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

INVEST VIA NRE/NRO

ICICI Prudential Strategic Metal and Energy Equity FoF Growth for NRI [14.22]

Min Investment

1,000

Fund Size

100.83 Cr

Expense Ratio

2.3%

Exit Load

1%

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

14.22

0.24%

NAV as on 17 Dec 24, 12:00 AM

very high risk

global other

debt

NAV as on 17 Dec 24, 12:00 AM

very high risk

global other

debt

0.88%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

15.69%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 100.83 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 Strategic Metal and Energy Equity FoF Growth delivered 0.9% annual returns during the last year. It has delivered 15.7% 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

99.38%

Fund Managers

  1. Sharmila D’mello (Feb 2022 - Present)
  2. Masoomi Jhurmarvala (Nov 2024 - Present)

Key Information

View Scheme Document

ICICI Prudential Strategic Metal and Energy Equity FoF 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 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 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 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

Frequently Asked Questions