FUND OF FUNDS
Global Stable Equity Fund - ICICI Prudential

ICICI Prudential Global Stable Equity Fund

An open-ended fund of funds scheme that provides an opportunity to invest in international companies that are stable and consistent in nature. The fund invests units / shares of Nordea 1 - Global Stable Equity Fund - Unhedged (N1 - GSEF - U).

Investment Philosophy

  • Global Diversification: An opportunity to invest in reputed companies based outside India
  • Stability: N1-GSEF-U invests in companies that show less volatility and have shown sustained growth

Investor Profile

This fund is suitable for -
  • Investors who want to diversify their portfolio with stocks of Global Companies that may not be available for investments in India
  • Investors seeking to benefit from returns generated by investing across international currencies
  • Investors looking for a long term wealth creation

Investor Profile

This fund is suitable for -

  • Investors who want to diversify their portfolio with stocks of Global Companies that may not be available for investments in India
  • Investors seeking to benefit from returns generated by investing across international currencies
  • Investors looking for a long term wealth creation

Key Benefits

  • Global diversification: There is low correlation between Indian and global markets, signifying potential diversification benefits to Indian investors (Correlation is a statistical measure of how two securities/indices move in relation to each other).
  • Access to businesses not available in India: Investors gain access to established sectors, industries, global companies that may not be available for investments in India.
  • A product for volatile times: The fund does not aim to give superior returns in all market scenarios, but tries to outperform over a full market cycle with lower volatility than the market index.

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • An open-ended fund of funds scheme that seeks to provide adequate returns by investing in the units of one or more overseas mutual fund schemes, which have the mandate to invest globally.

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


Key Features

Type

Open-ended fund of funds scheme

Plan

Regular & Direct

Options

Dividend and Growth (Dividend payout and reinvestment facility available)

Default Option

Application Amount

Rs 5,000 (plus in multiple of Re.1)

Min. Additional Investment

Rs 1,000 (plus in multiple 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

For redemption/switch-out of units upto 3 months from the date of allotment: 3% of the applicable NAV

For redemption/switch-out of units from 3 months upto 18 months from the date of allotment: 1% of the applicable NAV

For redemption/switch-out of units after 18 months from the date of allotment: Nil

Redemption Cheques Issued

Minimum Redemption Amt.

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

Systematic Investment Plan

Available(STP:In)

Systematic Withdrawal Plan



Fund Manager

Equity Portion: Mr.Shalya Shah
Debt Portion: Mr. Rohan Maru
For Overseas Invstments: Mr. Ihab Dalwai

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