myplexus

NFO Monitor

Fund Fact

Name of Funds:

ICICI Prudential Transportation And Logistics Fund

Opening:

6th October 2022

Closing:

20th October 2022

Minimum Investment:

Rs. 5,000/- plus in multiple of Re. 1

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Not Applicable

Exit Load:

1% of NAV if redeemed or switched out within 1 month

Fund Stats

Objective:

The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in transportation and logistics sectors.

Benchmark:

BSE Auto

Fund Manager:

Harish Bihani, Sharmila D’mello

Asset Allocation

80-100% Equity upto 20% Money Market

Comparable existing schemes

UTI-Transpotation and Logistics Fund	14.46(6M)	19.76(1Y)
Mirae Asset Banking and Financial Services Fund	9.47(6M)	-0.99(1Y)

Fund Prognosis

Idea Distiller

Definitely a brand-new segment. I give the fund house that. But question is WHY??? Do we have to launch a fund and sell a story to its illogical end just to have the NFO momentum going!!!

Fund House AAUM:
Rs. 48487254.5 Lakh (as on 30th June 2022)
Fund Manager:
Combined experience of above 12 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

The idea is unique. Nothing else is a redeeming point. If you are interested in the segment, you would be better off buying some of the scrips and not a fund. Why would anyone launch a scheme in this segment? Unless the distant story of logistics is a bait for the gullible.

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Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity: 14th May 2025 to 23rd May 2028