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ICICI Prudential AMC has launched a new fund offer for ICICI Prudential Flexicap Fund. The fund is open for subscription between June 28 and July 12. 

Read on to find out more about the NFO.

Investment Objective

ICICI Prudential Flexicap Fund is an open-ended equity mutual fund that will dynamically invest in small-, mid-, and large-cap stocks. 

Invest in direct mutual funds

  • Enjoy 0% commission
  • SIP starting at ₹500

Flexi-cap funds are equity mutual funds that invest in stocks across market capitalisations without any upper limit on any market cap.

Indicative Asset Allocation

Types of Instruments  Indicative allocation  (% of total assets)  Risk Profile
Minimum Maximum
Equity & Equity related

instruments of large-cap, mid-cap

and small-cap companies 

65% 100% Medium to high
Other Equity & Equity related

instruments

0% 35% Medium to high
Debt instruments, Units of Debt

Mutual Fund schemes and Money

market instruments

0% 35% Low to medium
Preference shares 0% 10% Medium to high
Units issued by Reits and InvIT 0% 10% Medium to high

Fund Details

Scheme name ICICI Prudential Flexicap Fund
Type of scheme An equity fund that will invest in stocks of large-cap, mid-cap and small-cap companies
NFO Dates June 28, 2021, to July 12, 2021
Fund Managers
  • Rajat Chandak
  • Priyanka Khandelwal
Benchmark S&P BSE 500 TRI
Minimum Amount for Application during NFO Rs.5,000 and in multiples of Re. 1/- after that.  
Minimum Additional Application Amount Rs.1,000 and in multiples of Re. 1/- after that.
Minimum Redemption Amount Any amount
Load a) Entry Load: Not Applicable 

b) Exit Load:
1%– If redeemed or switched out within 12 months

Nil – If redeemed or switched out after 12 months.

Plans Direct and Regular
Options
  1. Growth
  2. IDCW Option (with IDCW Payout and IDCW Reinvestment sub-options)
Minimum SIP Amount Rs 100 for minimum of 6 months

Benchmark

S&P BSE 500

The benchmark index consists of the top 500 companies listed at BSE.

Fund Managers

Rajat Chandak

Mr. Chandak has experience of around 11 years in fund management and research. He has been with the AMC since May 2008.

Other schemes managed by him are:

  • ICICI Prudential Bluechip Fund
  • ICICI Prudential Bharat Consumption Fund – Series 4
  • ICICI Prudential Long Term Wealth Enhancement Fund
  • ICICI Prudential Regular Savings Fund
  • ICICI Prudential Capital Protection Oriented Fund – Series XIV – Plan A 1275 Days
  • ICICI Prudential Bharat Consumption Fund
  • ICICI Prudential Multicap Fund
  • ICICI Prudential Balanced Advantage Fund

Priyanka Khandelwal

Ms. Khandelwal has been with the AMC since October 2014.

Other schemes managed by her are:

  • ICICI Prudential US Bluechip Equity Fund
  • ICICI Prudential Global Stable Equity Fund (FOF)
  • Dedicated fund manager for overseas investments in funds that have a mandate to invest in overseas securities.

Happy Investing!

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Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.