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What is ICICI Prudential MidCap Fund?
ICICI Prudential MidCap Fund is an open-ended scheme that generates capital appreciation by actively investing in diversified mid cap stocks. It is ideal for long term wealth creation and is moderately high-risk on the riskometer.
ICICI Prudential MidCap Fund
Some of the main features and benefits of ICICI Prudential MidCap Fund are as follows:
Performance as on 5 September 2019
Please note that past performance of a mutual fund may not be a guarantee of future results. However, if you know how to analyze fund performance and know what to look for, you can make better investment decisions. This increases the odds that future performance will meet or exceed your expectations.
NAV as on 5th September 2019
Most Recent Dividends
The NAV or the Net asset value represents a fund's per share market value. It is the price at which investors buy fund shares from a fund company and sell them to a fund company.
There is a 0.78% change from previous, NAV as on Sep 05, 2019
Investing in ICICI Prudential MidCap Fund is straightforward. There are easy several ways of doing this:
Online: You can simply click on the “Invest Now” option on the company’s official website, where after you will be prompted for your basic information, like name, mobile number, and PAN number. You will need to fill up the one-time registration form to complete the process.
Offline: You may approach your nearest ICICI Mutual Fund office and submit the relevant forms and documents to proceed with the application process. Alternatively, you may also approach third party dealers for applying to this scheme. However, make sure that the dealer is genuine as there are a lot of fraudulent dealers.
Request for a callback: You can request for a call back by entering your contact details (name and phone number) on their contact form whereupon an expert will get in touch with you to further discuss your investment options.
Email: You can email their customer service on the email address listed on the company’s website for more information.
Tollfree number: You can call their toll-free number listed on their official website and talk to an expert.
Chat: You can also chat with an online assistant using the chat option on their website and have your questions addressed.
1. What is ICICI Prudential MidCap Fund?
ICICI Prudential MidCap Fund is an open-ended scheme that generates capital appreciation by actively investing in diversified mid-cap stocks.
2. What are the options offered under the ICICI Prudential MidCap Fund scheme?
The plan offers growth and dividend options with payout and reinvestment sub-options.
3. What is the exit load under this scheme?
The exit load within 1 year from the allotment is 1% of applicable nav. The exit load for more than 1 year is nil.
4. Who is it suitable for?
The fund is a good offering for investors looking to generate long term income at a moderately high risk to the principal amount invested.
5. How do I apply for ICICI Prudential MidCap Fund offline?
You may approach any of the ICICI Mutual Fund offices and submit the relevant forms and documents to proceed with the application process. You may also approach third party dealers for applying to this scheme.
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