Indo Asia Fund - Equity Mutual Funds - ICICI Prudential

ICICI Prudential Indo Asia Fund

Asia is one of the most rapidly developing and industrially diverse areas in the world with some of the world's most exciting investment opportunities. Asia offers an attractive mix of stability and opportunity as the region includes a mix of developed economies (Singapore, Hong Kong and Australia), developing markets (Thailand and Malaysia), and the emerging giants (India and China).

ICICI Prudential Indo Asia Equity Fund, an open-ended diversified equity fund offers a balanced portfolio of investment opportunities in India as well as Asia ex-Japan, where the offshore allocation is aimed at improving the return and risk characteristics of the portfolio over a longer term.

Investment Philosophy

This fund invests 65-100% in Indian equity & 0-35% in IOF Asian Equity Fund; a diversified fund managed by Prudential Asset Management, Singapore. The Indian component is managed as a flexi-cap fund and seeks to benefit from diversification across developed and emerging economies across Asia (ex-Japan).

Key Benefits

  • Access to global leaders not otherwise available e.g. Industrial and Commercial Bank of China (China), Samsung Electronics (Korea), Taiwan Semi-Conductor (Taiwan),
  • Access to industries not otherwise available e.g. Taiwan's Semi-conductor industry, Hong Kong's Property sector, China's Insurance and Aerospace industries, Korea's Ship Building industry
  • It has a healthy mix of investment styles.
  • It provides tax benefits of an equity fund.

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • A diversified equity fund that invests in equity and units of equity funds of companies, which are primarily active in Asia pacific region.

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

Key Features


An Open Ended Diversified Equity Fund


Regular & Direct


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

(w.e.f. 24-08-09): (a) If the amount, sought to be redeemed or switched out, is invested for a period of upto one years? 1%; (b) If the amount, sought to be redeemed or switched out, is invested for a period of more than one year from the date of allotment - Nil.

Redemption Cheques Issued

Minimum Redemption Amt.

Rs.500 and in multiples of Re.1, provided minimum balance should not fall below Rs.5000

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

Retail Option: Rs.500 and in multiples of Re. 1/-

Fund Manager

India portion-Mr. Sankaran Naren and Mr. Atul Patel
Asia Portion-Mr. Ihab Dalwai