ICICI Prudential Infrastructure Fund

The ICICI Prudential Infrastructure Fund Direct Plan-Growth is an open-ended equity mutual fund by ICICI Prudential Mutual Fund. The fund lies within the sectoral/thematic category of mutual funds and aims for growth by investing in stocks of companies functioning in the development and infrastructure sector. With the direct scheme, you get to directly invest with the fund house and reduce potential expense ratios.

The investment objective of ICICI Prudential Infrastructure Fund Direct Plan-Growth is to gain capital appreciation by investing in a well-diversified basket of equity for companies conducting business in the development and infrastructure sector. The fund estimates returns based on investments in such companies as those directly involved in infrastructure and construction activities and allied services like power, engineering, telecommunications, roads, etc. The fund works towards the goal of making the most of the growing infrastructure sector in India.

The ICICI Prudential Infrastructure Fund Direct Plan-Growth scheme may suit those investors with a long-term horizon who wish to see significant returns. Investors with a positive outlook on the prospects of the infrastructure sector may find this fund suitable. Nonetheless, there may be significant risk involved in investing, so it is important to make sure that investments are aligned with an investor’s distinctive financial requirements and objectives.

Compounding in SIP can make it difficult to estimate the expected returns in a mutual fund. The process of guessing can be replaced with estimating as Angel One's free SIP calculator gives you the approximate amount to be expected. The SIP calculator online takes into consideration the principle of compounding and gives your return amount depending on variables such as years, SIP amount as well as the expected rate of return.