Equity
Direct
Equity - Esg
NAV as on 08-11-2024
₹ 23.09
1D
Inception Returns
22.8%
/yr
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth is an equity fund. This fund was started on 9 October, 2020. The fund is managed by Mittul Kalawadia. The fund could potentially beat inflation in the long-run.
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth has given a CAGR return of 22.75% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 40.19% and 17.02% respectively.
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Industrial, Health, Communication, Basic Materials, Utilities, Consumer Defensive, Energy. Its top holdings are Sun Pharmaceuticals Industries Ltd, Bharti Airtel Ltd, HDFC Bank Ltd, ICICI Bank Ltd, Inox Wind Ltd
As it is a equity - esg 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.
To generate long-term capital appreciation by investing in a diversified basket of companies identified based on the Environmental, Social and Governance (ESG) theme following Exclusion Strategy.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth has no lock in period.
Expense ratio | 0.94% |
Benchmark | Morningstar India Sustain NR INR |
AUM | ₹1652 Cr |
Inception Date | 9 October, 2020 |
Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 35.78% |
STCG | Redeeming 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 |
as on (08-Nov-24)
as on (30-Sep-24)
Top 3 Sectors in September were Financial Services, Consumer Cyclical & Industrial
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.94% | -2.94% |
6 Month Returns | 18.29% | 18.29% |
1 Year Returns | 40.19% | 40.19% |
3 Years Returns | 60.24% | 17.02% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth | 11.58 | 6.92 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth | 0.86 | 0.8 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth | 2.33 | 0.94 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth | 13.52 | 12.57 | - |