Fund Facts
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Name of Fund:ICICI Prudential Transportation And Logistics Fund
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Opening:6th October 2022
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Closing:20th October 2022
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Scheme Type:Open Ended Equity Sectoral/ Thematic
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Minimum Investment:Rs. 5,000/- plus in multiple of Re. 1
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Plan:Regular and Direct
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Options:Growth and IDCW
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Entry Load:Not Applicable
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Exit Road:1% of NAV if redeemed or switched out within 1 month
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Thereafter:Nil
Fund Stats
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
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
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
- UNIQNESS
- RETURN
- RISK
- OPERABILITY
OOMP 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.