Hybrid
Direct
Fund Of Funds
NAV as on 04-12-2024
₹ 17.95
1D
Inception Returns
17.2%
/yr
ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Fund Direct Growth is a hybrid fund. This fund was started on 12 April, 2021. The fund is managed by Nishit Patel. This fund gives you the benefit of diversification.
ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Fund Direct Growth has given a CAGR return of 17.17% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 21.18% and 15.35% respectively.
ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Defensive, Health, Financial Services, Consumer Cyclical, Tech, Basic Materials, Energy, Communication, Industrial.
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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The fund is a Fund of Funds scheme with the primary objective to generate returns by investing in units of the fund. There can be no assurance or guarantee that the investment objectives of the Scheme would be achieved.
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Fund Direct Growth has no lock in period.
Expense ratio | 0.14% |
Benchmark | Nifty 100 Low Volatility 30 TR INR |
AUM | ₹1342 Cr |
Inception Date | 12 April, 2021 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 6.06% |
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 (04-Dec-24)
as on (31-Dec-69)
Top 3 Sectors in October were Consumer Defensive, Health & Financial Services
ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.08% | -0.08% |
6 Month Returns | 6.34% | 6.34% |
1 Year Returns | 21.18% | 21.18% |
3 Years Returns | 53.5% | 15.35% |
5 Years Returns | 0% | 0% |