ICICI Prudential Global Advantage Fund(FOF) Direct Growth
Equity
Direct
Global - Other
NAV: ₹ 13.9 as on 16-04-2024
Fund Performance
131 people have invested ₹ 4.2L in ICICI Prudential Global Advantage Fund(FOF) Direct Growth in the last three months
INDmoney Rank of ICICI Prudential Global Advantage Fund(FOF) Direct Growth
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IND ranking is not available for this fund.
Pros
Hold on while we find any good points for this fund.
Cons
3Y returns in the bottom 25% of the category
About the ICICI Prudential Global Advantage Fund(FOF) Direct Growth
ICICI Prudential Global Advantage Fund(FOF) Direct Growth is an equity fund. This fund was started on 9 October, 2019. The fund is managed by Dharmesh Kakkad, Sankaran Naren. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Global Advantage Fund(FOF) Direct Growth has ₹315 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 1.7.
ICICI Prudential Global Advantage Fund(FOF) Direct Growth Overview
 | 1.65% |
 Benchmark | S&P Global 1200 TR |
 | ₹315 Cr |
 | 9 October, 2019 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 5.46% |
ICICI Prudential Global Advantage Fund(FOF) Direct Growth Distribution as on (31-Dec-69)
Size breakup
Large cap
78.9%
Mid cap
14%
Small cap
1.8%
Sector Allocation
Financial Services
21%
Consumer Cyclical
18%
Tech
14.4%
Industrial
14.1%
Communication
8.8%
Consumer Defensive
7%
Health
6.2%
Basic Materials
3.7%
Real Estate
3.6%
Energy
2.1%
Utilities
1.1%
Top Holdings of ICICI Prudential Global Advantage Fund(FOF) Direct Growth as on (31-Mar-24)
Equity Holdings1
Debt Holdings3
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Nippon India ETF Hang Seng BeES | 30.19% | 0% |
Peer Analysis
ICICI Prudential Global Advantage Fund(FOF) Direct Growth Fund Manager
Dharmesh Kakkad
Fund Manager of ICICI Prudential Global Advantage Fund(FOF) Direct Growth, since 9 October 2019
Top funds managed
Sankaran Naren
Fund Manager of ICICI Prudential Global Advantage Fund(FOF) Direct Growth, since 9 October 2019
Top funds managed
ICICI Prudential Global Advantage Fund(FOF) Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 7.53% since inception which is more than its category average return of 6.73%
Fund Allocations
This fund has an allocation of 94.83% in Equity, 0% in Debt and 5.17% in Cash related instruments
AUM size ₹315 Cr
This fund has AUM of ₹315 Cr which is less than its category average of ₹ 511 Cr
Expense Ratio 1.65%
This fund has an expense ratio of 1.65% which is more than its category average expense ratio of 1.4%
Frequently Asked Questions
The current NAV of ICICI Prudential Global Advantage Fund(FOF) Direct Growth is ₹13.9 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
ICICI Prudential Global Advantage Fund(FOF) Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.49% | -0.49% |
6 Month Returns | 6.73% | 6.73% |
1 Year Returns | 5.68% | 5.68% |
3 Years Returns | -4.68% | -1.58% |
5 Years Returns | 0% | 0% |
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1.65% as on March 2024
₹315 Cr as on March 2024
Financial Services(19.91%), Consumer Cyclical(17.08%), Tech(13.69%) as on March 2024
The alpha ratio for the ICICI Prudential Global Advantage Fund(FOF) Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Global Advantage Fund(FOF) Direct Growth | - | - | - |
As on March 2024
The alpha for ICICI Prudential Global Advantage Fund(FOF) Direct Growth is calculated against S&P Global 1200 TR. 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 Global Advantage Fund(FOF) Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Global Advantage Fund(FOF) Direct Growth | - | - | - |
As on March 2024
The Beta for ICICI Prudential Global Advantage Fund(FOF) Direct Growth is calculated with S&P Global 1200 TR. 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 Global Advantage Fund(FOF) Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Global Advantage Fund(FOF) Direct Growth | 0.07 | -0.25 | - |
As on March 2024
The sharpe ratio for ICICI Prudential Global Advantage Fund(FOF) Direct Growth is calculated with S&P Global 1200 TR. 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 Global Advantage Fund(FOF) Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Global Advantage Fund(FOF) Direct Growth | 13.88 | 15.09 | - |
As on March 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.
Dharmesh Kakkad, Sankaran Naren are the fund managers of ICICI Prudential Global Advantage Fund(FOF) Direct Growth
The Exit load of ICICI Prudential Global Advantage Fund(FOF) Direct Growth is 1%