|Min SIP Amount||₹1000|
|NAV||₹17.05 (18 Sep 2020)|
|Fund Started||13 Sep 2013|
|Fund Size||₹91 Cr|
|Noreda Global Stable Equity Fund||Financial||Forgn.MF- Equity||96.8%|
ICICI Prudential Global Stable Equity Fund (FOF) Direct Growth is a Others Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 13 Sep 2013. Rohan Maru, Priyanka Khandelwal is the Current Fund Manager of ICICI Prudential Global Stable Equity Fund (FOF) Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹91 Cr and the Latest NAV as of 18 Sep 2020 is ₹17.05.
The ICICI Prudential Global Stable Equity Fund (FOF) Direct Growth is rated High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 month
The scheme seeks to provide adequate returns by investing in the units of overseas mutual fund schemes, which have the mandate to invest globally. Accordingly, the Scheme intends to invest in the units/shares of Nordea 1 - Global Stable Equity Fund - Unhedged (N1 - GSEF - U) and/or other overseas mutual funds. The fund manager may also invest in one or more other overseas mutual fund schemes, with similar investment policy/fundamental attributes and risk profile and is in accordance with the investment strategy of the Scheme.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.