ICICI Prudential US Bluechip Equity Fund Direct Plan Growth
Min amount: ₹1,000
- Fund Summary
- More about Fund
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- Why Cleartax
|Risk||Very High Risk|
|Fund Type||Global - Other|
|Exit Load||1% for 31 Days|
More about this fund
|Lockheed Martin Corp||2.99%|
|Altria Group Inc||2.95%|
|Northrop Grumman Corp||2.79%|
|Philip Morris International Inc||2.63%|
About ICICI Prudential US Bluechip Equity Fund
ICICI Prudential US Bluechip Equity Fund is an open-ended thematic/sectoral equity fund that aims to provide long-term capital appreciation. It primarily invests in equity and equity-related securities of companies listed on USA’s recognised stock exchanges. The scheme also invests in ADRs/GDRs issued by both Indian and foreign companies.
Pros and Cons of ICICI Prudential US Bluechip Equity Fund
The fund does not guarantee that the investment objective will be achieved. However, the previous data states that the returns from the investment on this fund is higher than the category average returns.
Fund Information and Statistics
i) Inception/Launch Date ICICI Prudential US Bluechip Equity Fund was rolled out on 6 July 2012.
ii) Risk Level The fund primarily invests in large-cap companies listed in the USA and is suitable for those investors with a high risk appetite, looking for higher returns with medium term goals, such as portfolio diversification and foreign education.
iii) Redemption There is no lock-in period for the investment made in this fund. However, you may have to bear an exit load/capital gains tax when you redeem the units.
iv) Fund Manager Mr Rohan Maru and Ms Priyanka Khandelwal are the current Fund Managers for ICICI Prudential US Bluechip Equity Fund.
v) Entry/Exit Load Entry load is not applicable to mutual fund purchases as per SEBI’s order. An exit load of 1% is applicable if you happen to redeem/switch-out units within a period of 1 month from the date of allotment. If you redeem/switch-out after 1 month, no exit load is applicable.
About ICICI Prudential Asset Management Company
ICICI Prudential Asset Management Company, a leading asset management company in India, has been operational for over two decades now. The AMC offers more than 68 mutual fund schemes to its customers with assets under management worth Rs.3.44 lakh crore as on 31 July 2019.
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Frequently Asked Questions
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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