Fund Name: ICICI Pru Indo Asia (G)
CRISIL Rank: NA
Category: Equity – Large cap
Expense Ratio: 2.66%
Risk Level: Low
Benchmark: CNX Nifty 65
Objective: The scheme endeavors to generate long term capital appreciation by investing in equity, equity related securities of companies, which are incorporated or have their area of primary activity, in the Asia pacific region. In the beginning the scheme will be investing in share classes of International Opportunity Fund – Asian equity fund and thereafter they may choose to make investment in listed shares, securities in Asia.
ICICI Pru Indo Asia (G) fund has made its inception in the year 2007. Since inception, it has produced annualized returns of 5.73%. Top 5 holdings of the fund include HDFC bank, ICICI bank, Kotak, Infosys and Motherson sumi.
The fund invests 52% of assets into large caps, 28% in mid caps and the rest in small caps. The fund’s 5 year returns have been brilliant. It offers geographical diversification for the investors by investing outside India.