July 9, 2022
mayank
ICICI Prudential MNC Fund Guidance
NAV Growth : Rs 18.9300
NAV IDCW : Rs 16.1900
Suitable For Which Investors ?
This is a fund that invests mainly in the shares of multinational companies.
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities within MNC space.
Fund Manager :
— Anish Tawakley
Education : Mr. Tawakley has done PGDM (MBA) from IIM Bangalore and B. Tech (Mechanical Engineering) from IIT Delhi
Experience : Prior joining to ICICI AMC he has worked with Barclays India – Equity Research, Credit Suisse India – Equity research – Indian financial services sector,
— Vaibhav Dusad
Education : Mr. Dusad has done B.Tech, M.Tech and MBA
Experience : Prior to joining ICICI Prudential AMC Ltd, he has worked with Morgan Stanley, HSBC Global Banking and Markets, CRISIL, Zinnov Mangement Consulting and Citibank Singapore.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 1 |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | 1% for redemption within 365 days |
Basic Details
| Fund House: | ICICI Prudential Mutual Fund |
| Launch Date: | 17-Jun-19 |
| Return Since Launch: | 23.19% |
| Benchmark: | NIFTY MNC TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 1,217 Cr |
| (As on 31-May-2022) | |
| Expense: | 1.06% |
| (As on 31-May-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | 73.00% |
ICICI Prudential MNC Fund Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| ICICI Pru MNC Fund Direct-G | -4.35 | 0.11 | 3.61 | 2.55 | -4.1 | -5.21 | 9.49 | 23.76 | — | — | — |
| S&P BSE 500 TRI | -6.76 | 0.45 | 3.26 | -0.25 | -9.28 | -8.91 | 3.58 | 15.23 | — | — | — |
| Equity: Thematic-MNC | -6.62 | 0.03 | 3.98 | 3.33 | -3.58 | -7.14 | 3.14 | 16.04 | — | — | — |
| Rank within category | 2 | 2 | 4 | 3 | 2 | 2 | 1 | 1 | — | — | — |
| Number of funds in category | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 0 |
ICICI Prudential MNC Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential MNC Fund | Unrated | Jun-19 | 9.49 | 23.76 | — | 1.06% | 1,217 |
| SBI Magnum Global Fund | Unrated | Jan-13 | 1.68 | 18.22 | 11.91 | 1.26% | 4,824 |
| Aditya Birla Sun Life MNC Fund | Unrated | Jan-13 | -4.26 | 8.8 | 6.88 | 1.29% | 3,346 |
| UTI MNC Fund | Unrated | Jan-13 | 5.67 | 13.39 | 9.53 | 1.24% | 2,368 |
Portfolio Analysis
| Number of Stocks | 78 |
| Top 10 Stocks (%) | 35.77 |
| Top 5 Stocks (%) | 22.35 |
| Top 3 Sectors (%) | 54.21 |
| Portfolio P/B Ratio | 4.02 |
| Portfolio P/E Ratio | 29.36 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 74,446 | 67,677 |
| Giant (%) | 35.16 | 26.69 |
| Large (%) | 21.77 | 15.43 |
| Mid (%) | 34.61 | 50.51 |
| Small (%) | 8.45 | 7.37 |
| Tiny (%) | — | — |
ICICI Prudential MNC Fund Guidance by Chanakya :
Do not invest in this, or any other MNC fund, if you need to redeem your investment in less than five years.
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