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Unrated

ICICI Prudential Global Stable Equity Fund (FOF)


1 Lakh

Investment Grown to
₹ 1.17 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.81 Lakh

Suitability:

This is a fund that invests mainly in shares of foreign companies. When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

International equity funds are suitable to invest a part of your money in for diversification, so that if the Indian markets are going through a sharp correction, a portion of your money is insulated. But make sure you invest in a fund that has a broad mandate of investing in companies of different sizes, sectors and countries.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other international equity fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -6.07 -1.48 -1.66 1.85 -2.98 3.77 0.06 5.32 5.90 6.80 --
S&P BSE 500 TRI* 0.05 1.01 0.21 6.47 8.41 29.21 4.21 3.73 8.70 12.35 --

As on 26-Oct-2020

* As on 27-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Global Stable Equity Fund (FOF)  | Invest Now
Unrated
Sep-13 0.06 5.32 5.90 1.28 88
Franklin India Feeder Franklin US Opportunities Fund  | Invest Online Now
Unrated
Feb-12 44.70 25.25 17.80 1.57 2,252
Motilal Oswal NASDAQ 100 Exchange Traded Fund
Unrated
Mar-11 50.20 29.22 22.69 0.54 1,714
Motilal Oswal Nasdaq 100 FOF - Regular Plan  | Invest Online
Unrated
Nov-18 50.69 -- -- 0.50 1,144
Axis Global Equity Alpha Fund of Fund - Regular Plan
Unrated
Sep-20 -- -- -- -- 887

Best & Worst Performance

Best (Period) Worst (Period)
Week 11.55 (23-Mar-2020 - 30-Mar-2020) -13.27 (09-Mar-2020 - 17-Mar-2020)
Month 20.74 (23-Mar-2020 - 22-Apr-2020) -25.47 (20-Feb-2020 - 23-Mar-2020)
Quarter 27.10 (23-Mar-2020 - 22-Jun-2020) -24.90 (23-Dec-2019 - 23-Mar-2020)
Year 25.09 (27-Dec-2018 - 27-Dec-2019) -14.10 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.04 13.66 0.07 0.11 -- --
S&P BSE 500 TRI 6.61 21.81 0.07 0.08 -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

The underlying data is unavailable.

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Noreda Global Stable Equity Fund Financial -- 96.94

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2020

Fund Manager

— Priyanka Khandelwal since 16-Jun-2017

Education: Ms. Khandelwal is Chartered Accountant and Company Secretary

Experience: She has been Working with ICICI Prudential Mutual Fund Since October 2014.

Funds Managed:

— Rohan Maru since 16-Sep-2013

Education: Mr. Maru is M.Com and MBA in Finance.

Experience: Prior to this, he worked with Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.

Funds Managed:


-1.48%

Change from previous, NAV as on 26-Oct-2020

Growth: ₹ 15.9500

Dividend: ₹ 15.9500


Investment Strategy

The scheme seeks to provide adequate returns by investing in the units of overseas mutual fund schemes, which have the mandate to invest globally. Accordingly, the Scheme intends to invest in the units/shares of Nordea 1 - Global Stable Equity Fund - Unhedged (N1 - GSEF - U) and/or other overseas mutual funds. The fund manager may also invest in one or more other overseas mutual fund schemes, with similar investment policy/fundamental attributes and risk profile and is in accordance with the investment strategy of the Scheme.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 1% for redemption within 30 days

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 13-Sep-2013
Return Since Launch: 6.77%
Benchmark: MSCI World Net Return
Riskometer: High
Type: Open-ended
Assets: ₹ 88 Cr (As on 30-Sep-2020)
Expense: 1.28% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Phone: 022-26525000 / 1800-222-999 / 1800-200-6666

Fax: 022-26528100

Email: [email protected]

Website: http://www.icicipruamc.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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