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Fund Facts
  • Name of Fund:
    ICICI Prudential Energy Opportunities
  • Opening:
    2nd July 2024
  • Closing:
    16th July 2024
  • Scheme Type:
    Open Ended Equity Sectoral/ Thematic
  • Minimum Investment:
    Rs. 5,000/- plus in multiple of Re.1
  • Plan:
    Regular and Direct
  • Options:
    Growth and IDCW
  • Entry Load:
    Nil
  • Exit Road:
    1% of NAV if units are redeemed/switched out within 3 months from the date of allotment
  • Thereafter:
    Nil

Fund Stats

Objective

The investment objective of the Scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies engaging in activities such as exploration, production, distribution, transportation and processing of traditional & new energy including but not limited to industries/sectors such as oil & gas, utilities and power.

  • Benchmark:

  • NIFTY ENERGY

  • Fund Manager:

  • Sankaran Naren, Nitya Mishra, Sharmila D'mello

Asset Allocation

80-100 % Equity
upto 20% Money Market
Comparable existing schemes
SBI Energy Opportunities Fund 11.21(3M) Not Available
Tata Resources & Energy Fund 15.83(6M) 43.26(1Y)

Fund Prognosis

Idea Distiller

Energy opportunities is becoming a strong buzzword. And many are drawn to investment ideas on this theme.

  • Fund House AAUM:

  • Rs 77743579.4 Lakhs (as on 30th June, 2024)

  • Fund Manager:

  • Combined experience of above 20 years

Scheme DNA 4 fundamentals

  • UNIQNESS
  • RETURN
  • RISK
  • OPERABILITY

OOMP Factor

Definitely appealing but bootstrapping such a category which are covered in other indices/segments is a repeat activity. But looks attractive.