ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth

ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth

Equity

Direct

Equity - Esg

NAV as on 08-11-2024

₹ 23.09

-0.8%

1D

Inception Returns

22.8%

/yr

About ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth

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.

Key Parameters

  1. ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth has ₹1652 Cr worth of assets under management (AUM) as on Sep 2024 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

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.

Holdings

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

Taxation

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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth

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 and lockin period

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
290 people have invested ₹ 39.4L in ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth in the last three months

INDmoney Rank for ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth

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ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth Overview

Expense ratio0.94%
Benchmark
Morningstar India Sustain NR INR
AUM₹1652 Cr
Inception Date9 October, 2020
Min Lumpsum/SIP₹5000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
35.78%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (08-Nov-24)

Period
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth
Equity ESG Index
1M
-2.9%
-3.8%
3M
4.2%
0.6%
6M
18.3%
12.3%
1Y
40.2%
30.5%
3Y
17%
11.9%

Fund Distribution

as on (30-Sep-24)

  • Equity 97.5%

  • Debt & Cash 2.5%

Large cap
64%

Small cap
26%

Mid cap
2.9%

Sector Allocation

Sep'24

Aug'24

Jul'24

Financial Services
25%
Consumer Cyclical
15.3%
Tech
12.9%
Industrial
11.9%
Health
10.1%
Communication
9.8%
Basic Materials
5.4%
Utilities
4.1%
Consumer Defensive
3.2%
Energy
2.2%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 1.7K Cr
₹ 1.6K Cr
₹ 1.6K Cr
  • AUM of the fund stands at 1.7K Cr as of Sep'24
  • AUM increased by 44.4 Cr between Sep'24 and Aug'24
Large Cap allocation has gone up from 62.6% to 64%
Large Cap allocation has gone up from 62.6% to 64%
Small Cap allocation has gone up from 25.5% to 26%
Small Cap allocation has gone up from 25.5% to 26%
Mid Cap allocation has gone up from 2.3% to 2.9%
Mid Cap allocation has gone up from 2.3% to 2.9%
Cash allocation has gone down from 5.1% to 2.5%
Cash allocation has gone down from 5.1% to 2.5%

Top 3 Sectors in September were Financial Services, Consumer Cyclical & Industrial

Sep'24
Financial Services
25%
Consumer Cyclical
15%
Tech
13%
Aug'24
Financial Services
23%
Consumer Cyclical
16%
Industrial
13%
  • Gainers

  • Losers

Fund
Sep'24
Aug'24
Jul'24
No of Holdings
50
47
48
Top 5 Company Concentration
33.7%
33.5%
34.5%
Company having highest exposure
Sun Pharmaceuticals Industries Ltd (7.9%)
Sun Pharmaceuticals Industries Ltd (7.7%)
Sun Pharmaceuticals Industries Ltd (8.4%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
75.3%
75.3%
74.7%
Sector having highest exposure
Financial Services (25%)
Financial Services (23.4%)
Financial Services (22.9%)
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Mittul Kalawadia
Mittul Kalawadia
Fund Manager of ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth, since 1 March 2022
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.1L Cr
as on 30-Sep-2024
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com

ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 22.75% since inception which is more than its category average return of 18.76%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.48% in Equity, 0% in Debt and 2.52% in Cash related instruments
AUM size ₹1652 Cr

AUM size ₹1652 Cr

This fund has AUM of ₹1652 Cr which is more than its category average of ₹ 1357 Cr
Expense Ratio 0.94%

Expense Ratio 0.94%

This fund has an expense ratio of 0.94% which is less than its category average expense ratio of 1.46%

Frequently Asked Questions for ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth

The current NAV of ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth is ₹23.09 as on 08-Nov-2024.
Existing (Absolute + CAGR) as on 08-Nov-2024.
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%
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0.94% as on October 2024
₹1652 Cr as on October 2024
Sun Pharmaceuticals Industries Ltd(7.94%), Bharti Airtel Ltd(7.29%), HDFC Bank Ltd(6.87%), ICICI Bank Ltd(6.73%), Inox Wind Ltd(4.91%) as on October 2024
Financial Services(24.38%), Consumer Cyclical(14.91%), Tech(12.6%) as on October 2024
The alpha ratio for the ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth
11.58
6.92
-
As on October 2024
The alpha for ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth is calculated against Morningstar India Sustain NR 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 ESG Exclusionary Strategy Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth
0.86
0.8
-
As on October 2024
The Beta for ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth is calculated with Morningstar India Sustain NR 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 ESG Exclusionary Strategy 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 ESG Exclusionary Strategy Fund Direct Growth
2.33
0.94
-
As on October 2024
The sharpe ratio for ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth is calculated with Morningstar India Sustain NR 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 ESG Exclusionary Strategy 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 ESG Exclusionary Strategy Fund Direct Growth
13.52
12.57
-
As on October 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 1.7 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.11 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Mittul Kalawadia is the fund manager of ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth
The Exit load of ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth is 1%