ICICI Prudential Equity Minimum Variance Fund Direct Growth

ICICI Prudential Equity Minimum Variance Fund Direct Growth

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.

₹10.49

0.2%1D

NAV as on 14 Aug 2025

4.9%/per year

Since Inception

Absolute Gain%

503 people have invested ₹ 23.5L 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 (14-Aug-25)

The fund has outperformed the benchmark (Nifty 500) over 1Y, but underperformed over 3Y, 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-0.85%
0.87%
9.04%
--
--
--
Nifty 500
-3.16%
-0.83%
9.82%
-1.63%
13.83%
19.6%
Equity - Other Avg
--
--
--
--
--
--
Best in Equity - Other
2.43%
11.84%
43.18%
13.99%
32.61%
32.29%
Worst in Equity - Other
-7.6%
-2.68%
-2.33%
-16.05%
7.61%
13.15%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
ICICI Prudential Equity Minimum Variance Fund
-
3,680Cr
0.69%
-
-
--
--
--
--
--
Nippon India Quant Fund Direct Growth
3/40
101Cr
0.41%
2.6%
20.29%
6.44
0.99
1.08
1.91
2.20
Tata Business Cycle Fund Direct Growth
6/40
2,898Cr
0.49%
-2.7%
21.1%
5.22
0.96
1.12
1.92
1.51
Aditya Birla Sun Life Special Opportunities Fund Dir Direct Growth
7/40
801Cr
1.33%
5.68%
18.14%
2.39
0.98
0.90
1.51
0.71

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

ICICI Prudential Equity Minimum Variance Fund Asset Allocation

See fund asset allocation details as on (14-Aug-25)

Fund Distribution

as on (14-Aug-25)

Equity 88.1%

Debt & Cash 11.9%

Large cap
84.8%

Mid cap
2.3%

Mid Cap allocation has gone up from 0% to 2.3%
Mid Cap allocation has gone up from 0% to 2.3%
Large Cap allocation has gone down from 88.3% to 84.8%
Large Cap allocation has gone down from 88.3% to 84.8%
Cash allocation has gone up from 10.7% to 11.9%
Cash allocation has gone up from 10.7% to 11.9%

ICICI Prudential Equity Minimum Variance Fund Sector Allocation

See fund sector allocation details as on (14-Aug-25)

Sector Allocation

Equity 88.1%

Debt & Cash 11.9%

Financial Services
30.6%
Tech
18.1%
Consumer Defensive
11.1%
Health
9.4%
Consumer Cyclical
6.6%
Energy
5.9%
Utilities
5.5%
Basic Materials
5.4%
Communication
4.2%
Industrial
3.2%

Top 3 Sectors in July were Financial Services, Government & Tech

Jul'25

Financial Services

27%

Tech

16%

Consumer Defensive

11%

Jun'25

Financial Services

30%

Government

19%

Tech

15%

ICICI Prudential Equity Minimum Variance Fund Holdings Details

as on (31-Jul-25)

Equity

Debt & Cash

Holdings
Weight%
1M Change
ICICI Bank Ltd
5.5%
-25%
Infosys Ltd
5.32%
36.7%
Reliance Industries Ltd
5.14%
0%
ITC Ltd
4.48%
0%
Tata Consultancy Services Ltd
4.43%
0%
Top Stocks bought last month
Infosys Ltd's allocation increased from 4.04% to 5.32%
Infosys Ltd's allocation increased from 4.04% to 5.32%
Asian Paints Ltd's allocation increased from 1.8% to 2.86%
Asian Paints Ltd's allocation increased from 1.8% to 2.86%
Hindustan Unilever Ltd's allocation increased from 2.66% to 3.41%
Hindustan Unilever Ltd's allocation increased from 2.66% to 3.41%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 6.98 % to 5.5 %
ICICI Bank Ltd's allocation decreased from 6.98 % to 5.5 %
Reliance Industries Ltd's allocation decreased from 5.41 % to 5.14 %
Reliance Industries Ltd's allocation decreased from 5.41 % to 5.14 %
Tata Consultancy Services Ltd's allocation decreased from 4.94 % to 4.43 %
Tata Consultancy Services Ltd's allocation decreased from 4.94 % to 4.43 %

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 ratio0.69%
Benchmark
Nifty 50 TR INR
AUM₹3680 Cr
Inception Date6 December, 2024
Min Lumpsum/SIP₹5000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
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, Nitya Mishra. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Equity Minimum Variance Fund Direct Growth has ₹3680 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

ICICI Prudential Equity Minimum Variance Fund Direct Growth has given a CAGR return of 4.90% since inception.

Holdings

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

Nitya Mishra

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

Learn more about ICICI Mutual Fund
Parameters
Jul'25
Jun'25
May'25
AUM
₹ 3.7K Cr
₹ 3.8K Cr
₹ 3.6K Cr
  • AUM of the fund stands at 3.7K Cr as of Jul'25
  • AUM decreased by 89.6 Cr between Jul'25 and Jun'25

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

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

INDmoney makes it simple to invest in the ICICI Prudential Equity Minimum Variance Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘ICICI Prudential Equity Minimum Variance Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

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

The NAV of the fund today is ₹10.49. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

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

The fund managers are Vaibhav Dusad, Nitya Mishra.

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-12 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.69%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹3680 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

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

The top 3 holdings of the fund are ICICI Bank Ltd(5.5%), Infosys Ltd(5.32%), Reliance Industries Ltd(5.14%)