ICICI Prudential Strategic Metal And Energy Equity Fund Of Fund - Direct Plan - Growth
Equity
Direct
Global - Other
NAV: ₹ 13.6 as on 31-03-2023
Fund Performance
305 people have invested ₹ 7.6L in mutual fund in the last three months
Fund Insights
In the last 1 year, Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth has given 11% return, outperforming ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth by 0.84%
ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth has one of the lowest expense ratio in the category (global - other). Its expense ratio is 0.47% which is lower than the category average expense ratio of 1.19%
Over the last 6 months, ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth has experienced a 15.6% growth in AUM moving from 74.39 Cr to 86.03 Cr
ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth Performance as on (31-Mar-23)
About the Fund
ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth is an equity fund. This fund was started on 2 February, 2022. The fund is managed by Sharmila D’mello. The fund could potentially beat inflation in the long-run.
Key parameters
1) ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth has a NAV of ₹13.5634 as on 31-03-2023.
2) ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth has ₹86 Cr worth of assets under management (AUM) as on 28-02-2023 and is less than category average.
3) The fund has an expense ratio 0.47 %.
ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth Overview
 | 0.47% |
 Benchmark | |
 | ₹86 Cr |
 | 2 February, 2022 |
 | ₹1000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 18.62% |
Fund Distribution as on (28-Feb-23)
Sector Allocation
Cash Equivalent
100%
Top Holdings of ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth as on (31-Mar-23)
Debt Holdings1
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 FSM First Trust SME Equity UCITS Fund | 98.42% | 3.1% |
Peer Analysis
ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth Fund Manager
Sharmila D’mello
Fund Manager of ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth, since 11 April 2022
Top funds managed
Fund 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 30.19% since inception which is more than its category average return of 3.16%
AUM size ₹86 Cr
This fund has AUM of ₹86 Cr which is less than its category average of ₹ 427 Cr
Expense Ratio 0.47%
This fund has an expense ratio of 0.47% which is less than its category average expense ratio of 1.47%
Frequently Asked Questions
The current NAV of ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth is 13.46 as on 29-Mar-2023.
Existing (Absolute + CAGR)
ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 9.81% | 9.81% |
6 Month Returns | 17.23% | 17.23% |
1 Year Returns | 9.28% | 9.28% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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.
0.47 as on March 2023
86 Cr as on March 2023
The alpha ratio for the ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth | - | - | - |
As on March 2023
The alpha for ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth is calculated against . 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 Strategic Metal and Energy Equity FoF Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth | - | - | - |
As on March 2023
The Beta for ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth is calculated with . 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 Strategic Metal and Energy Equity FoF Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth | 0.34 | - | - |
As on March 2023
The sharpe ratio for ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth is calculated with . 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 Strategic Metal and Energy Equity FoF Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth | 30.16 | - | - |
As on March 2023
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.
Sharmila D’mello is the fund manager of ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth
The Exit load of ICICI Prudential Strategic Metal and Energy Equity FoF Direct Growth is 1%