ICICI Prudential S&P BSE Midcap Select ETF
Equity
regular
Mid-Cap
NAV: ₹ 158.59 as on 03-05-2024
About the Fund
ICICI Prudential S&P BSE Midcap Select ETF is an equity fund. This fund was started on 4 July, 2016. The fund is managed by Nishit Patel. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential S&P BSE Midcap Select ETF has ₹46 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.2.
Fund Performance
Overview
 | 0.15% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹46 Cr |
 | 4 July, 2016 |
 | --/-- |
 | 0% |
 | No Lock-in |
 TurnOver | 55.04% |
ICICI Prudential S&P BSE Midcap Select ETF Distribution as on (31-Mar-24)
Size breakup
Mid cap
75.4%
Large cap
24.5%
Sector Allocation
Financial Services
32.5%
Consumer Cyclical
23.9%
Industrial
16.6%
Health
8.7%
Basic Materials
8%
Tech
5.9%
Consumer Defensive
3.2%
Communication
1.2%
Top Holdings of ICICI Prudential S&P BSE Midcap Select ETF as on (30-Apr-24)
Equity Holdings30
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Supreme Industries Ltd | 18.2% |
Power Finance Corporation Ltd | 15.8% |
 Trent Ltd | 13% |
Top Losers | 1M Return |
|---|---|
 Persistent Systems Ltd | -16.4% |
 Tata Elxsi Ltd | -11.4% |
 Indian Hotels Co Ltd | -7.7% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.37% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -1.16% as on Mar'24
- This fund outperformed Nifty Midcap 150 by 1.53% in Mar'24
AUM Change
- AUM of the fund stands at 45.1 Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 35.4% return, outperforming this fund by 15.84% per annum.
Over the last 6 months, this fund has experienced a 32.8% growth in AUM moving from 34.36 Cr to 45.61 Cr.
In the last 3 years, Quant Mid Cap Fund Growth Option Direct Plan has given 38.33% return, outperforming this fund by 14.88% per annum.
In the last 1 year, Quant Mid Cap Fund Growth Option Direct Plan has given 73.52% return, outperforming this fund by 12.52%.
This fund has one of the lowest expense ratio in the category (mid-cap). Its expense ratio is 0.15% which is lower than the category average expense ratio of 1.17%.
Peer Analysis
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
ICICI Prudential S&P BSE Midcap Select ETF | 61% | 23.4% | 19.6% | 15.7% |
Fund Manager
Nishit Patel
Fund Manager of ICICI Prudential S&P BSE Midcap Select ETF, since 18 January 2021
Top funds managed
ICICI Prudential S&P BSE Midcap Select ETF 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 15.71% since inception which is less than its category average return of 19.32%
Fund Allocations
This fund has an allocation of 99.93% in Equity, 0% in Debt and 0.07% in Cash related instruments
AUM size ₹46 Cr
This fund has AUM of ₹46 Cr which is less than its category average of ₹ 7349 Cr
Expense Ratio 0.15%
This fund has an expense ratio of 0.15% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of ICICI Prudential S&P BSE Midcap Select ETF is ₹158.59 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
ICICI Prudential S&P BSE Midcap Select ETF | Absolute Returns | CAGR Returns |
1 Month Returns | 3.63% | 3.63% |
6 Month Returns | 31.7% | 31.7% |
1 Year Returns | 61% | 61% |
3 Years Returns | 88.13% | 23.45% |
5 Years Returns | 144.25% | 19.55% |
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.
0.15% as on April 2024
₹46 Cr as on April 2024
Trent Ltd(7.73%), Shriram Finance Ltd(5.73%), Max Healthcare Institute Ltd Ordinary Shares(5.3%), Power Finance Corp Ltd(4.95%), REC Ltd(4.88%) as on April 2024
Financial Services(32.48%), Consumer Cyclical(23.89%), Industrial(16.6%) as on April 2024
The alpha ratio for the ICICI Prudential S&P BSE Midcap Select ETF for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential S&P BSE Midcap Select ETF | 4.74 | -3.62 | -4.19 |
As on April 2024
The alpha for ICICI Prudential S&P BSE Midcap Select ETF is calculated against S&P BSE Midcap 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 S&P BSE Midcap Select ETF for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential S&P BSE Midcap Select ETF | 0.81 | 0.94 | 0.98 |
As on April 2024
The Beta for ICICI Prudential S&P BSE Midcap Select ETF is calculated with S&P BSE Midcap 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 S&P BSE Midcap Select ETF for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential S&P BSE Midcap Select ETF | 3.63 | 1.11 | 0.7 |
As on April 2024
The sharpe ratio for ICICI Prudential S&P BSE Midcap Select ETF is calculated with S&P BSE Midcap 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 S&P BSE Midcap Select ETF for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential S&P BSE Midcap Select ETF | 11.65 | 14.73 | 21.25 |
As on April 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 2.17 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Nishit Patel is the fund manager of ICICI Prudential S&P BSE Midcap Select ETF