ICICI Prudential India Equity FOF Direct Payout of Income Distribution cum Cap wdrl

Hybrid
Direct
Fund Of Funds
ICICI Prudential India Equity FOF Direct Payout of Income Distribution cum Cap wdrl

About the Fund

ICICI Prudential India Equity FOF Direct Payout of Income Distribution cum Cap wdrl is a hybrid fund. This fund was started on 26 February, 2020. The fund is managed by Dharmesh Kakkad. This fund gives you the benefit of diversification.

Key Parameters

  1. ICICI Prudential India Equity FOF Direct Payout of Income Distribution cum Cap wdrl has ₹113 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 1.4.

Returns

ICICI Prudential India Equity FOF Direct Payout of Income Distribution cum Cap wdrl has given a CAGR return of 25.90% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 39.46% and 20.99% respectively.

Holdings

ICICI Prudential India Equity FOF Direct Payout of Income Distribution cum Cap wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Industrial, Tech, Consumer Cyclical, Energy, Utilities, Communication, Basic Materials, Consumer Defensive, Securitize, Real Estate, Government, Corporate.

Taxation

As it is a fund of funds mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of ICICI Prudential India Equity FOF Direct Payout of Income Distribution cum Cap wdrl

The primary objective of the Scheme is to generate returns from predominantly investing in one or more mutual fund schemes /ETFs (managed by ICICI Prudential Mutual Fund or any other Mutual Fund (s)) which invest in equity and equity related securities. 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 500.00 and for SIP is INR 0.00. ICICI Prudential India Equity FOF Direct Payout of Income Distribution cum Cap wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio1.36%
Benchmark
BSE 500 TR INR
AUM₹113 Cr
Inception Date26 February, 2020
Min Lumpsum/SIP--/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
22.36%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-Dec-69)

  • Equity 92.6%

  • Debt & Cash 6%

Large cap
68.5%

Mid cap
16.2%

Small cap
7.8%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
25.4%
Health
14.1%
Industrial
11.2%
Tech
10.4%
Consumer Cyclical
9.8%
Energy
8.1%
Utilities
7.5%
Communication
5.2%
Basic Materials
4.8%
Consumer Defensive
2.2%
Real Estate
1.3%
All changes are between Oct'69 and Dec'69

Dharmesh Kakkad
Dharmesh Kakkad
Fund Manager of ICICI Prudential India Equity FOF Direct Payout of Income Distribution cum Cap wdrl, since 26 February 2020

ICICI Prudential India Equity FOF Direct Payout of Income Distribution cum Cap wdrl 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 25.9% since inception which is more than its category average return of 12.34%
Fund Allocations

Fund Allocations

This fund has an allocation of 92.64% in Equity, 0.13% in Debt and 5.85% in Cash related instruments
AUM size ₹113 Cr

AUM size ₹113 Cr

This fund has AUM of ₹113 Cr which is less than its category average of ₹ 665 Cr
Expense Ratio 1.36%

Expense Ratio 1.36%

This fund has an expense ratio of 1.36% which is more than its category average expense ratio of 0.79%

Frequently Asked Questions

The current NAV of ICICI Prudential India Equity FOF Direct Payout of Income Distribution cum Cap wdrl is ₹22.63 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
ICICI Prudential India Equity FOF Direct Payout of Income Distribution cum Cap wdrl
Absolute Returns
CAGR Returns
1 Month Returns
6.56%
6.56%
6 Month Returns
13.35%
13.35%
1 Year Returns
39.46%
39.46%
3 Years Returns
77.13%
20.99%
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.
1.36% as on May 2024
₹113 Cr as on May 2024
Invesco India Contra Dir Gr(11.32%), ICICI Prudential Nifty Infra ETF(10.8%), Quantum L/T Equity Value Dir Gr(10.32%), ICICI Pru Business Cycle Dir Gr(9.72%), ICICI Pru Pharma Healthcare Diag Dir Gr(9.2%) as on May 2024
Financial Services(23.55%), Health(13.06%), Industrial(10.38%) as on May 2024
AAA
100
Dharmesh Kakkad is the fund manager of ICICI Prudential India Equity FOF Direct Payout of Income Distribution cum Cap wdrl
The Exit load of ICICI Prudential India Equity FOF Direct Payout of Income Distribution cum Cap wdrl is 1%