Skip to main content

ICICI Prudential Value Fund Series I

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

Performance of the scheme will be benchmarked to the S&P BSE 500 index

ICICI Prudential Value Fund is a closeended equity scheme. The scheme will have tenure of three years (1095 days) from the date of allotment of units. Units of the scheme will be fully redeemed at the end of the maturity period, unless rolled over.


NFO PERIOD:

 

The NFO is open from October 18 to 28. The minimum subscription during the NFO period is Rs 5,000.


SCHEME OBJECTIVE:

 

The scheme aims to provide long-term capital growth by investing in a well-diversified portfolio of equity and equity-related securities.


INVESTMENT STRATEGY:

 

 The fund proposes to invest in stocks that are trading at a huge discount in the BSE 500 index and plans to book profit and distribute dividends regularly rather than waiting for 2-3 years as that could even wipe out the gains. As per the information document of the scheme, on the debt side the investment will be only in those securities that mature on or before the date of ma turity of the scheme.

BENCHMARK:

 

Perfor mance of the scheme will be benchmarked to the S&P BSE 500 index. S&P BSE 500 index repre sents nearly 94 per cent of the total market capi talisation on BSE. S&P BSE 500 covers the 20 major industries of the economy. The index consists of both growth and value stocks and is a fair representation of the indicative universe of the portfolio of the scheme.


ASSET ALLOCATION:

Indicative allocations are minimum 80 per cent to a maximum of 100 per cent in equity and equity-related instruments and up to 20 per cent in debt, money market instruments and cash.

The new fund offer from ICICI Prudential Mutual Fund is a departure from existing closeended equity funds, as such funds declare dividends only after the completion of the first year. But in this case, investors can look forward to dividend distribution much earlier, even before the completion of the first year of their investment. ICICI Pru Value Fund proposes to give dividend as and when the investment shows the desired appreciation in the net asset value.


The fund only offers the dividend option unlike other funds that also offer growth option. Equity funds with three-year lock-in have a better chance of rewarding investors with a good returns compared with an openended fund, where redemption pressure often doesn't allow fund managers to go for a long-term investment strategy. Value investing would be a good option now as the new government is expected to focus on growth, which will be a positive for the stocks that are now trading at discount.

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

OR

You can write back to us at PrajnaCapital [at] Gmail [dot] Com

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

  1. ICICI Prudential Tax Plan Invest Online
  2. HDFC TaxSaver Invest Online
  3. DSP BlackRock Tax Saver Fund Invest Online
  4. Reliance Tax Saver (ELSS) Fund Invest Online
  5. Birla Sun Life Tax Relief '96 Invest Online
  6. IDFC Tax Advantage (ELSS) Fund Invest Online
  7. SBI Magnum Tax Gain Scheme 1993 Invest Online
  8. Sundaram Tax Saver Invest Online
  9. Edelweiss ELSS Invest Online

------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Birla Sun Life Front Line Equity Fund
    2. Large and Midcap Funds Invest Online
      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
    1. Mid and SmallCap Funds Invest Online
      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
    1. Small and MicroCap Funds Invest Online
      1. DSP BlackRock MicroCap Fund
    1. Sector Funds Invest Online
      1. Reliance Banking Fund
      2. Reliance Banking Fund
    1. Tax Saver MutualFunds Invest Online
      1. ICICI Prudential Tax Plan
      2. HDFC Taxsaver
      3. DSP BlackRock Tax Saver Fund
      4. Reliance Tax Saver (ELSS) Fund
    2. Gold Mutual Funds Invest Online
      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund

Popular posts from this blog

JP Morgan India Equity Fund Online

Invest JP Morgan India Equity Fund Online     JPMorgan Mutual Fund   has announced dividend under the following schemes:   The record date has been fixed as March 17, 2016.   Scheme Dividend ( R /unit) JP Morgan India Equity-D 0.18 JP Morgan India Equity Direct-D 0.18                         ----------------------------------------------- Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds Top 10 Tax Saving Mutual Funds to invest in India for 2016 Best 10 ELSS Mutual Funds in india for 2016 1. BNP Paribas Long Term Equity Fund 2. Axis Tax Saver Fund 3. Franklin India TaxShield 4. ICICI Prudential Long Term Equity Fund 5. IDFC Tax Advantage (ELSS) Fund 6. Birla Sun Life Tax Relief 96 7. DSP BlackRock Tax Saver Fund 8. Reliance Tax Saver (ELSS) Fund 9. Religare Tax Plan 10. Birla Sun Life Tax Plan Invest in Best Performing 2016 Tax Saver Mutual Funds Online Invest Online Download Application Forms For further informa...

Inflation Indexed National Savings Securities - Tax Treatment

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)   Inflation Indexed Bond - Tax Treatment Tax treatment on interest and principal repayment would be as per the extant taxation provision. The quoting of Permanent Account Number (PAN) mandatory for investment amounting to `50,000 (Rupee fifty thousand) and more. However, following exemptions with regard to PAN requirement will apply: As per Income Tax Rule 114B, any person who does not have a PAN and who enters into any specified transaction shall make a declaration in Form No.60. As per Rule 114C, the requirement of PAN is not applicable to the person who has agriculture income and does not have any other income provided he makes a declaration in Form 61, non-residents as referred to in Section 2(30) of the Income Tax Act, and...

Change in Fund Manager for some of HSBC Mutual Fund Schemes

Buy Gold Mutual Funds Invest Mutual Funds Online Download Mutual Fund Application Forms Call 0 94 8300 8300 (India) However, this facility is only available to Unit holders who have been assigned a folio number by the AMC.   HSBC Mutual Fund has announced that the below mentioned schemes shall be managed by the new fund managers as stated in the table. The effective date will be July 02, 2012.   Amaresh Mishra 's will be Vice President and Assistant Fund Manager. Having done a Post graduate diploma in Business Management and Bachelor of Chemical Engineering, he has over seven years of experience in Equities and Sales.   Mr. Piyush Harlalka's designation shall be Vice President- Fixed Income. Qualified as a C.A., C.S. and holding M.B.A.( Finance degree), he has over six years of experience in Fund management and ...

DSP BlackRock MidCap Fund

Best SIP Funds Online   HOW HAS DSP BlackRock Small & Mid Cap Fund PERFORMED? With a 10-year return of 14.61%, the fund has outperformed both the category average (12.34%) and the benchmark (10%) by a good margin. Should you invest in DSP BlackRock Small & Mid Cap Fund? This fund invests predominantly in mid-cap stocks but takes a sizeable exposure in small-caps as well. The focus is on nascent companies with high growth potential. The fund manager places emphasis on quality and avoids inferior businesses even if these look tempting from a valuation perspective. Over the past year, the fund portfolio has grown, having added to some of the underperforming sectors like chemicals and healthcare. Its portfolio churn has come down significantly. The heavily diversified portfolio is run completely agnostic of its benchmark index— most bets are from outside the index—which can at times lead to bouts of underperformance as seen in the recent years....

Investing in Birla Sun Life Emerging Leaders Fund Series Online

  Buy Birla Sun Life Emerging Leaders Fund Series Online       Market volatility has opened doors to yet another opportunity for your customers. Here's your chance, once again, to ensure they capitalise on it! The current situation!   Earning trajectories of Small and Mid-cap stocks have shown an uptick across broader markets. (Source: MoSL).   A rise in disposable income has brought about a noticeable shift in the spending habits of the consumer. The pick-up in real urban wage growth has reported to be the fastest in 7 years (Source: RBI, Labour Bureau).   According to the 7 th Pay Commission, a staggering 24.8 million Government employees to be given a sizeable hike (Source: GoI, Spark Capital).     Birla Sun Life Emerging Leaders Fund - Series 7 (A Close ended Equity Scheme). With a tenure of 3.5 years and an aim to primarily invest in Small and Mid-cap stocks, it targets to identify the potential leaders of tomorrow.       Mutual Fund investments are subj...
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now