NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹15.94
-1.30%
NAV as on 17 Dec 24, 12:00 AM
very high risk
global other
fof
NAV as on 17 Dec 24, 12:00 AM
very high risk
global other
fof
20.55%p.a.
Last 1Y
4.62%p.a.
Last 3Y
7.48%p.a.
Last 5Y
9.21%p.a.
Since Inception
About ICICI Prudential Global Advantage Fund(FOF) Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Global Advantage Fund(FOF) Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Global - Other mutual fund scheme that predominantly invests in Global - Other stocks of companies. Launched on Oct 2019, ICICI Prudential Global Advantage Fund(FOF) Growth is Global - Other fund of its category with 322.51 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.
- ICICI Prudential Global Advantage Fund(FOF) Growth delivered 20.6% annual returns during the last year. It has delivered 9.2% average annual returns since the fund was launched.
- ICICI Prudential Global Advantage Fund(FOF) Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in fof
Fund Objective
ICICI Prudential Global Advantage Fund (the scheme) is a Fund of Funds scheme with the primary objective to generate returns by investing in units of one or more mutual fund schemes / ETFs (manage by ICICI Prudential Mutual Fund or any other Mutual Fund(s)) which predominantly invest in international markets. Certain corpus of the scheme will also be invest in units of domestic mutual fund schemes / ETFs manage by ICICI Prudential Mutual Fund or any other Mutual Fund(s) However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Top 4 Holdings
ICICI Pru US Bluechip Equity Dir Gr
32.93%
Nippon India ETF Hang Seng BeES
27.82%
Franklin Asian Eq Dir Gr
18.65%
Nippon India Japan Equity Dir Gr
18.49%
Fund Managers
- Sankaran Naren (Oct 2019 - Present)
- Dharmesh Kakkad (Oct 2019 - Present)
- Sharmila D’mello (May 2024 - Present)
- Masoomi Jhurmarvala (Nov 2024 - Present)
Key Information
View Scheme Document
ICICI Prudential Global Advantage Fund(FOF) Growth SIP Calculator
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Fixed Deposit
NRI Mutual Fund Tax on ICICI Prudential Global Advantage Fund(FOF) Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in ICICI Prudential Global Advantage Fund(FOF) 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 Global Advantage Fund(FOF) 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
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12.0%
Franklin India Feeder - Franklin U.S. Opportunities Fund Growth
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Frequently Asked Questions
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