ICICI Prudential Exports and Services Fund Direct Growth

ICICI Prudential Exports and Services Fund Direct Growth is an equity fund. This fund was started on 8 January, 2013. The fund is managed by Sankaran Naren, Priyanka Khandelwal. The fund could potentially beat inflation in the long-run.

1. ICICI Prudential Exports and Services Fund Direct Growth has ₹1331 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 1.6.
   

ICICI Prudential Exports and Services Fund Direct Growth has given a CAGR return of 19.41% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 15.70%, 23.32% and 28.51% respectively.

ICICI Prudential Exports and Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Industrial, Tech, Communication, Utilities, Energy, Basic Materials, Consumer Defensive, Consumer Cyclical. Its top holdings are ICICI Bank Ltd, Axis Bank Ltd, Reliance Industries Ltd, State Bank of India, NTPC Ltd

As it is a equity - other 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.

To generate capital appreciation and income distribution to unit holders by investing predominantly in equity/equity related securities of the companies belonging to Exports & Services industry. 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 Exports and Services Fund Direct Growth has no lock in period.