ICICI Prudential Income Optimizer Fund (FOF)

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Value Research Rating

5 star

Analyst’s Choice

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Riskometer

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Moderately High

₹60.4354 -0.06%

As on 06-Dec-2024

Returns

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

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Moderately High risk.

Low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of ICICI Prudential Income Optimizer Fund (FOF)

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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Peer Comparison

Other details of ICICI Prudential Income Optimizer Fund (FOF)

Assets info

₹271 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

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.

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."

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.
  • If investment is made before 1 April 2023:
    • Sold within 2 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 2 years from the date of investment: Gains are taxed at the rate of 12.5%.
  • No tax is to be paid as long as you continue to hold the units.

Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.

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.
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FAQ for ICICI Prudential Income Optimizer Fund (FOF)

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) 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) is ₹60.4354 as of 09-Dec-2024.

The AUM of ICICI Prudential Income Optimizer Fund (FOF) Fund is ₹271 Cr as of 31-Oct-2024

The riskometer level of ICICI Prudential Income Optimizer Fund (FOF) is Moderately High. See More

Company Percentage of Portfolio

ICICI Pru Short Term Direct-G

56.45
See More

As of 31-Oct-2024, ICICI Prudential Income Optimizer Fund (FOF) had invested 61.26% in Debt, 22.96% in Cash & Cash Eq., 15.62% in Equity and 0.16% in Real Estate See More

ICICI Prudential Income Optimizer Fund (FOF) is 20 years 12 months old. It has delivered 8.95% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
14.01%
11.25%
10.84%
9.75%
8.55%
8.95%

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

The expense ratio of ICICI Prudential Income Optimizer Fund (FOF) is 1.01.