ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Equity
Direct
Global - Other
ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl

About the Fund

ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 18 October, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹1250 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 14.80% since inception. Over the last 1 year the fund has given a CAGR return of 34.75%.

Holdings

ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Health, Consumer Defensive, Industrial, Basic Materials, Utilities, Energy, Financial Services, Real Estate. Its top holdings are Microsoft Corp, Apple Inc, NVIDIA Corp, Amazon.com Inc, Meta Platforms Inc Class A

Taxation

As it is a global - 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl

The objective of the Scheme is to invest in companies whose securities are included in NASDAQ-100 Index® and subject to tracking errors, to endeavor to achieve the returns of the above index. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
29 people have invested ₹ 3.3L in ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.52%
Benchmark
NASDAQ 100 TR USD
AUM₹1250 Cr
Inception Date18 October, 2021
Min Lumpsum/SIP₹1000/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
15.18%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 99.9%

  • Debt & Cash 0.1%

Large cap
89.4%

Mid cap
9.8%

Sector Allocation

May'24

Apr'24

Mar'24

Tech
50.6%
Communication
15.9%
Consumer Cyclical
12.3%
Health
6.4%
Consumer Defensive
6.4%
Industrial
4.5%
Basic Materials
1.5%
Utilities
1.3%
Energy
0.5%
Financial Services
0.5%
Real Estate
0.2%

as on (31-May-24)

  • Equity

Holdings
Weight%
1M Change
Microsoft Corp
Microsoft Corp
8.5%
2.5%
Apple Inc
Apple Inc
8.18%
2.5%
NVIDIA Corp
NVIDIA Corp
7.55%
2.5%
Amazon.com Inc
Amazon.com Inc
5.05%
2.5%
Meta Platforms Inc Class A
Meta Platforms Inc Class A
4.5%
2.5%

ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist 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 14.8% since inception which is more than its category average return of 8.25%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.88% in Equity, 0% in Debt and 0.12% in Cash related instruments
AUM size ₹1250 Cr

AUM size ₹1250 Cr

This fund has AUM of ₹1250 Cr which is more than its category average of ₹ 504 Cr
Expense Ratio 0.52%

Expense Ratio 0.52%

This fund has an expense ratio of 0.52% which is less than its category average expense ratio of 1.43%

Frequently Asked Questions

The current NAV of ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹14.45 as on 18-Jun-2024.
Existing (Absolute + CAGR) as on 18-Jun-2024.
ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
7.35%
7.35%
6 Month Returns
19.65%
19.65%
1 Year Returns
34.75%
34.75%
3 Years Returns
0%
0%
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.
0.52% as on May 2024
₹1250 Cr as on May 2024
Microsoft Corp(8.5%), Apple Inc(8.18%), NVIDIA Corp(7.55%), Amazon.com Inc(5.05%), Meta Platforms Inc Class A(4.5%) as on May 2024
Tech(50.58%), Communication(15.86%), Consumer Cyclical(12.24%) as on May 2024
The alpha ratio for the ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
-0.5
-
-
As on May 2024
The alpha for ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated against NASDAQ 100 TR USD. 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 NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
0.98
-
-
As on May 2024
The Beta for ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated with NASDAQ 100 TR USD. 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 NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
1.35
-
-
As on May 2024
The sharpe ratio for ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated with NASDAQ 100 TR USD. 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 NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
16.13
-
-
As on May 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.
The Exit load of ICICI Prudential NASDAQ 100 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 0%