ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 22-10-2024
₹ 11.51
1D
Inception Returns
16.4%
/yr
About ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth
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
- ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth has ₹79 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth has given a CAGR return of 16.37% 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, Utilities, Basic Materials, Energy, Consumer Cyclical, Health. Its top holdings are Infosys Ltd, ICICI Bank Ltd, ITC Ltd, Tata Consultancy Services 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 benefitDividends 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.
Historical NAV & Returns
Annualised
▲
▼
2174 people have invested ₹ 69.5L in ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth in the last three months
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth Overview
| Expense ratio | 0.25% |
Benchmark | IISL Nifty50 Value 20 PR INR |
| AUM | ₹79 Cr |
| Inception Date | 2 February, 2024 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Fund Distribution
as on (30-Sep-24)
Large cap
99.9%
Sector Allocation
Tech
33.8%
Financial Services
23.9%
Consumer Defensive
13.1%
Utilities
8.7%
Basic Materials
8.3%
Energy
5.4%
Consumer Cyclical
5%
Health
1.9%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 0.56% whereas the fund’s underlying benchmark Nifty 50 returns stands at 2.11% as on Sep'24
- This fund underperformed Nifty 50 by 1.55% in Sep'24
- AUM of the fund stands at 75.8 Cr as of Sep'24
- AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 13.87% to 14.48%
ITC Ltd's allocation increased from 10.9% to 11.31%
Bajaj Auto Ltd's allocation increased from 2.85% to 3.21%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 16.5 % to 14.91 %
Tata Consultancy Services Ltd's allocation decreased from 10.84 % to 10.24 %
State Bank of India's allocation decreased from 7.36 % to 7.12 %
Mid Cap allocation has gone down from 1.7% to 0%
Large Cap allocation has gone up from 98.6% to 99.9%
Cash allocation has gone up from -0.2% to 0.1%
Top 3 Sectors in September were Tech, Financial Services & Consumer Defensive
Sep'24
Tech
34%
Financial Services
24%
Consumer Defensive
13%
Aug'24
Tech
36%
Financial Services
23%
Consumer Defensive
12%
See all
Top Losers | 1M Return |
|---|---|
 Tata Consultancy Services Ltd | -3.4% |
 Infosys Ltd | -0.9% |
 State Bank of India | 2.3% |
Loading...
We are taking more time than usual
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.1L Cr
as on 30-Sep-2024
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered returns of 16.37% since inception (2nd February 2024)
Fund Allocations
This fund has an allocation of 99.94% in Equity, 0% in Debt and 0.06% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 854 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.51%
Frequently Asked Questions for ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth
The current NAV of ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth is ₹11.51 as on 22-Oct-2024.
Existing (Absolute + CAGR) as on 22-Oct-2024.
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.78% | -2.78% |
6 Month Returns | 17.64% | 17.64% |
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.
0.25% as on September 2024
₹79 Cr as on September 2024
Infosys Ltd(14.91%), ICICI Bank Ltd(14.48%), ITC Ltd(11.31%), Tata Consultancy Services Ltd(10.24%), State Bank of India(7.12%) as on September 2024
Tech(33.74%), Financial Services(23.84%), Consumer Defensive(13.07%) as on September 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 September 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 September 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 September 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 September 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%