ICICI Prudential Global Advantage Fund FOF Direct Growth
Equity
Direct
Global - Other
NAV as on 03-01-2025
₹ 16.32
▲0.2%
1D
Inception Returns
9.8%
/yr
About ICICI Prudential Global Advantage Fund FOF Direct Growth
ICICI Prudential Global Advantage Fund FOF Direct Growth is an equity fund. This fund was started on 9 October, 2019. The fund is managed by Sankaran Naren, Dharmesh Kakkad. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Global Advantage Fund FOF Direct Growth has ₹327 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 1.6.
Returns
ICICI Prudential Global Advantage Fund FOF Direct Growth has given a CAGR return of 9.78% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.84%, 6.11% and 7.34% respectively.
Holdings
ICICI Prudential Global Advantage Fund FOF Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Industrial, Health, Consumer Defensive, Communication, Basic Materials, Real Estate, Energy, Utilities. Its top holdings are ICICI Pru US Bluechip Equity Dir Gr, Nippon India ETF Hang Seng BeES, Nippon India Japan Equity Dir Gr, Franklin Asian Eq Dir Gr
Taxation
As it is a global - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of ICICI Prudential Global Advantage Fund FOF Direct Growth
ICICI Prudential Global Advantage Fund (the scheme) is a Fund of Funds scheme with the primary objective to generate returns by investing in units of one or more mutual fund schemes / ETFs (manage by ICICI Prudential Mutual Fund or any other Mutual Fund(s)) which predominantly invest in international markets. Certain corpus of the scheme will also be invest in units of domestic mutual fund schemes / ETFs manage by ICICI Prudential Mutual Fund or any other Mutual Fund(s) However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential Global Advantage Fund FOF Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for ICICI Prudential Global Advantage Fund FOF Direct Growth
ICICI Prudential Global Advantage Fund FOF Direct Growth Overview
| Expense ratio | 1.6% |
Benchmark | S&P Global 1200 TR |
| AUM | ₹327 Cr |
| Inception Date | 9 October, 2019 |
| Min Lumpsum/SIP | --/-- |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 5.46% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (03-Jan-25)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Nippon India ETF Hang Seng BeES | 27.57% | -1.7% |
Mutual Fund Insights
ICICI Prudential Global Advantage Fund FOF Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹327 Cr
Expense Ratio 1.6%
Frequently Asked Questions for ICICI Prudential Global Advantage Fund FOF Direct Growth
ICICI Prudential Global Advantage Fund FOF Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.93% | -0.93% |
6 Month Returns | 8.01% | 8.01% |
1 Year Returns | 20.84% | 20.84% |
3 Years Returns | 19.48% | 6.11% |
5 Years Returns | 42.53% | 7.34% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Global Advantage Fund FOF Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Global Advantage Fund FOF Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Global Advantage Fund FOF Direct Growth | 0.85 | 0.06 | 0.2 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Global Advantage Fund FOF Direct Growth | 13.33 | 15.87 | 14.79 |