About ICICI Prudential Equity & Debt Fund Direct-Dividend Monthly Payout
ICICI Prudential Equity & Debt Fund Direct-Dividend Monthly Payout is a Balanced
mutual fund scheme from ICICI Prudential Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Manish Banthia
, Sankaran Naren
and Atul Patel
. It has an AUM of ₹23,486.80 Crores and the latest NAV decalared is ₹29.580 as on 11 Nov 2019 at 9:00 pm.
ICICI Prudential Equity & Debt Fund Direct-Dividend Monthly Payout scheme return performance in last 1 year is 7.86%, in last 3 years is 35.85% and 158.99% since scheme launch. The min. SIP amount to invest in this scheme is ₹100.
The scheme seeks to generate long-term capital appreciation and current income by investing in a portfolio that is investing in equities and related securities as well as fixed income and money market securities. The approximate allocation to equity would be in the range of 60-80 per cent with a minimum of 51 per cent, and the approximate debt allocation is 40-49 per cent, with a minimum of 20 per cent.