ICICI Prudential PSU Equity Fund Direct Growth
Equity
Direct
Equity - Other
NAV: ₹ 19.9 as on 23-04-2024
Fund Performance
2218 people have invested ₹ 3.9Cr in ICICI Prudential PSU Equity Fund Direct Growth in the last three months
About the ICICI Prudential PSU Equity Fund Direct Growth
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.
Key Parameters
- ICICI Prudential PSU Equity Fund Direct Growth has ₹2406 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.6.
ICICI Prudential PSU Equity Fund Direct Growth Overview
 | 0.62% |
 Benchmark | S&P BSE PSU TR INR |
 | ₹2406 Cr |
 | 12 September, 2022 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 19.59% |
ICICI Prudential PSU Equity Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
61.5%
Mid cap
19.9%
Small cap
5%
Sector Allocation
Energy
30.1%
Financial Services
29.7%
Utilities
28.8%
Industrial
9.8%
Basic Materials
1.5%
Top Holdings of ICICI Prudential PSU Equity Fund Direct Growth as on (31-Mar-24)
Equity Holdings27
Debt Holdings2
ICICI Prudential PSU Equity Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -0.31% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 0.16% in Mar'24
AUM Change
- AUM of the fund stands at 2.4K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in ICICI Prudential PSU Equity Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Bharat Heavy Electricals Ltd | 16.5% |
 NLC India Ltd | 16.4% |
 Oil India Ltd | 6.5% |
Peer Analysis
ICICI Prudential PSU Equity Fund Direct Growth Fund Manager
Mittul Kalawadia
Fund Manager of ICICI Prudential PSU Equity Fund Direct Growth, since 12 September 2022
Top funds managed
ICICI Prudential PSU Equity 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 an average annual returns of 53.22% since inception which is more than its category average return of 22.61%
Fund Allocations
This fund has an allocation of 86.44% in Equity, 0% in Debt and 13.56% in Cash related instruments
AUM size ₹2406 Cr
This fund has AUM of ₹2406 Cr which is more than its category average of ₹ 1778 Cr
Expense Ratio 0.62%
This fund has an expense ratio of 0.62% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of ICICI Prudential PSU Equity Fund Direct Growth is ₹19.9 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
ICICI Prudential PSU Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.46% | 4.46% |
6 Month Returns | 54.26% | 54.26% |
1 Year Returns | 84.94% | 84.94% |
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.
0.62% as on March 2024
₹2406 Cr as on March 2024
State Bank of India(13.08%), NTPC Ltd(9.74%), Oil & Natural Gas Corp Ltd(7.98%), Power Grid Corp Of India Ltd(7.53%), Coal India Ltd(7.25%) as on March 2024
Energy(26.05%), Financial Services(25.68%), Utilities(24.91%) as on March 2024
The alpha ratio for the ICICI Prudential PSU Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential PSU Equity Fund Direct Growth | -0.58 | - | - |
As on March 2024
The alpha for ICICI Prudential PSU Equity Fund Direct Growth is calculated against S&P BSE PSU 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 PSU Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential PSU Equity Fund Direct Growth | 0.88 | - | - |
As on March 2024
The Beta for ICICI Prudential PSU Equity Fund Direct Growth is calculated with S&P BSE PSU 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 PSU Equity 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 PSU Equity Fund Direct Growth | 3.13 | - | - |
As on March 2024
The sharpe ratio for ICICI Prudential PSU Equity Fund Direct Growth is calculated with S&P BSE PSU 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 PSU Equity 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 PSU Equity Fund Direct Growth | 18.37 | - | - |
As on March 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.
Mittul Kalawadia is the fund manager of ICICI Prudential PSU Equity Fund Direct Growth
The Exit load of ICICI Prudential PSU Equity Fund Direct Growth is 1%