ICICI Prudential Energy Opportunities Fund Review – ICICI Prudential Energy Opportunities Fund Direct NFO Open on 02 July 2024 and Close on 16 July 2024. ICICI Prudential Energy Opportunities Fund Direct NFO Allotment Date is 22 July 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹5,000. The Minimum SIP Investment Amount is ₹100.
Table of Contents
ToggleType of the Scheme
An open ended equity scheme following the energy theme.
Scheme Benchmark : AMFI Tier I benchmark – Nifty Energy TRI Nifty Energy Index includes companies belonging to Petroleum, Gas and Power sectors. The Index comprises of 10 companies listed on National Stock Exchange of India (NSE). The Scheme is benchmarked to Nifty Energy TRI as the index constituents suitably reflects the underlying Scheme’s universe in the best possible manner. The composition of the aforesaid benchmark is such that it is most suited for comparing performance of the Scheme. The Trustees reserves the right to change the benchmark in future if a benchmark better suited to the investment objective of the Scheme is available.
ICICI Prudential Energy Opportunities Fund Scheme Benchmark
Top constituents by weightage
Company
Weightage
Reliance Industries Ltd.
34.20
NTPC Ltd.
14.16
Power Grid Corporation of India Ltd.
11.88
Coal India Ltd.
8.50
Oil & Natural Gas Corporation Ltd.
8.42
Tata Power Co. Ltd.
5.88
Adani Green Energy Ltd.
5.13
Indian Oil Corporation Ltd.
4.79
Bharat Petroleum Corporation Ltd.
4.67
Adani Energy Solutions Ltd.
2.37
ICICI Prudential Energy Opportunities Fund Nfo Important Date
Scheme Offer
ICICI Prudential Energy Opportunities Fund
Offer Price
Rs. 10/- per Unit
Type of Scheme
An open ended equity scheme following the energy
theme.
Open Date
02 July 2024
Allotment Date
16 July 2024
Close Date
22 July 2024
Category
Equity Scheme – Sectoral/Thematic
Min Inv ₹
5000
Lock in Period
N/A
Risk
Very High
Scheme Benchmark
AMFI Tier I benchmark
ICICI Prudential Energy Opportunities Fund Nfo Other Details
Exit Load
1%
Exit Load Details
Exit load of 1%, if redeemed within 3 months.
Entry Load
N/A
Stamp Duty
0.005%
Min. Investment
Rs. 5000
Min. SIP
Rs. 100
ICICI Prudential Energy Opportunities Fund Review Asset Allocation
Instruments
Allocation Min
Allocation Max
Equity & Equity related instruments of
companies engaged in Energy (traditional /
new) and allied sectors*
80%
100%
Other equity and equity related securities
0%
20%
Debt and Money market instruments
0%
20%
Units issued by REITs/ InvITs
0%
10%
Investment Objective of the Scheme ?
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. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
ICICI Prudential Energy Opportunities Fund Review Index Return
Index Return
QTD
YTD
1 Year
5 Years
Since Inception
Price Return
7.10
24.86
69.21
21.10
17.21
Total Return
7.10
25.50
71.58
23.69
19.93
ICICI Prudential Energy Opportunities Fund Review Manager Details
- Fund Manger : Mr. Sankaran Naren
- Qualification : B. Tech – IIT Chennai PGDM – IIM Calcutta
- Experience : Mr. Sankaran Naren has been associated with the AMC since October 2004. He oversees the entire investment function across the Mutual Fund and the International Advisory Business of the Company. Mr. Naren joined the AMC in 2004 as fund manager and has worked in various capacities in the investment function culminating in his taking over as the Chief Investment Officer During his career, he has also worked with organizations such as Refco Sify Securities India Pvt. Ltd, HDFC Securities Ltd, and
Yoha Securities in various capacities.
- Fund Manger : Ms. Nitya Mishra
- Qualification : Bachelor of Technical Engineering in Electronics & Communication and Post Graduate degree in Management – Finance
- Experience : Ms. Nitya has been associated with the AMC since May 2018 and has worked in the Risk Management and Research team of the AMC. Prior to joining the AMC, she has also worked with SBI Capital Markets Ltd. and CRISIL Limited.
- Fund Manger : Ms. Sharmila D’mello
- Qualification : CA and Bachelor of Commerce in Accounting and Finance (BAF)
- Experience : She joined ICICI Prudential Asset Management Company Limited in September 2016 as part of Fixed income team wherein she tracked India macro closely and was a support member in day to day function and handled work related to fixed income team.
How Will The Scheme Allocate Its Assets?
- Coal
- Gas Transmission/Marketing
- LPG/CNG/PNG/LNG Supplier
- Lubricants
- Offshore Support Solution Drilling
- Oil Equipment & Services
- Oil Exploration & Production
- Oil Storage & Transportation
- Refineries & Marketing
- Trading – Coal
- Trading – Gas etc.
Also Read: Groww Nifty EV & New Age Automotive FoF Fund Review
Fund Manager Manages the Scheme?
- Mr. Sankaran Naren
- Ms. Nitya Mishra
- Ms. Sharmila D’mello
ICICI Prudential Energy Opportunities Fund Registrar
Computer Age Management Services Ltd.
7th Floor, Tower II, Rayala Towers, 158,
Anna Salai, Chennai – 600002
Telephone:1800-3010-6767
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ICICI Prudential Energy Opportunities Fund Form Download