ICICI Prudential Passive Strategy Fund(FOF) Growth - Latest NAV, Returns, Performance & Portfolio

ICICI Prudential Passive Strategy Fund(FOF) Growth

  • highlight
    6.07%
  • highlight
    (--0.09)12.6299

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Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 9.36 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years6.07%
3 Years8.91%
1 Year19.5%
6 Months13.94%
Fund Details
ISININF109K01TK8
RiskModerately High risk
Fund TypeSector - Precious Metals
NAV12.6299
Exit Load1% for 15 Days

More about this fundstar

Top HoldingsWeightage
ICICI Prudential Gold ETF98.07%

"## About ICICI Prudential Regular Gold Savings Fund ICICI Prudential Regular Gold Savings Fund is an open-ended fund of funds scheme primarily in units of ICICI Prudential Gold iWIN ETF. The fund aims to offer long-term wealth creation solution by investing in the aforementioned ETF. The scheme may invest up to 5% of the capital in debt and money market instruments.

Pros & Cons of ICICI Prudential Regular Gold Savings Fund

ICICI Prudential Regular Gold Savings Fund offers the following benefits:

  • The fund enables investors to experience capital appreciation in-line with ICICI Prudential Gold iWIN ETF.
  • It gives investors an easy investment option. However, the long-term fund returns are substantially lower than the average category return.

Fund Information and Statistics of ICICI Prudential Regular Gold Savings Fund

Inception / Launch date

The ICICI Prudential Regular Gold Savings Fund was launched on October 11, 2011, by ICICI AMC.

Risk level

Investment in this fund are at moderately-high risk and suitable for long-term investment horizon.

Redemption

The units can be redeemed on any business day at applicable NAV prices. The proceeds will be dispatched by the fund house within 10 days from acceptance of the Redemption request.

Fund Manager

The fund is jointly managed by Mr Manish Banthia since September 2012. He is a B. Com, CA, & MBA and has been associated with ICICI since October 2005.

Entry / Exit load

The fund house does not charge any entry load. However, 1% exit load is charged if redeemed within 15 months from the date of allotment. No exit load is charged after one year.

Tax benefits of investing in ICICI Prudential Regular Gold Savings Fund

  • The Short-term capital gain tax is applicable as per the income tax slab if sold before 36 months.
  • If the investments are redeemed after 36 months, a long-term capital gain tax of 20% with indexation is levied.

About ICICI Prudential Mutual Fund

ICICI Prudential is a joint venture between ICICI Bank and Prudential Plc which is an international financial services group. The latter manages £669 billion of assets in Asia, US, and the UK. ICICI Bank is one of the largest private sector banks in India. The joint venture that was started in 1998, today serves over 3 million investors across 200 locations. ? "

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 9.36 Lakhs in a period of 20 years
Moderately 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