ICICI Prudential FMCG tops MFs last week
Bangalore: ICICI Prudential FMCG led the mutual fund schemes last week with a growth rate of 3.9591 percent. As on September 24, the net asset value (NAV) of the scheme was 
69.06.
ICICI Prudential FMCG is an Open Ended Growth Scheme with a primary investment objective to generate long term capital appreciation through investments made primarily in Fast Moving Consumer Goods sector that are fundamentally strong and have established brands. The scheme doesn't charge any entry load, while there is an exit load of 1 percent. The minimum investment of the scheme will be 5,000.
According to mutualfundsindia.com, other mutual funds which followed ICICI Prudential FMCG are JM Equity - Growth, Reliance Quant Plus Fund - Retail - Growth, ICICI Prudential Target Returns Fund - Retail - Growth and JM Large Cap Fund - Growth with growth rates of 3.8403, 3.4491, 2.9452 and 2.704 respectively.
As on August 31, 2010, the fund size of the ICICI Prudential FMCG was 78.85 crore. Rajat Chandak and Prashant Kothari are the Fund Manager of the scheme.
69.06.
ICICI Prudential FMCG is an Open Ended Growth Scheme with a primary investment objective to generate long term capital appreciation through investments made primarily in Fast Moving Consumer Goods sector that are fundamentally strong and have established brands. The scheme doesn't charge any entry load, while there is an exit load of 1 percent. The minimum investment of the scheme will be 5,000.
According to mutualfundsindia.com, other mutual funds which followed ICICI Prudential FMCG are JM Equity - Growth, Reliance Quant Plus Fund - Retail - Growth, ICICI Prudential Target Returns Fund - Retail - Growth and JM Large Cap Fund - Growth with growth rates of 3.8403, 3.4491, 2.9452 and 2.704 respectively.
As on August 31, 2010, the fund size of the ICICI Prudential FMCG was 78.85 crore. Rajat Chandak and Prashant Kothari are the Fund Manager of the scheme.