FUND OF FUNDS
ICICI Prudential Advisor Series-Very Aggressive Plan

ICICI Prudential Advisor Series-Very Aggressive Plan

Investment Objective

The primary investment objective of this Plan 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) that actively invests in

  • Equity/equity related securities, debt & money market instruments, Gold Exchange Traded Funds

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
  • The product offers the convenience of investing in a mix of three asset classes through one single application
  • 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 that actively invests in Equity and equity related securities, gold exchange traded funds and in debt & 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 -  Very Aggressive Plan and
ICICI Prudential Advisor Series -  Very Aggressive Plan -Direct Plan

Options

Cumulative Option and Dividend Option (Dividend Payout and Reinvestment)

Default Option

Cumulative, Dividend Reinvestment is the default sub option

Application Amount

Rs.5000 (and in multiples of Re. 1)

Min. Additional Investment

Rs. 500 (and 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 one year 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 one year from the date of allotment – Nil

Minimum Redemption Amt.

Rs. 500 or all units where amount is less than Rs. 500

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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