EQUITY FUNDS
Select Large Cap Fund - ICICI Prudential

ICICI Prudential Select Large Cap Fund

ICICI Prudential Select Large Cap Fund is a large-cap oriented scheme and endeavors to give exposure to 15-20 high conviction large cap stocks which are likely to outperform its peers in the near term. The Scheme provides investors with an asset allocation rebalancing tool. It helps keep investor emotions and sentiments out of the investment process, thus enabling automated profit booking

Investment Philosophy

The Scheme would identify two themes, primary and secondary from various themes such as domestic cyclicals, global cyclicals, infrastructure, exports, public sector undertakings and defensives. The global and domestic macro-economic trends along market fundamentals are analyzed with an aim to generate alpha.


The Scheme offers investors to choose from a range of potential returns that they are targeting based on four exit triggers which are: 12%, 20%, 50% and 100%. As the target is met, either the gains only or the full investment, depending on choice of investor, would be automatically switched to one of the pre-selected schemes of ICICI Prudential Mutual Fund.

Key Benefits

  • Provides the investor with an asset allocation rebalancing tool
  • It helps to keep the investors emotions and sentiments away from investment decisions
  • The appreciation or the entire investment with appreciation can be switched on achieving pre-set trigger when equity markets have risen

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • An equity fund that aims to generate capital appreciation by investing in equity and equity related securities of large market capitalisation companies, with an option to withdraw investment periodically based on triggers.

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


Key Features

Type

Open-ended Diversified 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

Not Applicable

Exit Load

(w.e.f. 06-04-15): (a) If the amount, sought to be redeemed or switched out, is invested for a period of within 1 year? 1%; (b) If the amount, sought to be redeemed or switched out, is invested for a period of more than 1 years from the date of allotment - Nil.(w.e.f. 24-08-09): (a) If the amount, sought to be redeemed or switched out, is invested for a period of upto seven days? 0.25%; (b) If the amount, sought to be redeemed or switched out, is invested for a period of more than seven days from the date of allotment - Nil.

Redemption Cheques Issued

Minimum Redemption Amt.

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

Systematic Investment Plan

Available

Systematic Withdrawal Plan

Not Available



Fund Manager

Mr. Mrinal Singh and Mr. Vinay Sharma

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