ICICI Prudential BHARAT 22 FOF Fund Direct Growth
NAV as on 29-04-2025
₹ 31.13
▲1.6%
1D
Inception Returns
18.2%
/yr
Historical NAV & Returns
Absolute
▲
▼
16650 people have invested ₹ 8.7Cr in ICICI Prudential BHARAT 22 FOF Fund Direct Growth in the last three months
About ICICI Prudential BHARAT 22 FOF Fund Direct Growth
ICICI Prudential BHARAT 22 FOF Fund Direct Growth is an equity fund. This fund was started on 29 June, 2018. The fund is managed by Nishit Patel. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential BHARAT 22 FOF Fund Direct Growth has ₹2206 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.2.
Returns
ICICI Prudential BHARAT 22 FOF Fund Direct Growth has given a CAGR return of 18.18% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 0.49%, 28.26% and 34.49% respectively.
Holdings
ICICI Prudential BHARAT 22 FOF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Utilities, Industrial, Financial Services, Consumer Defensive, Energy, Basic Materials. Its top holdings are BHARAT 22 ETF
Taxation
As it is a equity - other mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of ICICI Prudential BHARAT 22 FOF Fund Direct Growth
ICICI Prudential BHARAT 22 FOF (the Scheme) is a fund of funds scheme with the primary objective to generate returns by investing in units of BHARAT 22 ETF. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. ICICI Prudential BHARAT 22 FOF Fund Direct Growth has no lock in period.
ICICI Prudential BHARAT 22 FOF Fund Direct Growth Overview
| Expense ratio | 0.19% |
Benchmark | BSE Bharat 22 TR INR |
| AUM | ₹2206 Cr |
| Inception Date | 29 June, 2018 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 29.76% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for ICICI Prudential BHARAT 22 FOF Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Trailing Returns
as on (29-Apr-25)
Fund Distribution
as on (31-Dec-69)
Large cap
92.2%
Mid cap
7.2%
Small cap
0.5%
Sector Allocation
Utilities
21.9%
Industrial
21%
Financial Services
19.6%
Consumer Defensive
16.4%
Energy
14.9%
Basic Materials
6.2%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 10.23% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund outperformed Nifty 500 by 2.98% in Mar'25
- AUM of the fund stands at 2.2K Cr as of Mar'25
- AUM increased by 223.7 Cr between Mar'25 and Feb'25
Small Cap allocation has gone down from 0.7% to 0.5%
Mid Cap allocation has gone down from 8.5% to 7.2%
Large Cap allocation has gone up from 90.1% to 92.2%
Cash allocation has gone up from 0.3% to 0.6%
Top 3 Sectors in March were Utilities, Industrial & Financial Services
Mar'25
Utilities
22%
Industrial
21%
Financial Services
20%
Feb'25
Utilities
22%
Industrial
21%
Financial Services
19%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 BHARAT 22 ETF | 99.96% | 1% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
ICICI Prudential BHARAT 22 FOF Fund Direct Growth | 0.49% | 28.26% | 34.49% | 18.18% |
 Sundaram Services Direct Growth | 17.91% | 19% | 29.6% | 21.5% |
 Franklin India Opportunities Fund - Direct - Growth | 14.73% | 30.7% | 33.71% | 18.23% |
 DSP Quant Fund Direct Growth | 8.18% | 10.14% | 18.53% | 13.96% |
See all
Loading...
We are taking more time than usual
Nishit Patel
Fund Manager of ICICI Prudential BHARAT 22 FOF Fund Direct Growth, since 18 January 2021
Top funds managed
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.04L Cr
as on 31-Mar-2025
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (equity - other). Its expense ratio is 0.19% which is lower than the category average expense ratio of 1.18%.
Over the last 1 month, this fund has experienced a 11.3% growth in AUM moving from 1.98K Cr to 2.20K Cr.
In the last 1 year, Sundaram Services Direct Growth has given 15.48% return, outperforming this fund by 16.21%.
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 40.79% return, outperforming this fund by 6.59% per annum.
In the last 3 years, SBI PSU Direct Growth has given 32.21% return, outperforming this fund by 4.1% per annum.
ICICI Prudential BHARAT 22 FOF Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 18.18% since inception which is more than its category average return of 9.64%
Fund Allocations
This fund has an allocation of 99.4% in Equity, 0% in Debt and 0.6% in Cash related instruments
AUM size ₹2206 Cr
This fund has AUM of ₹2206 Cr which is more than its category average of ₹ 2034 Cr
Expense Ratio 0.19%
This fund has an expense ratio of 0.19% which is less than its category average expense ratio of 1.31%
Most Popular Comparisons
- Compare
ICICI Prudential BHARAT 22 FOF FundVs
Nippon India Power & Infra Fund Direct Growth
- Compare
- ICICI Prudential BHARAT 22 FOF FundVs
Franklin India Opportunities Fund Direct Growth
- Compare
- ICICI Prudential BHARAT 22 FOF FundVs
SBI Magnum Global Fund Direct Growth
- Compare
- ICICI Prudential BHARAT 22 FOF FundVs
- SBI PSU Fund Direct Growth
- Compare
- ICICI Prudential BHARAT 22 FOF FundVs
Sundaram Services Fund Direct Growth
Frequently Asked Questions for ICICI Prudential BHARAT 22 FOF Fund Direct Growth
The current NAV of ICICI Prudential BHARAT 22 FOF Fund Direct Growth is ₹31.13 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
ICICI Prudential BHARAT 22 FOF Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.49% | 2.49% |
6 Month Returns | -3.77% | -3.77% |
1 Year Returns | 0.49% | 0.49% |
3 Years Returns | 110.99% | 28.26% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.19% as on March 2025
₹2206 Cr as on March 2025
Utilities(21.76%), Industrial(20.84%), Financial Services(19.5%) as on March 2025
The alpha ratio for the ICICI Prudential BHARAT 22 FOF Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential BHARAT 22 FOF Fund Direct Growth | - | - | - |
As on March 2025
The alpha for ICICI Prudential BHARAT 22 FOF Fund Direct Growth is calculated against BSE Bharat 22 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ICICI Prudential BHARAT 22 FOF Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential BHARAT 22 FOF Fund Direct Growth | - | - | - |
As on March 2025
The Beta for ICICI Prudential BHARAT 22 FOF Fund Direct Growth is calculated with BSE Bharat 22 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ICICI Prudential BHARAT 22 FOF Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential BHARAT 22 FOF Fund Direct Growth | -0.07 | 1.16 | 1.37 |
As on March 2025
The sharpe ratio for ICICI Prudential BHARAT 22 FOF Fund Direct Growth is calculated with BSE Bharat 22 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ICICI Prudential BHARAT 22 FOF Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential BHARAT 22 FOF Fund Direct Growth | 20.41 | 17.89 | 19.73 |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.28 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Nishit Patel is the fund manager of ICICI Prudential BHARAT 22 FOF Fund Direct Growth
The Exit load of ICICI Prudential BHARAT 22 FOF Fund Direct Growth is 0%