Should you buy ICICI Prudential Focused Equity Fund?

NFO Closes: 7th May

ICICI Prudential Focused Equity Fund in simple terms is a fund that aims to invest in 20 of the Top 200 large-cap stocks in terms of market capitalization. What that means is that investors money would be revolving amongst Top 200 companies on NSE thereby giving some stability to the portfolio, however reducing the growth chance as well.

It can be argued that one can go for Index Funds and pay less management fees, however, there is a difference between this fund and index funds. ICICI Prudential Focused Equity Fund will NOT invest in just Top 20 equities but 20 of the Top 200 companies on NSE. So there is going to be a difference in return and holdings.

ICICI Prudential AMC Chief investment officer Sankaran Naren, during launch said that the fund invest in stocks of companies which are profitable and leaders in the industry and have experienced rapid growth and have superior management skills.

Type Options Min. Application Amount

Open ended Equity Scheme Retail: Growth and Dividend (Payout and Reinvestment) Institutional Option I: Growth Retail: Rs.5000 and in multiples of Re.1 thereafter Institutional Option I: Rs.10 crores and in multiples of Re.1 thereafter

For details and to invest online visit: http://www.icicipruamc.com/pruicicin/htdocs/FocusedFund/landing.asp