ICICI Direct Booster Systematic Transfer Plan (“Booster STP”) is a facility wherein unit holder(s) can opt to transfer variable amount(s) from designated open-ended Scheme(s) of ICICI Prudential Mutual Fund [hereinafter referred to as “Source Scheme”] to the designated open-ended Scheme(s) of ICICI Prudential Mutual Fund [hereinafter referred to as “Target Scheme”] at defined intervals. The Unitholder would be required to provide a Base Instalment Amount that is intended to be transferred to the Target Scheme.

The Base instalment amount is the instalment amount that is input while registering for Booster STP. The final investment amount will be calculated (basis frequency selected) as a percentage of the range from 0.1X to 5X (multiplier) of this instalment amount.

The multiplier is the extent to which the investment amount may vary. In case of Booster STP it will be within the range of 0.1X to 5X of the base instalment. For e.g., on a base instalment of Rs. 10,000, the investment amount can be from Rs. 1,000 (0.1X multiplier) to Rs. 50,000 (5X multiplier).

The multiplier is decided based on the Equity Valuation Index, EVI is the Equity Valuation Index which is a proprietary model of ICICI Prudential AMC (Henceforth referred to as EVI).

In the Mutual Funds section of ICICIdirect.com:
• Click on Offerings and select Freedom SIP
• Select the scheme.
• Click on Set up SIP.
• Provide investment details – Select SIP Amount & Period, Select Target scheme, Provide SWP amount & Payment Source.
• Click on Proceed & complete 2 Factor Authentication

Details of existing Freedom SIP can be viewed from SIP Book in the Mutual Funds login section of ICICIdirect.com.
Click on the Scheme Name and the Scheme with ‘Yes’ against the Freedom SIP field would be Freedom SIP(s).

Freedom SIP is only available under Growth option of the respective schemes. However, it is available for both, regular and direct plans of the selected schemes.

Step-Up SIP is a process that will increase your Mutual Fund SIP Installment amount periodically by an amount and at a set interval as defined by you. Minimum interval at which you can increase the SIP Installment is 6 months and minimum amount by which you can increase the SIP Installment amount is Rs. 100.00 subject to the ‘Multiple’ of SIP Instalment Amount and Step-Up Amount are same.
"Step-Up SIP" option is only available for SIPs with period "Till Cancellation.

• SIP is a disciplined way of investing - It inculcates saving habit & discipline in investments by making you invest on a regular basis. A disciplined approach in investment, like the most things in our life, helps in achieving our goals i.e., in this case building wealth over long term.
• SIPs are easy on pockets - Investment through a SIP could be done with amount as low as Rs.100 per month. Also, you need not worry about timing the market while investing through a SIP. In a SIP, investments are made in regular intervals irrespective of the market highs and lows. So, you get more units when the markets are low and less units when the markets are at a high. This helps in averaging out costs and keeping the cost of a unit at a lower level. Since timing the market or deciding upon what is the right time or level of market is not easy, investing in Mutual Funds through SIP is preferred.
• You get the benefit of more time spent in the market while investing through SIP - With smaller amounts to invest through SIPs, you can start investing early. This gives the invested amount more time in the market which increases the probability of higher returns.

For SIP with Period “Till Cancellation”, the SIP installment amount gets deducted basis frequency selected till the investor themselves don’t cancel the SIP. 

Yes, you can cancel your ongoing SIP with period “Till Cancellation” any time from SIP book.

Yes, SIP Installment can be increased by using “Step-up” feature available at the time of SIP Registration. Investor can Step-up their SIP Installment Amount only if the period of SIP is “Till Cancellation”. If investor didn’t opt for “Step-up” feature while registration, then it can be done later any time from SIP book.

Transfer-In is a process of transferring all your mutual funds holding (outside the domain of ICICI Direct) to ICICI Direct domain.

• Transfer-In can be done by logging into ICICI Direct.com with your credentials & navigating to the path: Mutual Funds > Online Transfer-In > Click on Initiate Digital Transfer In and upload your CAS Statement.
• Post upload you need to select the folios which you would like to Transfer-In.
• Once you submit your request, you will need to take a print out of the application form, sign the form & upload it on the TI page or TI Order Book for further processing with RTA/AMC.

CAS stands for Consolidated Account Statement is a single consolidated statement of all the investments done by the investor in the securities market.

You can upload the CAS from NSDL or from CAMS. Note, it should be a Consolidated Account Statement & not a summary.