ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth

ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth

ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth

ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth

Equity
Direct
Index Funds

NAV: ₹ 10.5 as on 23-09-2022

Fund Performance
About the Fund

ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth is an equity fund. This fund was started on  22 December, 2021. 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 Midcap 150 Index Fund Direct Growth has a NAV of 10.5177 as on 23-09-2022.

2) ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth has 72 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 Midcap 150 TR INR
AUM
AUM
₹72 Cr
Inception Date
Inception Date
22 December, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
26.4%

Fund Distribution

  • Equity 98.4%
  • Debt & Cash 1.6%
Size breakup
Mid cap
81.4%
Large cap
11.9%
Small cap
5.1%

Sector Allocation

Aug'22

Jul'22

Jun'22

Industrial

18.2%

Consumer Cyclical

17.5%

Financial Services

16.8%

Basic Materials

11.7%

Utilities

8.9%

Health

8.9%

Tech

6.4%

Communication

3.7%

Real Estate

3.1%

Consumer Defensive

2.8%

Energy

2.1%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings152
Equity Holdings150
Debt Holdings2

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 10.1 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 71.6 Cr
Jul'22
₹ 61.5 Cr
Jun'22
₹ 52.4 Cr

Fund Returns vs Benchmark

Aug'22
11.62%
8.93%
Jul'22
11.62%
8.93%
Jun'22
-5.21%
-4.49%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
152
152
153
Top 5 Company Concentration
12.3%
12%
11.3%
Company having highest exposure
Adani Total Gas Ltd (5.4%)
Adani Total Gas Ltd (4.8%)
Adani Total Gas Ltd (4.1%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
71.9%
72.4%
71.9%
Sector having highest exposure
Industrial (17.9%)
Consumer Cyclical (17.4%)
Industrial (17.3%)

Fund Manager

Kayzad Eghlim

Kayzad Eghlim

Managing this fund since 22 December 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ICICI Prudential Equity Arbitrage Fund Direct Plan Growth
4.59%
3.75%
ICICI Prudential Nifty 50 Index Plan Direct Growth
15.33%
--
ICICI Prudential Equity Savings Fund Direct Growth
7.95%
9.22%
Nishit Patel

Nishit Patel

Managing this fund since 22 December 2021

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%
8.52%

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 5.18% since inception which is less than its category average return of 8.49%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.39% in Equity, 0% in Debt and 1.61% in Cash related instruments
AUM size ₹72 Cr

AUM size ₹72 Cr

This fund has AUM of ₹72 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 Midcap 150 Index Fund Direct Growth is 10.52.
Existing (Absolute + CAGR)
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.87%
1.87%
6 Month Returns
8.55%
8.55%
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
72 Cr as on August 2022
Adani Total Gas Ltd(5.42%),Bharat Electronics Ltd(1.93%),Trent Ltd(1.66%),Tata Elxsi Ltd(1.66%),Page Industries Ltd(1.58%) as on August 2022
Industrial(17.86%),Consumer Cyclical(17.2%),Financial Services(16.5%) as on August 2022
The alpha ratio for the ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth
-
-
-
As on month end.
The alpha for ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth is calculated against IISL Nifty Midcap 150 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 Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth
-
-
-
As on month end.
The Beta for ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth is calculated with IISL Nifty Midcap 150 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 Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth
-
-
-
As on month end.
The sharpe ratio for ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth is calculated with IISL Nifty Midcap 150 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 Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth
-
-
-
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 Midcap 150 Index Fund Direct Growth
The Exit load of ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth is 0%