ICICI Prudential Nifty Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl
ICICI Prudential Nifty Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl
Equity
Direct
Index Funds
NAV: ₹ 11.2 as on 23-09-2022
Fund Performance
About the Fund
ICICI Prudential Nifty Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 2 March, 2022. The fund is managed by Kayzad Eghlim, Nishit Patel. The fund could potentially beat inflation in the long-run.
Key parameters
1) ICICI Prudential Nifty Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl has a NAV of ₹11.1935 as on 23-09-2022.
2) ICICI Prudential Nifty Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl has ₹67 Cr worth of assets under management (AUM) as on 31-07-2022 and is less than category average.
3) The fund has an expense ratio 0.2 %.
Fund Overview
Expense ratio | 0.2% |
Benchmark | IISL Nifty Bank TR INR |
AUM | ₹67 Cr |
Inception Date | 2 March, 2022 |
Min Lumpsum/SIP | ₹0/₹0 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 11.68% |
Fund Distribution
Size breakup
Large cap
92.4%
Mid cap
6.4%
Sector Allocation
Financial Services
100%
Top Holdings
Total Holdings12
Equity Holdings12
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
HDFC Bank Ltd | 25.39% | -0.1% | |
ICICI Bank Ltd | 24.04% | -0.1% | |
Axis Bank Ltd | 11.42% | -0.1% | |
State Bank of India | 11.15% | -0.1% | |
Kotak Mahindra Bank Ltd | 10.96% | -0.1% |
See all
What changed
in last one month
AUM increased by 4.2 Cr in last 1M
Aug'22 return outperformed benchmark
Change in AUM
Aug'22
₹ 66.8 Cr
Jul'22
₹ 62.7 Cr
Jun'22
₹ 61.9 Cr
Fund Returns vs Benchmark
Aug'22
12.20%
8.93%
Jul'22
12.20%
8.93%
Jun'22
-5.78%
-4.49%
Fund Return
Benchmark Return
Concentration Analysis
Winners & Losers (Aug-22)
Top Growth Drivers | 1M Return |
|---|---|
ICICI Bank Ltd | 16.3% |
State Bank of India | 13.2% |
HDFC Bank Ltd | 5.9% |
Top Losers | 1M Return |
|---|---|
AU Small Finance Bank Ltd | 2.3% |
Bandhan Bank Ltd | 4.3% |
Punjab National Bank | 6.5% |
Peer Analysis
Fund Manager
Kayzad Eghlim
Managing this fund since 2 March 2022
Top funds managed
Nishit Patel
Managing this fund since 2 March 2022
Top funds managed
AMC details
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Email
Phone
+912226428000
Fund House
ICICI Prudential Asset Management Company Limited
Fund Highlights
About the fund
This fund has delivered an average annual returns of 11.94% since inception which is more than its category average return of 8.49%
Fund Allocations
This fund has an allocation of 98.79% in Equity, 0% in Debt and 1.21% in Cash related instruments
AUM size ₹67 Cr
This fund has AUM of ₹67 Cr which is less than its category average of ₹ 469 Cr
Expense Ratio 0.2%
This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.54%
Very High Risk
Investors understand that their principal will be at Very High Risk
Frequently Asked Questions
The current NAV of ICICI Prudential Nifty Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl is 11.19.
Existing (Absolute + CAGR)
ICICI Prudential Nifty Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 2.03% | 2.03% |
6 Month Returns | 9.95% | 9.95% |
1 Year Returns | 0% | 0% |
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.
0.2 as on August 2022
67 Cr as on August 2022
HDFC Bank Ltd(25.39%),ICICI Bank Ltd(24.04%),Axis Bank Ltd(11.42%),State Bank of India(11.15%),Kotak Mahindra Bank Ltd(10.96%) as on August 2022
The alpha ratio for the ICICI Prudential Nifty Bank 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 Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on month end.
The alpha for ICICI Prudential Nifty Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against IISL Nifty Bank TR INR. 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 Bank 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 Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on month end.
The Beta for ICICI Prudential Nifty Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with IISL Nifty Bank TR INR. 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 Bank 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 Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on month end.
The sharpe ratio for ICICI Prudential Nifty Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with IISL Nifty Bank TR INR. 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 Bank 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 Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl | - | - | - |
As on month end.
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.
Kayzad Eghlim,Nishit Patel are the fund managers of ICICI Prudential Nifty Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of ICICI Prudential Nifty Bank Index Fund Direct Payout Inc Dist cum Cap Wdrl is 0%