ICICI Prudential Focused Equity Fund Direct Plan Growth
Equity
Direct
Focused Fund
NAV: ₹ 87.64 as on 16-05-2024
About the Fund
ICICI Prudential Focused Equity Fund Direct Plan Growth is an equity fund. This fund was started on 10 January, 2013. The fund is managed by Anish Tawakley, Vaibhav Dusad. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Focused Equity Fund Direct Plan Growth has ₹7872 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Fund Performance
2102 people have invested ₹ 2.3Cr in ICICI Prudential Focused Equity Fund Direct Plan Growth in the last three months
Overview
 | 0.56% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹7872 Cr |
 | 10 January, 2013 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 77.67% |
ICICI Prudential Focused Equity Fund Direct Plan Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
71.3%
Mid cap
27.1%
Sector Allocation
Financial Services
23.4%
Health
19%
Industrial
14.9%
Consumer Cyclical
8.3%
Communication
7.5%
Consumer Defensive
6.5%
Real Estate
5%
Tech
4.7%
Energy
4.5%
Utilities
3.6%
Basic Materials
2.5%
Top Holdings of ICICI Prudential Focused Equity Fund Direct Plan Growth as on (30-Apr-24)
Equity Holdings29
Debt Holdings1
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Axis Bank Ltd | 6.1% |
 Bharti Airtel Ltd | 4.9% |
 ICICI Bank Ltd | 3.9% |
Top Losers | 1M Return |
|---|---|
 Larsen & Toubro Ltd | -6.2% |
 Infosys Ltd | -3% |
 Sun Pharmaceuticals Industries Ltd | 0.3% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 2.34% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
- This fund underperformed Nifty 500 by 0.12% in Apr'24
AUM Change
- AUM of the fund stands at 7.9K Cr as of Apr'24
- AUM increased by 289.5 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 6 months, this fund has decreased expense ratio by 16.4% moving from 0.67 to 0.56.
In the last 1 year, Invesco India Focused Fund Direct Growth has given 65.27% return, outperforming this fund by 19.7%.
This fund has one of the lowest expense ratio in the category (focused fund). Its expense ratio is 0.56% which is lower than the category average expense ratio of 1.27%.
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 30.04% return, outperforming this fund by 5.01% per annum.
Over the last 6 months, this fund has experienced a 40.9% growth in AUM moving from 5.58K Cr to 7.87K Cr.
In the last 5 years, Quant Focused fund Growth Option Direct Plan has given 25.22% return, outperforming this fund by 2.8% per annum.
INDmoney Rank
Powered by IND quant engine
3
/17
80% Performance
54% Risk Management
93% Cost
3 out of 17 among focused fund
Pros
Lower probablity of downside risk
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Anish Tawakley
Fund Manager of ICICI Prudential Focused Equity Fund Direct Plan Growth, since 1 May 2023
Top funds managed
Vaibhav Dusad
Fund Manager of ICICI Prudential Focused Equity Fund Direct Plan Growth, since 8 August 2022
Top funds managed
ICICI Prudential Focused Equity Fund Direct Plan Growth 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 16.47% since inception which is more than its category average return of 16.16%
Fund Allocations
This fund has an allocation of 98.41% in Equity, 0% in Debt and 1.59% in Cash related instruments
AUM size ₹7872 Cr
This fund has AUM of ₹7872 Cr which is more than its category average of ₹ 4296 Cr
Expense Ratio 0.56%
This fund has an expense ratio of 0.56% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of ICICI Prudential Focused Equity Fund Direct Plan Growth is ₹87.64 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
ICICI Prudential Focused Equity Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2% | 2% |
6 Month Returns | 27.7% | 27.7% |
1 Year Returns | 45.58% | 45.58% |
3 Years Returns | 95.46% | 25.03% |
5 Years Returns | 174.96% | 22.42% |
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0.56% as on April 2024
₹7872 Cr as on April 2024
ICICI Bank Ltd(9.01%), Sun Pharmaceuticals Industries Ltd(6.89%), Infosys Ltd(4.6%), Reliance Industries Ltd(4.45%), Bharti Airtel Ltd(4.15%) as on April 2024
Financial Services(23.05%), Health(18.75%), Industrial(14.65%) as on April 2024
The alpha ratio for the ICICI Prudential Focused Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Focused Equity Fund Direct Plan Growth | 10.08 | 5.88 | 4.53 |
As on April 2024
The alpha for ICICI Prudential Focused Equity Fund Direct Plan Growth is calculated against S&P BSE 500 India 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%.
The Beta ratio for the ICICI Prudential Focused Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Focused Equity Fund Direct Plan Growth | 0.86 | 0.9 | 0.83 |
As on April 2024
The Beta for ICICI Prudential Focused Equity Fund Direct Plan Growth is calculated with S&P BSE 500 India 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.
The sharpe ratio for the ICICI Prudential Focused Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Focused Equity Fund Direct Plan Growth | 3.17 | 1.47 | 0.95 |
As on April 2024
The sharpe ratio for ICICI Prudential Focused Equity Fund Direct Plan Growth is calculated with S&P BSE 500 India 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.
The standard deviation for the ICICI Prudential Focused Equity Fund Direct Plan Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Focused Equity Fund Direct Plan Growth | 10.47 | 12.75 | 16.67 |
As on April 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.
Sortino ratio is 2.98 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.2 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Anish Tawakley, Vaibhav Dusad are the fund managers of ICICI Prudential Focused Equity Fund Direct Plan Growth
The Exit load of ICICI Prudential Focused Equity Fund Direct Plan Growth is 1%