ICICI Prudential MNC Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 26.69 as on 16-04-2024
Fund Performance
568 people have invested ₹ 40.7L in ICICI Prudential MNC Fund Direct Growth in the last three months
About the ICICI Prudential MNC Fund Direct Growth
ICICI Prudential MNC Fund Direct Growth is an equity fund. This fund was started on 18 June, 2019. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential MNC Fund Direct Growth has ₹1589 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.1.
ICICI Prudential MNC Fund Direct Growth Overview
 | 1.05% |
 Benchmark | IISL Nifty MNC TR INR |
 | ₹1589 Cr |
 | 18 June, 2019 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 84.36% |
ICICI Prudential MNC Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
41.1%
Mid cap
30.5%
Small cap
17.6%
Sector Allocation
Health
24.3%
Consumer Cyclical
23.9%
Consumer Defensive
19.5%
Industrial
17%
Communication
6.6%
Basic Materials
3.9%
Tech
3.1%
Financial Services
1.7%
Top Holdings of ICICI Prudential MNC Fund Direct Growth as on (31-Mar-24)
Equity Holdings51
Debt Holdings3
ICICI Prudential MNC Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.45% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 1.91% in Mar'24
AUM Change
- AUM of the fund stands at 1.6K Cr as of Mar'24
- AUM increased by 11.4 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in ICICI Prudential MNC Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Siemens Ltd | 19.9% |
 Maruti Suzuki India Ltd | 7.7% |
 Bharti Airtel Ltd | 4.9% |
Peer Analysis
ICICI Prudential MNC 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 22.51% since inception which is more than its category average return of 22.12%
Fund Allocations
This fund has an allocation of 89.22% in Equity, 0% in Debt and 10.78% in Cash related instruments
AUM size ₹1589 Cr
This fund has AUM of ₹1589 Cr which is less than its category average of ₹ 1777 Cr
Expense Ratio 1.05%
This fund has an expense ratio of 1.05% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of ICICI Prudential MNC Fund Direct Growth is ₹26.69 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
ICICI Prudential MNC Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.77% | 2.77% |
6 Month Returns | 10.15% | 10.15% |
1 Year Returns | 33.85% | 33.85% |
3 Years Returns | 70.98% | 19.58% |
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.
1.05% as on March 2024
₹1589 Cr as on March 2024
Maruti Suzuki India Ltd(7.94%), Hindustan Unilever Ltd(6.35%), Sun Pharmaceuticals Industries Ltd(5.67%), Siemens Ltd(4.95%), Dabur India Ltd(3.23%) as on March 2024
Health(21.66%), Consumer Cyclical(21.31%), Consumer Defensive(17.37%) as on March 2024
The alpha ratio for the ICICI Prudential MNC Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential MNC Fund Direct Growth | 8.91 | 4.62 | - |
As on March 2024
The alpha for ICICI Prudential MNC Fund Direct Growth is calculated against IISL Nifty MNC 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 MNC Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential MNC Fund Direct Growth | 0.61 | 0.73 | - |
As on March 2024
The Beta for ICICI Prudential MNC Fund Direct Growth is calculated with IISL Nifty MNC 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 MNC 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 MNC Fund Direct Growth | 2.75 | 1.35 | - |
As on March 2024
The sharpe ratio for ICICI Prudential MNC Fund Direct Growth is calculated with IISL Nifty MNC 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 MNC 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 MNC Fund Direct Growth | 8.83 | 10.02 | - |
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 2.55 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.26 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of ICICI Prudential MNC Fund Direct Growth is 1%