To generate regular income through investments predominantly in debt and money market instruments. The Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the Scheme. However, there is no assurance or guarantee that the investment objective of the Scheme would be achieved.
The ICICI Prudential Regular Savings Fund Growth has an AUM of 3224.67 crores & has delivered CAGR of 8.79% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.71%. The minimum investment in ICICI Prudential Regular Savings Fund Growth is Rs 5000 and the minimum SIP is Rs 100.
As per morningstar the risk & return rating of the fund are Low & Good respectively.
The major sectors where the fund is invested are Regional Banks, Insurance (Life), Software & Programming & Auto & Truck Manufacturers.
Some of the similar funds are SBI Conservative Hybrid Fund Regular Growth, ICICI Prudential Regular Savings Fund Growth, HDFC Hybrid Debt Fund Growth, Kotak Debt Hybrid Growth, Parag Parikh Conservative Hybrid Fund Regular Growth. ICICI Prudential Regular Savings Fund Growth has a sharpe ratio of 0.72 & a standard deviation of 3.41%.
You have to be logged in to add this to Watchlist.
