ICICI Prudential Growth Fund - Series 1

ICICI Prudential Growth Fund - Series 1 is a 3 year close ended equity scheme. The Scheme portfolio would comprise of 40-60 stocks #.


#The number of stocks provided is to explain the investment philosophy and the actual number may go up or down depending on then prevailing market conditions at the time of investment

The fund aims to provide long-term capital appreciation by:

  • Identifying companies which are likely to see growth in earnings over next 3 years period.
  • Investing across market cap with a bias towards mid & small cap space, banking and infrastructure sector.
  • Being adequately diversified, while not restricting it to benchmark sector weights.
  • Declare commensurate dividends$

  • $Dividends will be declared subject to availability of distributable surplus and approval from Trustees

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Type of scheme

A Close ended equity scheme

Investment Objective

The investment objective of the Scheme is to provide capital appreciation by investing in a well-diversified portfolio of equity and equity related securities. However, there can be no assurance that the investment objective of the Scheme will be realized.

Options

Direct Plan ? Dividend Payout Option
Regular Plan ?Dividend Payout Option

Minimum Application Amount

Rs 5,000 (plus in multiple of Rs.10)

Entry & Exit Load

Not Applicable

Benchmark Index

CNX Nifty Index

Fund Manager

Mr. Manish Gunwani & Mr. Venkatesh Sanjeevi
Mr. Ashwin Jain will be the fund manager for investments in ADR/GDR/ Foreign securities

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • A close ended diversified equity fund that aims to provide capital appreciation by investing in equity and equity related instruments.
  • High Risk.(BROWN)

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


Note: Risk is represented as:


Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

 
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