ICICI Prudential Energy Opportunities Fund Direct Growth

ICICI Prudential Energy Opportunities Fund Direct Growth is an equity fund. This fund was started on 22 July, 2024. The fund is managed by Nitya Mishra, Sharmila D’mello, Sankaran Naren. The fund could potentially beat inflation in the long-run.

1. ICICI Prudential Energy Opportunities Fund Direct Growth has ₹10187 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
2. The fund has an expense ratio 0.5.
   

ICICI Prudential Energy Opportunities Fund Direct Growth has given a CAGR return of 0.85% since inception. Over the last 1 year the fund has given a CAGR return of 0.60%.

ICICI Prudential Energy Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Energy, Utilities, Industrial, Basic Materials, Financial Services, Tech, Consumer Cyclical. Its top holdings are NTPC Ltd, Reliance Industries Ltd, Oil & Natural Gas Corp Ltd, Indian Oil Corp Ltd, Bharat Petroleum Corp Ltd

As it is a sector - energy mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the Scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies engaging in activities such as exploration, production, distribution, transportation and processing of traditional & new energy including but not limited to industries/sectors such as oil & gas, utilities and power.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Energy Opportunities Fund Direct Growth has no lock in period.