ICICI Prudential Exports and Services Fund Direct Growth

Equity
Direct
Equity - Other
ICICI Prudential Exports and Services Fund Direct Growth

About the Fund

ICICI Prudential Exports and Services Fund Direct Growth is an equity fund. This fund was started on 8 January, 2013. The fund is managed by Priyanka Khandelwal, Sankaran Naren. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Exports and Services Fund Direct Growth has ₹1285 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 1.7.

Returns

ICICI Prudential Exports and Services Fund Direct Growth has given a CAGR return of 20.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 44.83%, 23.77% and 22.00% respectively.

Holdings

ICICI Prudential Exports and Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Government, Communication, Industrial, Tech, Energy, Utilities, Consumer Defensive, Consumer Cyclical, Real Estate, Basic Materials. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Sun Pharmaceuticals Industries Ltd, Reliance Industries Ltd, NTPC Ltd

Taxation

As it is a equity - other 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 Exports and Services Fund Direct Growth

To generate capital appreciation and income distribution to unit holders by investing predominantly in equity/equity related securities of the companies belonging to Exports & Services industry. 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 Exports and Services Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
193 people have invested ₹ 16L in ICICI Prudential Exports and Services Fund Direct Growth in the last three months

INDmoney Rank

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Fund Overview

Expense ratio1.65%
Benchmark
BSE 500 TR INR
AUM₹1285 Cr
Inception Date8 January, 2013
Min Lumpsum/SIP₹5000/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
112.84%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 93.2%

  • Debt & Cash 6.8%

Large cap
72.3%

Mid cap
14.3%

Small cap
8.1%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
37.8%
Health
14.9%
Communication
9.9%
Industrial
8.5%
Tech
7.9%
Energy
6.9%
Utilities
6.9%
Consumer Defensive
3.3%
Consumer Cyclical
1.6%
Real Estate
1.5%
Basic Materials
0.9%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Priyanka Khandelwal
Priyanka Khandelwal
Fund Manager of ICICI Prudential Exports and Services Fund Direct Growth, since 1 May 2023
Sankaran Naren
Sankaran Naren
Fund Manager of ICICI Prudential Exports and Services Fund Direct Growth, since 14 July 2017

Mutual Fund Insights

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In the last 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 42.89% return, outperforming this fund by 19.11% per annum.
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In the last 5 years, Invesco India PSU Equity Fund Direct Plan Growth has given 32.2% return, outperforming this fund by 10.2% per annum.
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In the last 1 year, HDFC Defence Fund Direct Growth has given 136.86% return, outperforming this fund by 92.03%.
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Over the last 1 month, this fund has increased expense ratio by 5.1% moving from 1.57 to 1.65.
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Over the last 1 month, this fund has experienced a 2.5% drop in AUM moving from 1.31K Cr to 1.28K Cr.

ICICI Prudential Exports and Services 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 20.24% since inception which is less than its category average return of 25.86%
Fund Allocations

Fund Allocations

This fund has an allocation of 93.24% in Equity, 0% in Debt and 6.76% in Cash related instruments
AUM size ₹1285 Cr

AUM size ₹1285 Cr

This fund has AUM of ₹1285 Cr which is less than its category average of ₹ 1976 Cr
Expense Ratio 1.65%

Expense Ratio 1.65%

This fund has an expense ratio of 1.65% which is more than its category average expense ratio of 1.21%

Frequently Asked Questions

The current NAV of ICICI Prudential Exports and Services Fund Direct Growth is ₹159.47 as on 19-Jun-2024.
Existing (Absolute + CAGR) as on 19-Jun-2024.
ICICI Prudential Exports and Services Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.34%
4.34%
6 Month Returns
18.37%
18.37%
1 Year Returns
44.83%
44.83%
3 Years Returns
89.62%
23.77%
5 Years Returns
170.29%
22%
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1.65% as on May 2024
₹1285 Cr as on May 2024
HDFC Bank Ltd(8.34%), ICICI Bank Ltd(8.21%), Sun Pharmaceuticals Industries Ltd(6.76%), Reliance Industries Ltd(6.6%), NTPC Ltd(5.89%) as on May 2024
Financial Services(35.24%), Health(13.93%), Communication(9.2%) as on May 2024
The alpha ratio for the ICICI Prudential Exports and Services Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Exports and Services Fund Direct Growth
-
-
-
As on May 2024
The alpha for ICICI Prudential Exports and Services Fund Direct Growth is calculated against BSE 500 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 Exports and Services Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Exports and Services Fund Direct Growth
-
-
-
As on May 2024
The Beta for ICICI Prudential Exports and Services Fund Direct Growth is calculated with BSE 500 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 Exports and Services 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 Exports and Services Fund Direct Growth
3.04
1.49
0.88
As on May 2024
The sharpe ratio for ICICI Prudential Exports and Services Fund Direct Growth is calculated with BSE 500 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 Exports and Services 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 Exports and Services Fund Direct Growth
9.3
10.23
17.06
As on May 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 3.1 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Priyanka Khandelwal, Sankaran Naren are the fund managers of ICICI Prudential Exports and Services Fund Direct Growth
The Exit load of ICICI Prudential Exports and Services Fund Direct Growth is 1%