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Unrated

ICICI Prudential Global Advantage Fund (FOF)


Equity: International

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 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, 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.

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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 1.03 0.11 1.34 -1.42 10.98 0.05 -- -- -- -- --
S&P BSE 500 TRI* -9.65 0.85 2.44 7.63 19.31 -10.29 -- -- -- -- --

As on 08-Jul-2020

* As on 09-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Global Advantage Fund (FOF)  | Invest Now
Unrated
Oct-19 -- -- -- 1.00 23
Franklin India Feeder Franklin US Opportunities Fund  | Invest Online Now
Unrated
Feb-12 35.98 24.80 16.69 1.50 1,693
Motilal Oswal NASDAQ 100 Exchange Traded Fund
Unrated
Mar-11 49.95 29.63 23.17 0.54 917
ICICI Prudential US Bluechip Equity Fund  | Invest Now
Unrated
Jul-12 21.92 16.26 13.50 2.56 647
Motilal Oswal Nasdaq 100 FOF - Regular Plan  | Invest Online
Unrated
Nov-18 48.42 -- -- 0.50 526

Best & Worst Performance

Best (Period) Worst (Period)
Week 11.19 (23-Mar-2020 - 30-Mar-2020) -11.83 (11-Mar-2020 - 18-Mar-2020)
Month 14.94 (23-Mar-2020 - 22-Apr-2020) -20.77 (20-Feb-2020 - 23-Mar-2020)
Quarter 26.14 (23-Mar-2020 - 22-Jun-2020) -19.63 (23-Dec-2019 - 23-Mar-2020)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 4.28 21.61 -0.05 -0.05 -- --

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

As on

* As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

The underlying data is unavailable.

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 5,52,678 11,33,919
Giant (%) 94.85 92.92
Large (%) 1.09 5.72
Mid (%) 3.83 6.50
Small (%) 0.23 1.78
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down ICICI Pru US Bluechip Equity Direct-G Financial -- 34.94
up Nippon India Japan Equity Direct-G Financial -- 28.58
equal Franklin Asian Eqt Direct-G Financial -- 21.16
equal Nippon India ETF Hang Seng BeES-G Financial -- 11.26
equal Aditya Birla SL Commodity Equities Fund - Global Agri Plan - Dir Financial -- 0.18

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 31-May-2020

Fund Manager

— Dharmesh Kakkad since 16-Sep-2019

Education: Mr. kakkad is B.com., CA & CFA.

Experience: Mr. Kakkad is Manager in ICICI Prudential Mutual Fund since 2009.

Funds Managed:

— Sankaran Naren since 16-Sep-2019

Education: Mr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata.

Experience: Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.

Interviews:

Funds Managed:


0.11%

Change from previous, NAV as on 08-Jul-2020

Growth: ₹ 11.4888

Dividend: ₹ 11.4888


Investment Strategy

The scheme seeks to generate returns by investing in units of one or more mutual fund schemes / ETFs (managed by ICICI Prudential Mutual Fund or any other Mutual Fund(s)) which predominantly invest in international markets.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 07-Oct-2019
Return Since Launch: 14.89%
Benchmark: S&P Global 1200 TRI (80), S&P BSE Sensex TRI (20)
Riskometer: High
Type: Open-ended
Assets: ₹ 23 Cr (As on 31-May-2020)
Expense: 1.00% (As on 31-May-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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