ICICI Prudential Strategic Metal and Energy Equity FoF Direct Transfer Inc Dist cum Cap Wdrl

Equity
Direct
Global - Other
ICICI Prudential Strategic Metal and Energy Equity FoF Direct Transfer Inc Dist cum Cap Wdrl

About the Fund

ICICI Prudential Strategic Metal and Energy Equity FoF Direct Transfer Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 2 February, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Strategic Metal and Energy Equity FoF Direct Transfer Inc Dist cum Cap Wdrl has ₹98 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 1.4.

Returns

ICICI Prudential Strategic Metal and Energy Equity FoF Direct Transfer Inc Dist cum Cap Wdrl has given a CAGR return of 19.94% since inception. Over the last 1 year the fund has given a CAGR return of 15.65%.

Holdings

ICICI Prudential Strategic Metal and Energy Equity FoF Direct Transfer Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent. Its top holdings are First Trust Stgy Mtl & Ey Eq A USD Acc

Taxation

As it is a global - other 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 Strategic Metal and Energy Equity FoF Direct Transfer Inc Dist cum Cap Wdrl

ICICI Prudential Strategic Metal and Energy Equity Fund of Fund (the Scheme) is an openended fund of fund scheme that invests in the units/shares of First Trust Strategic Metal and Energy Equity UCITS Fund. The Scheme may also invest a certain portion of its corpus in domestic debt or money market securities and/or debt mutual fund schemes/liquid schemes of domestic mutual funds including that of ICICI Prudential Mutual Fund, in order to meet liquidity requirements from time to time.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. ICICI Prudential Strategic Metal and Energy Equity FoF Direct Transfer Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio1.38%
Benchmark
null
AUM₹98 Cr
Inception Date2 February, 2022
Min Lumpsum/SIP--/--
Exit Load
1%
Lock InNo Lock-in
TurnOver
59.12%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 0.1%

Sector Allocation

Jun'24

May'24

Apr'24

Cash Equivalent
100%

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
First Trust Stgy Mtl & Ey Eq A USD Acc
First Trust Stgy Mtl & Ey Eq A USD Acc
99.88%
-0.5%

ICICI Prudential Strategic Metal and Energy Equity FoF Direct Transfer Inc Dist cum Cap Wdrl 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 19.94% since inception which is more than its category average return of 8.58%
AUM size ₹98 Cr

AUM size ₹98 Cr

This fund has AUM of ₹98 Cr which is less than its category average of ₹ 520 Cr
Expense Ratio 1.38%

Expense Ratio 1.38%

This fund has an expense ratio of 1.38% which is less than its category average expense ratio of 1.38%

Frequently Asked Questions

The current NAV of ICICI Prudential Strategic Metal and Energy Equity FoF Direct Transfer Inc Dist cum Cap Wdrl is ₹15.63 as on 18-Jul-2024.
Existing (Absolute + CAGR) as on 18-Jul-2024.
ICICI Prudential Strategic Metal and Energy Equity FoF Direct Transfer Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
9.2%
9.2%
6 Month Returns
23.91%
23.91%
1 Year Returns
15.65%
15.65%
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.
1.38% as on June 2024
₹98 Cr as on June 2024
The alpha ratio for the ICICI Prudential Strategic Metal and Energy Equity FoF Direct Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl
-
-
-
As on June 2024
The alpha for ICICI Prudential Strategic Metal and Energy Equity FoF Direct Transfer Inc Dist cum Cap Wdrl is calculated against null. 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 Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl
-
-
-
As on June 2024
The Beta for ICICI Prudential Strategic Metal and Energy Equity FoF Direct Transfer Inc Dist cum Cap Wdrl is calculated with null. 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 Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl
0.37
-
-
As on June 2024
The sharpe ratio for ICICI Prudential Strategic Metal and Energy Equity FoF Direct Transfer Inc Dist cum Cap Wdrl is calculated with null. 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 Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl
18.59
-
-
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.
The Exit load of ICICI Prudential Strategic Metal and Energy Equity FoF Direct Transfer Inc Dist cum Cap Wdrl is 1%