ICICI Prudential Smallcap Fund Direct Growth
Equity
Direct
Small-Cap
About the Fund
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
- ICICI Prudential Smallcap Fund Direct Growth has ₹8438 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
ICICI Prudential Smallcap Fund Direct Growth has given a CAGR return of 19.77% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 41.93%, 25.10% and 31.24% respectively.
Holdings
ICICI Prudential Smallcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Consumer Cyclical, Financial Services, Health, Real Estate, Utilities, Consumer Defensive, Tech, Communication, Energy. Its top holdings are Nippon Life India Asset Management Ltd Ordinary Shares, Grindwell Norton Ltd, Rolex Rings Ltd, Brigade Enterprises 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 benefitDividends 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.
Fund Performance
7974 people have invested ₹ 1.7Cr in ICICI Prudential Smallcap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
11
/17
49% Performance
50% Risk Management
73% Cost
11 out of 17 among small-cap
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.69% |
Benchmark | S&P BSE Smallcap TR INR |
| AUM | ₹8438 Cr |
| Inception Date | 2 January, 2013 |
| Min Lumpsum/SIP | --/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 22.13% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Small cap
67.5%
Mid cap
16.3%
Large cap
6.8%
Sector Allocation
Industrial
28.2%
Basic Materials
21.2%
Consumer Cyclical
16%
Financial Services
9.5%
Health
6.9%
Real Estate
4.4%
Utilities
4.1%
Consumer Defensive
3.4%
Tech
3%
Communication
2.2%
Energy
1%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Cholamandalam Financial Holdings Ltd | 16.7% |
 TVS Holdings Ltd | 5.4% |
 Orient Electric Ltd | 5% |
Anish Tawakley
Fund Manager of ICICI Prudential Smallcap Fund Direct Growth, since 18 September 2023
Top funds managed
Mutual Fund Insights
In the last 3 years, Nippon India Small Cap Fund - Direct Plan - Growth Plan has given 32.93% return, outperforming this fund by 7.83% per annum.
Over the last 3 months, this fund has experienced a 17.6% growth in AUM moving from 7.17K Cr to 8.43K Cr.
In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 73.61% return, outperforming this fund by 31.68%.
This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.69% which is lower than the category average expense ratio of 1.14%.
Over the last 1 month, this fund has increased expense ratio by 21.1% moving from 0.57 to 0.69.
In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 46.9% return, outperforming this fund by 15.66% per annum.
ICICI Prudential Smallcap 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 19.77% since inception which is less than its category average return of 21.54%
Fund Allocations
This fund has an allocation of 90.64% in Equity, 0% in Debt and 9.36% in Cash related instruments
AUM size ₹8438 Cr
This fund has AUM of ₹8438 Cr which is more than its category average of ₹ 7573 Cr
Expense Ratio 0.69%
This fund has an expense ratio of 0.69% which is less than its category average expense ratio of 1.22%
Frequently Asked Questions
The current NAV of ICICI Prudential Smallcap Fund Direct Growth is ₹98.98 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
ICICI Prudential Smallcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.52% | 2.52% |
6 Month Returns | 18.56% | 18.56% |
1 Year Returns | 41.93% | 41.93% |
3 Years Returns | 95.78% | 25.1% |
5 Years Returns | 289.41% | 31.24% |
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).
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0.69% as on June 2024
₹8438 Cr as on June 2024
Nippon Life India Asset Management Ltd Ordinary Shares(3.18%), Grindwell Norton Ltd(2.98%), Rolex Rings Ltd(2.55%), Brigade Enterprises Ltd(2.51%), Cummins India Ltd(2.45%) as on June 2024
Industrial(25.59%), Basic Materials(19.17%), Consumer Cyclical(14.54%) as on June 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 | -0.23 | 6.05 | 3.86 |
As on June 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 | 0.68 | 0.68 | 0.85 |
As on June 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 | 2.32 | 1.45 | 1.05 |
As on June 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 | 12.99 | 13.89 | 22.89 |
As on June 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 3.41 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.02 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
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%