FUND OF FUNDS
Regular Gold Savings Fund - ICICI Prudential

ICICI Prudential Regular Gold Savings Fund

Investment Philosophy

ICICI Prudential Regular Gold Savings Fund is an open-ended fund of fund scheme investing in units of ICICI Prudential Gold Exchange Traded Fund.

Investor Profile

  • Ideal for Investors looking to diversify from other asset classes (Equity, Debt, Real Estate, etc.) and
  • From physical gold holding - A small quality of gold can be held in the form of a mutual fund unit of a Gold savings fund, hassle free
  • Investors who are not willing to invest in Gold Exchange Traded Fund (Gold ETF) due to its unit size and prefer to invest in units of a mutual fund scheme investing in Gold ETF, and intend to gain from the ability of gold to create wealth
  • Investors who wish to realize the potential value of gold investments made by ICICI Prudential Gold Exchange Traded Fund

Key Benefits

  • Easy liquidation
  • Costs less than storing and insuring physical gold.
  • Begin your investment with as low as Rs. 1, 000/- through SIP.
  • Portfolio holding disclosed monthly in factsheets on website/ NAV declared daily.

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • A fund of funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential Gold Exchange Traded Fund.

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


Key Features

Type

ICICI Prudential Regular Gold Savings Fund is an open-ended fund of fund scheme investing in units of ICICI Prudential Gold Exchange Traded Fund.

Plan

Regular & Direct

Options

Growth and Dividend

Default Option

Growth

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 15 months ? 2% of applicable NAV, more than 15 months - Nil

Redemption Cheques Issued

Generally within 3 business day for Specified RBI locations and additional 3 Business Days for Non-RBI locations.

Minimum Redemption Amt.

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

Systematic Investment Plan

Available

Systematic Withdrawal Plan

Available

Data not Found



Fund Manager

Manish Banthia

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