ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth - Latest NAV ₹19.09, Returns, Performance & Portfolio

ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth

  • highlight
    8.54%
  • highlight
    (--0.22)19.09

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.35 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years8.54%
3 Years9.27%
1 Year11.31%
6 Months8.96%
Fund Details
ISININF109KA1CE0
RiskHigh Risk
Fund TypeGlobal - Other
NAV19.09
Exit Load1% for 31 Days

More about this fundstar

Top HoldingsWeightage
Nordea 1 - Global Stable Equity Z USD98.51%

About ICICI Prudential Global Stable Equity Fund - Direct Plan - Growth

The main intention of the ICICI Prudential Global Stable Equity Fund is to generate reasonable returns by investing in the units of international mutual fund plans that, in turn, invest globally. The scheme invests in the units of Nordea 1 Global Stable Equity Fund - Unhedged (N1 - GSEF - U) and similar overseas mutual fund schemes.

Pros and Cons of ICICI Prudential Global Stable Equity Fund - Direct Plan - Growth

The most significant advantage of investing in this fund you gain exposure to international securities. This gives you the potential to earn overwhelming returns when the global markets seem favourable. On the flip side, the fund can be risky at times as several geopolitical and economic factors affect its performance.

Fund Information and Statistics

i) Inception/Launch Date

ICICI Prudential Global Stable Equity Fund - Direct Plan - Growth was launched on 13 September 2013.

ii) Risk Level

ICICI Prudential Global Stable Equity Fund - Direct Plan - Growth is clubbed under ‘high risk’ category of mutual funds.

iii) Redemption

Since ICICI Prudential Global Stable Equity Fund - Direct Plan - Growth is an open-ended mutual fund scheme, the redemption requests can be placed at any time.

iv) Fund Manager

Mr Rohan Maru is the current fund manager of ICICI Prudential Global Stable Equity Fund - Direct Plan - Growth.

v) Entry/Exit Load

ICICI Prudential Global Stable Equity Fund - Direct Plan - Growth does not have any entry load as per the directives of the Securities and Exchange Board of India (SEBI). An exit load of 1% will be charged on redemptions made within one month from the date of allocation.

About ICICI Prudential Mutual Fund

The ICICI Prudential Mutual Fund entered the Indian mutual fund fore back in December 1999. The fund house was set up as a result of the joint venture between ICICI Bank Ltd and Prudential Plc, and they are the sponsorers of the fund house as well. With assets worth a massive Rs 3.67 lakh crore under its management as of June 2020, ICICI Prudential Mutual Fund is a leading fund house in India.

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.35 Lakhs in a period of 20 years
High Risk

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