ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl

ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl

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NAV: ₹ 12.6 as on 27-09-2023

Fund Performance

About the Fund

ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 5 August, 2022. The fund is managed by Nishit Patel. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl has ₹40 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
  2. The fund has an expense ratio 0.3.

ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl Overview

Expense ratio
Expense ratio
0.34%
Benchmark
Benchmark
Nifty200 Momentum 30
AUM
AUM
₹40 Cr
Inception Date
Inception Date
5 August, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹0/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
54.58%

Fund Distribution as on (31-Aug-23)

  • Equity 99.9%

  • Debt & Cash 0.1%

Size breakup

Large cap
58.6%
Mid cap
41.2%

Sector Allocation

Aug'23

Jul'23

Jun'23

Financial Services

31.2%

Industrial

28.8%

Consumer Cyclical

20.1%

Consumer Defensive

9.1%

Health

7.7%

Basic Materials

3%

Top Holdings of ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl as on (31-Aug-23)

  • Equity

Equity Holdings30

ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl: Monthly Changes Updates

All changes are between Jun'23 and Aug'23

Fund Performance

Aug'23
Jul'23
Jun'23
Fund Returns
-0.25%
4.52%
3.99%
Nifty200 Momentum 30
-2.43%
2.23%
3.79%
  • This fund’s returns stands at -0.25% whereas the fund’s underlying benchmark Nifty200 Momentum 30 returns stands at -2.43% as on Aug'23
  • This fund outperformed Nifty200 Momentum 30 by 2.18% in Aug'23

AUM Change

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 39.9 Cr
₹ 35.8 Cr
₹ 33.2 Cr
  • AUM of the fund stands at 39.9 Cr as of Aug'23
  • AUM increased by 4.1 Cr between Aug'23 and Jul'23

Fund Portfolio Changes

Gainers & Losers in ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl portfolio Returns for the month of Aug

ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl Fund Manager

Nishit Patel

Nishit Patel

Fund Manager of ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl, since 9 August 2022

Fund 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 22.53% since inception which is more than its category average return of 14.51%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.86% in Equity, 0% in Debt and 0.14% in Cash related instruments
AUM size ₹40 Cr

AUM size ₹40 Cr

This fund has AUM of ₹40 Cr which is less than its category average of ₹ 554 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl is ₹12.62 as on 27-Sep-2023.
Existing (Absolute + CAGR) as on 27-Sep-2023.
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.43%
5.43%
6 Month Returns
29.91%
29.91%
1 Year Returns
22.65%
22.65%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.34% as on August 2023
₹40 Cr as on August 2023
TVS Motor Co Ltd(5.07%), Indian Hotels Co Ltd(4.93%), Cholamandalam Investment and Finance Co Ltd(4.84%), Bajaj Auto Ltd(4.8%), Axis Bank Ltd(4.71%) as on August 2023
Financial Services(31.18%), Industrial(28.78%), Consumer Cyclical(20.09%) as on August 2023
The alpha ratio for the ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl
-0.91
-
-
As on August 2023
The alpha for ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against Nifty200 Momentum 30. 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 Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl
1
-
-
As on August 2023
The Beta for ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with Nifty200 Momentum 30. 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 Nifty 200 Momentum 30 Index Fund Direct Payout 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 Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl
0.57
-
-
As on August 2023
The sharpe ratio for ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with Nifty200 Momentum 30. 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 Nifty 200 Momentum 30 Index Fund Direct Payout 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 Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl
13.47
-
-
As on August 2023
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.
Nishit Patel is the fund manager of ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl is 0%