FUND OF FUNDS
Global Stable Equity Fund - ICICI Prudential

ICICI Prudential Global Stable Equity Fund

Investment Objective

ICICI Prudential Global Stable Equity Fund (the Scheme) is an open-ended fund of funds scheme that seeks to provide adequate returns by investing in the units of one or more overseas mutual fund schemes, which have the mandate to invest globally. Currently the Scheme intends to invest in the units/shares of Nordea 1 – Global Stable Equity Fund – Unhedged (N1 – GSEF - U). The fund manager may also invest in one or more than one overseas mutual fund schemes, with similar investment policy/fundamental attributes and risk profile and is in accordance with the investment strategy of the scheme. The Scheme may also invest a certain portion of its corpus in domestic money market securities and/or money market/liquid schemes of domestic mutual funds including that of ICICI Prudential Mutual Fund, in order to meet liquidity requirements from time to time.

Key Benefits

  • Global diversification: There is low correlation between Indian and global markets, signifying potential diversification benefits to Indian investors (Correlation is a statistical measure of how two securities/indices move in relation to each other).
  • Access to businesses not available in India: Investors gain access to established sectors, industries, global companies that may not be available for investments in India.
  • A product for volatile times: The fund does not aim to give superior returns in all market scenarios, but tries to outperform over a full market cycle with lower volatility than the market index.

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • An open-ended fund of funds scheme that seeks to provide adequate returns by investing in the units of one or more overseas mutual fund schemes, which have the mandate to invest globally.

*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 scheme

Plan

ICICI Prudential Global Stable Equity Fund & ICICI Prudential Global Stable Equity Fund - Direct Plan

Options

Growth , Dividend (Payout and Reinvestment facility available)

Default Option

Growth, Dividend Reinvestment is the default sub option

Application Amount

Rs 5,000 (plus in multiple of Re.1)

Min. Additional Investment

Rs 1,000 (plus in multiple 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 up to 3 months from the date of allotment - 3% of the applicable NAV
● if the amount sought to be redeemed or switched out is invested for a period from 3 months up to 18 months from the date of allotment - 1% of the applicable NAV
● If the amount sought to be redeemed or switched out is invested for a period of more than 18 months from the date of allotment – Nil

Minimum Redemption Amt.

500/- or all units where amount is below 500/-

Systematic Investment Plan

Available

Systematic Transfer Plan

Available (Flex STP/Value STP also available)

Systematic Withdrawal Plan

Available



Fund Manager

Equity Portion: Priyanka Khandelwal
Debt Portion: Rohan Maru

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