Question 1

How to invest in ICICI Prudential BSE Sensex Index Growth Direct Plan?

Accepted Answer

Kuvera makes mutual fund investments simpler and faster. To invest in ICICI Prudential BSE Sensex Index Growth Direct Plan, login to Kuvera and search for ICICI Prudential BSE Sensex Index Growth Direct Plan. You can also go to "Invest", select "All Mutual Funds" and scroll to ICICI Prudential BSE Sensex Index Growth Direct Plan. Click on this to check details on the fund's performance and fundamentals. Depending on your risk appetite and investment objective, select either the Monthly SIP or One time (Lump sum investment) option and complete the investment process.

Question 2

What kind of returns has ICICI Prudential BSE Sensex Index Growth Direct Plan provided?

Accepted Answer

ICICI Prudential BSE Sensex Index Growth Direct Plan has given 11.8% over the last 1 year , 12.9% over the last 3 years, 14.5% over the last 5 years and 13.9% since its inception.

Question 3

What is the minimum SIP amount of ICICI Prudential BSE Sensex Index Growth Direct Plan?

Accepted Answer

Minimum SIP amount required for ICICI Prudential BSE Sensex Index Growth Direct Plan is INR 100.

Question 4

What is the minimum lump sum amount required to invest in ICICI Prudential BSE Sensex Index Growth Direct Plan?

Accepted Answer

Minimum lump sum amount required for ICICI Prudential BSE Sensex Index Growth Direct Plan is INR 100.

Question 5

How to start ICICI Prudential BSE Sensex Index Growth Direct Plan SIP online?

Accepted Answer

Create an account on Kuvera to invest in over 5000 direct mutual funds from the leading AMCs in India. To start an SIP for ICICI Prudential BSE Sensex Index Growth Direct Plan online, follow the steps given below:

Step 1: Login to Kuvera and click on Invest and then select Mutual Funds.

Step 2: Search by name, or scroll to ICICI Prudential BSE Sensex Index Growth Direct Plan and click on it.

Step 3: Choose Monthly SIP and enter the SIP amount and date for every month.

Step 4: Complete the fund transfer and you are done!

You can explore SIP, STP and SWP tabs in your cart to see all the funds that have existing SIPs.

Question 6

How to redeem ICICI Prudential BSE Sensex Index Growth Direct Plan?

Accepted Answer

Redeeming mutual funds on Kuvera is fast and hassle-free. To redeem ICICI Prudential BSE Sensex Index Growth Direct Plan, just go to your portfolio on the Kuvera app or website, click on the "Redeem" option under ICICI Prudential BSE Sensex Index Growth Direct Plan, enter your desired amount, or check the "Yes" next to Redeem all units if you want to redeem your entire holding.

Question 7

Can I invest in SIP and Lump sum of ICICI Prudential BSE Sensex Index Growth Direct Plan IDCW?

Accepted Answer

Yes, you can invest in ICICI Prudential BSE Sensex Index Growth Direct Plan IDCW on Kuvera through SIP and Lump sum options. Follow these steps to get started :

On Kuvera app :

Step 1: Login and click on Invest and All Mutual Funds.

Step 2: Click on Filter, select "Plan" type as "Dividend". You will see the IDCW plans.

Step 3: Select ICICI Prudential BSE Sensex Index Growth Direct Plan and choose Monthly SIP or One Time investment options.

On Kuvera website

Step 1: Login and click on Invest on the home screen, select Mutual Funds.

Step 2:Turn the toggle from "Growth" to "Dividend" and you will see the results of all the IDCW plans.

Step 3: Select ICICI Prudential BSE Sensex Index Growth Direct Plan and choose Monthly SIP or One Time (Lump sum) investment options.

Question 8

How to start ICICI Prudential BSE Sensex Index Growth Direct Plan SIP online?

Accepted Answer

Create an account on Kuvera to invest in over 5000 direct mutual funds from the leading AMCs in India. To start an SIP for ICICI Prudential BSE Sensex Index Growth Direct Plan online, follow the steps given below:

Step 1: Login to Kuvera and click on Invest and then select Mutual Funds.

Step 2: Search by name, or scroll to ICICI Prudential BSE Sensex Index Growth Direct Plan and click on it.

Step 3: Choose Monthly SIP and enter the SIP amount and date for every month.

Step 4: Complete the fund transfer and you are done!

You can explore SIP, STP and SWP tabs in your cart to see all the funds that have existing SIPs.

Question 9

What is the expense ratio of ICICI Prudential BSE Sensex Index Growth Direct Plan?

Accepted Answer

Expense ratio is the amount (in percentage) which is charged by the mutual fund as a fee for managing your investment. Expense ratio of ICICI Prudential BSE Sensex Index Growth Direct Plan is 0.19% as on 23/12/2024.

Question 10

What is the NAV of ICICI Prudential BSE Sensex Index Growth Direct Plan?

Accepted Answer

NAV is the market value of the securities/assets held by the mutual fund divided by the total number of units issued by it. In simple terms, it is the price of a unit of the mutual fund. NAV of ICICI Prudential BSE Sensex Index Growth Direct Plan is INR 26.04 as on 20/12/2024.

Question 11

What is the total asset under management of ICICI Prudential BSE Sensex Index Growth Direct Plan?

Accepted Answer

ICICI Prudential BSE Sensex Index Growth Direct Plan has assets under management worth INR 1747 Cr.

Question 12

What is risk category of the ICICI Prudential BSE Sensex Index Growth Direct Plan?

Accepted Answer

As per SEBI regulations, all mutual funds should indicate the level of risk involved with investing in the mutual fund. There are five levels of risk (a) Low: Principal at low risk, (b) Moderately Low: Principal at moderately low risk, (c) Moderate: Principal at moderate risk, (d) Moderately High: Principal at moderately high risk, (e) High: Principal at high risk. Risk category of ICICI Prudential BSE Sensex Index Growth Direct Plan is Very High Risk.

Question 13

What are the top holdings of ICICI Prudential BSE Sensex Index Growth Direct Plan?

Accepted Answer

The top 10 holdings of the ICICI Prudential BSE Sensex Index Growth Direct Plan as on 23/12/2024 are HDFC Bank Ltd at 14.29%, ICICI Bank Ltd at 9.93%, Reliance Industries Ltd at 9.85%, Infosys Ltd at 6.93%, ITC Ltd at 4.94%, Bharti Airtel Ltd at 4.71%, Larsen & Toubro Ltd at 4.63%, Tata Consultancy Services Ltd at 4.39%, Axis Bank Ltd at 3.60%, State Bank of India at 3.44% .

Question 14

How will the gains from the ICICI Prudential BSE Sensex Index Growth Direct Plan be taxed?

Accepted Answer

ICICI Prudential BSE Sensex Index Growth Direct Plan is a debt mutual fund and the capital gains made from it are taxed at the rate of 20% for long term gains (if you hold your units for 3 years or more), along with indexation benefits and for short terms gains (if you hold your units for less than 3 year) as per your income tax slab.

Question 15

What is the investment objective of ICICI Prudential BSE Sensex Index Growth Direct Plan?

Accepted Answer

Investment objective of the ICICI Prudential BSE Sensex Index Growth Direct Plan:

An open-ended index linked growth scheme seeking to track the returns of S&P BSE SENSEX TRI through investments in a basket of stocks drawn from the constituents of the above index. The objective of the Scheme is to invest in companies whose securities are included in S&P BSE SENSEX TRI and subject to tracking errors, to endeavor to achieve the returns of the above index as closely as possible. This would be done by investing in all the stocks comprising the S&P BSE SENSEX TRI in approximately the same weightage that they represent in S&P BSE SENSEX TRI. The Scheme will not seek to outperform the S&P BSE SENSEX TRI or to underperform it. The objective is that the performance of the NAV of the Scheme should closely track the performance of the S&P BSE SENSEX TRI over the same period. However, there can be no assurance that the investment objective of the Scheme will be realized.

Question 16

What is the category of the ICICI Prudential BSE Sensex Index Growth Direct Plan?

Accepted Answer

The category of the ICICI Prudential BSE Sensex Index Growth Direct Plan is Index Funds.

Question 17

Who is the fund manager of ICICI Prudential BSE Sensex Index Growth Direct Plan?

Accepted Answer

ICICI Prudential BSE Sensex Index Growth Direct Plan is managed by Nishit Patel , Priya Sridhar and Ajaykumar Solanki as on 23/12/2024.

Question 18

What is the exit load for ICICI Prudential BSE Sensex Index Growth Direct Plan?

Accepted Answer

Exit load is the fee/penalty which some of the mutual funds charge in case an investor decides to sell his/her mutual fund units within the exit load window. Exit load for ICICI Prudential BSE Sensex Index Growth Direct Plan is

No exit load.

ICICI Prudential BSE Sensex Index Growth Direct Plan

ICICI Prudential BSE Sensex Index Growth Direct Plan

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