ICICI Prudential Transportation and Logistics Fund


ICICI Prudential Mutual Fund has launched a new fund offer, ICICI Prudential Transportation and Logistics Fund which will be open for subscription from 6th Oct 2022 to 20th Sep 2022. It is an open-ended fund, which will invest in equity and equity-related securities of companies engaged in the transportation and logistics theme and track the Nifty Transportation and Logistics TRI.

Investment Objective

The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in transportation and logistics sectors.

However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Investment Strategies?

The Scheme is an open-ended thematic equity fund which will invest predominantly in equity and equity related securities of companies engaged in Transportation and Logistics sector related activities. The list of sectors/industry engaged in Transportation and Logistics sector related activities are highlighted below:

The Scheme shall invest up to 20% in other equities and equity related securities.

Scheme benchmark

Nifty Transportation & Logistics TRI

How will the Scheme Allocate its Assets?

Under normal circumstances, the asset allocation of the Scheme would be as follows:

Instruments

Maximum

Minimum

Risk Profile

Equity & Equity related securities of entities in the transportation and logistics theme

100

80

Very High

Other Equity & Equity related instruments

20

0

Very High

Debt instruments, Units of Debt Mutual Fund schemes* and Money market instruments @ and Preference Shares

20

0

Low to Medium

Units issued by REITs and INVITs

10

0

Very High

@ Excluding subscription money in transit before deployment / payout

*The Scheme may invest in other Schemes under the same AMC or any other Mutual Fund

NFO Details

Scheme Opens

6th oct 2022

Scheme Closes

20th oct 2022

​Scheme reopens for continuous purchase/sale

Scheme will reopen for continuous repurchase/sale within five business days from the date of allotment

Minimum Lumpsum

Rs. 5,000/- plus in multiple of Re.1 Minimum switch-in amount - Rs. 5,000/- and any amount thereafter

Minimum SIP

Daily, Weekly, Fortnightly, Monthly SIP$: Rs. 100/- (plus in multiple of Re. 1/-) Minimum installments: 6  Quarterly SIP$: Rs. 5,000/- (plus in multiple of Re. 1/-) Minimum installments – 4 $The applicability of the minimum amount of installment mentioned is at the time of registration only.

NAV of the fund

Rs 10

Entry Load

Not applicable

Exit Load

 1% of the applicable NAV - If the amount sought to be redeemed or switched out is invested for a period of up to 1 month from the date of allotment.  NIL - If the amount sought to be redeemed or switched out is invested for a period of more than 1 month from the date of allotment.

Benchmark

Nifty Transportation & Logistics TRI

Fund Manager

Mr. Harish Bihani, Ms. Sharmila D'mello

Existing Scheme Performance

Performance of existing Transportation and Logistics fund

In this category only UTI Transportation and Logistics Fund is available. There is no other AMC fund available in this category. The performance of this fund is as follows

Fund Name

1 Yr. Ret (%)

3 Yr. Ret (%)

5 Yr. Ret (%)

UTI Transportation & Logistics

10.43

19.96

5.08

Returns showing in above chart are as on 12 Oct 2022

Suitability

  • Long term wealth creation

  • An open-ended equity scheme investing predominantly in equity and equity related securities of companies engaged in transportation and logistics sectors.

  • Investors whose investment time horizon is three years or more, this scheme may be suitable for them.

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*Investors should consult their financial advisors if in doubt about whether the product is suitable for them

Note: The above information has been sourced from the Scheme Information Document provided by ICICI Prudential Asset Management. Read the entire document before investing, Disclaimer: Jaiprakash (ARN/Distributor - 70524; brand name Vasundhra Investment) is the distributor of the mutual fund. Please consult your investment advisor before investing

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.




























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