ICICI  Mutual Fund launched new fund offer ICICI Pru. Growth Fund -Series 3, a  3.5 year closed ended scheme. The NFO Opens for subscription on 17 Sep 2014 & closes on 01 Oct 2014.  No entry load will be applicable for the scheme.

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[wptabtitle] Scheme Details[/wptabtitle] [wptabcontent]Key Scheme Feature 

Scheme NameICICI Pru Growth Fund - Series 3
Fund HouseICICI Prudential Mutual Fund
TypeClose Ended Scheme
Category
BenchmarkCNX Nifty Index
OptionGrowth / Dividend
Fund Manager Manish Gunwani
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Scheme NameICICI Pru. Growth Fund - Series 3
NFO Open17 Sep 2014
NFO Close01 Oct 2014
Scheme Type3.5 year Closed Ended scheme
PlanRegular
Minimum Application AmountRs 5000
Load StructureFor Purchase during NFO : Entry & Exit - NIL

Cheque Details            : “ICICI Pru Growth Fund -Series 3”

Who can Invest

This product is suitable for investors:

  • Seeking long term capital appreciation
  • With risk appetite of investing in Equities
  • Investors willing to take exposure in equity and equity related securities

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[wptabtitle] Objective[/wptabtitle] [wptabcontent]Investment Objective for Series 3 Issue

  • Identifying growth stock within the framework of fundamentals and management quality
  • opportunistically investing across market cap
  • Taking concentrated sector calls.
  • Declaring commensurate Dividends

Stock Selection Idea

 

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[wptabtitle]Why[/wptabtitle] [wptabcontent]

Why Now?

What has happened 

  • Easier environment clearance
  • Higher FDI in Railway, defence
  • No retrospective taxation

What is Happening

  • Simplification of industrial rules like licensing
  • Resolution of stuck PPP projects dispute
  • New avenues for funding infra and construction projects through REITs and relaxation in norms for banks

What is Expected 

  • Easier labour and land-acquisition laws
  • Pickup in PPP project awards
  • Program in large new infra projects

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Contact Us for Investment

rajendra@puneinvest.com

Mobile 7719917444

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