ICICI Prudential Income Optimizer Fund (FOF) - Direct Plan

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Value Research Rating

5 star

Analyst’s Choice

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Riskometer

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Moderate

₹56.3293 0.13%

As on 01-Dec-2023

Investment Strategy

The scheme seeks to generate regular income by predominantly investing in debt oriented schemes. The Scheme will also invest in equity oriented & hybrid oriented schemes with an aim to generate capital appreciation.

Returns

This fund's returns are currently better than the category average.

This fund’s holdings are mostly in Large Cap stocks and in debt instruments, which means it’s following
a conservative investment strategy. Last updated 2 days ago. Learn More

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Calculate SIP Returns of ICICI Prudential Income Optimizer Fund (FOF) - Direct Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Moderate risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Suitability

"Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than returns from fixed income options.

They may also suit those looking for a regular income from their accumulation. The debt portion of these funds provides a moderate, but steady stream of income. The small equity allocation though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.

Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year."

Portfolio of ICICI Prudential Income Optimizer Fund (FOF) - Direct Plan

This fund's portfolio is largely conservative

This fund’s holdings are mostly in Large Cap stocks and in debt instruments, which means it’s following a
conservative investment strategy. Last updated 2 days ago.Learn More

Asset Allocation

Split between different types of investments

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Market Cap Weightage

Split between categories of Equity investments

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Taxation

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Peer Comparison

This fund compares better than its peers in most aspects.

Other details of ICICI Prudential Income Optimizer Fund (FOF) - Direct Plan

Assets info

₹278 Cr

Exit Load (Days) info

1.00 (365)

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

1

Min. SIP Investment (₹)

1,000

Min. No of Cheques

6

FAQ for ICICI Prudential Income Optimizer Fund (FOF) - Direct Plan

The scheme seeks to generate regular income by predominantly investing in debt oriented schemes. The Scheme will also invest in equity oriented & hybrid oriented schemes with an aim to generate capital appreciation.

Mutual funds can be bought directly from the website of the fund house. For instance, ICICI Prudential Income Optimizer Fund (FOF) - Direct Plan fund can be purchased from the website of ICICI Prudential Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of ICICI Prudential Income Optimizer Fund (FOF) - Direct Plan is ₹56.3293 as of 04-Dec-2023.

The AUM of ICICI Prudential Income Optimizer Fund (FOF) - Direct Plan Fund is ₹278 Cr as of 31-Oct-2023

The riskometer level of ICICI Prudential Income Optimizer Fund (FOF) - Direct Plan is Moderate. See More

Company Percentage of Portfolio

ICICI Pru Floating Interest Direct-G

53.12

ICICI Pru All Seasons Bond Direct-G

5.05
See More

As of 31-Oct-2023, ICICI Prudential Income Optimizer Fund (FOF) - Direct Plan had invested 62.78% in Debt, 20.46% in Equity, 16.02% in Cash & Cash Eq. and 0.59% in Real Estate See More

ICICI Prudential Income Optimizer Fund (FOF) - Direct Plan is 10 years 11 months old. It has delivered 9.58% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
13.22%
11.31%
10.41%
8.99%
10.08%
9.58%

No, There is no lock in period in ICICI Prudential Income Optimizer Fund (FOF) - Direct Plan.

The expense ratio of ICICI Prudential Income Optimizer Fund (FOF) - Direct Plan is 0.56.

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