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ICICI Prudential Long Term Wealth Enhancement Fund Direct IDCW

Equity

ELSS

Very High

27-Oct-2023
₹ 20.28

How To Invest In ICICI Prudential Long Term Wealth Enhancement Fund Direct IDCW

  • Investing directly in a ICICI Prudential Long Term Wealth Enhancement Fund Direct IDCW, either through offline or online channels, is an option once your KYC formalities are in order. For those who prefer traditional methods, visiting the nearest fund branch is an alternative.
  • Online investment is the most user-friendly way to directly invest in ICICI Prudential Long Term Wealth Enhancement Fund Direct IDCW schemes, providing the added benefit of saving on commissions. You have the flexibility to invest through the fund's website, its RTA's platform, or a fintech service. However, online investing might require managing multiple logins.
  • Opting for a Direct Plan entails taking on the responsibility of crafting a financial plan, selecting funds aligned with your goals, and regularly monitoring and rebalancing the portfolio. This approach suits investors who possess a solid understanding of ICICI Prudential Long Term Wealth Enhancement Fund Direct IDCW. On the other hand, individuals with limited knowledge about Mutual Funds may find it more practical to invest through a distributor.

Investing in ICICI Prudential Long Term Wealth Enhancement Fund Direct IDCW can be simplified into five straightforward steps for individuals looking to start

Step 1
Begin by assessing your risk profile, understanding your capacity for risk. This step is crucial to determine the level of risk you can take on when investing in Mutual Funds.
Step 2
Once you've completed your risk assessment, the next step is asset allocation. This involves dividing your investment between different asset classes, such as stocks and bonds, to achieve a balanced risk profile.
Step 3
The third step is to identify Mutual Funds that correspond to each asset class. You can evaluate these funds based on their past performance and investment objectives to make informed comparisons.
Step 4
Choose the specific Mutual Funds scheme in which you want to invest. You can initiate the application process either online or through offline channels.
Step 5
Diversify your investments and regularly monitor your portfolio to enhance your chances of achieving better results and higher profits.

Investing in ICICI Prudential Long Term Wealth Enhancement Fund Direct IDCW online can be done in two primary ways

1

Creating an account on the official website of an Asset Management Company (AMC): ICICI Prudential Mutual Fund has its official website where you can explore a variety of mutual funds in different categories. To invest, follow the instructions on the AMC's website, complete the required information, and submit your application. The KYC process can also be completed online, making use of your Aadhar Number and PAN. Your provided information is verified in the background, and you can start investing once successfully verified.

2

Using a mobile app: ICICI Prudential Mutual Fund provide mobile applications for investing in mutual funds, making the process quick and hassle-free. These apps allow investors to invest in various mutual fund schemes, check account statements, buy or sell units, and access important portfolio details. Additionally, investors can explore and invest in funds from different fund houses through these apps.

Fund Overview

Fund Size (Rs.)
35 Cr

Benchmark Index
----

Scheme Type
Dividend

ISIN
INF109KC1101

Expense Ratio
1.0%

Minimum SIP (Rs.)
0

Launch Date
22-Mar-2018

Fund House
ICICI Prudential Mutual Fund

Exit Load
Nil

Investment Returns (CAGR)

1 yr. 11.37

3 yr. 24.3

5 yr. 16.24

Since Inception. 11.4%

Investment Returns Calculator

Monthly investment
10000
Time period
3yr
Expected Annual Return
10%
Your results
Total Value of your Investment:
Invested Amount
Est. Returns
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Have mutual funds? Need money? Pledge them instead of selling.

Total Value of your mutual fund
You are eligible for
50,000
Minimum portfolio value: ₹50,000
Interest Rate: 10%
Choose tenure
installment options
Balloon
help

Balloon Payment

(Interest only)

Pay monthly installments towards interest only. Settle the principal at the end of tenure.

416
per month
EMI
4395
per month

Loan facility is provided by our NBFC partner

Check out how to invest in other top performing mutual funds

About ICICI Prudential Long Term Wealth Enhancement Fund Direct IDCW

The Scheme seek to generate income by investing in a portfolio of fixed income securities/debt instruments maturing on or before the maturity of the Scheme. ;

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