NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

ICICI Prudential FMCG Fund Growth for NRI [453.77]

Min Investment

5,000

Fund Size

1,453.32 Cr

Expense Ratio

2.2%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

453.77

-0.10%

NAV as on 29 Apr 24, 12:00 AM

very high risk

sector fmcg

equity

NAV as on 29 Apr 24, 12:00 AM

very high risk

sector fmcg

equity

11.90%p.a.

Last 1Y

18.31%p.a.

Last 3Y

13.32%p.a.

Last 5Y

16.47%p.a.

Since Inception

About ICICI Prudential FMCG Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential FMCG Fund Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Sector - FMCG mutual fund scheme that predominantly invests in Sector - FMCG stocks of companies. Launched on Mar 1999, ICICI Prudential FMCG Fund Growth is Sector - FMCG fund of its category with 1,453.32 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Sector - FMCG funds.

  • ICICI Prudential FMCG Fund Growth delivered 11.9% annual returns during the last year. It has delivered 16.5% average annual returns since the fund was launched.
  • ICICI Prudential FMCG Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

To generate long term capital appreciation through investments made primarily in equity & equity related securities forming part of FMCG sector. However, there is no assurance or guarantee that the investment objective of the Scheme would be achieved.

Top 10 Holdings

ITC Ltd

26.73%

Hindustan Unilever Ltd

18.27%

Godrej Consumer Products Ltd

5.84%

Nestle India Ltd

4.60%

Gillette India Ltd

4.51%

United Spirits Ltd

4.23%

Dabur India Ltd

4.12%

Procter & Gamble Hygiene and Health Care Ltd

3.29%

Avenue Supermarts Ltd

3.19%

Britannia Industries Ltd

2.92%

Fund Managers

  1. Priyanka Khandelwal (Jun 2017 - Present)
  2. Sharmila D’mello (Jun 2022 - Present)

Key Information

View Scheme Document

ICICI Prudential FMCG Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on ICICI Prudential FMCG Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in ICICI Prudential FMCG Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in ICICI Prudential FMCG Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions