FUND OF FUNDS
Advisor Cautious - Fund of Funds - ICICI Prudential

ICICI Prudential Advisor Cautious

ICICI Prudential Advisor Series - Cautious Plan seeks to provide regular income, by making active allocation to the various debt, money market schemes & gold exchange traded funds of domestic & offshore Mutual Funds, as highly rated debt instruments generally provide safety and regular income to the portfolio and the potential for capital appreciation through active management

Investment Philosophy

The plan seeks to generate regular income through investments made primarily in the schemes of ICICI Prudential Mutual Fund as follows:

  • Debt oriented schemes (Maximum 100%, Minimum 50%)
  • Money market schemes (Maximum 30%, Minimum 0%)
  • To a lesser extent (Maximum 35%, Minimum 0%) in equity oriented schemes so as to generate long term capital appreciation
  • Gold Exchange Traded fund (Maximum 20%, Minimum 0%)

Investor Profile

This Plan is ideal for -

  • Investors willing to accept a small amount of risk yet look for a modest rate of returns

Key Benefits

  • Benefits of active management and regular monitoring,
  • Advisor Series enables asset allocation within a range and hence, active asset allocation is possible, which is better than static asset allocation
  • Tax efficiency since the investors are not subjected to Capital Gain / Loss when the Plan rebalances the portfolio (which is the case when investors buy or sell the underlying funds directly)
  • The fund of fund is treated as a single fund holding, thereby reducing paperwork involved in investing in different funds
  • Provides an opportunity to investors to gain exposure in Gold ETFs without a demat Account
  • No rebalancing transaction costs to investors.

This product is suitable for investors who are seeking* :

  • Medium term savings solution
  • A Fund of Funds scheme that seeks to generate regular income primarily through investments in the schemes of domestic or offshore Mutual Funds having asset allocation primarily to fixed income securities and up to 35% in equity and equity related securities.

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


Key Features

Type

Open ended Advisor Fund

Plan

Regular & Direct

Options

Growth and Dividend

Default Option

Regular: Cumulative

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

NIL w.e.f. 27Jun2016

Redemption Cheques Issued

Generally within 1 Business Day for specified RBI locations and an additional 3 Business Days for Non RBI locations.

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 4 post-dated cheques of Rs. 5,000 each.

Systematic Withdrawal Plan

Minimum of Rs.500 and Multiples of Rs.1



Fund Manager

Mrinal Singh - Overall 8 years of which 1 year as Equity Analyst.

mailID