SCHEME DETAILS

This product is suitable for investors who are seeking :

  • Long term wealth creation.
  • A close ended equity Scheme that aims to provide capital appreciation by investing in a well-diversified portfolio of stocks that could benefit from growth in consumption and related activities.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Name of the Scheme

ICICI Prudential Bharat Consumption Fund – Series 5

 Scheme Type

A Close Ended Equity Scheme following Consumption Theme
Investment Manager

ICICI Prudential Asset Management Company Limited

 Face Value

Rs. 10
MINIMUM APPLICATION AMOUNT/NUMBER OF UNITS

Lumpsum investment:Rs.5000/- (plus in multiples of Rs.10). Minimum application amount is applicable for switch-ins made during the New Fund Offer period as well.

 Fund Manager

Mr. Sankaran Naren and Mr. Roshan Chutkey are the fund managers of the Scheme.
Exit Load

Since the Scheme will be listed on the stock exchange, there will be no exit load applicable. Investors shall note that the brokerage on sale of the units of the Schemes on the stock exchanges shall be borne by the investors.

 Benchmark

The performance of the Scheme would be benchmarked against Nifty India Consumption Index.

INVESTMENT OBJECTIVE

The investment objective of the Scheme is to provide capital appreciation by investing predominantly in equity and equity related instruments of sectors that could benefit from growth in consumption and related activities. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

WHERE WILL THE FUND INVEST?

The fund shall be investing in secular growth stories aided by rising aspirations, high income levels, high working age population, digital influence, financialisation, policy reforms and urbanisation to name a few.

  • Equity and equity related securities including warrants carrying the right to obtain equity shares.
  • Securities created and issued by the Central and State Governments and/or repos/reverse repos in such Government Securities as may be permitted by RBI (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills)
  • Securities guaranteed by the Central and State Governments (including but not limited to coupon bearing bonds, zero coupon bonds and treasury bills)
  • Debt securities issued by domestic Government agencies and statutory bodies, which may or may not carry a Central/State Government guarantee
  • Corporate debt securities (of both public and private sector undertakings)
  • Securities issued by banks (both public and private sector) as permitted by SEBI from time to time and development financial institutions
  • Money market instruments as permitted by SEBI/RBI
  • Non-convertible part of convertible securities
  • Securitised Debt
  • Any other domestic fixed income securities as permitted by RBI/ SEBI
  • Derivative instruments like Stock / Index Futures, Stock / Index Options and such other derivative instruments permitted by SEBI.
  • ADRs / GDRs / Foreign Debt Securities as permitted by Reserve Bank of India and Securities and Exchange Board of India
  • Units of Mutual Fund Schemes subject to applicable guidelines.
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*Disclaimer : Mutual fund investments are subject to market risks. please read and understand the scheme informations, Risk disclosure document, Term & Conditions, Polices and Procedures and other related documents carefully before investing. For detailed disclaimer kindly Click here.

For more detailed information on Risk Factor Click here