ICICI MF has rolled out a scheme called ICICI Prudential Indo Asia Equity Fund and it is an open-ended equity diversified scheme. ICICI Prudential Indo Asia Equity Fund is an open ended equity fund that seeks to generate long term capital appreciation by investing in equity, equity related securities share classes / units of equity fund of companies which are incorporated or have their area of primary activity, in Asia -Pacific region.
Asset Allocation: The scheme will invest 65%-100% in equity and equity related securities in India with medium to high-risk profile. The scheme will also invest 0%-35% in Asian equity funds, equity related securities or share classes/ units of equity funds including the investment in ADR/ GDR. The scheme will invest 0%-35% in debt securities including 20% in securitised debt.
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