ICICI Prudential Savings Fund - Growth

292.5928

( NAV change from the previous, NAV as on 11/11/2019 )

Launch Date

2002-09-27 00:00:00.0

AUM

NA
(as on date NA)

Benchmark

NIFTY Low Duration Debt TRI

Fund Manager

Rohan Maru and Rahul Goswami

Risk: Moderately Low

ICICI Prudential Savings Fund Overview

ICICI Prudential Savings Fund is low duration debt fund. Earlier ICICI Prudential Savings Fund was named ICICI Prudential Flexible Income Plan. The investment objective of ICICI Prudential Savings Fund is to maintain a balance between safety, yield, and liquidity in such a manner thatMacaulay duration of the portfolio ranges from 6 months to 12 months. The goal of ICICI Prudential Savings Fund is to yield a stable return and also short term savings. ICICI Prudential Savings Fund is managed by Rohan Maru and Rahul Goswami. You can easily go for ICICI Prudential Savings Fund apply online for a smooth investment experience. You can study ICICI Prudential Savings Fund performance before investing in it. Moreover you can invest in this fund based on ICICI Prudential Savings Fund portfolio.

Eligibility Criteria to invest in ICICI Prudential Savings Fund

  • Individual should have Indian citizenship
  • Partner(s) of Partnership Firms
  • Minor through a parent or any legal guardian
  • Companies
  • Non-resident Indians/Persons of Indian origin residing abroad
  • Foreign Institutional Investors
  • Societies
  • Association of Persons
  • Karta of Hindu Undivided Family
  • Financial Institutions and Investment Institutions
  • Trusts

Documents Required for ICICI Prudential Savings Fund

Here is the list of the documents required for ICICI Prudential Savings Fund-

  • PAN Card
  • Residential Proof
  • Duly filled application form
  • ID Proof- AADHAR Card, Voter ID Card
  • Declaration of 3rd party (for minors)
  • Passport size Photographs
  • KYC Acknowledgment

Advantages of ICICI Prudential Savings Fund

  • ICICI Prudential Savings Fund investments is very user-friendly. You can either invest a lump sum amount at one go. Or else, you can via SIP, where you can invest a small amount on a monthly basis without hurting your pocket.
  • When you opt for ICICI Prudential Savings Fund apply online, you can check the fund’s performance up to 10 years.
  • ICICI Prudential Savings Fund growth plan is directly under the rules and regulation of SEBI. So, you need not have to worry about your invested money.
  • You can invest or redeem ICICI Prudential Savings Fund growth plan whenever needed. So, ICICI Prudential Savings Fund offers a high degree of liquidity.
  • ICICI Prudential Savings Fund investment involves low transaction cost is very pocket-friendly.
  • Expert fund managers manage the investment of ICICI Prudential Savings Fund investment by going intensive market research. So, your invested amount will generate a stable return and minimize the risk.
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