ICICI Prudential FMCG Fund Direct Plan Growth
Min amount: ₹1,000
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Very High Risk|
|Fund Type||Sector - FMCG|
|Exit Load||1% for 15 Days|
More about this fund
|Hindustan Unilever Ltd||13.63%|
|Nestle India Ltd Shs Dematerialised||6.44%|
|United Spirits Ltd||5.43%|
|Britannia Industries Ltd||5.38%|
|United Breweries Ltd Shs Dematerialised||5.31%|
|Aditya Birla Fashion and Retail Ltd||4.33%|
|Dabur India Ltd Shs Dematerialised||3.51%|
|Avenue Supermarts Ltd||2.84%|
|Jyothy Labs Ltd||2.72%|
About ICICI Prudential FMCG Fund - Direct Plan - Growth
The main objective of ICICI Prudential FMCG Fund is to create returns in the form of long-term capital gains by investing primarily in the securities being issued by the companies operating in the FMCG sector.
Pros and Cons of ICICI Prudential FMCG Fund - Direct Plan - Growth
The most significant advantage of investing in this fund is that you gain exposure to a portfolio which is constituted by the securities of various FMCG companies. The fund may also invest up to 10% of its assets in debt and money market securities. On the flip side, the risk associated with this fund is on the higher side since it invests only in FMCG companies.
Fund Information and Statistics
i) Inception/Launch Date
ICICI Prudential FMCG Fund - Direct Plan - Growth was launched on 1 January 2013.
ii) Risk Level
The ICICI Prudential FMCG Fund - Direct Plan - Growth is clubbed under the ‘high risk’ category of mutual funds since the fund invests only the securities of companies operating in the FMCG sector.
Since ICICI Prudential FMCG Fund - Direct Plan - Growth is open-ended, you can withdraw your investments at any time.
iv) Fund Manager
Mr Ihab Dalwai is the current fund manager of ICICI Prudential FMCG Fund - Direct Plan - Growth.
v) Entry/Exit Load
There is no entry load in order to comply with the regulations set by the Securities and Exchange Board of India (SEBI). An exit load of 1% is levied on units in excess of 10% on redeeming within one year from the date of allotment. Thereafter, no exit load applies.
About ICICI Prudential Mutual Fund
ICICI Prudential Mutual Fund is one of the largest fund houses in India. As per the latest information, the assets under management (AUM) of the ICICI fund house stood at a whopping Rs 3.67 lakh crore. It registered with the Securities and Exchange Board of India (SEBI) with ICICI Bank Ltd and Prudential Plc as its sponsors. The ICICI Prudential Trust Ltd is the trustee of ICICI Prudential Mutual Fund.
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Min amount: ₹1,000
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns