ICICI Prudential Housing Opportunities Fund Direct Growth

ICICI Prudential Housing Opportunities Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 06-12-2024

₹ 17.8

0.3%

1D

Inception Returns

24.5%

/yr

About ICICI Prudential Housing Opportunities Fund Direct Growth

ICICI Prudential Housing Opportunities Fund Direct Growth is an equity fund. This fund was started on 18 April, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Housing Opportunities Fund Direct Growth has ₹2542 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 1.

Returns

ICICI Prudential Housing Opportunities Fund Direct Growth has given a CAGR return of 24.47% since inception. Over the last 1 year the fund has given a CAGR return of 26.87%.

Holdings

ICICI Prudential Housing Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Securitize, Industrial, Utilities, Real Estate, Consumer Cyclical. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Larsen & Toubro Ltd, NTPC Ltd, Grasim Industries 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 Housing Opportunities Fund Direct Growth

To generate long-term capital appreciation by investing in equity and equity related instruments of entities engaged in and/or expected to benefit from the growth in housing theme. 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 Housing Opportunities Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
675 people have invested ₹ 22.6L in ICICI Prudential Housing Opportunities Fund Direct Growth in the last three months

ICICI Prudential Housing Opportunities Fund Direct Growth Overview

Expense ratio1%
Benchmark
IISL Nifty Housing TR INR
AUM₹2542 Cr
Inception Date18 April, 2022
Min Lumpsum/SIP₹5000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
63.75%
STCGSelling mutual fund 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 (06-Dec-24)

Period
ICICI Prudential Housing Opportunities Fund Direct Growth
Nifty 500
equity - other
1M
1.5%
2.9%
-
3M
0.8%
-0.7%
-
6M
11.7%
7.1%
-
1Y
26.9%
24.6%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 89%

  • Debt & Cash 11%

Large cap
61.8%

Small cap
21.3%

Mid cap
4.5%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
32%
Basic Materials
26.9%
Industrial
19%
Utilities
9.3%
Real Estate
6.5%
Consumer Cyclical
6.2%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-3.89%
3.75%
-0.73%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -3.89% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 2.63% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 2.5K Cr
₹ 2.7K Cr
₹ 2.6K Cr
  • AUM of the fund stands at 2.5K Cr as of Oct'24
  • AUM decreased by 137.2 Cr between Oct'24 and Sep'24
Top Stocks bought last month
State Bank of India's allocation increased from 1.5% to 2.32%
State Bank of India's allocation increased from 1.5% to 2.32%
ICICI Bank Ltd's allocation increased from 8.42% to 9.01%
ICICI Bank Ltd's allocation increased from 8.42% to 9.01%
UltraTech Cement Ltd's allocation increased from 3.68% to 4.11%
UltraTech Cement Ltd's allocation increased from 3.68% to 4.11%
Top Stocks sold last month
NTPC Ltd's allocation decreased from 8.11 % to 7.87 %
NTPC Ltd's allocation decreased from 8.11 % to 7.87 %
Axis Bank Ltd's allocation decreased from 4.02 % to 3.99 %
Axis Bank Ltd's allocation decreased from 4.02 % to 3.99 %
Tata Steel Ltd's allocation decreased from 5.26 % to 2.69 %
Tata Steel Ltd's allocation decreased from 5.26 % to 2.69 %
Mid Cap allocation has gone up from 4.2% to 4.5%
Mid Cap allocation has gone up from 4.2% to 4.5%
Large Cap allocation has gone up from 59.5% to 61.8%
Large Cap allocation has gone up from 59.5% to 61.8%
Small Cap allocation has gone down from 22.1% to 21.3%
Small Cap allocation has gone down from 22.1% to 21.3%
Cash allocation has gone down from 10.8% to 8.2%
Cash allocation has gone down from 10.8% to 8.2%
Debt allocation has gone up from 2.7% to 2.8%
Debt allocation has gone up from 2.7% to 2.8%

Top 3 Sectors in October were Financial Services, Basic Materials & Securitize

Oct'24
Financial Services
32%
Basic Materials
27%
Securitize
24%
Sep'24
Financial Services
32%
Basic Materials
27%
Securitize
20%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
50
50
49
Top 5 Company Concentration
39.3%
38.2%
39.3%
Company having highest exposure
HDFC Bank Ltd (9.4%)
HDFC Bank Ltd (9%)
HDFC Bank Ltd (9.2%)
No of Sectors
7
7
7
Top 5 Sectors Concentration
111.6%
106.8%
112.8%
Sector having highest exposure
Financial Services (32%)
Financial Services (31.9%)
Financial Services (29.1%)
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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

ICICI Prudential Housing Opportunities 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 24.47% since inception which is more than its category average return of 19.56%
Fund Allocations

Fund Allocations

This fund has an allocation of 89.01% in Equity, 2.75% in Debt and 8.23% in Cash related instruments
AUM size ₹2542 Cr

AUM size ₹2542 Cr

This fund has AUM of ₹2542 Cr which is more than its category average of ₹ 2182 Cr
Expense Ratio 1%

Expense Ratio 1%

This fund has an expense ratio of 1% which is less than its category average expense ratio of 1.17%

Frequently Asked Questions for ICICI Prudential Housing Opportunities Fund Direct Growth

The current NAV of ICICI Prudential Housing Opportunities Fund Direct Growth is ₹17.8 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
ICICI Prudential Housing Opportunities Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.48%
1.48%
6 Month Returns
11.67%
11.67%
1 Year Returns
26.87%
26.87%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
1% as on November 2024
₹2542 Cr as on November 2024
HDFC Bank Ltd(9.37%), ICICI Bank Ltd(9.01%), Larsen & Toubro Ltd(8.44%), NTPC Ltd(7.87%), Grasim Industries Ltd(4.57%) as on November 2024
Financial Services(28.52%), Basic Materials(23.91%), Industrial(16.94%) as on November 2024
The alpha ratio for the ICICI Prudential Housing Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Housing Opportunities Fund Direct Growth
-
-
-
As on November 2024
The alpha for ICICI Prudential Housing Opportunities Fund Direct Growth is calculated against IISL Nifty Housing 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 Housing Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Housing Opportunities Fund Direct Growth
-
-
-
As on November 2024
The Beta for ICICI Prudential Housing Opportunities Fund Direct Growth is calculated with IISL Nifty Housing 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 Housing Opportunities 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 Housing Opportunities Fund Direct Growth
1.62
-
-
As on November 2024
The sharpe ratio for ICICI Prudential Housing Opportunities Fund Direct Growth is calculated with IISL Nifty Housing 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 Housing Opportunities 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 Housing Opportunities Fund Direct Growth
12.59
-
-
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.
The Exit load of ICICI Prudential Housing Opportunities Fund Direct Growth is 1%