EQUITY FUNDS
Export and Other Services Fund - ICICI Prudential

ICICI Prudential Export and Other Services Fund

ICICI Prudential Exports and Other Services Fund is an Open-ended equity scheme that seeks to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in the services sector.


The Scheme invests in stocks across the universe of listed companies available in the Services and Exports sector including Pharmaceuticals, Software, Media & Entertainment, Power, Auto Ancillaries, Gas, Industrial Capital Goods and other companies. While the Fund?s performance is benchmarked against CNX Service Sector Index, the Scheme may opportunistically invest in companies outside the same, but which form part of the Services Sector.

Investment Philosophy

  • The Scheme seeks to invest in stocks across market capitalization and use growth style investment approach. The Scheme follows a top down approach and bottom up stock selection approach.
  • From a top down perspective, the focus will be on an analysis of changing factors in the economy, trends, policy changes, etc.
  • From ?Bottom Up? perspective, the Scheme will concentrate on business and economic fundamentals for strong stock selection, seeking to identify companies with reasonable profitability and scalability supported by sustainable competitive advantages.

Key Benefits

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • An open ended equity fund that aims for growth by predominantly investing in companies belonging to the service industry.

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


Key Features

Type

Open-ended Equity Fund

Plan

Regular & Direct

Options

Growth & Dividend

Default Option

Dividend Reinvestment.

Application Amount

Rs.5000 (plus in multiples of Rs.1)

Min. Additional Investment

Rs.1000 (plus in multiples of Re.1)

Entry Load

Nil. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load

(a) If the amount, sought to be redeemed or switched out, is invested for a period ofwithin one year? 1%;
(b) If the amount, sought to be redeemed or switched out, is invested for a period after one year from the date of allotment - Nil.

Redemption Cheques Issued

Minimum Redemption Amt.

Rs.500 (plus in multiples of Re.1)

Systematic Investment Plan

Monthly: Minimum Rs. 1,000/- plus 5 post dated cheques for a minimum of Rs. 1,000/- each; Quarterly: Minimum Rs. 5,000/- plus 3 post dated cheques of Rs. 5,000/- each.

Systematic Withdrawal Plan

Minimum of Rs.500 and multiples of Re.1/-



Fund Manager

Mr.Manish Gunwani and Ashwin Jain

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