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  • ICICI Prudential Infrastructure Fund (G) -Direct Plan

    ICICI Pru Infrastructure Fund(G)-Direct Plan
    Dividend Yearly
    NA
    Category
    Equity - Infrastructure
    52-week NAV high
    60.26  (As on 23-01-2018)
    52-week NAV low
    46.35  (As on 09-10-2018)
    Expense
    1.52%  (As on 30-11-2018)

    Performance

    1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
    Fund Returns -3.84 -6.87 -9.16 -15.72 6.77 7.49 4.15 12.93 -
    Scheme Details
    Fund Type
    Open Ended
    Investment Plan
    Growth
    Bonus
    NA
    Launch Date
    Jan 01, 2013
    Last Dividend
    NA
    Minimum Investment
    5000
  • ICICI Prudential Infrastructure Fund – Direct Plan – Growth is one of 15 equity schemes offered by ICICI Prudential Mutual Fund. It is a great investment option for those who want to create wealth in the long term through investment in equity and equity-related securities of companies that belong to the infrastructure and allied sectors.

    Investment Objective of ICICI Prudential Infrastructure Fund - Direct Plan – Growth

    The investment objective of ICICI Prudential Infrastructure Fund – Direct Plan – Growth is to generate capital growth along with income distribution through investment mainly in equity and equity-related instruments of companies that operate in the infrastructure sector.

    Key Features of ICICI Prudential Infrastructure Fund - Direct Plan - Growth

    Here are some of the key features of ICICI Prudential Infrastructure Fund - Direct Plan - Growth:

    Type of Fund Open-ended equity scheme following infrastructure theme
    Plans Available ICICI Prudential Infrastructure Fund – Direct Plan and ICICI Prudential Infrastructure Fund
    Options Under Each Plan Growth Option and Dividend Option. The Dividend Option has two sub-options: Dividend Payout and Dividend Reinvestment
    Systematic Investment Plan Available
    Systematic Transfer Plan Available
    Systematic Withdrawal Plan Available

    Investment Amount for ICICI Prudential Infrastructure Fund - Direct Plan - Growth

    Minimum Application Amount (for Growth option) Rs.5,000 (plus in multiple of Re.1)
    Minimum Additional Investment (for Growth option) Rs.1,000 (plus in multiple of Re.1)
    Minimum Instalment for Systematic Investment Plans Rs.1,000 (for monthly basis) and Rs.5,000 (for quarterly basis)
    Minimum Instalment for Systematic Withdrawal Plan Rs.500
    Entry Load Nil
    Exit Load 1% of the applicable NAV shall be levied as exit load in case of redemption of units within a year from the date of allotment

    Asset Allocation for ICICI Prudential Infrastructure Fund - Direct Plan - Growth

    Instruments Allocations (Percentage of total assets) Risk Profile
    Equity and equity-related instruments of companies involved in infrastructure theme 80% to 100% High
    Equity and equity-related instruments of companies apart from those involved in the infrastructure theme 0% to 20% Medium to High
    Units of REITs (Real Estate Investment Trusts) and InvIT (Infrastructure Investment Trusts) 0% to 10% Medium to High
    Money market and debt securities 0% to 20% Low to Medium

    Who can Invest in ICICI Prudential Infrastructure Fund - Direct Plan - Growth?

    • Indian residents who have attained the age of 18 years
    • Non-resident Indians (NRIs) or Persons of Indian Origin (PIOs)
    • Minors via parents or legal guardians
    • Kartas of Hindu Undivided Families (HUFs)
    • Partnership firms
    • Financial institutions and banks
    • Corporate bodies, companies, Public Sector Undertakings (PSUs), and societies with registration under the Societies Registration Act, 1860
    • Charitable and Religious Trusts
    • Foreign Portfolio Investors (FPIs)
    • Navy, Air Force, Army, and other paramilitary funds
    • Mutual fund schemes
    • Industrial and scientific research organisations
    • Any other institutions or individuals or corporate bodies as approved by the Asset Management Company from time to time
    • Any other investor category that may be notified by the Trustees from time to time

    NAV Disclosure and Benchmark for ICICI Prudential Infrastructure Fund - Direct Plan - Growth

    The Net Asset Value of a scheme is computed by the Asset Management Company by dividing the scheme’s net assets by the number of outstanding shares on the date of valuation. The investments shall be valued based on the valuation rules as mentioned in Schedule VIII of the rules, or related norms as may be prescribed by the Securities and Exchange Board of India.

    The following formula is used for the calculation of the Net Asset Value of a scheme:

    (Fair or market value of the investments made by the scheme + Current assets of the fund – current liabilities) / Number of outstanding shares

    Benchmark Index of ICICI Prudential Infrastructure Fund - Direct Plan - Growth: Nifty Infrastructure Index

    ICICI Prudential Infrastructure Fund - Direct Plan - Growth Fund Manager

    ICICI Prudential Infrastructure Fund - Direct Plan - Growth is managed by Mr. Sankaran Naren and Mr. Ihab Dalwai. Mr. Naren has been managing the equity part of the scheme since December 2015, while Mr. Dalwai has been in charge of the debt part since June 2017.

    Investment Restrictions of ICICI Prudential Infrastructure Fund – Direct Plan – Growth

    The following are the major investment restrictions of ICICI Prudential Infrastructure Fund - Direct Plan - Growth:

    • It cannot invest over 10% of its Net Asset Value in debt securities that consist of money market and non-money market securities issued by a single issuer if the securities are rated not under investment grade.
    • It cannot invest over 10% of its Net Asset Value in un-rated debt securities issued by a single issuer and the overall investment in these securities cannot be more than 25% of the scheme’s Net Asset Value.
    • Transfer of units from one fund to another can only be done if the transfers are made at the current market price for quoted securities on spot basis.

    Dividend Policy of ICICI Prudential Infrastructure Fund - Direct Plan - Growth

    Under the growth option of the scheme, no dividends can be declared by the company. The income accrued by the fund shall be reinvested in the fund and shall be reflected in the NAV.

    Other Facilities Offered by ICICI Prudential Infrastructure Fund - Direct Plan - Growth

    The following are some of the key facilities offered by ICICI Prudential Infrastructure Fund - Direct Plan - Growth:

    • SIP Plus: This is an additional feature to the Systematic Investment Plan that offers a Group Life Insurance Cover to investors. ICICI Prudential Asset Management Company Limited shall bear the expenses related to the life insurance cover offered by the scheme.
    • SIP Pause: This facility enables unitholders to pause their current SIP for a short period of time. The SIP shall not be discontinued when you choose this option. Instead, you will not be required to pay the SIP amount for as many months as you choose. The SIP can re-continue at the end of the Pause period. The minimum time for which this facility can be availed is one month, and the maximum is three months.
    • Liquidity: This facility enables investors to transfer the appreciation amount or dividend reinvestment amount or dividend payout amount or any other amount from the main scheme to target schemes.

    Why you should invest in ICICI Prudential Infrastructure Fund - Direct Plan - Growth

    ICICI Prudential Infrastructure Fund – Direct Plan – Growth is a good option for investors who wish to create wealth in the long term through investment mainly in companies that belong to the infrastructure and allied structures.

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