ICICI Prudential Nifty IT Index Fund Direct Payout Inc Dist cum Cap Wdrl
ICICI Prudential Nifty IT Index Fund Direct Payout Inc Dist cum Cap Wdrl

ICICI Prudential Nifty IT Index Fund Direct Payout Inc Dist cum Cap Wdrl

Equity
Direct
Index Funds

NAV: ₹ 9 as on 30-09-2022

Fund Performance
About the Fund

ICICI Prudential Nifty IT Index Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on  18 August, 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 IT Index Fund Direct Payout Inc Dist cum Cap Wdrl has a NAV of 8.9966 as on 30-09-2022.

2) ICICI Prudential Nifty IT Index Fund Direct Payout Inc Dist cum Cap Wdrl has 15 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 0.35 %.

Fund Overview

Expense ratio
Expense ratio
0.35%
Benchmark
Benchmark
Nifty IT TR INR
AUM
AUM
₹15 Cr
Inception Date
Inception Date
18 August, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹0/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Fund Distribution

  • Equity 98.5%
  • Debt & Cash 1.5%
Size breakup
Large cap
92.9%
Mid cap
5.6%

Sector Allocation

Aug'22

Jul'22

Tech

100%

Concentration Analysis

Fund
Aug'22
No of Holdings
10
Top 5 Company Concentration
78.4%
Company having highest exposure
Infosys Ltd (26.3%)
No of Sectors
2
Top 5 Sectors Concentration
100%
Sector having highest exposure
Tech (98.5%)

Fund Manager

Kayzad Eghlim

Kayzad Eghlim

Managing this fund since 18 August 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ICICI Prudential Equity Arbitrage Fund Direct Plan Growth
4.64%
3.85%
ICICI Prudential Equity Savings Fund Direct Growth
7.94%
8.45%
ICICI Prudential Nifty 50 Index Plan Direct Growth
14.47%
--
Nishit Patel

Nishit Patel

Managing this fund since 18 August 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth
8.95%
7.98%
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Growth
14.95%
--
ICICI Prudential Nifty 50 Index Plan Direct Growth
14.47%
--

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

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pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 98.49% in Equity, 0% in Debt and 1.51% in Cash related instruments
AUM size ₹15 Cr

AUM size ₹15 Cr

This fund has AUM of ₹15 Cr which is less than its category average of ₹ 469 Cr
Expense Ratio 0.35%

Expense Ratio 0.35%

This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of ICICI Prudential Nifty IT Index Fund Direct Payout Inc Dist cum Cap Wdrl is 9.03.
Existing (Absolute + CAGR)
ICICI Prudential Nifty IT Index Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-5.56%
-5.56%
6 Month Returns
0%
0%
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.
0.35 as on August 2022
15 Cr as on August 2022
Infosys Ltd(26.27%),Tata Consultancy Services Ltd(25.14%),Tech Mahindra Ltd(9.64%),Wipro Ltd(8.78%),HCL Technologies Ltd(8.53%) as on August 2022
The alpha ratio for the ICICI Prudential Nifty IT 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 IT Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on month end.
The alpha for ICICI Prudential Nifty IT Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated against Nifty IT 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 IT 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 IT Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on month end.
The Beta for ICICI Prudential Nifty IT Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with Nifty IT 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 IT 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 IT Index Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on month end.
The sharpe ratio for ICICI Prudential Nifty IT Index Fund Direct Payout Inc Dist cum Cap Wdrl is calculated with Nifty IT 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 IT 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 IT 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 IT Index Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of ICICI Prudential Nifty IT Index Fund Direct Payout Inc Dist cum Cap Wdrl is 0%