ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth
Equity
Direct
Equity - Consumption
About the Fund
ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth is an equity fund. This fund was started on 15 April, 2019. The fund is managed by Priyanka Khandelwal, Sankaran Naren, Dharmesh Kakkad. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth has ₹2434 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 1.2.
Returns
ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth has given a CAGR return of 20.52% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 40.02%, 26.43% and 23.39% respectively.
Holdings
ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Securitize, Health, Communication, Government, Basic Materials, Utilities, Industrial, Real Estate, Corporate. Its top holdings are Hindustan Unilever Ltd, Maruti Suzuki India Ltd, Sun Pharmaceuticals Industries Ltd, ITC Ltd, Bharti Airtel Ltd
Taxation
As it is a equity - consumption mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth
The investment objective of the Scheme is to provide capital appreciation by investing predominantly in equity and equity related instruments of sectors that could benefit from growth in consumption and related activities. 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 100.00. ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth has no lock in period.
Fund Performance
331 people have invested ₹ 63.5L in ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Fund Overview
| Expense ratio | 1.17% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹2434 Cr |
| Inception Date | 15 April, 2019 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 137.64% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
62%
Small cap
14.9%
Mid cap
12.3%
Sector Allocation
Consumer Cyclical
29.9%
Consumer Defensive
29.1%
Health
19.1%
Communication
9.6%
Basic Materials
5.1%
Utilities
2.7%
Industrial
2.3%
Real Estate
2.3%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Hindustan Unilever Ltd | 13.3% |
 Sun Pharmaceuticals Industries Ltd | 7.2% |
 Affle India Ltd | 4.9% |
Priyanka Khandelwal
Fund Manager of ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth, since 15 April 2019
Top funds managed
Sankaran Naren
Fund Manager of ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth, since 2 May 2022
Top funds managed
Dharmesh Kakkad
Fund Manager of ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth, since 2 May 2022
Top funds managed
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (equity - consumption). Its expense ratio is 1.17% which is lower than the category average expense ratio of 1.44%.
Over the last 1 year, this fund has decreased expense ratio by 24.0% moving from 1.54 to 1.17.
Over the last 1 month, this fund has experienced a 3.6% growth in AUM moving from 2.34K Cr to 2.43K Cr.
In the last 5 years, Nippon India Consumption Fund - Direct Plan - Growth Plan has given 28.13% return, outperforming this fund by 4.74% per annum.
In the last 1 year, Nippon India Consumption Fund - Direct Plan - Growth Plan has given 43.65% return, outperforming this fund by 3.63%.
In the last 3 years, SBI Consumption Opportunities Fund Direct Plan Growth has given 28.43% return, outperforming this fund by 1.99% per annum.
ICICI Prudential Bharat Consumption Fund Cumulative 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 20.52% since inception which is more than its category average return of 20.29%
Fund Allocations
This fund has an allocation of 89.18% in Equity, 3.5% in Debt and 7.33% in Cash related instruments
AUM size ₹2434 Cr
This fund has AUM of ₹2434 Cr which is more than its category average of ₹ 1588 Cr
Expense Ratio 1.17%
This fund has an expense ratio of 1.17% which is less than its category average expense ratio of 1.49%
Frequently Asked Questions
The current NAV of ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth is ₹26.84 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.28% | 4.28% |
6 Month Returns | 17.44% | 17.44% |
1 Year Returns | 40.02% | 40.02% |
3 Years Returns | 102.11% | 26.43% |
5 Years Returns | 186.02% | 23.39% |
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1.17% as on June 2024
₹2434 Cr as on June 2024
Hindustan Unilever Ltd(8.21%), Maruti Suzuki India Ltd(6.89%), Sun Pharmaceuticals Industries Ltd(6.62%), ITC Ltd(5.56%), Bharti Airtel Ltd(5.42%) as on June 2024
Consumer Cyclical(26.66%), Consumer Defensive(25.92%), Health(16.99%) as on June 2024
The alpha ratio for the ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth | 7.96 | 7.4 | 2.8 |
As on June 2024
The alpha for ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth is calculated against S&P BSE 500 India 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 Consumption Fund Cumulative Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth | 0.75 | 0.64 | 0.86 |
As on June 2024
The Beta for ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth is calculated with S&P BSE 500 India 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 Consumption Fund Cumulative 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 Consumption Fund Cumulative Direct Growth | 2.8 | 1.68 | 1.01 |
As on June 2024
The sharpe ratio for ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth is calculated with S&P BSE 500 India 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 Consumption Fund Cumulative 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 Consumption Fund Cumulative Direct Growth | 9.3 | 10.31 | 15.14 |
As on June 2024
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 3.83 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.37 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Priyanka Khandelwal, Sankaran Naren, Dharmesh Kakkad are the fund managers of ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth
The Exit load of ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth is 1%