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

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

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 ₹265 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 40.70% since inception. Over the last 1 year the fund has given a CAGR return of 66.93%.

Holdings

ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Financial Services, Utilities, Communication, Energy, Basic Materials, Tech, Health, Real Estate. Its top holdings are NTPC Ltd, Tata Motors Ltd, Trent Ltd, Bharti Airtel Ltd, Adani Ports & Special Economic Zone Ltd

Taxation

As it is a index funds 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 Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl

The objective of the Scheme is to invest in companies whose securities are included in Nifty200 Momentum 30 Index and subject to tracking errors, to endeavor to achieve the returns of the above index as closely as possible. This would be done by investing in all the stocks comprising the Nifty200 Momentum 30 Index in the same weightage that they represent in Nifty200 Momentum 30 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 0.00 and for SIP is INR 0.00. ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
8 people have invested ₹ 37K in ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.36%
Benchmark
Nifty200 Momentum 30
AUM₹265 Cr
Inception Date5 August, 2022
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
54.58%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 99.3%

  • Debt & Cash 0.7%

Large cap
73.6%

Mid cap
25.7%

Sector Allocation

Jun'24

May'24

Apr'24

Consumer Cyclical
27.2%
Industrial
23.6%
Health
16.1%
Financial Services
12.9%
Energy
5.3%
Real Estate
4.6%
Utilities
4.5%
Basic Materials
2.8%
Consumer Defensive
2.6%
Communication
0.4%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

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

ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout 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 40.7% since inception which is more than its category average return of 23.58%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.34% in Equity, 0% in Debt and 0.66% in Cash related instruments
AUM size ₹265 Cr

AUM size ₹265 Cr

This fund has AUM of ₹265 Cr which is less than its category average of ₹ 801 Cr
Expense Ratio 0.36%

Expense Ratio 0.36%

This fund has an expense ratio of 0.36% 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 ₹19.47 as on 18-Jul-2024.
Existing (Absolute + CAGR) as on 18-Jul-2024.
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-1.43%
-1.43%
6 Month Returns
29.55%
29.55%
1 Year Returns
66.93%
66.93%
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.
0.36% as on June 2024
₹265 Cr as on June 2024
NTPC Ltd(5.16%), Tata Motors Ltd(5.1%), Trent Ltd(5.05%), Bharti Airtel Ltd(5.03%), Adani Ports & Special Economic Zone Ltd(5%) as on June 2024
Consumer Cyclical(28.63%), Industrial(28.47%), Financial Services(9.92%) as on June 2024
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
-0.51
-
-
As on June 2024
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
0.99
-
-
As on June 2024
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
3.29
-
-
As on June 2024
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
13.84
-
-
As on June 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.
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%