Equity
Direct
Equity - Other
NAV as on 07-11-2024
₹ 22.67
▲1.6%
1D
Inception Returns
23.6%
/yr
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.
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.
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
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.
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 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.
Expense ratio | 0.63% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹101 Cr |
Inception Date | 11 December, 2020 |
Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 141.72% |
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 |
as on (07-Nov-24)
as on (30-Sep-24)
Top 3 Sectors in September were Financial Services, Basic Materials & Consumer Defensive
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% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Quant Fund Direct Growth | 4.3 | 2.12 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Quant Fund Direct Growth | 0.86 | 0.8 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Quant Fund Direct Growth | 2.1 | 0.81 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Quant Fund Direct Growth | 11.89 | 11.47 | - |