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  • Scheme Information Document

    ICICI Prudential Commodities Fund

    1

    SCHEME INFORMATION DOCUMENT

    ICICI PRUDENTIAL COMMODITIES FUND

    (An open ended equity scheme investing primarily in commodities and commodity

    related sectors)

    This scheme is suitable for investors who are seeking*:

     Long term wealth creation

     An equity scheme that predominantly invests in companies engaged in commodity and commodity

    related sectors.

    *Investors should consult their financial advisers if in doubt about whether the product is

    suitable for them

    Offer of Units of Rs. 10 each during the New Fund Offer period.

    Face Value of units of the Scheme is Rs. 10/- per unit.

    Name of Mutual Fund : ICICI Prudential Mutual Fund

    Name of Asset Management Company : ICICI Prudential Asset Management Company

    Limited

    INVESTMENT MANAGER

    ICICI Prudential Asset Management Company Limited

    Corporate Identity Number: U99999DL1993PLC054135

    Registered Office:

    12 th Floor, Narain

    Manzil,

    23, Barakhamba Road,

    New Delhi – 110 001

    www.icicipruamc.com

    Corporate Office:

    One BKC ,13 th Floor,

    Bandra Kurla Complex,

    Mumbai – 400051

    Central Service Office:

    2 nd

    Floor, Block B-2, Nirlon

    Knowledge Park, Western

    Express Highway, Goregaon

    (East), Mumbai – 400 063

    Email id:

    [email protected]

    Website: www.icicipruamc.com

    Name of the Trustee: ICICI Prudential Trust Limited

    Corporate Identity Number: U74899DL1993PLC054134

    Registered Office: 12 th Floor, Narain Manzil, 23, Barakhamba Road, New Delhi – 110 001

    The particulars of ICICI Prudential Commodities Fund (the Scheme) have been prepared

    in accordance with the Securities and Exchange Board of India (Mutual Funds)

    Regulations 1996, (herein after referred to as SEBI (Mutual Funds) Regulations ) as

    amended till date, and filed with SEBI, along with a Due Diligence Certif icate from the

    AMC. The units being offered for public subscription have not been approved or

    recommended by SEBI nor has SEBI certified the accuracy or adequacy of the Scheme

    Information Document.

    http://www.icicipruamc.com/ mailto:[email protected] http://www.icicipruamc.com/

  • Scheme Information Document

    ICICI Prudential Commodities Fund

    2

    The Scheme Information Document sets forth concisely the information about the

    scheme that a prospective investor ought to know before investing. Before investing,

    investors should also ascertain about any further changes pertaining to the Scheme such

    as features, load structure, etc. made to this Scheme Information Document by issue of

    addenda / notice after the date of this Document from the AMC / Mutual Fund / Investor

    Service Centres / Website / Distributors or Brokers.

    The investors are advised to refer to the Statement of Additional Information (SAI) for

    details of ICICI Prudential Mutual Fund, Tax and Legal issues and general information on

    www.icicipruamc.com

    SAI is incorporated by reference (is legally a part of the Scheme Information Document).

    For a free copy of the current SAI, please contact your nearest Investor Service Centre or

    log on to our website.

    The Scheme Information Document should be read in conjunction with the SAI and not

    in isolation.

    This Scheme Information Document is dated May 30, 2020.

    http://www.icicipruamc.com/

  • Scheme Information Document

    ICICI Prudential Commodities Fund

    3

    TABLE OF CONTENTS

    HIGHLIGHTS/SUMMARY OF THE SCHEME ............................................................................. 5

    I. INTRODUCTION....................................................................................................................... 9

    A. RISK FACTORS ...................................................................................................................... 9

    B. REQUIREMENT OF MINIMUM INVESTORS IN THE SCHEME:......................................... 32

    C. SPECIAL CONSIDERATIONS, IF ANY ................................................................................. 33

    D. DEFINITIONS ........................................................................................................................ 35

    E. DUE DILIGENCE BY THE ASSET MANAGEMENT COMPANY.......................................... 39

    II. INFORMATION ABOUT THE SCHEME.............................................................................. 40

    A. TYPE OF THE SCHEME ...................................................................................................... 40

    B. WHAT IS THE INVESTMENT OBJECTIVE OF THE SCHEME? .......................................... 40

    C. HOW WILL THE SCHEME ALLOCATE ITS ASSETS? ........................................................ 40

    D. WHERE WILL THE SCHEME INVEST? ................................................................................ 41

    E. WHAT ARE THE INVESTMENT STRATEGIES? ................................................................ 44

    F: FUNDAMENTAL ATTRIBUTES ............................................................................................ 58

    G. HOW WILL THE SCHEME BENCHMARK ITS PERFORMANCE?...................................... 59

    H. WHO MANAGES THE SCHEME? ...................................................................................... 60

    I. WHAT ARE THE INVESTMENT RESTRICTIONS?............................................................. 62

    K. COMPARISON BETWEEN THE SCHEMES ......................................................................... 70

    L. ADDITIONAL DISCLOSURES: ............................................................................................. 90

    III. UNITS AND OFFER .............................................................................................................. 92

    A. NEW FUND OFFER DETAILS .............................................................................................. 92

    B. ONGOING OFFER DETAILS: ............................................................................................... 92

    C.PERIODIC DISCLOSURES................................................................................................... 132

    D.COMPUTATION OF NAV .................................................................................................... 136

    IV.FEES AND EXPENSES ....................................................................................................... 138

    C. LOAD STRUCTURE ........................................................................................................... 141

    D. WAIVER OF LOAD FOR DIRECT APPLICATIONS ............................................................ 142

    V. RIGHTS OF UNIT HOLDERS .............................................................................................. 142

    VI. PENALTIES, PENDING LITIGATION OR PROCEEDINGS, FINDINGS OF INSPECTIONS

    OR INVESTIGATIONS FOR WHICH ACTION MAY HAVE BEEN TAKEN OR IS IN THE

    PROCESS OF BEING TAKEN BY ANY REGULATORY AUTHORITY ............................. 142

  • Scheme Information Document

    ICICI Prudential Commodities Fund

    4

    ABBREVIATIONS

    Abbreviations Particulars

    AMC Asset Management Company or Investment Manager

    AMFI Association of Mutual Funds in India

    AML Anti-Money Laundering

    CAMS Computer Age Management Services Limited

    TREPS Tri party Repos

    CDSL Central Depository Services (India) Limited

    FPI Foreign Portfolio Investors

    ICICI Bank ICICI Bank Limited

    IMA Investment Management Agreement

    ISIN International Securities Identification Number

    NAV Net Asset Value

    NRI Non-Resident Indian

    RBI Reserve Bank of India

    SEBI or the Board Securities and Exchange Board of India

    SAI Statement of Additional Information

    SID Scheme Information Document

    SIP Systematic Investment Plan

    The Fund or The Mutual

    Fund

    ICICI Prudential Mutual Fund

    The Regulations

    Securities and Exchange Board of India (Mutual Funds) Regulations,

    1996, as amended from time to time.

    The Scheme ICICI Prudential Commodities Fund including Plans & Options

    launched thereunder

    The Trustee ICICI Prudential Trust Limited

    TRI Total return variant of Index

    INTERPRETATION

    For all purposes of this SID, except as otherwise expressly provided or unless the

    context otherwise requires:

     The terms defined in this SID include the plural as well as the singular.

     Pronouns having a masculine or feminine gender shall be deemed to include the

    other.

     All references to “US$” refer to United States Dollars and “Rs./INR/ `” refer to Indian Rupees. A “Crore” means “ten million” and a “Lakh” means a “hundred

    thousand”.

     Words not defined here has the same meaning as defined in “ The Regulations”

  • Scheme Information Document

    ICICI Prudential Commodities Fund