ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth

ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth is an equity fund. This fund was started on 15 April, 2019. The fund is managed by Priyanka Khandelwal. The fund could potentially beat inflation in the long-run.

1. ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth has ₹3166 Cr worth of assets under management (AUM) as on Apr 2025 and is more than category average.
2. The fund has an expense ratio 1.2.
   

ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth has given a CAGR return of 17.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 2.40%, 20.86% and 22.84% respectively.

ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Government, Communication, Health, Basic Materials, Industrial, Real Estate, Utilities. Its top holdings are Hindustan Unilever Ltd, Mahindra & Mahindra Ltd, Bharti Airtel Ltd, ITC Ltd, Maruti Suzuki India Ltd

As it is a equity - consumption mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the Scheme is to provide capital appreciation by investing predominantly in equity and equity related instruments of sectors that could benefit from growth in consumption and related activities. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth has no lock in period.