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
₹15.14
0.88%
NAV as on 19 Nov 24, 12:00 AM
very high risk
global other
debt
NAV as on 19 Nov 24, 12:00 AM
very high risk
global other
debt
17.76%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
16.29%p.a.
Since Inception
About ICICI Prudential Strategic Metal and Energy Equity FoF Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Strategic Metal and Energy Equity 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 Feb 2022, ICICI Prudential Strategic Metal and Energy Equity FoF Growth is Global - Other fund of its category with 102.55 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.
- ICICI Prudential Strategic Metal and Energy Equity FoF Growth delivered 17.8% annual returns during the last year. It has delivered 16.3% average annual returns since the fund was launched.
- ICICI Prudential Strategic Metal and Energy Equity FoF Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund (the Scheme) is an openended fund of fund scheme that invests in the units/shares of First Trust Strategic Metal and Energy Equity UCITS Fund. The Scheme may also invest a certain portion of its corpus in domestic debt or money market securities and/or debt mutual fund schemes/liquid schemes of domestic mutual funds including that of ICICI Prudential Mutual Fund, in order to meet liquidity requirements from time to time.
Top 1 Holdings
First Trust Stgy Mtl & Ey Eq A USD Acc
99.39%
Fund Managers
- Sharmila D’mello (Feb 2022 - Present)
- Masoomi Jhurmarvala (Nov 2024 - Present)
Key Information
View Scheme Document
ICICI Prudential Strategic Metal and Energy Equity FoF Growth SIP Calculator
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For a period of
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Fixed Deposit
NRI Mutual Fund Tax on ICICI Prudential Strategic Metal and Energy Equity 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 Strategic Metal and Energy Equity 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 Strategic Metal and Energy Equity 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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