ICICI  Mutual Fund launched new fund offer ICICI Pru Growth Fund -Series 4, a  3.5 year closed ended scheme. The NFO Opens for subscription on 13  Oct 2014 & closes on 27 Oct 2014.  No entry load will be applicable for the scheme.

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Scheme Details

Key Scheme Feature 
Scheme NameICICI Pru Growth Fund - Series 4
Fund HouseICICI Prudential Mutual Fund
TypeClose Ended Scheme
CategoryLarge Cap
BenchmarkCNX Nifty Index
Option Growth / Dividend
Fund ManagerYogesh Bhatt and Vinay Sharma
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Scheme NameICICI Pru. Growth Fund - Series 4
NFO Open13 Oct 2014
NFO Close27 Oct 2014
Scheme Type3.5 year Closed Ended scheme
PlanRegular
Minimum Application AmountRs 5000
Load StructureFor Purchase during NFO : Entry & Exit - NIL

Cheque Details            : “ICICI Pru Growth Fund  -Series 4”

Who can Invest

This product is suitable for investors:

  • Seeking long term capital appreciation
  • With risk appetite of investing in Equities
  • Investors willing to take exposure in equity and equity related securities

Objective

Investment Objective for ICICI Pru growth fund Series 4 Issue

  • Identifying growth stock within the framework of fundamentals and management quality
  • Invest in around 15 high conviction large cap stock
  • Invest in 10 high conviction mid/small cap stocks with bottom up approach
  • Identify out-performers on absolute basis over medium term
  • Declaring commensurate Dividends

Stock Selection Idea

Analyse Global and Domestic Macro economic trends along with market Fundamentals

  • Primary Theme
    • Identify primary theme that is likely to outperform in the current market cycle based on top down analysis
    • Identify sector under theme that have potential growth opportunities
    • Around 75% of the Corpus will be invested in stocks within these sectors
  • Secondary Theme
    • Identify Secondary theme/Sector base on Top Down/bottom up analysis
    • Identify relatively undervalued Large Cap stocks within this theme/sector
    • Around 25% of the Corpus will be invested in such stocks

 

 

 

Why

Why Now?

What has happened 

  • Easier environment clearance
  • Higher FDI in Railway, defence
  • No retrospective taxation

What is Happening

  • Simplification of industrial rules like licensing
  • Resolution of stuck PPP projects dispute
  • New avenues for funding infra and construction projects through REITs and relaxation in norms for banks

What is Expected 

  • Easier labour and land-acquisition laws
  • Pickup in PPP project awards
  • Program in large new infra projects
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Contact Us for Investment

rajendra@puneinvest.com

Mobile 7719917444

RajendraMutual FundICICI  Mutual Fund launched new fund offer ICICI Pru Growth Fund -Series 4, a  3.5 year closed ended scheme. The NFO Opens for subscription on 13  Oct 2014 & closes on 27 Oct 2014.  No entry load will be applicable for the scheme.   Contact Us for Investment rajendra@puneinvest.com Mobile 7719917444Investment you need