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

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

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
Expense ratio
0.2%
Benchmark
Benchmark
IISL Nifty Bank TR INR
AUM
AUM
₹67 Cr
Inception Date
Inception Date
2 March, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹0/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
11.68%

Fund Distribution

  • Equity 98.8%
  • Debt & Cash 1.2%
Size breakup
Large cap
92.4%
Mid cap
6.4%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

100%

Top Holdings

  • All
  • Equity
Total Holdings12
Equity Holdings12

What changed

in last one month
  • Scheme
  • Portfolio
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

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
12
12
12
Top 5 Company Concentration
83%
84.5%
85.3%
Company having highest exposure
HDFC Bank Ltd (25.4%)
HDFC Bank Ltd (26.2%)
HDFC Bank Ltd (27.6%)
No of Sectors
2
2
2
Top 5 Sectors Concentration
100%
100%
100%
Sector having highest exposure
Financial Services (98.8%)
Financial Services (99.8%)
Financial Services (99.9%)

Fund Manager

Kayzad Eghlim

Kayzad Eghlim

Managing this fund since 2 March 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ICICI Prudential Nifty 50 Index Plan Direct Growth
15.33%
--
ICICI Prudential Equity Savings Fund Direct Growth
7.95%
8.63%
ICICI Prudential Equity Arbitrage Fund Direct Plan Growth
4.59%
3.77%
Nishit Patel

Nishit Patel

Managing this fund since 2 March 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Growth
16.18%
--
ICICI Prudential Nifty 50 Index Plan Direct Growth
15.33%
--
ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth
9.12%
8.08%

AMC details

Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Fund House
ICICI Prudential Asset Management Company Limited

Fund Highlights

About the fund

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

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

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%

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%
meter
pointer

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.
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  • 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%