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Value Research Rating
Analyst’s Choice
Riskometer
Very High
₹28.5200 0.60%
As on 15-Oct-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
ICICI Prudential Global Stable Equity Fund (FOF) - Direct Plan
|
|
Very High
|
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1.05 |
||
|
|
Very High
|
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0.24 |
|||
|
|
Very High
|
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0.60 |
|||
|
|
Very High
|
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0.30 |
|||
|
|
Very High
|
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1.41 |
₹125 Cr
1.00 (30)
5,000
1
1,000
6
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.
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.
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
ICICI Prudential Global Stable Equity Fund (FOF) - Direct Plan invests mainly in the shares of foreign companies listed outside India. Being a fund of funds, it invests its assets in a set of mutual fund schemes instead of the underlying securities directly.
Mutual funds can be bought directly from the website of the fund house. For instance, ICICI Prudential Global Stable Equity Fund (FOF) - Direct Plan fund can be purchased from the website of ICICI Prudential Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of ICICI Prudential Global Stable Equity Fund (FOF) - Direct Plan is ₹28.5200 as of 16-Oct-2024.
The AUM of ICICI Prudential Global Stable Equity Fund (FOF) - Direct Plan Fund is ₹125 Cr as of 30-Sep-2024
The riskometer level of ICICI Prudential Global Stable Equity Fund (FOF) - Direct Plan is Very High. See More
| Company | Percentage of Portfolio |
|---|---|
|
Nordea 1 - Global Stable Fund Z USD Forgn.MF- |
99.79
|
As of 30-Sep-2024, ICICI Prudential Global Stable Equity Fund (FOF) - Direct Plan had invested 99.79% in Equity and 0.21% in Cash & Cash Eq. See More
ICICI Prudential Global Stable Equity Fund (FOF) - Direct Plan is 11 years 1 months old. It has delivered 9.91% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
18.47%
|
9.29%
|
11.26%
|
10.61%
|
10.40%
|
9.91%
|
No, There is no lock in period in ICICI Prudential Global Stable Equity Fund (FOF) - Direct Plan.
The expense ratio of ICICI Prudential Global Stable Equity Fund (FOF) - Direct Plan is 1.05.
