ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth
ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth

ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth

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Hybrid
Direct
Fund Of Funds

NAV: ₹ 50.4 as on 31-03-2023

Fund Performance
zero opening, trading, fund transfer fee
20 people have invested ₹ 1.3L in mutual fund in the last three months

Fund Insights

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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%

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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

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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

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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)

Return
1M
3M
6M
1Y
3Y
5Y
ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth
0.7%
1.4%
5%
7.6%
13.7%
8.9%
Fund of Funds Index
-
-
-
-
-
-

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

Expense ratio
Expense ratio
0.3%
Benchmark
Benchmark
CRISIL Composite Bond Fund TR INR
AUM
AUM
₹272 Cr
Inception Date
Inception Date
8 April, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
86.49%

Fund Distribution as on (28-Feb-23)

  • Equity 18.4%

  • Debt & Cash 81.6%

Sector Allocation

Feb'23

Jan'23

Dec'22

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 & Cash

Debt Holdings7
Holdings
Weight%
Holdings Trend
1M Change
ICICI Pru Floating Interest Dir Gr
ICICI Pru Floating Interest Dir Gr
61.79%
22.6%
ICICI Pru Value Discovery Dir Gr
ICICI Pru Value Discovery Dir Gr
11.91%
0%
ICICI Pru FMCG Dir Gr
ICICI Pru FMCG Dir Gr
10.11%
100%
ICICI Pru Equity & Debt Dir Gr
ICICI Pru Equity & Debt Dir Gr
9.6%
0%
ICICI Pru Bond Dir Gr
ICICI Pru Bond Dir Gr
3.74%
0%

ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth: Monthly Changes Updates

All changes are between Dec'22 and Feb'23

Fund Performance

Feb'23
Jan'23
Dec'22
Fund Returns
0.49%
0.25%
-0.08%
Fund of Funds Index
-0.22%
-2.26%
-2.01%
  • 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

Parameters
Feb'23
Jan'23
Dec'22
AUM
₹ 272.3 Cr
₹ 273.7 Cr
₹ 273.6 Cr
  • 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%

ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth Fund Manager

Manish Banthia

Manish Banthia

Fund Manager of ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth, since 16 June 2017
Ritesh Lunawat

Ritesh Lunawat

Fund Manager of ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth, since 29 December 2020
Dharmesh Kakkad

Dharmesh Kakkad

Fund Manager of ICICI Prudential Income Optimizer Fund(FOF) Direct Plan Growth, since 28 May 2018

Fund Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

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

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

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%

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.
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  • 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%