ICICI Prudential India Equity FOF Direct - Growth
(Scheme Rating)
NAV as of Aug 28, 2024
31.550.16%
- Growth - Direct
(Earn upto 0.58% Extra Returns with Direct Plan)
Fund Category:
Equity: Flexi Cap
Expense Ratio:
0.69%(0.69% Category
average)Fund Size:
Rs. 131.00 Cr(0.02% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
ICICI Prudential India Equity FOF Direct - Growth
(Scheme Rating)
NAV as of Aug 28, 2024
31.550.16%
Expense Ratio:
0.69%
Fund Size:
Rs. 131.00 Cr
Fund Category:
Equity: Flexi Cap
1. Current NAV: The Current Net Asset Value of the ICICI Prudential India Equity FOF - Direct Plan as of Aug 28, 2024 is Rs 31.55 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 51.1% (1yr), 26.42% (3yr) and 28.99% (since launch). Whereas, Category returns for the same time duration are: 40.65% (1yr), 18.72% (3yr) and 21.0% (5yr).
3. Fund Size: The ICICI Prudential India Equity FOF - Direct Plan currently holds Assets under Management worth of Rs 131.0 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.68% for Direct plan as on Aug 16, 2024.
5. Exit Load: ICICI Prudential India Equity FOF - Direct Plan shall attract an Exit Load, "Exit load of 1% if redeemed within 12 months."
6. Minimum Investment: Minimum investment required is Rs 500 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 100.
ICICI Prudential India Equity FOF Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 2.31 12.18 19.79 51.18 26.46 - Category Avg 1.56 12.14 19.37 40.44 18.80 21.10 Rank within Category 34 37 48 12 7 - No. of funds within Category 84 82 81 76 60 46 - Loading...
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Return Comparison
- This Fund
- BenchmarkBSE 500 Total Return Index
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ICICI Prudential India Equity FOF Direct - Growth Fund Details
Investment Objective - The Scheme seeks to generate returns by predominantly investing in one or more mutual fund schemes /ETFs (managed by ICICI Prudential Mutual Fund or any other Mutual Fund(s)) which invest in equity and equity related securities.
Fund House | ICICI Prudential Mutual Fund |
Launch Date | Feb 25, 2020 |
Benchmark | BSE 500 Total Return Index |
Return Since Launch | 29.01% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | Low |
Return Grade | Above Average |
ICICI Prudential India Equity FOF Direct - Growth Investment Details
Minimum Investment (Rs.) | 500.00 |
Minimum Additional Investment (Rs.) | 500.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | - |
Exit Load Exit load of 1% if redeemed within 12 months. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 14 | 14 | 14 | 14 | 14 | 13 |
Top 5 Company Holdings | 49.76% | 50.32% | 51.36% | 51.6% | 52.3% | 52.87% |
Top 10 Company Holdings | 83.26% | 83.68% | 84.73% | 84.41% | 84.01% | 84.58% |
Company with Highest Exposure | Invesco India Contra Direct-G (11.16%) | Invesco India Contra Direct-G (11.2%) | Invesco India Contra Direct-G (11.32%) | Invesco India Contra Direct-G (11.36%) | Invesco India Contra Direct-G (11.27%) | Invesco India Contra Direct-G (11.51%) |
Number of Sectors | 18 | 18 | 18 | 18 | 18 | 18 |
Top 3 Sector Holdings | 46.03% | 46.15% | 46.85% | 48.25% | 49.09% | 48.74% |
Top 5 Sector Holdings | 62.46% | 62.38% | 62.8% | 63.7% | 63.89% | 64.36% |
Sector with Highest Exposure | Financial (20.87%) | Financial (21.61%) | Financial (21.21%) | Financial (21.77%) | Financial (21.73%) | Financial (21.08%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Invesco India Contra Direct-G Unclassified 11.16 - - - ICICI Pru Nifty Infrastructure ETF-G Unclassified 10.17 - - - Quantum Long Term Equity Value Direct-G Unclassified 10.01 - - - ICICI Pru Pharma Healthcare And Diagnostics (P.H.D) Direct-G Unclassified 9.28 - - - ICICI Pru Business Cycle Direct-G Unclassified 9.14 - - - ICICI Pru Technology Direct-G Unclassified 8.05 - - - ICICI Pru Dividend Yield Equity Direct-G Unclassified 7.59 - - - Franklin India Equity Advantage Direct-G Unclassified 7.29 - - - ICICI Pru Focused Equity Direct-G Unclassified 5.44 - - - Nippon India ETF Nifty Bank BeES Unclassified 5.13 - - -
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y ICICI Prudential India Equity FOF Direct - Growth 31.55 131.00 2.31 51.18 26.46 - HDFC Retirement Savings Fund Equity Plan Direct-Growth 57.46 5,851.58 1.57 38.64 24.83 27.74 HDFC Focused 30 Fund Direct Plan-Growth 242.59 13,794.80 1.10 44.52 30.15 26.49 ICICI Prudential Retirement Fund - Pure Equity Plan Direct - Growth 33.45 944.04 0.51 51.06 29.29 27.14 Parag Parikh Flexi Cap Fund Direct-Growth 85.53 75,956.22 1.80 40.61 20.28 27.46
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
11.60VS12.84Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.81VS0.90Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
1.61VS1.13Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
22.92VS16.12Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
6.77VS1.24Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
24.17VS19.89Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
ICICI Prudential Mutual Fund News
Fund Manager
- D.K.Dharmesh KakkadSince Feb 202010 schemes
- S.D.Sharmila D'melloSince May 20246 schemes
Mr. kakkad is B.com., CA & CFA. He is associated with ICICI Prudential Asset Management Company Limited from June 2010. Prior to working in Dealing function, he was working in the Operations Department of ICICI Prudential AMC.
Ms. D'mello is CA and BAF She joined ICICI Prudential AMC Limited in September 2016.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y ICICI Prudential Equity & Debt Fund Direct-Growth Aggressive Hybrid 418.03 39,090.93 39.36 ICICI Prudential Income Optimizer Fund (FOF) Direct- Growth Conservative Hybrid 63.52 274.80 16.27 ICICI Prudential Multi Asset Fund Direct-Growth Multi Asset Allocation 772.17 46,488.14 32.65 ICICI Prudential Passive Strategy Fund (FOF) Direct - Growth Flexi Cap 167.61 184.85 38.61 ICICI Prudential Passive Multi-Asset FoF Direct - Growth Multi Asset Allocation 13.92 Unrated 1,108.74 20.40 ICICI Prudential Global Advantage Fund (FOF) Direct - Growth International 15.55 Unrated 309.82 17.44
More ICICI Prudential Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
ICICI Prudential Balanced Advantage Direct-Growth | 55,229.33 | 2.00 | 5.73 | 10.72 | 22.49 | 13.31 | |
ICICI Prudential Liquid Fund Direct Plan-Growth | 52,980.27 | 0.60 | 1.85 | 3.60 | 7.28 | 5.37 | |
ICICI Prudential Bluechip Fund Direct-Growth | 51,554.28 | 3.17 | 11.25 | 19.67 | 42.04 | 20.38 | |
ICICI Prudential Value Discovery Direct-Growth | 40,653.33 | 2.59 | 11.97 | 20.18 | 43.70 | 26.60 | |
ICICI Prudential Multi Asset Fund Direct-Growth | 34,644.31 | 2.61 | 8.34 | 14.53 | 32.70 | 23.49 | |
ICICI Prudential Equity & Debt Fund Direct-Growth | 32,429.17 | 3.05 | 11.15 | 18.78 | 39.46 | 24.79 | |
ICICI Prudential Corporate Bond Fund Direct Plan -Growth | 26,050.61 | 0.82 | 2.13 | 3.78 | 8.26 | 6.26 | |
ICICI Prudential Asset Allocator Fund (FOF) Direct - Growth | 21,437.42 | 1.58 | 5.83 | 11.01 | 22.84 | 15.16 | |
ICICI Prudential Short Term Fund Direct Plan-Growth | 18,987.37 | 0.88 | 2.25 | 4.11 | 8.58 | 6.66 | |
ICICI Prudential Savings Fund Direct Plan -Growth | 17,854.70 | 0.78 | 1.95 | 3.62 | 7.96 | 5.80 |
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1. ICICI Prudential India Equity FOF - Direct Plan is Open-ended Flexi Cap Equity scheme which belongs to ICICI Prudential Mutual Fund House.
2. The fund was launched on Feb 25, 2020.
Investment objective & Benchmark
1. The investment objective of the fund is that " The Scheme seeks to generate returns by predominantly investing in one or more mutual fund schemes /ETFs (managed by ICICI Prudential Mutual Fund or any other Mutual Fund(s)) which invest in equity and equity related securities. "
2. It is benchmarked against BSE 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 90.91% in equities, 1.67% in debts and 7.32% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 83.26% of the assets, the top 3 sectors constitute around 46.03% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on ICICI Prudential India Equity FOF Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about ICICI Prudential India Equity FOF Direct - Growth
- Is it safe to invest in ICICI Prudential India Equity FOF - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the ICICI Prudential India Equity FOF - Direct Plan comes under Very High risk category.
- What is the category of ICICI Prudential India Equity FOF - Direct Plan?ICICI Prudential India Equity FOF - Direct Plan belongs to the Equity : Flexi Cap category of funds.
- How Long should I Invest in ICICI Prudential India Equity FOF - Direct Plan?The suggested investment horizon of investing into ICICI Prudential India Equity FOF - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the ICICI Prudential India Equity FOF - Direct Plan?The ICICI Prudential India Equity FOF - Direct Plan is managed by Dharmesh Kakkad (Since Feb 05, 2020) and Sharmila D'mello (Since May 13, 2024).
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