How to Invest in ICICI Prudential Income Optimizer Fund (FOF) Direct Growth?

You can easily invest in ICICI Prudential Income Optimizer Fund (FOF) Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for ICICI Prudential Income Optimizer Fund (FOF) Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in ICICI Prudential Income Optimizer Fund (FOF) Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does ICICI Prudential Income Optimizer Fund (FOF) Direct Growth provide?

The ICICI Prudential Income Optimizer Fund (FOF) Direct Growth has been there from 05 Apr 2013 and the average annual returns provided by this fund is 13.22% since its inception.

How much expense ratio is charged by ICICI Prudential Income Optimizer Fund (FOF) Direct Growth?

The term Expense Ratio used for ICICI Prudential Income Optimizer Fund (FOF) Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of ICICI Prudential Income Optimizer Fund (FOF) Direct Growth is 0.56% as of 04 Dec 2023...

What is the AUM of ICICI Prudential Income Optimizer Fund (FOF) Direct Growth?

The AUM, short for Assets Under Management of ICICI Prudential Income Optimizer Fund (FOF) Direct Growth is ₹278.37Cr as of 04 Dec 2023.

How to Redeem ICICI Prudential Income Optimizer Fund (FOF) Direct Growth?

If you want to sell your ICICI Prudential Income Optimizer Fund (FOF) Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

What is the PE and PB ratio of ICICI Prudential Income Optimizer Fund (FOF) Direct Growth?

The PE ratio ratio of ICICI Prudential Income Optimizer Fund (FOF) Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

ICICI Prudential Income Optimizer Fund (FOF) Direct Growth - NAV, Mutual Fund Performance & Portfolio

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ICICI Prudential Income Optimizer Fund (FOF) Direct Growth
Other
FoF Overseas/Domestic
Moderate Risk
11.31%
3Y annualised
+0.11% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 01 Dec 2023₹56.33
Min. SIP amount₹1,000
Rating5
Fund size₹278.37Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Other FoF Overseas/Domestic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns13.2%11.3%10.4%9.6%
Category average8.1%7.7%7.6%NA
Rank with in category255NA
Understand terms
Holdings (6)NameSectorInstrumentAssets
ICICI Prudential Floating Interest Fund Direct Plan -Growth
NAMutual Fund53.1%
ICICI Prudential Equity Savings Fund Direct-Growth
NAMutual Fund24.6%
ICICI Prudential Exports and Services Fund Direct-Growth
NAMutual Fund8.1%
ICICI Prudential Bharat Consumption Fund Direct - Growth
NAMutual Fund5.7%
ICICI Prudential All Seasons Bond Fund Direct Plan-Growth
NAMutual Fund5.1%
ICICI Prudential Technology Direct Plan-Growth
NAMutual Fund3.0%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
24 Nov 2023 - Present
0.56%
23 Nov 2023 - 24 Nov 2023
0.56%
22 Nov 2023 - 23 Nov 2023
0.56%
21 Nov 2023 - 22 Nov 2023
0.56%
20 Nov 2023 - 21 Nov 2023
0.56%
19 Nov 2023 - 20 Nov 2023
0.56%
18 Nov 2023 - 19 Nov 2023
0.56%
17 Nov 2023 - 18 Nov 2023
0.56%
16 Nov 2023 - 17 Nov 2023
0.56%
15 Nov 2023 - 16 Nov 2023
0.56%
14 Nov 2023 - 15 Nov 2023
0.56%
13 Nov 2023 - 14 Nov 2023
0.56%
12 Nov 2023 - 13 Nov 2023
0.56%
11 Nov 2023 - 12 Nov 2023
0.56%
10 Nov 2023 - 11 Nov 2023
0.56%
09 Nov 2023 - 10 Nov 2023
0.56%
08 Nov 2023 - 09 Nov 2023
0.56%
07 Nov 2023 - 08 Nov 2023
0.56%
06 Nov 2023 - 07 Nov 2023
0.56%
05 Nov 2023 - 06 Nov 2023
0.56%
04 Nov 2023 - 05 Nov 2023
0.56%
03 Nov 2023 - 04 Nov 2023
0.56%
02 Nov 2023 - 03 Nov 2023
0.56%
01 Nov 2023 - 02 Nov 2023
0.56%
31 Oct 2023 - 01 Nov 2023
0.56%
30 Oct 2023 - 31 Oct 2023
0.56%
29 Oct 2023 - 30 Oct 2023
0.56%
28 Oct 2023 - 29 Oct 2023
0.56%
27 Oct 2023 - 28 Oct 2023
0.56%
26 Oct 2023 - 27 Oct 2023
0.56%
25 Oct 2023 - 26 Oct 2023
0.56%
24 Oct 2023 - 25 Oct 2023
0.56%
23 Oct 2023 - 24 Oct 2023
0.56%
22 Oct 2023 - 23 Oct 2023
0.56%
21 Oct 2023 - 22 Oct 2023
0.56%
20 Oct 2023 - 21 Oct 2023
0.56%
19 Oct 2023 - 20 Oct 2023
0.56%
18 Oct 2023 - 19 Oct 2023
0.56%
17 Oct 2023 - 18 Oct 2023
0.56%
16 Oct 2023 - 17 Oct 2023
0.56%
15 Oct 2023 - 16 Oct 2023
0.56%
14 Oct 2023 - 15 Oct 2023
0.56%
13 Oct 2023 - 14 Oct 2023
0.56%
12 Oct 2023 - 13 Oct 2023
0.56%
11 Oct 2023 - 12 Oct 2023
0.56%
10 Oct 2023 - 11 Oct 2023
0.56%
09 Oct 2023 - 10 Oct 2023
0.56%
08 Oct 2023 - 09 Oct 2023
0.56%
07 Oct 2023 - 08 Oct 2023
0.56%
06 Oct 2023 - 07 Oct 2023
0.56%
05 Oct 2023 - 06 Oct 2023
0.56%
04 Oct 2023 - 05 Oct 2023
0.56%
03 Oct 2023 - 04 Oct 2023
0.56%
02 Oct 2023 - 03 Oct 2023
0.56%
01 Oct 2023 - 02 Oct 2023
0.56%
30 Sep 2023 - 01 Oct 2023
0.56%
29 Sep 2023 - 30 Sep 2023
0.56%
28 Sep 2023 - 29 Sep 2023
0.56%
27 Sep 2023 - 28 Sep 2023
0.56%
26 Sep 2023 - 27 Sep 2023
0.56%
15 Sep 2023 - 26 Sep 2023
0.48%
14 Sep 2023 - 15 Sep 2023
0.48%
13 Sep 2023 - 14 Sep 2023
0.48%
12 Sep 2023 - 13 Sep 2023
0.48%
11 Sep 2023 - 12 Sep 2023
0.48%
10 Sep 2023 - 11 Sep 2023
0.48%
09 Sep 2023 - 10 Sep 2023
0.48%
08 Sep 2023 - 09 Sep 2023
0.48%
07 Sep 2023 - 08 Sep 2023
0.48%
06 Sep 2023 - 07 Sep 2023
0.48%
05 Sep 2023 - 06 Sep 2023
0.48%
04 Sep 2023 - 05 Sep 2023
0.48%
03 Sep 2023 - 04 Sep 2023
0.48%
02 Sep 2023 - 03 Sep 2023
0.48%
01 Sep 2023 - 02 Sep 2023
0.48%
31 Aug 2023 - 01 Sep 2023
0.48%
31 Jul 2023 - 31 Aug 2023
0.48%
30 Jun 2023 - 31 Jul 2023
0.38%
31 May 2023 - 30 Jun 2023
0.39%
30 Apr 2023 - 31 May 2023
0.39%
31 Mar 2023 - 30 Apr 2023
0.39%
28 Feb 2023 - 31 Mar 2023
0.26%
31 Jan 2023 - 28 Feb 2023
0.26%
31 Dec 2022 - 31 Jan 2023
0.18%
30 Nov 2022 - 31 Dec 2022
0.08%
30 Nov 2022 - 30 Nov 2022
0.08%
31 Oct 2022 - 30 Nov 2022
0.08%
31 Oct 2022 - 31 Oct 2022
0.08%
31 Oct 2022 - 31 Oct 2022
0.08%
30 Sep 2022 - 31 Oct 2022
0.08%
30 Sep 2022 - 30 Sep 2022
0.08%
30 Sep 2022 - 30 Sep 2022
0.08%
31 Aug 2022 - 30 Sep 2022
0.08%
31 Aug 2022 - 31 Aug 2022
0.08%
31 Jul 2022 - 31 Aug 2022
0.07%
31 Jul 2022 - 31 Jul 2022
0.07%
30 Jun 2022 - 31 Jul 2022
0.07%
30 Jun 2022 - 30 Jun 2022
0.07%
31 May 2022 - 30 Jun 2022
0.07%
31 May 2022 - 31 May 2022
0.07%
30 Apr 2022 - 31 May 2022
0.07%
30 Apr 2022 - 30 Apr 2022
0.07%
31 Mar 2022 - 30 Apr 2022
0.07%
31 Mar 2022 - 31 Mar 2022
0.07%
28 Feb 2022 - 31 Mar 2022
0.19%
28 Feb 2022 - 28 Feb 2022
0.19%
31 Jan 2022 - 28 Feb 2022
0.21%
31 Dec 2021 - 31 Jan 2022
0.22%
30 Nov 2021 - 31 Dec 2021
0.28%
31 Oct 2021 - 30 Nov 2021
0.28%
30 Sep 2021 - 31 Oct 2021
0.29%
31 Aug 2021 - 30 Sep 2021
0.37%
31 Jul 2021 - 31 Aug 2021
0.37%
30 Jun 2021 - 31 Jul 2021
0.37%
31 May 2021 - 30 Jun 2021
0.40%
30 Apr 2021 - 31 May 2021
0.54%
31 Mar 2021 - 30 Apr 2021
0.54%
28 Feb 2021 - 31 Mar 2021
0.54%
31 Jan 2021 - 28 Feb 2021
0.54%
31 Dec 2020 - 31 Jan 2021
0.60%
30 Nov 2020 - 31 Dec 2020
0.60%
31 Oct 2020 - 30 Nov 2020
0.60%
30 Sep 2020 - 31 Oct 2020
0.60%
31 Aug 2020 - 30 Sep 2020
0.60%
31 Jul 2020 - 31 Aug 2020
0.60%
30 Jun 2020 - 31 Jul 2020
0.60%
31 May 2020 - 30 Jun 2020
0.10%
30 Apr 2020 - 31 May 2020
0.10%
31 Mar 2020 - 30 Apr 2020
0.10%
29 Feb 2020 - 31 Mar 2020
0.05%
31 Jan 2020 - 29 Feb 2020
0.05%
31 Dec 2019 - 31 Jan 2020
0.05%
30 Nov 2019 - 31 Dec 2019
0.05%
31 Oct 2019 - 30 Nov 2019
0.05%
30 Sep 2019 - 31 Oct 2019
0.13%
31 Aug 2019 - 30 Sep 2019
0.13%
31 Jul 2019 - 31 Aug 2019
0.13%
30 Jun 2019 - 31 Jul 2019
0.13%
31 May 2019 - 30 Jun 2019
0.13%
30 Apr 2019 - 31 May 2019
0.13%
31 Mar 2019 - 30 Apr 2019
0.12%
28 Feb 2019 - 31 Mar 2019
0.12%
31 Jan 2019 - 28 Feb 2019
0.12%
31 Dec 2018 - 31 Jan 2019
0.12%
30 Nov 2018 - 31 Dec 2018
0.12%
31 Oct 2018 - 30 Nov 2018
0.12%
30 Sep 2018 - 31 Oct 2018
0.12%
31 Aug 2018 - 30 Sep 2018
0.12%
31 Jul 2018 - 31 Aug 2018
0.12%
30 Jun 2018 - 31 Jul 2018
0.12%
31 May 2018 - 30 Jun 2018
0.12%
30 Apr 2018 - 31 May 2018
0.11%
31 Mar 2018 - 30 Apr 2018
0.11%
28 Feb 2018 - 31 Mar 2018
0.12%
31 Jan 2018 - 28 Feb 2018
0.12%
31 Dec 2017 - 31 Jan 2018
0.12%
30 Nov 2017 - 31 Dec 2017
0.13%
31 Oct 2017 - 30 Nov 2017
0.13%
Expense ratio, exit load and taxExpense ratio: 0.56%Inclusive of GST
Exit loadExit load of 1% if redeemed within 12 months.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹500
Min. for SIP₹1,000
Fund managementManish Banthia
Jun 2017 - Present
View details
Education
Mr. Banthia is B.Com, CA and MBA
Experience
He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
Also manages these schemes
ICICI Prudential Liquid Fund Direct Plan Growth
ICICI Prudential Money Market Direct Growth
ICICI Prudential Equity & Debt Fund Direct Growth
ICICI Prudential Income Optimizer Fund (FOF) Direct Growth
ICICI Prudential Equity Arbitrage Direct Growth
ICICI Prudential Balanced Advantage Direct Growth
ICICI Prudential Savings Fund Direct Plan Growth
ICICI Prudential Child Care Gift Fund Direct Plan
ICICI Prudential All Seasons Bond Fund Direct Plan Growth
ICICI Prudential Regular Savings Fund Direct Growth
ICICI Prudential Bond Fund Direct Plan Growth
ICICI Prudential Medium Term Bond Fund Direct Plan Growth
ICICI Prudential Ultra Short Term Fund Direct Growth
ICICI Prudential Asset Allocator Fund (FOF) Direct Growth
ICICI Prudential Regular Gold Savings (FOF) Direct Growth
ICICI Prudential Thematic Advantage Fund (FOF)Direct Growth
ICICI Prudential Debt Management Fund (FOF) Direct Plan Growth
ICICI Prudential Credit Risk Fund Direct Plan Growth
ICICI Prudential Long Term Bond Fund Direct Plan Growth
ICICI Prudential Short Term Fund Direct Plan Growth
ICICI Prudential Equity Savings Fund Direct Growth
ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth
ICICI Prudential Retirement Fund Hybrid Conservative Plan Direct Growth
ICICI Prudential Retirement Fund Hybrid Aggressive Plan Direct Growth
ICICI Prudential Retirement Fund Pure Debt Plan Direct Growth
ICICI Prudential Business Cycle Fund Direct Growth
ICICI Prudential Passive Multi Asset FoF Direct Growth
ICICI Prudential Silver ETF FoF Direct Growth
Ritesh Lunawat
Dec 2020 - Present
View details
Education
Mr. Lunawat is B.Com and Chartered Accountant.
Experience
He has been Working with ICICI Prudential AMC Since September 2013.
Also manages these schemes
ICICI Prudential Income Optimizer Fund (FOF) Direct Growth
ICICI Prudential Balanced Advantage Direct Growth
ICICI Prudential Child Care Gift Fund Direct Plan
ICICI Prudential Regular Savings Fund Direct Growth
ICICI Prudential Medium Term Bond Fund Direct Plan Growth
ICICI Prudential Ultra Short Term Fund Direct Growth
ICICI Prudential Asset Allocator Fund (FOF) Direct Growth
ICICI Prudential Thematic Advantage Fund (FOF)Direct Growth
ICICI Prudential Debt Management Fund (FOF) Direct Plan Growth
ICICI Prudential Credit Risk Fund Direct Plan Growth
ICICI Prudential Equity Savings Fund Direct Growth
ICICI Prudential Passive Multi Asset FoF Direct Growth
Dharmesh Kakkad
May 2018 - Present
View details
Education
Mr. kakkad is B.com., CA & CFA.
Experience
He is associated with ICICI Prudential Asset Management Company Limited from June 2010. Prior to working in Dealing function, he was working in the Operations Department of ICICI Prudential AMC.
Also manages these schemes
ICICI Prudential Passive Strategy Fund (FOF) Direct Growth
ICICI Prudential Income Optimizer Fund (FOF) Direct Growth
ICICI Prudential Value Discovery Direct Growth
ICICI Prudential Equity Arbitrage Direct Growth
ICICI Prudential Balanced Advantage Direct Growth
ICICI Prudential Asset Allocator Fund (FOF) Direct Growth
ICICI Prudential Thematic Advantage Fund (FOF)Direct Growth
ICICI Prudential Equity Savings Fund Direct Growth
ICICI Prudential Pharma Healthcare And Diagnostics (P.H.D) Fund Direct Growth
ICICI Prudential Bharat Consumption Fund Direct Growth
ICICI Prudential Global Advantage Fund (FOF) Direct Growth
ICICI Prudential India Equity FOF Direct Growth
ICICI Prudential Passive Multi Asset FoF Direct Growth
Fund house & investment objective
ICICI Prudential Mutual Fund
Rank (total assets)#3 in India
Total AUM₹4,70,643.89Cr
Date of Incorporation12 Oct 1993
 ICICI Prudential Income Optimizer Fund (FOF) Direct Growth is a Other Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. Mrinal Singh, Manish Banthia is the Current Fund Manager of ICICI Prudential Income Optimizer Fund (FOF) Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,70,644 Cr and the Latest NAV as of 01 Dec 2023 is ₹56.33.
The ICICI Prudential Income Optimizer Fund (FOF) Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. Exit load of 1% if redeemed within 12 months.
;
Investment ObjectiveThe 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.
;
Fund benchmarkNifty 500
Scheme Information Document(SID)
Fund house contact details
Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
022-26525000 / 1800-222-999 / 1800-200-6666
Launch Date
12 Oct 1993
E-mail
[email protected]
Website
www.icicipruamc.com
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
ICICI Prudential Income Optimizer Fund (FOF) Direct Growth
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	1Y	3Y	5Y	All
Fund returns	13.2%	11.3%	10.4%	9.6%
Category average	8.1%	7.7%	7.6%	NA
Rank with in category	2	5	5	NA

Name	Sector	Instrument	Assets
ICICI Prudential Floating Interest Fund Direct Plan -Growth	NA	Mutual Fund	53.1%
ICICI Prudential Equity Savings Fund Direct-Growth	NA	Mutual Fund	24.6%
ICICI Prudential Exports and Services Fund Direct-Growth	NA	Mutual Fund	8.1%
ICICI Prudential Bharat Consumption Fund Direct - Growth	NA	Mutual Fund	5.7%
ICICI Prudential All Seasons Bond Fund Direct Plan-Growth	NA	Mutual Fund	5.1%
ICICI Prudential Technology Direct Plan-Growth	NA	Mutual Fund	3.0%

Rank (total assets)	#3 in India
Total AUM	₹4,70,643.89Cr

Date of Incorporation	12 Oct 1993

Fund benchmark	Nifty 500

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Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹500

Rating	5
Fund size	₹278.37Cr

ICICI Prudential Income Optimizer Fund (FOF) Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (6)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.56%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Manish BanthiaJun 2017 - PresentView details

Ritesh LunawatDec 2020 - PresentView details

Dharmesh KakkadMay 2018 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Manish Banthia
Jun 2017 - Present
View details

Ritesh Lunawat
Dec 2020 - Present
View details

Dharmesh Kakkad
May 2018 - Present
View details