Invest in an Infrastructure Fund with an established track record

Mail Received from ICICI Pru MF
-


If you cannot see this mailer, click here
Invest in an Infrastructure Fund with an established track record
ICICI Prudential Infrastructure Fund

ICICI Prudential Infrastructure Fund is an open-ended equity fund focused on capturing the opportunity presented by the long-term growth potential of the Indian Infrastructure sector. It invests across infrastructure sectors such as Cement, Power, Telecom, Oil & Gas, Construction, Banking etc. As on 31st Dec '07, the fund had Rs 4,783.62* crores of assets under it.

Why invest in India's Infrastructure?

India needs to invest large amounts in areas like Roads, Ports, Power and Telecom etc. to sustain high economic growth. Apart from the government spending, it will also require private participation to make significant progress on developing infrastructure. New initiatives such as Public Private participation, increase in FDI limits and adequate funding support from the government have provided a tremendous boost to the system. Given the overall focus on infrastructure, companies across this sector have generally witnessed robust growth in performance. The stock markets too are reflecting this.

ICICI Prudential Infrastructure Fund offers the following key benefits:
• Multi-sector fund with much lesser concentration risks.
• The sector provides an attractive investment opportunity based on its long-term growth potential.
You can invest in this fund through our invest online facility using your internet banking account in any of the following banks:
BANKS
*Source - www.amfiindia.com


Inception date: 31-Aug-2005. Statutory Details: ICICI Prudential Mutual Fund (the Fund) has been set up as a Trust. Sponsors: ICICI Bank Ltd. and Prudential plc. (liability restricted to corpus of Rs. 22.2 lacs collectively). Trustee: ICICI Prudential Trust Limited (Trustee under the Indian Trusts Act, 1882 to the Fund). Investment Manager: ICICI Prudential Asset Management Company Ltd. Risk Factors: Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the objectives of the Schemes will be achieved. As with any securities investment, the NAV of the Units issued under the Schemes can go up or down, depending on the factors and forces affecting the capital markets. Past performance of the Sponsors, AMC/Fund does not indicate the future performance of the Schemes of the Fund. The Sponsors are not responsible or liable for any loss resulting from the operation of the Schemes beyond the contribution of an amount of Rs.22.2 lacs, collectively made by them towards setting up the Fund and such other accretions and additions to the corpus set up by the Sponsors. Please read the Offer Documents / addendums carefully before investing. ICICI Prudential Infrastructure Fund (An open-ended equity scheme. Objective is to generate capital appreciation and income distribution to unitholders by investing predominantly in equity/equity related securities of the companies belonging to the infrastructure industries and balance in debt securities and money market instruments including call money.) Entry Load: For all purchases of less than Rs.5 crore per transaction - 2.25% of applicable NAV, For Purchases of Rs.5 crores and above per transaction - Nil, Exit Load: For investments made from November 28, 2005 onwards: Nil for investments made under the Scheme on or after November 28, 2005 irrespective of the amount invested. 1) For all the investments (including investments through SIP/STP) made on or after October 08, 2007, exit load of 0.50% of the applicable NAV will be charged if redemption/switch-out of the investment is made within 6 months from the date ofallotment of units under the schemes. (2) For all investments (including investments through SIP/STP) of Rs. 5 crores or more made on or after October 10, 2007 in the Scheme, no exit load will be charged. ICICI Prudential Infrastructure Fund is the name of the Scheme and does not in any manner indicate either the quality of the Scheme or its future prospects and returns. Mutual Fund investments are subject to market risks. Please read the offer document carefully before investing.


INVEST ONLINE CLICK HERE TO INVEST ONLINE

0 comments:

Post a Comment

All comments are moderated. Please post no spam

Disclaimer & Privacy Policies

(c) Mrs. Ruby Christy. This site and contents are owned by Mrs. Ruby Christy;
Use of this website and/or services offered by us indicates your acceptance of our Disclaimer& Privacy Policies.

Information and opinions provided on this website (www.investchips.com) has been independently obtained from sources believed to be reliable. However, such information may include inaccuracies, errors or omissions. Investchips.com and its affiliates, information providers or content providers and R.John Christy and his Family shall have no liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this website or feeds, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information. Investchips.com,its affiliates, information providers ,content providers and R. John Christy and his Family shall have no liability for investment decisions or other actions taken or made by you based on the information provided on this website. Any action you choose to take in the markets is totally your own responsibility. Investchips.com and R. John Christy and his Family will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. This information is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. Opinions expressed by R. John Christy are his own and not of his past, present and future employers.
The DoubleClick DART cookie is used by Google in the ads served on this websites displaying AdSense for content ads. When users visit this website and either view or click on an ad, a cookie may be dropped on that end user's browser.
  • Google, as a third party vendor, uses cookies to serve ads on this site.
  • Google's use of the DART cookie enables it to serve ads to your users based on their visit to this site and other sites on the Internet.
  • Users may opt out of the use of the DART cookie by visiting the Google ad and content network privacy policy.
  • www.investchips.com never collects any personal information of visitors.