ICICI Securities

At ICICIdirect, we strive to provide the best of investment solutions for each investor class. We offer products & services under Equity, Derivatives, Currency, Commodities, Mutual Funds and these are just to name a few.

NPs (National Pension scheme)

Overview

NPS is a voluntary contributory pension scheme introduced by the Central Government through Pension Fund Regulatory and Development Authority (PFRDA) to promote old age income security. NPS is an easily accessible, low cost, tax-efficient, flexible and portable retirement savings account.

How NPS works?

Under NPS, individual contributes to his retirement account for his social security and financial independence. NPS investment made by individual is pooled in pension fund. These fund are invested by PFRDA regulated pension fund managers in diversified portfolio comprising of equity, corporate bonds, and government securities. These investments would grow and accumulate over years, depending on returns generated and time horizon of investment. At the time of normal exit from NPS, subscriber may use at least 40% of accumulated retirement wealth to purchase annuity from PFRDA empaneled annuity service providers and withdraw remaining accumulated wealth as lump sum amount.


Up coming New Initiative

MF Mobile app

    • Revamped NPS Section

Online Capability:

    • NPS Calculator
    • Fund Manager Performance
    • Consolidated Tax statement
    • SIP Features including the Step up, Pause. etc.
    • Option of CRA?s i.e. NSDL e-Governance CRA & K Fintech KCRA
Disclosure of Track Record of the public issues managed by ICICI Securities Limited as a Merchant Banker

Securities and Exchange Board of India vide its circular no. CIR/MIRSD/1/2012 dated January 10, 2012 has mandated certain information with respect to track record of the Public issues managed by a merchant banker in the past 3 years to be disclosed on the website of the Merchant Banker