NFO Update ICICI Prudential Target Returns Fund

About ICICI Prudential Target Returns Fund

• The scheme invests in large cap companies and enables investors to automatically book profits.
• This is done once the trigger event is met. Trigger Event here is the preferred return percentage specified by the investor while making the investment.
• The gains made above this defined trigger are automatically switched to a fixed income fund, which the investor chooses beforehand.
• The objective is to protect the returns made in the equity scheme and managing the stock market volatility
• The fund provides investors with an asset allocation rebalancing tool in order to keep emotions and sentiments out of the investment process
• The Growth option is the default option for ‘Trigger’ and the default trigger option is 20%.
• The investor can also choose to remain invested in the scheme without any triggers by selecting dividend payout or reinvestment options.
• The investor has the flexibility to choose the preferred trigger option based on his/her risk profile

• This fund is suitable for an investor who follows the disciplined investment approach
• An investor who is not driven by greed in the stock market and is looking at decent returns from the equity asset class
• An investor with moderate risk appetite willing to invest for the time horizon of 3 yrs and above

• The fund manager for international investment up to 50%, Mr. Mrinal Singh, does not hold prior experience in managing international securities.
• Interest Rate Risk: The interest rate volatility in Indian markets may impact the NAV of the scheme by impacting the price of debt instruments
• Any interest rate changes in Indian market, changes in government regulations can have an adverse impact on the performance of the fund
• Currency Risk: Since the fund will be investing in international securities, the currency differentials might adversely affect the Rupee returns of the fund.

To generate long term capital appreciation

• Through investing in equity or equity related securities of large cap companies constituting the BSE 100 Index
• Providing investors with options to withdraw their investment automatically based on triggers for pre-set levels of return as and when they are achieved

• DDT is inclusive of surcharge and education cess applicable