ICICI Prudential Global Advantage Fund(FOF) Regular Growth - Latest NAV, Returns, Performance & Portfolio

ICICI Prudential Global Advantage Fund(FOF) Regular Growth

  • highlight
    8.22%
  • highlight
    (--0.04)16.67

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Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 12.19 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years8.22%
3 Years9.41%
1 Year13.52%
6 Months12.15%
Fund Details
ISININF109KA1CB6
RiskHigh Risk
Fund TypeGlobal - Other
NAV16.67
Exit Load1% for 31 Days

More about this fundstar

Top HoldingsWeightage
Nordea 1 - Global Stable Equity Z USD98%

About ICICI Prudential Global Stable Equity Fund

ICICI Prudential Global Stable Equity Fund is an open-ended fund of fund schemes investing in overseas mutual fund schemes. The fund will predominantly invest in Nordea 1 – Global Stable Equity Fund – Unhedged (N1 – GSEF – U). The fund may also invest in other overseas global mutual funds and up to 5% capital in debt instruments. The fund seeks to provide long-term wealth creation opportunity.

Pros & Cons of ICICI Prudential Global Stable Equity Fund

ICICI Prudential Global Stable Equity Fund offers the following benefits:

  • The fund enables investors to invest across geographies thereby reducing the risk of dependence on a single economy.
  • It provides an opportunity to earn returns from other growing economies.
  • The fund returns except for 3-year are higher than the average category returns.

Fund Information and Statistics of ICICI Prudential Global Stable Equity Fund

Inception / Launch date

The ICICI Prudential Global Stable Equity Fund was launched on September 13, 2013, by ICICI Prudential AMC.

Risk level

Investment in this fund is at a high-risk and suitable only for investors with above-average risk appetite.

Redemption

Redemption of the units will be done at applicable NAV prices on every business day. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from the date of acceptance of redemption request.

Fund Manager

The fund is jointly managed by Mr Rohan Maru since September 2013 and Ms Priyanka Khandelwal since June 2017.

Entry / Exit load

The fund house does not charge any entry load. A 1% exit load is charged if sold before 1 month, and no exit load is charged after 1 month.

Tax benefits of investing in ICICI Prudential Global Stable Equity Fund

  • A 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 fund house offers 47 mutual fund products and serves 3 million customers. ICICI Prudential Mutual Fund strives to deliver higher risk-adjusted returns with consistent long-term performance.

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Frequently Asked Questions

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 12.19 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