About ICICI Prudential Moderate Fund Direct- Growth
ICICI Prudential Moderate Fund Direct- Growth 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
and Dharmesh Kakkad
. It has an AUM of ₹108.26 Crores and the latest NAV decalared is ₹37.373 as on 20 Nov 2019 at 10:05 pm.
ICICI Prudential Moderate Fund Direct- Growth scheme return performance in last 1 year is 9.26%, in last 3 years is 22.82% and 76.17% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
About Fund Category
Conservative Hybrid Funds invest between 75% and 90% of their total assets in debt securities and the remaining in equity and equity related instruments. Investors who have a moderately high risk appetite and who want equity exposure may consider these funds to earn higher returns than pure debt funds.