ICICI Prudential Mutual Fund launches ICICI Prudential Global Advantage Fund

NFO period: 16^th September – 20^th September, 2019

Highlights of the NFO:

• Scheme type – An open-ended fund of funds scheme predominantly investing in mutual fund scheme/ETFs that invest in international markets


• Investment objective – ICICI Prudential Global Advantage Fund (the scheme) is a Fund of Funds scheme with the primary objective 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. A certain corpus of the scheme will also be invested in units of domestic mutual fund schemes/ETFs managed by ICICI Prudential Mutual Fund or any other Mutual Fund(s). However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.


• Product suitability – This product is suitable for investors who are seeking long term wealth creation. An open-ended Fund of Funds scheme predominantly by investing in mutual fund schemes / ETFs that invests in international markets.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Direct Plan having Growth Option and Dividend Option with Dividend pay-out and Dividend Re-investment sub-options.


• Fund Managers – Mr. Sankaran Naren and Mr. Dharmesh Kakkad


• Benchmark – S&P Global 1200 Index (80%) + S&P BSE Sensex (20%) Index