FUND OF FUNDS
Advisor Series - Long Term Savings Plan - ICICI Prudential

ICICI Prudential Advisor Series - Long Term Savings Plan

Investment Objective

The primary investment objective of the Scheme is to seek to generate long term capital appreciation from a portfolio that is invested predominantly in the schemes of domestic or offshore Mutual Fund(s) mainly having asset allocation to:

  • Equity and equity related securities and
  • A small portion in debt and money market instruments

Key Benefits

  • Benefits of active management and regular monitoring,
  • Advisor Series enables asset allocation within a range and hence, active asset allocation is possible, which is better than static asset allocation
  • The fund of fund is treated as a single fund holding, thereby reducing paperwork involved in investing in different funds
  • No rebalancing transaction costs to investors.

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • A Fund of Funds scheme that seeks to generate long term capital appreciation from a portfolio that is invested predominantly in the schemes of domestic or offshore Mutual Funds mainly having asset allocation to Equity and equity related securities and a small portion in debt and money market instruments.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


Key Features

Type

Open Ended Fund of Funds

Plan

ICICI Prudential Advisor Series - Long Term Savings Plan & ICICI Prudential Advisor Series - Long Term Savings Plan - Direct Plan

Options

Growth , Dividend (Payout and Reinvestment facility available)

Default Option

Growth, Dividend Reinvestment is the default sub option

Application Amount

Rs.5000 (plus in multiples of Rs.1)

Min. Additional Investment

Rs. 500 (& in multiples of Re. 1/-)

Entry Load

Not Applicable

Exit Load

● If the amount sought to be redeemed or switched out is invested for a period of upto three years from the date of allotment - 1 % of the applicable Net Asset Value.
● If the amount sought to be redeemed or switched out is invested for a period of more than three year from the date of allotment - Nil.

Minimum Redemption Amt.

Rs.500 (plus in multiples of Re.1)

Systematic Investment Plan

Available

Systematic Transfer Plan

Available (Flex STP/Value STP also available)

Systematic Withdrawal Plan

Available



Fund Manager

Equity Portion: Mr. Mrinal Singh
Debt Portion: Mr. Manish Banthia

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