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

INVEST VIA NRE/NRO

ICICI Prudential Focused Equity Fund Growth for NRI [76.26]

Min Investment

5,000

Fund Size

7,582.58 Cr

Expense Ratio

1.8%

Exit Load

1%

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

76.26

0.09%

NAV as on 30 Apr 24, 12:00 AM

very high risk

focused fund

equity

NAV as on 30 Apr 24, 12:00 AM

very high risk

focused fund

equity

45.84%p.a.

Last 1Y

24.40%p.a.

Last 3Y

19.93%p.a.

Last 5Y

14.50%p.a.

Since Inception

About ICICI Prudential Focused Equity Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Focused Equity Fund Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on May 2009, ICICI Prudential Focused Equity Fund Growth is Focused Fund fund of its category with 7,582.58 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.

  • ICICI Prudential Focused Equity Fund Growth delivered 45.8% annual returns during the last year. It has delivered 14.5% average annual returns since the fund was launched.
  • ICICI Prudential Focused Equity 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 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.

Top 10 Holdings

ICICI Bank Ltd

8.89%

Sun Pharmaceuticals Industries Ltd

6.89%

Reliance Industries Ltd

5.11%

Bharti Airtel Ltd

4.47%

Infosys Ltd

4.44%

Siemens Ltd

4.23%

Avenue Supermarts Ltd

4.11%

Larsen & Toubro Ltd

3.56%

Aurobindo Pharma Ltd

3.42%

NTPC Ltd

3.38%

Fund Managers

  1. Anish Tawakley (May 2023 - Present)
  2. Vaibhav Dusad (Aug 2022 - Present)
  3. Sharmila D’mello (Jul 2022 - Present)

Key Information

View Scheme Document

ICICI Prudential Focused Equity 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 Focused Equity 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 Focused Equity 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 Focused Equity 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