ICICI Prudential Focused Equity Fund Direct Growth

ICICI Prudential Focused Equity Fund Direct Growth

Equity

Direct

Focused Fund

NAV as on 02-12-2024

₹ 98.22

0.6%

1D

Inception Returns

16.9%

/yr

About ICICI Prudential Focused Equity Fund Direct Growth

ICICI Prudential Focused Equity Fund Direct Growth is an equity fund. This fund was started on 10 January, 2013. The fund is managed by Vaibhav Dusad. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Focused Equity Fund Direct Growth has ₹9867 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

ICICI Prudential Focused Equity Fund Direct Growth has given a CAGR return of 16.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.93%, 22.15% and 25.65% respectively.

Holdings

ICICI Prudential Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Industrial, Consumer Cyclical, Basic Materials, Consumer Defensive, Communication, Real Estate, Utilities, Tech. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Axis Bank Ltd, Sun Pharmaceuticals Industries Ltd, Larsen & Toubro Ltd

Taxation

As it is a focused fund 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 Focused Equity Fund Direct Growth

To generate capital appreciation by investing in a concentrated portfolio of equity and equity related securities of up to 30 companies across market capitalization i.e. focus on multicap. 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 Focused Equity Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
4522 people have invested ₹ 6.1Cr in ICICI Prudential Focused Equity Fund Direct Growth in the last three months

INDmoney Rank for ICICI Prudential Focused Equity Fund Direct Growth

Powered by IND quant engine
2
/19
88% Performance
54% Risk Management
88% Cost
2 out of 19 among focused fund
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Generated Consistent Returns
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Consistently beats benchmark
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Lower probablity of downside risk
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No bad points found for this fund.

ICICI Prudential Focused Equity Fund Direct Growth Overview

Expense ratio0.59%
Benchmark
S&P BSE 500 India TR INR
AUM₹9867 Cr
Inception Date10 January, 2013
Min Lumpsum/SIP₹5000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
77.67%
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 (02-Dec-24)

Period
ICICI Prudential Focused Equity Fund Direct Growth
Nifty 500
focused fund
1M
-0.2%
0.1%
1.2%
3M
-3.2%
-3.9%
-2.3%
6M
12.3%
8.2%
11.5%
1Y
36.9%
26.1%
29.4%
3Y
22.2%
15.1%
16.4%
5Y
25.7%
18.4%
18.9%

Fund Distribution

as on (31-Oct-24)

  • Equity 94.2%

  • Debt & Cash 5.8%

Large cap
72.9%

Mid cap
20.6%

Small cap
1.8%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
34.4%
Health
12.3%
Industrial
11.9%
Consumer Cyclical
9%
Basic Materials
8.3%
Consumer Defensive
7.1%
Communication
6.4%
Real Estate
5.2%
Utilities
3.5%
Tech
2%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-5.71%
2.73%
2.36%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -5.71% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 0.81% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 9.9K Cr
₹ 10.2K Cr
₹ 10.1K Cr
  • AUM of the fund stands at 9.9K Cr as of Oct'24
  • AUM decreased by 334.3 Cr between Oct'24 and Sep'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 5.65% to 6.77%
HDFC Bank Ltd's allocation increased from 5.65% to 6.77%
Lupin Ltd's allocation increased from 1.41% to 2.51%
Lupin Ltd's allocation increased from 1.41% to 2.51%
UltraTech Cement Ltd's allocation increased from 3.13% to 3.79%
UltraTech Cement Ltd's allocation increased from 3.13% to 3.79%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 8.65 % to 8.57 %
ICICI Bank Ltd's allocation decreased from 8.65 % to 8.57 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 6.55 % to 5.98 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 6.55 % to 5.98 %
Avenue Supermarts Ltd's allocation decreased from 3.57 % to 3.36 %
Avenue Supermarts Ltd's allocation decreased from 3.57 % to 3.36 %
Small Cap allocation has gone up from 1.5% to 1.8%
Small Cap allocation has gone up from 1.5% to 1.8%
Mid Cap allocation has gone down from 22.3% to 20.6%
Mid Cap allocation has gone down from 22.3% to 20.6%
Large Cap allocation has gone up from 72.2% to 72.9%
Large Cap allocation has gone up from 72.2% to 72.9%
Cash allocation has gone up from 4.6% to 5.8%
Cash allocation has gone up from 4.6% to 5.8%

Top 3 Sectors in October were Financial Services, Health & Industrial

Oct'24
Financial Services
34%
Health
12%
Industrial
12%
Sep'24
Financial Services
32%
Health
13%
Industrial
10%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
45
43
35
Top 5 Company Concentration
31.6%
30.4%
29.4%
Company having highest exposure
ICICI Bank Ltd (8.6%)
ICICI Bank Ltd (8.7%)
ICICI Bank Ltd (8.4%)
No of Sectors
10
10
12
Top 5 Sectors Concentration
75.8%
72.6%
71.4%
Sector having highest exposure
Financial Services (34.4%)
Financial Services (32.2%)
Financial Services (28.7%)
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Vaibhav Dusad
Vaibhav Dusad
Fund Manager of ICICI Prudential Focused Equity Fund Direct Growth, since 8 August 2022
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.35L Cr
as on 31-Oct-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

Mutual Fund Insights

Insights icon
In the last 1 year, Invesco India Focused Fund Direct Growth has given 53.82% return, outperforming this fund by 16.89%.
Insights icon
Over the last 6 months, this fund has experienced a 25.3% growth in AUM moving from 7.87K Cr to 9.86K Cr.
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In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 26.84% return, outperforming this fund by 4.69% per annum.
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This fund has one of the lowest expense ratio in the category (focused fund). Its expense ratio is 0.59% which is lower than the category average expense ratio of 1.27%.
Insights icon
Over the last 15 months, this fund has decreased expense ratio by 15.7% moving from 0.70 to 0.59.

ICICI Prudential Focused Equity 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 16.89% since inception which is less than its category average return of 17.51%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.21% in Equity, 0% in Debt and 5.79% in Cash related instruments
AUM size ₹9867 Cr

AUM size ₹9867 Cr

This fund has AUM of ₹9867 Cr which is more than its category average of ₹ 4697 Cr
Expense Ratio 0.59%

Expense Ratio 0.59%

This fund has an expense ratio of 0.59% which is less than its category average expense ratio of 1.47%

Frequently Asked Questions for ICICI Prudential Focused Equity Fund Direct Growth

The current NAV of ICICI Prudential Focused Equity Fund Direct Growth is ₹98.22 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
ICICI Prudential Focused Equity Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.17%
-0.17%
6 Month Returns
12.25%
12.25%
1 Year Returns
36.93%
36.93%
3 Years Returns
82.26%
22.15%
5 Years Returns
213.2%
25.65%
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0.59% as on November 2024
₹9867 Cr as on November 2024
ICICI Bank Ltd(8.57%), HDFC Bank Ltd(6.77%), Axis Bank Ltd(6.04%), Sun Pharmaceuticals Industries Ltd(5.98%), Larsen & Toubro Ltd(4.22%) as on November 2024
Financial Services(32.41%), Health(11.55%), Industrial(11.2%) as on November 2024
The alpha ratio for the ICICI Prudential Focused Equity Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Focused Equity Fund Direct Growth
10.21
5.72
6.79
As on November 2024
The alpha for ICICI Prudential Focused Equity Fund Direct Growth is calculated against S&P BSE 500 India 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Focused Equity Fund Direct Growth
0.85
0.92
0.84
As on November 2024
The Beta for ICICI Prudential Focused Equity Fund Direct Growth is calculated with S&P BSE 500 India 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 Focused Equity 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 Focused Equity Fund Direct Growth
2.17
1.18
1.13
As on November 2024
The sharpe ratio for ICICI Prudential Focused Equity Fund Direct Growth is calculated with S&P BSE 500 India 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 Focused Equity 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 Focused Equity Fund Direct Growth
11.82
13.11
16.89
As on November 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 2.21 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.31 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Vaibhav Dusad is the fund manager of ICICI Prudential Focused Equity Fund Direct Growth
The Exit load of ICICI Prudential Focused Equity Fund Direct Growth is 1%