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.

One Click Mutual Fund' is created on popular demand of our customers under Mutual Fund section in ICICIdirect.com; through which users can invest in baskets of top-performing mutual fund schemes in just a few clicks. The Mutual Fund schemes in these baskets have been identified by our award-winning research after extensive analysis on both qualitative and quantitative parameters and have consistently outperformed the benchmark historically. To suit your investment needs, we have created baskets with varying allocation to equity schemes (that provides wealth creation potential) & debt schemes (that offers stability).

• Each Mutual Fund scheme listed under 'One Click Investment' baskets is backed by our Research Recommendations
• Option to invest 'One Time' (Lump Sum) or 'Monthly' (SIP) in any listed basket is available
• System based distribution of "investment amount" against the schemes in the basket basis intelligently defined allocation % in the basket selected
• Under Mutual Fund Portfolio users can see a new tab "One Click Portfolio" that will help him to track his investment separately
• With 'One Click Investment', in case of change of recommendation from Buy to Sell, a communication would be sent to you via an Email

Yes, one can place Lump Sum order and also set up Systematic Investment Plan (SIP) in basket of listed Mutual Funds under 'One Click Investment'.

No, investment in One Click MF Basket will be always in new folio(s) only

Yes, users can set up 'Nominee' and 'Joint Holders' (as registered in their ICICIdirect.com account) while setting up a fresh One Click investment. The system gives option to enter these details in One Click Basket Order Placement Page. The Nomination & Joint Holders will be for the entire basket and not scheme wise.

Yes, user can discontinue an existing One Click Investment (in Monthly mode-SIP). However, in such case the future investment of the entire One Click Basket will be cancelled. Cancellation of SIP of any one scheme under One Click Investment is not possible.

Yes, redemption request can be placed for units of any one scheme or for all schemes from an existing One Click Basket Investment.

Such a situation is not so frequent. However, if such a situation arises where 'Recommendation' of a Scheme in existing Portfolio under One Click Investment changes from BUY to SELL by our Research Team then following facilities are provided:
• Such MF Scheme will be marked as 'SELL' under Research Recommendation column in One Click Investment Portfolio Page.
ICICI Direct.com » Mutual Funds >> Holdings >> My Portfolio >> select Type – ‘One Click’
• On clicking 'SELL' the user will be taken to a new page called 'Rebalance'.
• In the top section of Rebalance page the Scheme with 'SELL' recommendation will be displayed along with the "Units & value in Short Term", "Units & Value in Long Term" and "Total Units & Value".
• Below this, the new 'BUY' recommended scheme will be displayed.
• Customer will be provided with options a) to either "Sell only units under Long Term" and buy an equivalent number of units in the new 'BUY' recommended scheme or b) to "Sell All Units" and buy an equivalent number of units in the new 'BUY' recommended scheme.
• User will select his/her option as mentioned in above point and proceed.
• On successful 'Rebalance' request placement, the units from 'SELL recommended scheme will be redeemed and units from 'BUY' recommended scheme will be purchased and credited into user’s same One Click Investment Basket from which the 'Rebalance' order would have been placed as per defined TAT. Currently the TAT is 6 MF working days.
• If the 'SELL' recommended scheme is a part of One Click Investment - Monthly (i.e., SIP) then after successful 'Rebalance' order placement the customer will be given an option to change the SIP from 'SELL' recommended scheme to 'BUY' recommended scheme.
• If the user opts this option, then his future SIP instalments will be stopped for 'SELL' recommended scheme and will start with the new 'BUY' recommended scheme.

Yes, Switch, SWP & STP options are available in One Click Investment Portfolio page and these requests can be placed for any scheme for which units are available in any One Click Portfolio. Follow below path:
ICICI Direct.com » Mutual Funds » Holdings » My Portfolio » choose Type: One Click » Actions

Yes. Existing One Click Investments are also displayed in Mutual Fund Unit Holdings & Mutual Fund Scheme Wise Portfolio as well. Follow below path:

• ICICI Direct.com » Mutual Funds » Holdings » Unit Holdings

• ICICI Direct.com » Mutual Funds » Holdings » My Portfolio » choose Type: One Click