Sunday, April 6, 2008

ICICI Prudential Focused Equity Fund

Fund category Debt - FMP
Scheme plan Growth
Scheme type Open Ended
Launch date April 08, 2008
Fund manager Mr. Anand Shah
Initial Price Rs 10
Min investment Rs 5000 For Retail and Multiple of Rs. 1 There After
Entry load 2.25 %
Exit load 1%

Seeks to generate long-term capital appreciation and income distribution to unitholders from a portfolio that is invested in equity and equity related securities of about 20 companies belonging to thelarge cap domain and the balance in debt securities and money market instruments. The Fund Manager will always select stocks for investment from among Top 200 stocks in terms of market capitalization on the National Stock Exchange of India Ltd. If the total assets under management under this scheme goes above Rs.1000 crores the Fund Manager reserves the right to increase the number of companies to more than 20.

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