ICICI Prudential Nifty Top 15 Equal Weight Index Fund Direct Growth
ICICI Prudential Nifty Top 15 Equal Weight Index Fund Direct Growth
Very High Risk | Equity
Fund Overview
Launch Date
10 Jun 2025
End Date
24 Jun 2025
Allotment Date
27 Jun 2025
NAV
₹10.00
Expense Ratio, Exit Load & Tax
Expense ratio
Inclusive of GST
Exit load
Nil
Stamp Duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum Investment Amounts
Min. for 1st investment
₹1000
Min. for 2nd investment onwards
₹1000
Min. for SIP
₹1000
Fund Managment
Nishit Patel
Jun 2025 - Present
Education
Mr. Patel is a B.Com & Chartered Accountant
Experience
Prior to joining ICICI Prudential Mutual fund, he has worked with K.K.Dand & Co.
Fund House & Investment Objective
ICICI Prudential Mutual Fund
Rank(total assets)
#3 in India
Date of Incorportation
12/10/1993
Total AUM
₹9,56,306.15Cr
ICICI Prudential Nifty Top 15 Equal Weight Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. Nishit Patel is the Current Fund Manager of ICICI Prudential Nifty Top 15 Equal Weight Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,56,306 Cr and the Latest NAV as of 10 Jun 2025 is ₹10.00. The ICICI Prudential Nifty Top 15 Equal Weight Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹1,000.
Investment Objective
The scheme seeks to provide returns before expenses that correspond to the total return of Nifty Top 15 Equal Weight Index, subject to tracking errors.
Fund benchmark
Nifty Top 15 Equal Weight Total Return Index
Fund House Contact Details
Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
NA
Launch Fund Date
12 Oct 1993
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