This is a guest login. You can create a regular account or login to an existing one.

VR Logo

Unrated

ICICI Prudential Global Stable Equity Fund (FOF)


1 Lakh

Investment Grown to
₹ 1.29 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.19 Lakh

Analyst's Choice?

Suitability:

This is a fund that invests mainly in shares of foreign companies. When you invest for five years or above, you can expect gains that beat the inflation rate and are also higher than 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 for diversification, so that if the Indian markets are going through a sharp correction at least some portion of your money is insulated. But make sure you invest in the one that has a broad mandate of investing in companies of different sizes, sectors and countries.

Like 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 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 20.35 0.00 3.49 10.73 8.84 8.29 --
MSCI World Net Return* 26.65 1.05 4.47 17.08 13.31 11.47 --

As on 12-Dec-2019

* As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 9.71 (04-Jan-2019 - 05-Feb-2019) -8.62 (03-Dec-2018 - 02-Jan-2019)
Quarter 12.36 (02-Jul-2018 - 01-Oct-2018) -15.22 (27-Sep-2018 - 27-Dec-2018)
Year 19.14 (19-May-2014 - 19-May-2015) -3.36 (03-Oct-2018 - 03-Oct-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.23 10.53 0.33 0.48 -- --
MSCI World Net Return 13.91 11.92 0.68 0.84 -- --

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

As on 30-Nov-2019

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

The underlying data is unavailable.

Sector Allocation vis-à-vis Benchmark

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Noreda Global Stable Equity Fund Financial 96.68

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-Nov-2019

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:


0.36%

Change from previous, NAV as on 12-Dec-2019

Growth: ₹ 16.6200

Dividend: ₹ 16.6200


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
Benchmark: MSCI World Net Return
Riskometer: High
Type: Open-ended
Assets: ₹ 93 Cr (As on 30-Nov-2019)
Expense: 1.50% (As on 31-Oct-2019)
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: 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

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM