ICICI Prudential Equity Savings Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl

Hybrid
Direct
Equity Savings
ICICI Prudential Equity Savings Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl

About the Fund

ICICI Prudential Equity Savings Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 5 December, 2014. The fund is managed by Manish Banthia, Ritesh Lunawat, Dharmesh Kakkad. This fund gives you the benefit of diversification.

Key Parameters

  1. ICICI Prudential Equity Savings Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl has ₹10622 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

ICICI Prudential Equity Savings Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 8.61% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.43%, 9.22% and 8.84% respectively.

Holdings

ICICI Prudential Equity Savings Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Consumer Defensive, Government, Tech, Health, Communication, Energy, Utilities, Industrial, Basic Materials, Securitize, Corporate.

Taxation

As it is a equity savings mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of ICICI Prudential Equity Savings Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl

The Scheme seeks to generate regular income through investments in fixed income securities and using arbitrage and other derivative strategies. The Scheme also intends to generate long-term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments. However there can be no assurance that the investment objectives of the scheme will be realized

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Equity Savings Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.5%
Benchmark
Nifty Equity Savings Index TR
AUM₹10622 Cr
Inception Date5 December, 2014
Min Lumpsum/SIP₹5000/₹100
Exit Load
0.25%
Lock InNo Lock-in
TurnOver
91.15%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 16.9%

  • Debt & Cash 83.1%

Large cap
61%

Mid cap
0.7%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
25.4%
Consumer Defensive
14%
Consumer Cyclical
11.8%
Health
10.1%
Tech
10%
Energy
8.1%
Utilities
7%
Basic Materials
7%
Industrial
6%
Communication
0.6%
All changes are between Oct'69 and Dec'69

Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Equity Savings Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl, since 5 December 2014
Ritesh Lunawat
Ritesh Lunawat
Fund Manager of ICICI Prudential Equity Savings Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl, since 29 December 2020
Dharmesh Kakkad
Dharmesh Kakkad
Fund Manager of ICICI Prudential Equity Savings Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl, since 23 February 2021

ICICI Prudential Equity Savings Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.61% since inception which is more than its category average return of 8.44%
Fund Allocations

Fund Allocations

This fund has an allocation of 16.88% in Equity, 11.18% in Debt and 71.93% in Cash related instruments
AUM size ₹10622 Cr

AUM size ₹10622 Cr

This fund has AUM of ₹10622 Cr which is more than its category average of ₹ 1385 Cr
Expense Ratio 0.5%

Expense Ratio 0.5%

This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 1.14%

Frequently Asked Questions

The current NAV of ICICI Prudential Equity Savings Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl is ₹15.33 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
ICICI Prudential Equity Savings Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.66%
1.66%
6 Month Returns
5%
5%
1 Year Returns
11.43%
11.43%
3 Years Returns
30.29%
9.22%
5 Years Returns
52.75%
8.84%
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.
0.5% as on June 2024
₹10622 Cr as on June 2024
Sun Pharmaceuticals Industries Ltd(6.2%), HDFC Bank Ltd(5.29%), ITC Ltd(4.77%), Hindustan Unilever Ltd(4.47%), Tata Motors Ltd Class A(4.11%) as on June 2024
Cash Equivalent(68.53%), Government(10.19%), Financial Services(3.71%) as on June 2024
AAA
88.37
AA
11.63
Manish Banthia, Ritesh Lunawat, Dharmesh Kakkad are the fund managers of ICICI Prudential Equity Savings Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl
The Exit load of ICICI Prudential Equity Savings Fund Direct Quarterly Reinvestment Inc Dist cum Cap Wdrl is 0.25%