FUND OF FUNDS
Advisor Very Aggressive - ICICI Prudential

ICICI Prudential Advisor Very Aggressive

ICICI Prudential Advisor Series - Very Aggressive Plan seeks to generate long term capital appreciation by making active allocation to the various equity, debt & money market schemes and gold exchange traded funds of domestic or offshore mutual funds, with the highest allocation towards equity oriented schemes in order to exploit the potential of equity Markets for wealth creation.

Investment Philosophy

The plan seeks to generate long term capital appreciation from a portfolio that is invested predominantly in ICICI Prudential Mutual Fund schemes that actively invest in:

  • Equity oriented schemes (Maximum 100%, Minimum 0%)
  • Debt oriented schemes (Maximum 80%, Minimum 0%)
  • Money market schemes (Maximum 80%, Minimum 0%)
  • Gold Exchange Traded Fund (Maximum 60%, Minimum 0%)

Investor Profile

This Plan is ideal for -

  • Investors seeking higher returns and having appetite for higher investment risks and market fluctuations

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
  • The product offers the convenience of investing in a mix of three asset classes through one single application
  • No rebalancing transaction costs to investors.

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • A Fund of Funds scheme that seeks to generate long term capital appreciation from a portfolio that is invested predominantly in the schemes of domestic or offshore Mutual Funds that actively invests in Equity and equity related securities, gold exchange traded funds and in debt & money market instruments.

*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

Upto 1 Year from allotment - 1% of applicable NAV, more than 1 Year - Nil

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

Equity Portion: Mr. Mrinal Singh
Debt Portion: Mr. Manish Banthia

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