About ICICI Prudential Housing Opportunities Fund
ICICI Prudential Housing Opportunities Fund follows:
1. Philosophy – Aims to invest in opportunities across housing theme
2. Suitability – Scheme is suitable for investors looking for opportunities to participate in potential growth of Housing theme
3. Investment Universe – Basic industries like Power, Cement, Consumer Electronics etc. (that form a part of Nifty Housing Index)
4. Objective – Long term wealth creation by investing in equity and equity related instruments of entities engaged in and/or expected to benefit from the growth in housing theme
Investment Approach: The scheme will aim to invest in basic eligible themes that form a part of Nifty Housing Index
|Scheme Name||ICICI Prudential Housing Opportunities Fund|
|NFO Period||March 28, 2022 to April 11, 2022|
|Plans/ Options||Plans: Regular & Direct
Options: Growth & IDCW (IDCW Payout & IDCW Reinvestment)
|Entry Load||Not Applicable.|
|Exit Load (will change post trustee approval)||1% of the applicable NAV – If the amount sought to be redeemed or switched out is invested for a period of up to 1 month from the date of allotment.
NIL – If the amount sought to be redeemed or switched out is invested for a period of more than 1 month from the date of allotment.
|Minimum Application Amount, including switches||DURING NEW FUND OFFER PERIOD/ DURING ONGOING OFFER PERIOD:
Rs. 5,000/- (plus in multiple of Re. 1)
Minimum application amount is applicable for switches made during the New Fund Offer period as well.
|Minimum Additional Application Amount, including switches||Rs.1,000/- (plus in multiple of Re.1)|
|Minimum Amount for Redemption||Any Amount|
|SIP amount||DURING NEW FUND OFFER PERIOD / DURING ONGOING OFFER PERIOD:
$The applicability of the minimum amount of installment mentioned is at the time of registration only.
|Benchmark||Nifty Housing TRI|
|Fund Manager||Sankaren Naren & Anand Sharma|
|MICR Cheques, Transfer cheques & RTGS||MICR cheques, Transfer cheques and Real Time Gross Settlement (RTGS) requests will be accepted till the end of business hours upto April 11, 2022|
|Switches||Switch-in requests from equity schemes and other schemes will be accepted upto April 11, 2022 till the cut-off time applicable for switches.
Switch-in request from ICICI Prudential US Bluechip Equity Fund, ICICI Prudential Global Advantage Fund (FOF), ICICI Prudential Nasdaq 100 Index Fund, ICICI Prudential Passive Multi- Asset Fund of Fund, ICICI Prudential Strategic Metal and Energy Equity Fund of Fund and ICICI Prudential Global Stable Equity Fund (FOF) will not be accepted.