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ICICI Prudential BSE Sensex Index Fund Direct Growth

ICICI Prudential BSE Sensex Index Fund Direct Growth

Equity

Direct

Index Funds

About the Fund

ICICI Prudential BSE Sensex Index Fund Direct Growth is an equity fund. This fund was started on 21 September, 2017. The fund is managed by Nishit Patel. The fund could potentially beat inflation in the long-run.

Key Parameters

ICICI Prudential BSE Sensex Index Fund Direct Growth has ₹1624 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
The fund has an expense ratio 0.2.

Returns

ICICI Prudential BSE Sensex Index Fund Direct Growth has given a CAGR return of 15.17% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.00%, 15.90% and 17.32% respectively.

Holdings

ICICI Prudential BSE Sensex Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Cyclical, Consumer Defensive, Industrial, Basic Materials, Communication, Utilities, Health. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd

Taxation

As it is a index funds 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 BSE Sensex Index Fund Direct Growth

An open-ended index linked growth scheme seeking to track the returns of S&P BSE SENSEX TRI through investments in a basket of stocks drawn from the constituents of the above index. The objective of the Scheme is to invest in companies whose securities are included in S&P BSE SENSEX TRI and subject to tracking errors, to endeavor to achieve the returns of the above index as closely as possible. This would be done by investing in all the stocks comprising the S&P BSE SENSEX TRI in approximately the same weightage that they represent in S&P BSE SENSEX TRI. The Scheme will not seek to outperform the S&P BSE SENSEX TRI or to underperform it. The objective is that the performance of the NAV of the Scheme should closely track the performance of the S&P BSE SENSEX TRI over the same period. However, there can be no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential BSE Sensex Index Fund Direct Growth has no lock in period.

Fund Performance

16905 people have invested ₹ 3.2Cr in ICICI Prudential BSE Sensex Index Fund Direct Growth in the last three months

INDmoney Rank

IND ranking is not available for this fund.

Beats FD returns for both 3Y & 5Y duration

3Y returns in the bottom 25% of the category

Fund Overview

Expense ratio	0.18%
Benchmark	S&P BSE SENSEX TR INR
AUM	₹1624 Cr
Inception Date	21 September, 2017
Min Lumpsum/SIP	₹100/₹100
Exit Load	0%
Lock In	No Lock-in
TurnOver	15.93%
Risk	Very High Risk

Fund Distribution
as on (30-Jun-24)

Equity 99.6%
Debt & Cash 0.4%

Large cap

99.6%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services

38%

Tech

13.4%

Energy

11.7%

Consumer Cyclical

8.1%

Consumer Defensive

7.8%

Industrial

5.8%

Basic Materials

5.5%

Communication

4.3%

Utilities

3.7%

Health

1.8%

All changes are between Apr'24 and Jun'24

as on (30-Jun-24)

Equity

Holdings	Weight%	1M Change
HDFC Bank Ltd	13.98%	-0.2%
Reliance Industries Ltd	11.68%	-1.3%
ICICI Bank Ltd	9.3%	0.8%
Infosys Ltd	6.24%	1.9%
Larsen & Toubro Ltd	4.57%	-0.5%

See all

Returns %
Fund Ratios
Overview

Funds	1Y Returns	3Y Returns	5Y Returns	Since Inception
ICICI Prudential BSE Sensex Index Fund Direct Growth	22%	15.9%	17.3%	15.2%
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct Growth	66.9%	18.5%	-	25.4%
UTI Nifty Next 50 Index Fund Direct Growth	63%	22.8%	23%	17.3%
Aditya Birla Sun Life Nifty Midcap 150 Index Fund Direct Growth	54.4%	27.3%	-	29.9%

See all

Returns for the month of Jun

Gainers
Losers

Top Growth Drivers	1M Return
Infosys Ltd	20.3%
Reliance Industries Ltd	3.2%

Nishit Patel

Fund Manager of ICICI Prudential BSE Sensex Index Fund Direct Growth, since 18 January 2021

Top funds managed

Scheme	Annualised Returns(3Y)	Category Returns(3Y)
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Growth	22.78%	--
ICICI Prudential BSE Sensex Index Fund Direct Growth	15.9%	--
ICICI Prudential Nifty 50 Index Plan Direct Growth	16.51%	--

Mutual Fund Insights

This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.18% which is lower than the category average expense ratio of 0.34%.

In the last 1 year, Motilal Oswal BSE Enhanced Value Index Fund Direct Growth has given 85.91% return, outperforming this fund by 63.92%.

Over the last 6 months, this fund has increased expense ratio by 12.5% moving from 0.16 to 0.18.

Over the last 6 months, this fund has experienced a 24.5% growth in AUM moving from 1.30K Cr to 1.62K Cr.

In the last 3 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 21.13% return, outperforming this fund by 5.23% per annum.

In the last 5 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 21.68% return, outperforming this fund by 4.36% per annum.

ICICI Prudential BSE Sensex Index 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 15.17% since inception which is less than its category average return of 22.95%

Fund Allocations

This fund has an allocation of 99.58% in Equity, 0% in Debt and 0.42% in Cash related instruments

AUM size ₹1624 Cr

This fund has AUM of ₹1624 Cr which is more than its category average of ₹ 794 Cr

Expense Ratio 0.18%

This fund has an expense ratio of 0.18% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of ICICI Prudential BSE Sensex Index Fund Direct Growth is ₹26.23 as on 25-Jul-2024.

Existing (Absolute + CAGR) as on 25-Jul-2024.

ICICI Prudential BSE Sensex Index Fund Direct Growth	Absolute Returns	CAGR Returns
1 Month Returns	3.71%	3.71%
6 Month Returns	13.56%	13.56%
1 Year Returns	22%	22%
3 Years Returns	55.7%	15.9%
5 Years Returns	122.25%	17.32%

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.

0.18% as on June 2024

₹1624 Cr as on June 2024

HDFC Bank Ltd(13.98%), Reliance Industries Ltd(11.68%), ICICI Bank Ltd(9.3%), Infosys Ltd(6.24%), Larsen & Toubro Ltd(4.57%) as on June 2024

Financial Services(37.81%), Tech(13.31%), Energy(11.68%) as on June 2024

The alpha ratio for the ICICI Prudential BSE Sensex Index Fund Direct Growth for various period is as follows:

Fund Name	Alpha 1 Year	Alpha 3 Years	Alpha 5 Years
ICICI Prudential BSE Sensex Index Fund Direct Growth	-0.22	-0.28	-0.15

As on June 2024

The alpha for ICICI Prudential BSE Sensex Index Fund Direct Growth is calculated against S&P BSE SENSEX 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 BSE Sensex Index Fund Direct Growth for various period is as follows:

Fund Name	Beta 1 Year	Beta 3 Years	Beta 5 Years
ICICI Prudential BSE Sensex Index Fund Direct Growth	1	1	0.99

As on June 2024

The Beta for ICICI Prudential BSE Sensex Index Fund Direct Growth is calculated with S&P BSE SENSEX 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 BSE Sensex Index 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 BSE Sensex Index Fund Direct Growth	1.28	0.77	0.63

As on June 2024

The sharpe ratio for ICICI Prudential BSE Sensex Index Fund Direct Growth is calculated with S&P BSE SENSEX 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 BSE Sensex Index 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 BSE Sensex Index Fund Direct Growth	11.71	12.83	18.43

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 1.5 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

Nishit Patel is the fund manager of ICICI Prudential BSE Sensex Index Fund Direct Growth

The Exit load of ICICI Prudential BSE Sensex Index Fund Direct Growth is 0%

ICICI Prudential BSE Sensex Index Fund Direct Growth