Equity
Direct
Equity - Other
NAV as on 12-12-2024
₹ 21.8
1D
Inception Returns
41.4%
/yr
ICICI Prudential PSU Equity Fund Direct Growth is an equity fund. This fund was started on 12 September, 2022. The fund is managed by Mittul Kalawadia. The fund could potentially beat inflation in the long-run.
ICICI Prudential PSU Equity Fund Direct Growth has given a CAGR return of 41.38% since inception. Over the last 1 year the fund has given a CAGR return of 41.56%.
ICICI Prudential PSU Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Utilities, Energy, Industrial, Basic Materials. Its top holdings are State Bank of India, NTPC Ltd, Oil & Natural Gas Corp Ltd, Power Grid Corp Of India Ltd, Coal India Ltd
As it is a equity - other 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.
The objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of Public Sector Undertakings (PSUs).
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential PSU Equity Fund Direct Growth has no lock in period.
Expense ratio | 0.72% |
Benchmark | S&P BSE PSU TR INR |
AUM | ₹2357 Cr |
Inception Date | 12 September, 2022 |
Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 19.59% |
STCG | Selling mutual fund 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 |
as on (12-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Utilities & Energy
ICICI Prudential PSU Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.44% | 2.44% |
6 Month Returns | 1.3% | 1.3% |
1 Year Returns | 41.56% | 41.56% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential PSU Equity Fund Direct Growth | 4.99 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential PSU Equity Fund Direct Growth | 0.84 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential PSU Equity Fund Direct Growth | 1.85 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential PSU Equity Fund Direct Growth | 19.95 | - | - |