ICICI Prudential Rural Opportunities Fund Direct Growth

ICICI Prudential Rural Opportunities Fund Direct Growth is an equity fund. This fund was started on 28 January, 2025. The fund is managed by Sankaran Naren, Priyanka Khandelwal. The fund could potentially beat inflation in the long-run.

1. ICICI Prudential Rural Opportunities Fund Direct Growth has ₹1360 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
2. The fund has an expense ratio 0.9.
   

ICICI Prudential Rural Opportunities Fund Direct Growth has given a CAGR return of 9.20% since inception.

ICICI Prudential Rural Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Defensive, Consumer Cyclical, Basic Materials, Communication, Government, Utilities, Industrial. Its top holdings are Hindustan Unilever Ltd, Bharti Airtel Ltd, State Bank of India, NTPC Ltd, Mahindra & Mahindra 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 Equity & Equity related instruments of companies following Rural and/or allied theme. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

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