ICICI Prudential FMCG Fund Direct Plan Growth
Net Asset Value
AUM (Fund size)
1 % for 15 days
Very High Risk
|Hindustan Unilever Ltd||11.16%|
|Britannia Industries Ltd||5.39%|
|United Spirits Ltd||4.17%|
|Aditya Birla Fashion and Retail Ltd||3.78%|
|United Breweries Ltd||3.32%|
|Procter & Gamble Hygiene and Health Care Ltd||3.17%|
|Unilever PLC ADR||2.89%|
|Anheuser-Busch InBev SA/NV ADR||2.58%|
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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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What are equity funds?
Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization
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It is the suggested period for which one should invest in a mutual fund. It does not mean that the money will be locked-in for that period. While the investor can withdraw the money anytime before, it is advisable to stay invested for the suggested period to reap the best benefits (returns).
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SEBI ranks all listed companies based on the overall market capitalization (total value of outstanding shares). Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization. Large-cap funds invest in top 100 companies Mid-cap funds invest in companies ranking from 101 to 250 Small-cap funds invest in companies ranking from 251st onwards Multi-cap funds invest in small cap, mid cap and large cap companies
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Liquid funds is a type of mutual funds which have a very short maturity period, not more than 91 days. The shorter maturity period, makes it almost a risk-free investment. Investing in mutual funds will give you higher returns as compared to a savings account which generally offer interests below 4%. At the same time, you can get your money out of liquid funds any time without any penalty or cost.
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ELSS funds are tax saving mutual funds, in which majority of the funds are invested in equity schemes. ELSS has a lock-in period of 3 years. ELSS has benefits over other conventional tax saving instruments like FDs, NPS, etc. It has the lowest lock in period and the returns are higher than the other tax-saving schemes.
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