ICICI Prudential Passive Strategy Fund (FOF) - Growth

ICICI Prudential Passive Strategy Fund (FOF) - Growth is a scheme launched by ICICI Mutual Fund on December 18, 2003, and falls under the Domestic FoF fund category. It currently manages an AUM of Rs 206.23 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 0.42% for managing the portfolio.

• Investing Strategy:

  The primary objective of the Scheme is to generate capital appreciation primarily from a portfolio that is invested in Exchange Traded Funds. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

• Performance:

  ICICI Prudential Passive Strategy Fund (FOF) - Growth trailing returns over different times are 11.52% (1 year), 17.58% (3 year) and 19.67% (5 year). The average annual return of this fund stands at 9.06%.