3 Year return
15.32%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹1743.61 Cr.
Expense Ratio
1.04% (inclusive of GST)
Exit Load
1% of applicable Net Asset Value - If the amount, sought to be redeemed or switch out is invested for a period of upto twelve months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than twelve months from the date of allotment
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
ICICI Prudential Mutual Fund Managers
AT
Anish Tawakley
Fund Manager since Apr 2022
Fund House Details
ICICI Prudential Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
|
Funds
|
3 Y Returns
|
ARQ Rating
|
|---|---|---|
|
Quant Infrastructure Fund |
25.57% |
0 |
|
DSP Healthcare Fund |
22.99% |
0 |
|
ICICI Prudential Commodities Fund |
19.52% |
0 |
Schemes by ICICI Prudential Mutual Fund
List of mutual fund schemes by AMC
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Growth
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan IDCW Payout
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan IDCW Reinvestment
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Annual IDCW Payout
Debt . Dynamic Bond
ICICI Prudential All Seasons Bond Fund Direct Plan Annual IDCW Reinvestment
About ICICI Prudential MNC Fund Direct Plan-Growth
The ICICI Prudential MNC Fund Direct-Growth falls under the Thematic-MNC category, managed by the ICICI Prudential Mutual Fund. Being thematic in nature, it strategically invests in multinational corporations (MNCs) and presents a unique proposition to potentially counteract inflation over extended periods. There is no lock-in period on this fund. It is an open-ended scheme, where investors can buy or sell fund units at any time.
Investment Objective of the Scheme
At its core, the ICICI Prudential MNC Fund Direct Plan-Growth is laser-focused on achieving long-term capital appreciation. It does this by primarily directing its assets towards equity and equity-related securities of multinational companies. MNCs are often characterised by their global presence, strong brand value, robust governance standards, and the ability to capitalise on economies of scale.
Key Features of The Fund
| 5-year return | 23.01% |
| Expense Ratio | 1.04% |
| Fund Manager | Anish Tawakley |
| Fund Size | ₹1743.61 Cr |
| Risk Profile | Very High |
Is This Scheme Right for Me?
ICICI Prudential MNC Fund Direct Plan-Growth can be suitable for investors who possess a deep understanding of macroeconomic trends and have a knack for making calculated, selective investment choices that could lead to enhanced returns when juxtaposed with other equity funds. Ideally, this fund is for those who are looking at an indicative investment horizon spanning five years or more. However, it's crucial for the potential investors to appreciate the associated risks. While the fund seeks to capitalise on the strengths of MNCs, the thematic nature means it could be more sensitive to global macroeconomic shifts. However, talk to your financial advisor and do your own research before making a decision.
AMC Contact Details
| Name | ICICI Prudential Mutual Fund |
| Launch Date | June 1993 |
| Addresss | One BKC 13th Floor, Bandra Kurla Complex, Bandra, Mumbai – 400 051 |
| Contact | 18002006000 91 22 2652 5000 |
| enquiry@icicipruamc.com | |
| Website | https://www.icicipruamc.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Invest Smart, Start Your SIP Today
FAQs
What is today's NAV of ICICI Prudential MNC Fund?
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What is the expense ratio of ICICI Prudential MNC Fund?
What are the returns of ICICI Prudential MNC Fund since inception?
What is the minimum SIP amount to invest in ICICI Prudential MNC Fund?
How do I invest in ICICI Prudential MNC Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in ICICI Prudential MNC Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in ICICI Prudential MNC Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in ICICI Prudential MNC Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
