
- ICICI Prudential Regular Savings Fund growth plan yields medium to long term regular income by minimizing the risk factor.
- You can invest a small amount on a monthly basis while investing in ICICI Prudential Regular Savings Fund growth plan.
- With ICICI Prudential Regular Savings Fund apply online, you can easily invest in this fund. You can have a look at ICICI Prudential Regular Savings Fund portfolio and ICICI Prudential Regular Savings Fund performance before investing in it.
- Based on ICICI Prudential Regular Savings Fund NAV, you can get a comprehensive idea on the fund's performance.
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