Equity
Direct
Equity - Other
NAV as on 06-12-2024
₹ 37.51
▲0.1%
1D
Inception Returns
25%
/yr
ICICI Prudential India Opportunities Fund Direct Growth is an equity fund. This fund was started on 16 January, 2019. The fund is managed by Sankaran Naren. The fund could potentially beat inflation in the long-run.
ICICI Prudential India Opportunities Fund Direct Growth has given a CAGR return of 24.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 31.57%, 29.21% and 29.27% respectively.
ICICI Prudential India Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Basic Materials, Consumer Cyclical, Industrial, Consumer Defensive, Communication, Energy, Utilities, Tech. Its top holdings are HDFC Bank Ltd, Axis Bank Ltd, ICICI Bank Ltd, Sun Pharmaceuticals Industries Ltd, Maruti Suzuki India Ltd
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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
To generate long-term capital appreciation by investing in opportunities presented by special situations such as corporate restructuring, Government policy and/or regulatory changes, companies going through temporary unique challenges and other similar instances. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential India Opportunities Fund Direct Growth has no lock in period.
Expense ratio | 0.63% |
Benchmark | IISL Nifty 500 TR INR |
AUM | ₹24143 Cr |
Inception Date | 16 January, 2019 |
Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 49.38% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (06-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Health & Basic Materials
ICICI Prudential India Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.75% | 0.75% |
6 Month Returns | 12.17% | 12.17% |
1 Year Returns | 31.57% | 31.57% |
3 Years Returns | 115.7% | 29.21% |
5 Years Returns | 261.02% | 29.27% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential India Opportunities Fund Direct Growth | 7.07 | 11.06 | 7.42 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential India Opportunities Fund Direct Growth | 0.82 | 0.81 | 1.01 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential India Opportunities Fund Direct Growth | 2.01 | 1.6 | 1.04 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential India Opportunities Fund Direct Growth | 11.02 | 12.29 | 21.29 |