ICICI Prudential Infrastructure Fund Application Form Download and Review

ICICI Prudential Infrastructure Fund is an open ended equity-diversified fund from ICICI that focusses on investing in infrastructure companies. The total corpus of the fund was Rs.3,350 crores as on May 31, 2009. This fund was launched in August 2005.

Click here to download the ICICI mutual fund common application form. This form can be used to apply in any scheme of ICICI. [Right click to save form to your computer]. You need to print out only two pages - page 23 and page 24.

The top sectors in which ICICI Prudential Infrastructure fund is invested include:

Energy 20.65 %
Financial 10.70 %
Communication 7.09 %
Metals 6.30 %
Construction 5.62

Over 25 % of its corpus is invested in five major companies including Reliance Industries, Bharati Airtel, Reliance Petroleum, HDFC Bank and ICICI Bank. Apart from these five companies, there are many other large cap and mid cap companies in the portfolio of ICICI Prudential Infrastructure Fund. Most of these are high-beta stocks likely to swing upwards substantially with the rise of the market. These include  Tata Power, NTPC, Jindal Steel & Power , Nagarjuna Construction, Container Corp.,  Hindustan Zinc, CESC,  Kalpataru Power Transmission etc.

The returns offered by this fund have been more-or-less in line with the category average. Occasionally it has outperformed the category, especially in a falling market when it has fallen less than the overall market.

Post the 2009 elections, there is a tremendous emphasis on expanding investment in infrastructure. Many of the large-cap stocks held by ICICI Prudential Infrastructure Fund are likely to be direct beneficiaries of the increased outlay in infrastructure. This fund is a good investment from a medium to long term perspective.