ICICI Prudential Equity Minimum Variance Fund Direct Growth

ICICI Prudential Equity Minimum Variance Fund Direct Growth

Equity

ICICI Mutual Fund

Equity - Other

Get the latest NAV of ICICI Prudential Equity Minimum Variance Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹10.55

▲1.4%1D

NAV as on 15 May 2025

5.5%/per year

Since Inception

Absolute Gain%

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326 people have invested ₹ 15.5L in ICICI Prudential Equity Minimum Variance Fund Direct Growth in the last three months

ICICI Prudential Equity Minimum Variance Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (15-May-25)

The fund has underperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty 500
Category Avg
1 Month
6.14%
7.09%
-
3 Months
9.67%
10.45%
-

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
ICICI Prudential Equity Minimum Variance Fund
-
3,624Cr
0.6%
-
-
5.5%
Nippon India Power & Infra Fund Direct Growth
7/39
7,026Cr
1.03%
3.8%
34.43%
15.67%
Quant Quantamental Fund Direct Growth
17/39
1,902Cr
0.66%
-3.95%
28.67%
23.41%
SBI Magnum Global Fund Direct Growth
21/39
6,117Cr
1.22%
7.23%
14.65%
15.23%
See all

ICICI Prudential Equity Minimum Variance Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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ICICI Prudential Equity Minimum Variance Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 84.1%

Debt & Cash 15.9%

Large cap
83.1%

ICICI Prudential Equity Minimum Variance Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 84.1%

Debt & Cash 15.9%

ICICI Prudential Equity Minimum Variance Fund Holdings Details

as on (30-Apr-25)

Equity

Debt & Cash

Holdings
Weight%
1M Change
Reliance Industries Ltd
9.53%
48.2%
HDFC Bank Ltd
6.91%
-25.5%
ICICI Bank Ltd
5.65%
-28.1%
Tata Consultancy Services Ltd
5.12%
29.4%
ITC Ltd
4.25%
1.6%
See all

ICICI Prudential Equity Minimum Variance Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.6%
Benchmark
Nifty 50 TR INR
AUM₹3624 Cr
Inception Date6 December, 2024
Min Lumpsum/SIP₹5000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About ICICI Prudential Equity Minimum Variance Fund

ICICI Prudential Equity Minimum Variance Fund Direct Growth is an equity fund. This fund was started on 6 December, 2024. The fund is managed by Vaibhav Dusad. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Equity Minimum Variance Fund Direct Growth has ₹3624 Cr worth of assets under management (AUM) as on Apr 2025 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

ICICI Prudential Equity Minimum Variance Fund Direct Growth has given a CAGR return of 5.50% since inception.

Holdings

ICICI Prudential Equity Minimum Variance Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Tech, Government, Consumer Defensive, Health, Consumer Cyclical, Industrial, Utilities, Basic Materials, Communication, Real Estate. Its top holdings are Reliance Industries Ltd, HDFC Bank Ltd, ICICI Bank Ltd, Tata Consultancy Services Ltd, ITC Ltd

Taxation

As it is a equity - other 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.

Investment objective of ICICI Prudential Equity Minimum Variance Fund Direct Growth

To generate long term capital appreciation by investing in Equity & Equity related instruments through a diversified basket with an aim to minimize the portfolio volatility.

Minimum Investment and lockin period

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

Fund Manager

Vaibhav Dusad

Fund Manager of ICICI Prudential Equity Minimum Variance Fund Direct Growth, since 6 December 2024

Learn more about ICICI Mutual Fund

Frequently Asked Questions for ICICI Prudential Equity Minimum Variance Fund Direct Growth

What is the current NAV of ICICI Prudential Equity Minimum Variance Fund Direct Growth?

The current NAV of ICICI Prudential Equity Minimum Variance Fund Direct Growth is ₹10.55 as on 15-May-2025.

What are the average returns of ICICI Prudential Equity Minimum Variance Fund Direct Growth?

Existing (Absolute + CAGR) as on 15-May-2025.
ICICI Prudential Equity Minimum Variance Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.14%
6.14%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%

How do I invest in ICICI Prudential Equity Minimum Variance Fund Direct Growth?

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.

What is the expense ratio of ICICI Prudential Equity Minimum Variance Fund Direct Growth?

0.6% as on April 2025

What is net assets under management (AUM) of ICICI Prudential Equity Minimum Variance Fund Direct Growth?

₹3624 Cr as on April 2025

What are the top 5 holdings of ICICI Prudential Equity Minimum Variance Fund Direct Growth?

Reliance Industries Ltd(9.53%), HDFC Bank Ltd(6.91%), ICICI Bank Ltd(5.65%), Tata Consultancy Services Ltd(5.12%), ITC Ltd(4.25%) as on April 2025

What are the top 3 sectors that this ICICI Prudential Equity Minimum Variance Fund Direct Growth has invested in?

Financial Services(23.3%), Energy(9.86%), Tech(9.81%) as on April 2025

What is the alpha of ICICI Prudential Equity Minimum Variance Fund Direct Growth?

The alpha ratio for the ICICI Prudential Equity Minimum Variance Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Equity Minimum Variance Fund Direct Growth
-
-
-
As on April 2025
The alpha for ICICI Prudential Equity Minimum Variance Fund Direct Growth is calculated against Nifty 50 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%.

What is the beta of ICICI Prudential Equity Minimum Variance Fund Direct Growth??

The Beta ratio for the ICICI Prudential Equity Minimum Variance Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Equity Minimum Variance Fund Direct Growth
-
-
-
As on April 2025
The Beta for ICICI Prudential Equity Minimum Variance Fund Direct Growth is calculated with Nifty 50 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.

What is the sharpe ratio of ICICI Prudential Equity Minimum Variance Fund Direct Growth?

The sharpe ratio for the ICICI Prudential Equity Minimum Variance 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 Equity Minimum Variance Fund Direct Growth
-
-
-
As on April 2025
The sharpe ratio for ICICI Prudential Equity Minimum Variance Fund Direct Growth is calculated with Nifty 50 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.

What is the standard deviation of ICICI Prudential Equity Minimum Variance Fund Direct Growth?

The standard deviation for the ICICI Prudential Equity Minimum Variance 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 Equity Minimum Variance Fund Direct Growth
-
-
-
As on April 2025
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.

Who is the manager of ICICI Prudential Equity Minimum Variance Fund Direct Growth?

Vaibhav Dusad is the fund manager of ICICI Prudential Equity Minimum Variance Fund Direct Growth

What is the exit load of ICICI Prudential Equity Minimum Variance Fund Direct Growth?

The Exit load of ICICI Prudential Equity Minimum Variance Fund Direct Growth is 1%