ICICI Prudential Housing Opportunities Fund

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

 

 

Scheme Highlights

Investment Approach: The scheme will aim to invest in basic eligible themes that form a part of Nifty Housing Index

KeyFeatures

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:

  • Daily, Weekly, Fortnightly, Monthly SIP$: Rs. 100/- (plus in multiple of Re. 1/-) Minimum installments: 6
  • Quarterly SIP$: Rs. 5,000/- (plus in multiple of Re. 1/-) Minimum installments – 4

$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.

 

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