ICICI Prudential Focused Equity Fund - Growth

ICICI Prudential Focused Equity Fund - Growth is a scheme launched by ICICI Mutual Fund on May 28, 2009, and falls under the Focused fund category. It currently manages an AUM of Rs 12,559.52 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 1.75% for managing the portfolio.

• Investing Strategy:

  To generate capital appreciation by investing in a concentrated portfolio of equity and equity related securities of up to 30 companies across market capitalization i.e. focus on multicap. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

• Performance:

  ICICI Prudential Focused Equity Fund - Growth trailing returns over different times are 3.41% (1 year), 21.9% (3 year) and 24.92% (5 year). The average annual return of this fund stands at 10.22%.