ICICI Prudential Smallcap Fund Direct Growth

ICICI Prudential Smallcap Fund Direct Growth

Equity

Direct

Small-Cap

NAV as on 06-12-2024

₹ 100.11

0.2%

1D

Inception Returns

19.2%

/yr

About ICICI Prudential Smallcap Fund Direct Growth

ICICI Prudential Smallcap Fund Direct Growth is an equity fund. This fund was started on 2 January, 2013. The fund is managed by Anish Tawakley. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Smallcap Fund Direct Growth has ₹8435 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

ICICI Prudential Smallcap Fund Direct Growth has given a CAGR return of 19.23% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 25.28%, 22.82% and 30.70% respectively.

Holdings

ICICI Prudential Smallcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Basic Materials, Industrial, Consumer Cyclical, Financial Services, Health, Utilities, Consumer Defensive, Tech, Real Estate, Communication, Energy. Its top holdings are Gujarat State Petronet Ltd, Larsen & Toubro Ltd, TVS Holdings Ltd, Cyient Ltd, Cummins India Ltd

Taxation

As it is a small-cap 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 Smallcap Fund Direct Growth

The primary objective of the Scheme is to seek to generate capital appreciation by predominantly investing in equity and equity related securities of small cap stocks. 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 100.00. ICICI Prudential Smallcap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
8219 people have invested ₹ 2Cr in ICICI Prudential Smallcap Fund Direct Growth in the last three months

INDmoney Rank for ICICI Prudential Smallcap Fund Direct Growth

Powered by IND quant engine
12
/18
39% Performance
46% Risk Management
68% Cost
12 out of 18 among small-cap
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Beats FD returns for both 3Y & 5Y
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3Y returns in the bottom 25% of the category

ICICI Prudential Smallcap Fund Direct Growth Overview

Expense ratio0.76%
Benchmark
S&P BSE Smallcap TR INR
AUM₹8435 Cr
Inception Date2 January, 2013
Min Lumpsum/SIP--/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
22.13%
STCGSelling mutual fund 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 (06-Dec-24)

Period
ICICI Prudential Smallcap Fund Direct Growth
Nifty Smallcap 250
small-cap
1M
-0.1%
3.9%
1.5%
3M
-2.3%
0.1%
1.3%
6M
9.8%
13.8%
17.4%
1Y
25.3%
36.1%
33.9%
3Y
22.8%
23.8%
25%
5Y
30.7%
31.1%
32.9%

Fund Distribution

as on (31-Oct-24)

  • Equity 83.8%

  • Debt & Cash 16.3%

Small cap
67.9%

Large cap
9.6%

Mid cap
5.9%

Sector Allocation

Oct'24

Sep'24

Aug'24

Basic Materials
26.4%
Industrial
26.3%
Consumer Cyclical
14.8%
Financial Services
8.5%
Health
7.5%
Utilities
5%
Consumer Defensive
3.6%
Tech
2.9%
Real Estate
2.7%
Communication
1.9%
Energy
0.3%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-4.14%
1.75%
-0.40%
Nifty Smallcap 250
-4.21%
1.39%
1.94%
  • This fund’s returns stands at -4.14% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at -4.21% as on Oct'24
  • This fund outperformed Nifty Smallcap 250 by 0.07% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 8.4K Cr
₹ 8.8K Cr
₹ 8.7K Cr
  • AUM of the fund stands at 8.4K Cr as of Oct'24
  • AUM decreased by 389.5 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Shree Cement Ltd's allocation increased from 0.52% to 0.94%
Shree Cement Ltd's allocation increased from 0.52% to 0.94%
Gillette India Ltd's allocation increased from 1.68% to 2.06%
Gillette India Ltd's allocation increased from 1.68% to 2.06%
Repco Home Finance Ltd's allocation increased from 0.16% to 0.48%
Repco Home Finance Ltd's allocation increased from 0.16% to 0.48%
Top Stocks sold last month
Gujarat State Petronet Ltd's allocation decreased from 3.08 % to 2.95 %
Gujarat State Petronet Ltd's allocation decreased from 3.08 % to 2.95 %
TVS Holdings Ltd's allocation decreased from 2.47 % to 2.25 %
TVS Holdings Ltd's allocation decreased from 2.47 % to 2.25 %
Cummins India Ltd's allocation decreased from 2.16 % to 2.08 %
Cummins India Ltd's allocation decreased from 2.16 % to 2.08 %
Mid Cap allocation has gone down from 7.7% to 5.9%
Mid Cap allocation has gone down from 7.7% to 5.9%
Large Cap allocation has gone up from 9.6% to 9.6%
Large Cap allocation has gone up from 9.6% to 9.6%
Small Cap allocation has gone down from 68.1% to 67.9%
Small Cap allocation has gone down from 68.1% to 67.9%
Cash allocation has gone up from 14.3% to 16.2%
Cash allocation has gone up from 14.3% to 16.2%

Top 3 Sectors in October were Industrial, Basic Materials & Consumer Cyclical

Oct'24
Basic Materials
26%
Industrial
26%
Consumer Cyclical
15%
Sep'24
Industrial
27%
Basic Materials
25%
Consumer Cyclical
16%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
105
107
105
Top 5 Company Concentration
12%
12.3%
12.4%
Company having highest exposure
Gujarat State Petronet Ltd (2.9%)
Gujarat State Petronet Ltd (3.1%)
Gujarat State Petronet Ltd (2.8%)
No of Sectors
11
11
12
Top 5 Sectors Concentration
83.6%
82.8%
82%
Sector having highest exposure
Basic Materials (26.4%)
Industrial (26.6%)
Industrial (26.2%)
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Anish Tawakley
Anish Tawakley
Fund Manager of ICICI Prudential Smallcap Fund Direct Growth, since 18 September 2023
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.35L Cr
as on 31-Oct-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

Mutual Fund Insights

Insights icon
In the last 3 years, Bandhan Small Cap Fund Direct Growth has given 33.02% return, outperforming this fund by 10.21% per annum.
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In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 48.85% return, outperforming this fund by 18.15% per annum.
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Over the last 1 month, this fund has increased expense ratio by 10.1% moving from 0.69 to 0.76.
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In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 57.99% return, outperforming this fund by 32.71%.
Insights icon
This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.76% which is lower than the category average expense ratio of 1.15%.
Insights icon
Over the last 1 month, this fund has experienced a 4.4% drop in AUM moving from 8.82K Cr to 8.43K Cr.

ICICI Prudential Smallcap 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 19.23% since inception which is less than its category average return of 21.53%
Fund Allocations

Fund Allocations

This fund has an allocation of 83.75% in Equity, 0% in Debt and 16.25% in Cash related instruments
AUM size ₹8435 Cr

AUM size ₹8435 Cr

This fund has AUM of ₹8435 Cr which is more than its category average of ₹ 8082 Cr
Expense Ratio 0.76%

Expense Ratio 0.76%

This fund has an expense ratio of 0.76% which is less than its category average expense ratio of 1.19%

Frequently Asked Questions for ICICI Prudential Smallcap Fund Direct Growth

The current NAV of ICICI Prudential Smallcap Fund Direct Growth is ₹100.11 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
ICICI Prudential Smallcap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.07%
-0.07%
6 Month Returns
9.81%
9.81%
1 Year Returns
25.28%
25.28%
3 Years Returns
85.25%
22.82%
5 Years Returns
281.37%
30.7%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.76% as on November 2024
₹8435 Cr as on November 2024
Gujarat State Petronet Ltd(2.95%), Larsen & Toubro Ltd(2.55%), TVS Holdings Ltd(2.25%), Cyient Ltd(2.16%), Cummins India Ltd(2.08%) as on November 2024
Basic Materials(22.14%), Industrial(22.04%), Consumer Cyclical(12.41%) as on November 2024
The alpha ratio for the ICICI Prudential Smallcap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Smallcap Fund Direct Growth
-1.28
2.37
2.06
As on November 2024
The alpha for ICICI Prudential Smallcap Fund Direct Growth is calculated against S&P BSE Smallcap 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 Smallcap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Smallcap Fund Direct Growth
0.73
0.67
0.86
As on November 2024
The Beta for ICICI Prudential Smallcap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Smallcap 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 Smallcap Fund Direct Growth
1.24
1.08
1.05
As on November 2024
The sharpe ratio for ICICI Prudential Smallcap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Smallcap 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 Smallcap Fund Direct Growth
13.49
13.39
22.75
As on November 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 2.2 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Anish Tawakley is the fund manager of ICICI Prudential Smallcap Fund Direct Growth
The Exit load of ICICI Prudential Smallcap Fund Direct Growth is 1%