ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth
Hybrid
Direct
Fund Of Funds
NAV: ₹ 50.4 as on 31-03-2023
Fund Performance
20 people have invested ₹ 1.3L in mutual fund in the last three months
Fund Insights
In the last 1 year, ICICI Prudential BHARAT 22 FOF Direct Growth has given 21.24% return, outperforming ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth by 13.64%
In the last 3 years, ICICI Prudential Thematic Advantage Fund(FOF) Direct Plan Growth has given 37.24% return, outperforming ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth by 23.55% per annum
In the last 5 years, Kotak Multi Asset Allocator Fund of Fund - Dynamic Direct Growth has given 15.56% return, outperforming ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth by 6.7% per annum
ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth expense ratio is slightly on the lower side within the category (fund of funds). Its expense ratio is 0.3% which is lower than the category average expense ratio of 1.29%
ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth Performance as on (31-Mar-23)
About the Fund
ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth is a hybrid fund. This fund was started on 8 April, 2013. The fund is managed by Manish Banthia, Ritesh Lunawat, Dharmesh Kakkad. This fund gives you the benefit of diversification.
Key parameters
1) ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth has a NAV of ₹50.3537 as on 31-03-2023.
2) ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth has ₹272 Cr worth of assets under management (AUM) as on 28-02-2023 and is less than category average.
3) The fund has an expense ratio 0.3 %.
ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth Overview
 | 0.3% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹272 Cr |
 | 8 April, 2013 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 86.49% |
Fund Distribution as on (28-Feb-23)
Sector Allocation
Financial Services
26.8%
Consumer Cyclical
12.1%
Energy
11.3%
Health
10.8%
Communication
9.1%
Tech
9%
Utilities
8.9%
Industrial
4.1%
Basic Materials
4.1%
Consumer Defensive
3.5%
Real Estate
0.4%
Top Holdings of ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth as on (31-Mar-23)
Debt Holdings7
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 ICICI Pru Floating Interest Dir Gr | 61.79% | 22.6% | |
ICICI Pru Value Discovery Dir Gr | 11.91% | 0% | |
ICICI Pru FMCG Dir Gr | 10.11% | 100% | |
ICICI Pru Equity & Debt Dir Gr | 9.6% | 0% | |
ICICI Pru Bond Dir Gr | 3.74% | 0% |
See all
ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.49% whereas the fund’s underlying benchmark Fund of Funds Index returns stands at -0.22% as on Feb'23
- This fund outperformed Fund of Funds Index by 0.72% in Feb'23
AUM Change
- AUM of the fund stands at 272.3 Cr as of Feb'23
- AUM decreased by 1.4 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top 3 Sectors in February were Government, Consumer Defensive & Corporate
Feb'23
Government
72%
Financial Services
27%
Corporate
18%
Jan'23
Government
69%
Consumer Defensive
34%
Corporate
18%
Peer Analysis
ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth Fund Manager
Manish Banthia
Fund Manager of ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth, since 16 June 2017
Top funds managed
Ritesh Lunawat
Fund Manager of ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth, since 29 December 2020
Top funds managed
Dharmesh Kakkad
Fund Manager of ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth, since 28 May 2018
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 9.01% since inception which is more than its category average return of 7.14%
Fund Allocations
This fund has an allocation of 18.43% in Equity, 71.58% in Debt and 10% in Cash related instruments
AUM size ₹272 Cr
This fund has AUM of ₹272 Cr which is less than its category average of ₹ 529 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.69%
Frequently Asked Questions
The current NAV of ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth is 49.99 as on 28-Mar-2023.
Existing (Absolute + CAGR)
ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.06% | -0.06% |
6 Month Returns | 5.03% | 5.03% |
1 Year Returns | 7.32% | 7.32% |
3 Years Returns | 46.51% | 13.58% |
5 Years Returns | 52.06% | 8.74% |
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.
0.3 as on March 2023
272 Cr as on March 2023
AAA | 89.23 |
AA | 10.7 |
A | 0.07 |
Manish Banthia,Dharmesh Kakkad,Ritesh Lunawat are the fund managers of ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth
The Exit load of ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth is 1%