ICICI Prudential Nifty Alpha Low-Volatility 30 ETF FOF Direct Reinvestment Inc Dist cum Cap Wdrl

Hybrid
Direct
Fund Of Funds
ICICI Prudential Nifty Alpha Low-Volatility 30 ETF FOF Direct Reinvestment Inc Dist cum Cap Wdrl

About the Fund

ICICI Prudential Nifty Alpha Low-Volatility 30 ETF FOF Direct Reinvestment Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 20 September, 2021. The fund is managed by Nishit Patel. This fund gives you the benefit of diversification.

Key Parameters

  1. ICICI Prudential Nifty Alpha Low-Volatility 30 ETF FOF Direct Reinvestment Inc Dist cum Cap Wdrl has ₹468 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

ICICI Prudential Nifty Alpha Low-Volatility 30 ETF FOF Direct Reinvestment Inc Dist cum Cap Wdrl has given a CAGR return of 17.19% since inception. Over the last 1 year the fund has given a CAGR return of 46.88%.

Holdings

ICICI Prudential Nifty Alpha Low-Volatility 30 ETF FOF Direct Reinvestment Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Health, Energy, Industrial, Financial Services, Basic Materials, Communication, Utilities.

Taxation

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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of ICICI Prudential Nifty Alpha Low-Volatility 30 ETF FOF Direct Reinvestment Inc Dist cum Cap Wdrl

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 and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. ICICI Prudential Nifty Alpha Low-Volatility 30 ETF FOF Direct Reinvestment Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.52%
Benchmark
Nifty Alpha Low-Volatility 30 TR INR
AUM₹468 Cr
Inception Date20 September, 2021
Min Lumpsum/SIP₹1000/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
5.13%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 0%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
100%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Icici Prudential M
Icici Prudential M
99.96%
0%

Nishit Patel
Nishit Patel
Fund Manager of ICICI Prudential Nifty Alpha Low-Volatility 30 ETF FOF Direct Reinvestment Inc Dist cum Cap Wdrl, since 20 September 2021

ICICI Prudential Nifty Alpha Low-Volatility 30 ETF FOF 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 17.19% since inception which is more than its category average return of 12.3%
AUM size ₹468 Cr

AUM size ₹468 Cr

This fund has AUM of ₹468 Cr which is less than its category average of ₹ 665 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 0.82%

Frequently Asked Questions

The current NAV of ICICI Prudential Nifty Alpha Low-Volatility 30 ETF FOF Direct Reinvestment Inc Dist cum Cap Wdrl is ₹15.47 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
ICICI Prudential Nifty Alpha Low-Volatility 30 ETF FOF Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
2.17%
2.17%
6 Month Returns
22.21%
22.21%
1 Year Returns
46.88%
46.88%
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
₹468 Cr as on May 2024
Cash Equivalent(100%), Consumer Cyclical(0%), Consumer Defensive(0%) as on May 2024
Nishit Patel is the fund manager of ICICI Prudential Nifty Alpha Low-Volatility 30 ETF FOF Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of ICICI Prudential Nifty Alpha Low-Volatility 30 ETF FOF Direct Reinvestment Inc Dist cum Cap Wdrl is 0%