Investment Objective and Approach

The primary objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities within MNC space. The fund focuses specifically on multinational corporations operating in India, capitalizing on their global presence, strong brand value, and robust governance standards.

MNCs are often characterised by their global presence, strong brand value, robust governance standards, and the ability to capitalise on economies of scale. This thematic approach allows the fund to invest in companies that typically demonstrate consistent performance and have established market positions across various sectors.

The fund's investment strategy centers around:

- Investing primarily in equity and equity-related securities of MNCs

- Long-term capital appreciation focus

- Diversified sector allocation within the MNC universe

- Active portfolio management approach

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. The fund is designed for investors with a long-term investment horizon who can withstand market volatility.

Fund Managers

Priyanka Khandelwal is the Current Fund Manager of ICICI Prudential MNC Fund Direct Growth fund. The fund is also co-managed by other experienced professionals including Roshan Chutkey, Sharmila D'mello.

Roshan Chutkey brings significant expertise to the fund management team. Roshan Chutkey did his engineering from IIT Madras, MBA from IIM Lucknow and has a Masters in Finance degree from London Business School. He is associated with ICICI Prudential AMC from February 2015 and has 12 years of overall experience in the industry.

Sharmila D'Silva is another key member of the management team. Ms. D'Silva is CA and BAF ... She joined ICICI Prudential AMC Limited in September 2016.

The fund management team operates under the broader leadership of the AMC's investment team, ensuring consistent investment philosophy and risk management practices.

About the Fund House (AMC)

ICICI Prudential Asset Management Company Ltd. is a leading asset management company (AMC) in the country focused on bridging the gap between savings & investments and creating long term wealth for investors through a range of simple and relevant investment solutions. The AMC is a joint venture between ICICI Bank, a well-known and trusted name in financial services in India and Prudential Plc, a leading pan-Asia & Africa focused group providing health, protection and savings solutions.

Key Facts about ICICI Prudential AMC:

- It was started in 1993.

- ICICI Bank holds a 51% stake in the JV and Prudential plc has 49%.

- As of December 2023, the AMC had an AUM of Rs. 6.4 lakh crores.

- At the end of January 2024, it had an AUM of over Rs. 6,90,000 crore from more than 97 lakh investors. The AMC offers over 120 mutual fund schemes across equity, debt, and hybrid schemes.

Throughout these years of the joint venture, the company has forged a position of pre-eminence in the Indian Mutual Fund industry. The AMC combines ICICI Bank's deep understanding of the Indian market with Prudential Plc's global investment expertise.

Leadership Team:

Naren is currently the Chief Investment Officer of ICICI Prudential Asset Management Company Limited since 2008. Mrinal Singh is currently the Deputy Chief Investment Officer in charge of Equity at ICICI Prudential Asset Management Company Limited. He joined the corporation in 2008.

Should I Invest in ICICI Prudential MNC Fund?

Fund Performance: The fund has delivered a CAGR of 19.97 since inception. Over the past five years, ICICI Prudential MNC Fund has delivered an annualised return of 20.07% as of 11-Aug-2025.

Key Financial Metrics (as of latest available dates):

- The AUM of ICICI Prudential MNC Fund is ₹1,676.61 Cr.

- The expense ratio of ICICI Pru MNC Fund Plan is 1.05 as of 22nd August 2025.

- The minimum investment required to start investing in ICICI Prudential MNC Fund is ₹5,000 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.

Investment Suitability:

This fund is suitable for investors who:

- Have a long-term investment horizon (5+ years)

- Seek exposure to multinational companies operating in India

- Can tolerate high volatility for potential higher returns

- Want to benefit from the growth potential of established global brands

Risk Considerations:

- The ICICI Prudential MNC Fund Direct Growth is rated High risk.

- Warning: Do not invest in this, or any other MNC fund, if you need to redeem your investment in less than five years.

- Market volatility can significantly impact short-term returns

Tax Implications:

- If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

- Exit load of 1% if redeemed within 12 months.

FAQs

What is today's NAV of ICICI Prudential MNC Fund?

The current NAV of ICICI Pru MNC Fund is ₹30.80, as of 22nd August 2025. NAV is updated daily and can be checked on the AMC's website or investment platforms.

What is the AUM of ICICI Prudential MNC Fund?

The AUM (i.e. assets under management) of ICICI Pru MNC Fund is ₹1676.61 Cr as of 22nd August 2025. This indicates the total value of assets managed by the fund.

What is the expense ratio of ICICI Prudential MNC Fund?

The expense ratio of ICICI Pru MNC Fund Plan is 1.05 as of 22nd August 2025. This is the annual fee charged for fund management and operations.

What are the returns of ICICI Prudential MNC Fund since inception?

The fund has delivered a CAGR of 19.97 since inception. However, past performance does not guarantee future results, and returns are subject to market risks.

What is the minimum SIP amount to invest in ICICI Prudential MNC Fund?

The minimum SIP for ICICI Prudential MNC Fund is ₹100. This makes it accessible for small investors to start their investment journey.

How do I invest in ICICI Prudential MNC Fund?

You can invest through Allvest by completing your KYC, selecting the fund, choosing between SIP or lump sum investment, and setting up payment methods. The investment process is fully digital and paperless.

How to start a SIP in ICICI Prudential MNC Fund?

Through Allvest platform, select the fund, choose SIP option, set your investment amount (minimum ₹100), select frequency (monthly/quarterly), and complete the payment setup. Your SIP will start automatically.

How do I automate an SIP in ICICI Prudential MNC Fund?

After setting up SIP on Allvest, you can automate payments through bank mandate or UPI autopay. This ensures hassle-free monthly investments without manual intervention.

How can I withdraw/redeem my investment in ICICI Prudential MNC Fund?

Log into your Allvest account, go to your portfolio, select the fund, choose redeem option, specify the amount or units, and confirm. You will receive your funds within three working days of placing the order.