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Global Stable Equity Fund - ICICI Prudential

ICICI Prudential Global Stable Equity Fund

A global fund of funds scheme that seeks to invest in stable companies across global markets

An open-ended fund of funds scheme that provides an opportunity to invest in international companies that are stable and consistent in nature. The fund invests units / shares of Nordea 1 - Global Stable Equity Fund - Unhedged (N1 - GSEF - U).

Schemes - ICICI Prudential Global Stable Equity Fund

  • Real Time NAV

  • Closing NAV

     

Investment Philosophy

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 Features

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.

Who should invest?

  • 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.
Scheme Features
Type An open ended fund of funds scheme investing in ICICI Prudential Gold ETF.
Underlying
ISIN
NSE Symbol & BSE Scrip ID
BSE Scrip Code
Pricing
Application size - Directly with AMC
Application size through NSE & BSE
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
Authorized Participant

Fund Manager

Equity Portion: Priyanka Khandelwal
Debt Portion: Rohan Maru

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