ICICI Prudential Manufacturing Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 33.31 as on 24-04-2024
Fund Performance
1608 people have invested ₹ 2.8Cr in ICICI Prudential Manufacturing Fund Direct Growth in the last three months
Mutual Fund Insights
In the last 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 47.24% return, outperforming this fund by 14.34% per annum.
In the last 5 years, Invesco India PSU Equity Fund Direct Plan Growth has given 29% return, outperforming this fund by 3.4% per annum.
Over the last 1 month, this fund has decreased expense ratio by 33.7% moving from 0.92 to 0.61.
This fund expense ratio is slightly on the lower side within the category (equity - other). Its expense ratio is 0.61% which is lower than the category average expense ratio of 1.13%.
Over the last 3 months, this fund has experienced a 47.2% growth in AUM moving from 2.29K Cr to 3.37K Cr.
In the last 1 year, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 97.39% return, outperforming this fund by 29.48%.
INDmoney Rank of ICICI Prudential Manufacturing Fund Direct Growth
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IND ranking is not available for this fund.
Pros
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
About the ICICI Prudential Manufacturing Fund Direct Growth
ICICI Prudential Manufacturing Fund Direct Growth is an equity fund. This fund was started on 12 October, 2018. The fund is managed by Anish Tawakley. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Manufacturing Fund Direct Growth has ₹3373 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.6.
ICICI Prudential Manufacturing Fund Direct Growth Overview
 | 0.61% |
 Benchmark | Nifty India Manufacturing TR INR |
 | ₹3373 Cr |
 | 12 October, 2018 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 56.51% |
ICICI Prudential Manufacturing Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
53.7%
Mid cap
30.2%
Small cap
8%
Sector Allocation
Industrial
24.8%
Basic Materials
24.6%
Consumer Cyclical
23.8%
Health
14.4%
Energy
9%
Utilities
2.2%
Consumer Defensive
1.3%
Top Holdings of ICICI Prudential Manufacturing Fund Direct Growth as on (31-Mar-24)
Equity Holdings71
ICICI Prudential Manufacturing Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 3.20% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 3.67% in Mar'24
AUM Change
- AUM of the fund stands at 3.4K Cr as of Mar'24
- AUM increased by 307.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in ICICI Prudential Manufacturing Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Siemens Ltd | 19.9% |
 Cummins India Ltd | 14.4% |
 Maruti Suzuki India Ltd | 7.7% |
Peer Analysis
ICICI Prudential Manufacturing Fund Direct Growth Fund Manager
Anish Tawakley
Fund Manager of ICICI Prudential Manufacturing Fund Direct Growth, since 6 October 2018
Top funds managed
ICICI Prudential Manufacturing Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 23.94% since inception which is more than its category average return of 22.61%
Fund Allocations
This fund has an allocation of 91.84% in Equity, 0% in Debt and 8.16% in Cash related instruments
AUM size ₹3373 Cr
This fund has AUM of ₹3373 Cr which is more than its category average of ₹ 1778 Cr
Expense Ratio 0.61%
This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of ICICI Prudential Manufacturing Fund Direct Growth is ₹33.31 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
ICICI Prudential Manufacturing Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.72% | 3.72% |
6 Month Returns | 36.5% | 36.5% |
1 Year Returns | 67.91% | 67.91% |
3 Years Returns | 134.74% | 32.9% |
5 Years Returns | 212.54% | 25.6% |
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0.61% as on March 2024
₹3373 Cr as on March 2024
Larsen & Toubro Ltd(6.69%), Maruti Suzuki India Ltd(6.64%), UltraTech Cement Ltd(6.03%), Sun Pharmaceuticals Industries Ltd(4.53%), Reliance Industries Ltd(4.14%) as on March 2024
Industrial(22.74%), Basic Materials(22.57%), Consumer Cyclical(21.81%) as on March 2024
The alpha ratio for the ICICI Prudential Manufacturing Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Manufacturing Fund Direct Growth | 12.78 | 6.31 | 4.24 |
As on March 2024
The alpha for ICICI Prudential Manufacturing Fund Direct Growth is calculated against Nifty India Manufacturing 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 Manufacturing Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Manufacturing Fund Direct Growth | 0.88 | 0.89 | 0.92 |
As on March 2024
The Beta for ICICI Prudential Manufacturing Fund Direct Growth is calculated with Nifty India Manufacturing 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 Manufacturing 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 Manufacturing Fund Direct Growth | 4.07 | 1.76 | 0.97 |
As on March 2024
The sharpe ratio for ICICI Prudential Manufacturing Fund Direct Growth is calculated with Nifty India Manufacturing 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 Manufacturing 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 Manufacturing Fund Direct Growth | 11.49 | 13.02 | 20.03 |
As on March 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.
Sortino ratio is 3.75 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.21 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Anish Tawakley is the fund manager of ICICI Prudential Manufacturing Fund Direct Growth
The Exit load of ICICI Prudential Manufacturing Fund Direct Growth is 1%