July 18, 2022
mayank
ICICI Prudential Strategic Metal and Energy Equity FoF Guidance
NAV Growth : Rs 10.7130
NAV IDCW : Rs 10.7133
Suitable For Which Investors ?
“This is a fund that invests mainly in shares of foreign companies. When you invest for five years or more, you can expect gains that 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.
International equity funds are suitable to invest a part of your money in for diversification, so that if the Indian markets are going through a sharp correction, a portion of your money is insulated. But make sure you invest in a fund that has a broad mandate of investing in companies of different sizes, sectors and countries.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to invests in the units/shares of First Trust Strategic Metal and Energy Equity UCITS Fund. The Scheme may also invest a certain portion of its corpus in domestic debt or money market securities and/or debt mutual fund schemes/liquid schemes of domestic mutual funds including that of ICICI Prudential Mutual Fund, in order to meet liquidity requirements from time to time.
Fund Manager :
— Sharmila D’mello
Education : Ms. D’mello is CA and BAF
Experience : She joined ICICI Prudential AMC Limited in September 2016.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | — |
| 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: | 28-Jan-22 |
| Return Since Launch: | 7.13% |
| Benchmark: | NYSE Arca Gold Miners Index (50), S&P Oil & Gas Exploration & Production Select Industry (50) |
| Riskometer: | Very High |
| Type: | Open-ended |
| % Assets: | Rs 72 Cr |
| (As on 30-Jun-2022) | |
| Expense: | 0.25% |
| (As on 31-May-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | — |
ICICI Prudential Strategic Metal and Energy Equity FoF 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 Strategic Metal and Energy Equity FoF Direct-G | — | 1.32 | -3.22 | -15.64 | -17.26 | — | — | — | — | — | — |
| S&P BSE 500 TRI* | — | 0.65 | -0.21 | 3.22 | -8.27 | — | — | — | — | — | — |
ICICI Prudential Strategic Metal and Energy Equity FoF Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential Strategic Metal and Energy Equity FoF | Unrated | Jan-22 | — | — | — | 0.25 | 72 |
| Motilal Oswal Nasdaq 100 FOF | Unrated | Nov-18 | -14.67 | 19.88 | — | 0.1 | 3,286 |
| Franklin India Feeder Franklin US Opportunities Fund | Unrated | Jan-13 | -26.85 | 9.71 | 13.96 | 0.5 | 2,888 |
| Motilal Oswal S&P 500 Index Fund | Unrated | Apr-20 | -6.87 | — | — | 0.52 | 2,384 |
| ICICI Prudential US Bluechip Equity Fund | Unrated | Jan-13 | -6.93 | 15.87 | 15.52 | 1.08 | 1,866 |
ICICI Prudential Strategic Metal and Energy Equity FoF Guidance by Chanakya :
Do not invest in this, or any other international equity fund, if you need to redeem your investment in less than five years.
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