ICICI Prudential India Opportunities Fund Direct Growth

ICICI Prudential India Opportunities Fund Direct Growth is an equity fund. This fund was started on 16 January, 2019. The fund is managed by Sankaran Naren. The fund could potentially beat inflation in the long-run.

1. ICICI Prudential India Opportunities Fund Direct Growth has ₹25696 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
2. The fund has an expense ratio 0.7.
   

ICICI Prudential India Opportunities Fund Direct Growth has given a CAGR return of 23.26% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 16.94%, 28.68% and 36.10% respectively.

ICICI Prudential India Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Basic Materials, Consumer Cyclical, Consumer Defensive, Energy, Communication, Industrial, Utilities, Tech, Government. Its top holdings are Axis Bank Ltd, HDFC Bank Ltd, ICICI Bank Ltd, Sun Pharmaceuticals Industries Ltd, HDFC Life Insurance Co 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 long-term capital appreciation by investing in opportunities presented by special situations such as corporate restructuring, Government policy and/or regulatory changes, companies going through temporary unique challenges and other similar instances. 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 India Opportunities Fund Direct Growth has no lock in period.