Fund has been able to generate better returns than other funds in same sector
Less expense ratio implies better returns over the long term
Fund has not been able to generate better price return than bank FD
Credit rating of debt intruments is high and default probability is low
Fixed maturity plan funds are the debt funds. Investments in this funds can only be made during the new fund offering (NFO) as these funds are the close ended funds. They invest in debt instruments with the fixed maturity period.
Gains are added to taxable income and taxed according to the individual's income tax slab
Gains are taxed at 20% with indexation benefit
Expected growth rate
ICICI Prudential Asset Management Company Ltd. is the leading AMC in the leading AMC in the country. The AMC is joint venture between ICIC Bank and Prudential Plc, one of the UK's largest players in the financial services sectors.
₹ 3,99,994.37 Cr.