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ICICI Prudential Bharat Consumption Fund Series 4
Invest Now

About the Scheme

ICICI Prudential Bharat Consumption Fund – Series 4 is a close ended equity scheme following consumption theme.

Scheme Highlights

  • Sectors that could benefit from the consumption theme such as consumer non-durables, consumer durables, auto, healthcare services, among others, that are likely to play out well with a ~3.5 years investment horizon
  • Helps in bottom-up stock selection with ~3.5 years view
  • Ability to reduce net equity risk at market peaks
  • Aims to limit downside of the portfolio by using hedging strategies


Why Invest Now?

  • Functional Drivers
    • Expectation of Normal Monsoon for the third year in a row
    • Pick-up in construction/mining activities
    • Better MSP hikes
  • Structural Drivers
    • Demographic advantage: Large population base with 50% of its population in the working age
    • Improvement in India’s per capita GDP in last decade

Source: Motilal Oswal July 2018. GDP: Gross Domestic Product. MSP: Minimum Support Price

Scheme Features

Type of Scheme

A Close Ended Equity Scheme

Plans

ICICI Prudential Bharat Consumption Fund - Series 4 – Cumulative & Dividend
ICICI Prudential Bharat Consumption Fund – Series 4 Direct - Cumulative & Dividend

Tenure

1300 days

Minimum Additional Investment

Rs.5,000/- (plus in multiple of Re.10 thereafter)

NFO Period

30th July 2018 to 13th Aug 2018

Entry Load

Nil

Exit Load

Nil

Fund Manager

Mr. Sankaran Naren and Mr.Rajat Chandak

Benchmark Index

Nifty India Consumption Index

SIP / SWP / STP

Available

MICR cheques

Till end of business hours on 13th Aug 2018

RTGS and transfer cheques

Till end of business hours on 13th Aug 2018

Switches

Switches from equity schemes and other schemes – 13th Aug 2018; Till cut off time (specified for switch outs in the source scheme)

Liquidity

To be listed

*Priyanka Khandelwal for investment in overseas securities.

This product is suitable for investors who are seeking*:

  • Long term wealth creation
  • A close ended equity scheme that aims to provide capital appreciation by investing in a well-diversified portfolio of stocks that could benefit from growth in consumption and related activities.

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