ICICI Prudential Quant Fund Direct Growth

ICICI Prudential Quant Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 07-11-2024

₹ 22.67

1.6%

1D

Inception Returns

23.6%

/yr

About ICICI Prudential Quant Fund Direct Growth

ICICI Prudential Quant Fund Direct Growth is an equity fund. This fund was started on 11 December, 2020. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Quant Fund Direct Growth has ₹101 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

ICICI Prudential Quant Fund Direct Growth has given a CAGR return of 23.56% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 35.71% and 15.35% respectively.

Holdings

ICICI Prudential Quant Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Defensive, Health, Tech, Basic Materials, Industrial, Consumer Cyclical, Energy, Communication, Utilities. Its top holdings are Tata Consultancy Services Ltd, Infosys Ltd, HDFC Bank Ltd, Hindustan Unilever Ltd, Sun Pharmaceuticals Industries Ltd

Taxation

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 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 Quant Fund Direct Growth

To generate long-term capital appreciation by predominantly investing in equity and equity related instruments selected based on a quantitative model. 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 1000.00 and for SIP is INR 100.00. ICICI Prudential Quant Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
280 people have invested ₹ 21.6L in ICICI Prudential Quant Fund Direct Growth in the last three months

INDmoney Rank for ICICI Prudential Quant Fund Direct Growth

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3Y returns in the bottom 25% of the category

ICICI Prudential Quant Fund Direct Growth Overview

Expense ratio0.63%
Benchmark
S&P BSE 200 India TR INR
AUM₹101 Cr
Inception Date11 December, 2020
Min Lumpsum/SIP₹1000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
141.72%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (07-Nov-24)

Period
ICICI Prudential Quant Fund Direct Growth
Nifty 500
equity - other
1M
-2.6%
-1.6%
-
3M
2.5%
-0.2%
-
6M
13.6%
10.5%
-
1Y
35.7%
32.7%
-
3Y
15.4%
14%
-

Fund Distribution

as on (30-Sep-24)

  • Equity 87.7%

  • Debt & Cash 12.3%

Large cap
56.6%

Mid cap
28.9%

Small cap
2.2%

Sector Allocation

Sep'24

Aug'24

Jul'24

Financial Services
22.6%
Consumer Defensive
13.3%
Health
12.1%
Tech
11.7%
Basic Materials
10.9%
Industrial
10.7%
Consumer Cyclical
8.1%
Energy
5.1%
Communication
3.3%
Utilities
2.2%
All changes are between Jul'24 and Sep'24
Sep'24
Aug'24
Jul'24
Fund Returns
2.26%
2.00%
5.60%
Nifty 500
2.04%
0.97%
3.53%
  • This fund’s returns stands at 2.26% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
  • This fund outperformed Nifty 500 by 0.22% in Sep'24
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 100.8 Cr
₹ 97.1 Cr
₹ 94.2 Cr
  • AUM of the fund stands at 100.8 Cr as of Sep'24
  • AUM increased by 3.7 Cr between Sep'24 and Aug'24
Top Stocks bought last month
Tata Consultancy Services Ltd's allocation increased from 1.72% to 4.02%
Tata Consultancy Services Ltd's allocation increased from 1.72% to 4.02%
Nestle India Ltd's allocation increased from 1.92% to 3.13%
Nestle India Ltd's allocation increased from 1.92% to 3.13%
Power Finance Corp Ltd's allocation increased from 1.95% to 2.91%
Power Finance Corp Ltd's allocation increased from 1.95% to 2.91%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 4.14 % to 3.85 %
Infosys Ltd's allocation decreased from 4.14 % to 3.85 %
ICICI Bank Ltd's allocation decreased from 3.46 % to 3.45 %
ICICI Bank Ltd's allocation decreased from 3.46 % to 3.45 %
ITC Ltd's allocation decreased from 3.01 % to 2.99 %
ITC Ltd's allocation decreased from 3.01 % to 2.99 %
Mid Cap allocation has gone down from 33.1% to 28.9%
Mid Cap allocation has gone down from 33.1% to 28.9%
Large Cap allocation has gone down from 57.7% to 56.6%
Large Cap allocation has gone down from 57.7% to 56.6%
Small Cap allocation has gone up from 0% to 2.2%
Small Cap allocation has gone up from 0% to 2.2%
Cash allocation has gone up from 9.2% to 12.3%
Cash allocation has gone up from 9.2% to 12.3%

Top 3 Sectors in September were Financial Services, Basic Materials & Consumer Defensive

Sep'24
Financial Services
23%
Consumer Defensive
13%
Health
12%
Aug'24
Financial Services
23%
Basic Materials
17%
Consumer Defensive
13%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
50
48
49
Top 5 Company Concentration
18.5%
18.9%
19.8%
Company having highest exposure
Tata Consultancy Services Ltd (4%)
Grasim Industries Ltd (4.3%)
Grasim Industries Ltd (4.6%)
No of Sectors
10
10
10
Top 5 Sectors Concentration
70.7%
73.9%
71.7%
Sector having highest exposure
Financial Services (22.6%)
Financial Services (23%)
Financial Services (23.1%)
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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 Quant 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 an average annual returns of 23.56% since inception which is more than its category average return of 20.1%
Fund Allocations

Fund Allocations

This fund has an allocation of 87.73% in Equity, 0% in Debt and 12.27% in Cash related instruments
AUM size ₹101 Cr

AUM size ₹101 Cr

This fund has AUM of ₹101 Cr which is less than its category average of ₹ 2417 Cr
Expense Ratio 0.63%

Expense Ratio 0.63%

This fund has an expense ratio of 0.63% which is less than its category average expense ratio of 1.24%

Frequently Asked Questions for ICICI Prudential Quant Fund Direct Growth

The current NAV of ICICI Prudential Quant Fund Direct Growth is ₹22.67 as on 07-Nov-2024.
Existing (Absolute + CAGR) as on 07-Nov-2024.
ICICI Prudential Quant Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-2.6%
-2.6%
6 Month Returns
13.63%
13.63%
1 Year Returns
35.71%
35.71%
3 Years Returns
53.49%
15.35%
5 Years Returns
0%
0%
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0.63% as on October 2024
₹101 Cr as on October 2024
Tata Consultancy Services Ltd(4.02%), Infosys Ltd(3.85%), HDFC Bank Ltd(3.63%), Hindustan Unilever Ltd(3.55%), Sun Pharmaceuticals Industries Ltd(3.48%) as on October 2024
Financial Services(19.86%), Consumer Defensive(11.68%), Health(10.62%) as on October 2024
The alpha ratio for the ICICI Prudential Quant Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Quant Fund Direct Growth
4.3
2.12
-
As on October 2024
The alpha for ICICI Prudential Quant Fund Direct Growth is calculated against S&P BSE 200 India 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 Quant Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Quant Fund Direct Growth
0.86
0.8
-
As on October 2024
The Beta for ICICI Prudential Quant Fund Direct Growth is calculated with S&P BSE 200 India 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 Quant 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 Quant Fund Direct Growth
2.1
0.81
-
As on October 2024
The sharpe ratio for ICICI Prudential Quant Fund Direct Growth is calculated with S&P BSE 200 India 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 Quant 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 Quant Fund Direct Growth
11.89
11.47
-
As on October 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.
Sortino ratio is 1.35 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.16 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of ICICI Prudential Quant Fund Direct Growth is 1%