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Wednesday, December 29, 2021

NFO Review | ICICI Prudential Passive Multi-Asset Fund of Funds | Nivesh Gyan | Jignesh Parmar

 


ICICI Prudential Passive Multi-Asset Fund of Funds

(An open ended fund of funds scheme investing in equity, debt, gold

and global index funds/exchange traded funds)

New Fund Offer Opens on: December 27, 2021

New Fund Offer Closes on: January 10, 2022





Investment Objective :

 

ICICI Prudential Passive Multi-Asset Fund of Funds is a Fund ofFunds scheme with the primary objective to generate returns bypredominantly investing in passively managed funds launched inIndia and/or overseas.

However, there can be no assurance or guarantee that theinvestment objective of the Scheme would be

 

Benchmark of the Scheme

CRISIL Hybrid50+50- Moderate Index (80% weightage) + S&P Global 1200

Index (15% weightage) + Domestic Gold Price (5% weightage).

The Trustee reserves right to change the benchmark for performance of the scheme by suitable notification to the investors to this effect.

 

Minimum Application Amount:

DURING NFO PERIOD / ONGOING OFFERPERIOD:

Rs. 1000/- (plus in multiple of Re. 1)

Minimum application amount for switch ins - Rs. 1000/- and Any amount thereafter

Minimum additional application amount

Rs. 1000/- and in multiples of Re. 1/-

Minimum additional application amount for switch ins - Rs. 1000/- and Any amount thereafter

 

Plans :Regular &Direct Plan

Options: Growth Option (IDCW) with Pay out of Income Distribution cum capital withdrawal

 

ICICI Prudential Passive Multi-Asset Fund of Funds is suitable for investors who are:

 

· Long term wealth creation

· An open ended fund of funds scheme investing inequity, debt, gold and global index

funds/exchange traded funds

 

è Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

 

 

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