ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl

ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl

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Hybrid
Direct
Fund Of Funds
NAV: ₹ 121.28 as on 13-06-2024

About the Fund

ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Dharmesh Kakkad, Sankaran Naren. This fund gives you the benefit of diversification.

Key Parameters

  1. ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl has ₹167 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl has given a CAGR return of 12.05% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 25.89%, 12.26% and 13.64% respectively.

Holdings

ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Tech, Energy, Utilities, Industrial, Consumer Cyclical, Consumer Defensive, Communication, Basic Materials, Real Estate.

Taxation

As it is a fund of funds mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl

The primary objective of the Scheme is to generate capital appreciation primarily from a portfolio that is invested in Exchange Traded Funds. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl has no lock in period.

Fund Performance

Overview

Expense ratio
Expense ratio
0.33%
Benchmark
Benchmark
IISL Nifty 200 TR INR
AUM
AUM
₹167 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
137.12%

ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl Distribution as on (31-Dec-69)

  • Equity 88.4%

  • Debt & Cash 3%

Size breakup

Large cap
73.4%
Mid cap
12.9%
Small cap
1.8%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
35.1%
Health
13.7%
Tech
13.1%
Consumer Defensive
11.9%
Energy
6.5%
Utilities
5.3%
Industrial
4.9%
Consumer Cyclical
4.3%
Communication
2.8%
Basic Materials
1.8%
Real Estate
0.6%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 162.5 Cr
₹ 155.7 Cr
₹ 150.9 Cr
  • AUM of the fund stands at 162.5 Cr as of Apr'24
  • AUM increased by 6.8 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl as on (31-May-24)

  • Equity

  • Debt & Cash

Equity Holdings8
Debt Holdings1

Fund Manager

Dharmesh Kakkad
Dharmesh Kakkad
Fund Manager of ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl, since 28 May 2018
Sankaran Naren
Sankaran Naren
Fund Manager of ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl, since 5 September 2018

ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl 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 an average annual returns of 12.05% since inception which is less than its category average return of 12.08%
Fund Allocations

Fund Allocations

This fund has an allocation of 88.35% in Equity, 0% in Debt and 3.02% in Cash related instruments
AUM size ₹167 Cr

AUM size ₹167 Cr

This fund has AUM of ₹167 Cr which is less than its category average of ₹ 660 Cr
Expense Ratio 0.33%

Expense Ratio 0.33%

This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.77%

Frequently Asked Questions

The current NAV of ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl is ₹121.28 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.8%
5.8%
6 Month Returns
7.62%
7.62%
1 Year Returns
25.89%
25.89%
3 Years Returns
41.46%
12.26%
5 Years Returns
89.56%
13.64%
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0.33% as on May 2024
₹167 Cr as on May 2024
ICICI Prudential Nifty Infra ETF(15.07%), ICICI Pru Nifty Private Banks ETF(15.05%), ICICI Pru Nifty Bank ETF(14.59%), ICICI Pru Nifty Healthcare ETF(12.61%), ICICI Pru Nifty IT ETF(11.91%) as on May 2024
Financial Services(33.1%), Health(13.33%), Tech(11.94%) as on May 2024
Dharmesh Kakkad, Sankaran Naren are the fund managers of ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl
The Exit load of ICICI Prudential Passive Strategy Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl is 1%