ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth
About the Fund
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
- ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth has ₹1496 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 1.
Returns
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth has given a CAGR return of 22.97% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 41.23% and 17.77% respectively.
Holdings
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Industrial, Communication, Health, Basic Materials, Utilities, Consumer Defensive, Energy. Its top holdings are Bharti Airtel Ltd, Sun Pharmaceuticals Industries Ltd, HDFC Bank Ltd, ICICI Bank Ltd, Infosys 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 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 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.
INDmoney Rank
Fund Overview
| Expense ratio | 1% |
Benchmark | Morningstar India Sustain NR INR |
| AUM | ₹1496 Cr |
| Inception Date | 9 October, 2020 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 35.78% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bharti Airtel Ltd | 7.94% | 0% | |
 Sun Pharmaceuticals Industries Ltd | 7.69% | 0% | |
 HDFC Bank Ltd | 7.07% | 3% | |
 ICICI Bank Ltd | 7% | 8% | |
 Infosys Ltd | 4.71% | 0% |
Returns for the month of Dec
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 20.3% |
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1496 Cr
Expense Ratio 1%
Frequently Asked Questions
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.34% | 4.34% |
6 Month Returns | 16.19% | 16.19% |
1 Year Returns | 41.23% | 41.23% |
3 Years Returns | 63.36% | 17.77% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth | 8.77 | 4.15 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth | 0.84 | 0.71 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth | 2.52 | 0.99 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth | 10.91 | 11.5 | - |