ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth

Equity
Direct
Index Funds
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth

About the Fund

ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth is an equity fund. This fund was started on 2 February, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth has ₹58 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth has given a CAGR return of 15.67% since inception.

Holdings

ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Financial Services, Consumer Defensive, Basic Materials, Utilities, Energy, Consumer Cyclical, Health. Its top holdings are ICICI Bank Ltd, Infosys Ltd, Tata Consultancy Services Ltd, ITC Ltd, State Bank of India

Taxation

As it is a index funds mutual fund the taxation is as follows:
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
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth

The objective of the Scheme is to invest in companies whose securities are included in Nifty50 Value 20 Index in the same weightage that they represent in Nifty50 Value 20 Index in order to achieve the returns of the above index, subject to tracking errors.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
1538 people have invested ₹ 24L in ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.15%
Benchmark
IISL Nifty50 Value 20 PR INR
AUM₹58 Cr
Inception Date2 February, 2024
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 99.6%

  • Debt & Cash 0.4%

Large cap
97.8%

Mid cap
1.9%

Sector Allocation

Jun'24

May'24

Apr'24

Tech
33%
Financial Services
25.7%
Consumer Defensive
11.8%
Basic Materials
8.8%
Utilities
8.5%
Energy
5.5%
Consumer Cyclical
4.6%
Health
2%

Returns for the month of Jun

  • Gainers

  • Losers

ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth 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 returns of 15.67% since inception (02nd Feb 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 99.64% in Equity, 0% in Debt and 0.36% in Cash related instruments
AUM size ₹58 Cr

AUM size ₹58 Cr

This fund has AUM of ₹58 Cr which is less than its category average of ₹ 801 Cr
Expense Ratio 0.15%

Expense Ratio 0.15%

This fund has an expense ratio of 0.15% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth is ₹11.49 as on 19-Jul-2024.
Existing (Absolute + CAGR) as on 19-Jul-2024.
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
9.09%
9.09%
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.
0.15% as on June 2024
₹58 Cr as on June 2024
ICICI Bank Ltd(14.79%), Infosys Ltd(14.53%), Tata Consultancy Services Ltd(10.16%), ITC Ltd(10.08%), State Bank of India(8.37%) as on June 2024
Tech(32.86%), Financial Services(25.65%), Consumer Defensive(11.74%) as on June 2024
The alpha ratio for the ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth
-
-
-
As on June 2024
The alpha for ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth is calculated against IISL Nifty50 Value 20 PR 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 Nifty50 Value 20 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth
-
-
-
As on June 2024
The Beta for ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth is calculated with IISL Nifty50 Value 20 PR 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 Nifty50 Value 20 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 Nifty50 Value 20 Index Fund Direct Growth
-
-
-
As on June 2024
The sharpe ratio for ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth is calculated with IISL Nifty50 Value 20 PR 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 Nifty50 Value 20 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 Nifty50 Value 20 Index Fund Direct Growth
-
-
-
As on June 2024
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.
The Exit load of ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth is 0%