ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth
Equity
Direct
Global - Other
NAV: ₹ 25.8 as on 30-04-2024
About the Fund
ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth is an equity fund. This fund was started on 13 September, 2013. The fund is managed by Rohan Maru. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth has ₹122 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 1.5.
Fund Performance
16 people have invested ₹ 1.5L in ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth in the last three months
Overview
 | 1.45% |
 Benchmark | MSCI World NR LCL |
 | ₹122 Cr |
 | 13 September, 2013 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0.95% |
ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth Distribution as on (31-Dec-69)
Size breakup
Large cap
72.8%
Mid cap
20.9%
Small cap
5.7%
Sector Allocation
Health
22.7%
Communication
17%
Consumer Defensive
16.6%
Tech
14.7%
Utilities
7.7%
Consumer Cyclical
7.1%
Industrial
6.5%
Financial Services
6.3%
Basic Materials
0.8%
Real Estate
0.7%
Top Holdings of ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth as on (30-Apr-24)
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Nordea 1 - Global Stable Equity Z USD | 99.82% | -0.6% |
Mutual Fund Insights
In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 21.5% return, outperforming this fund by 11.27% per annum.
Over the last 6 months, this fund has decreased expense ratio by 25.3% moving from 1.94 to 1.45.
In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 95.58% return, outperforming this fund by 89.45%.
Over the last 1 month, this fund has experienced a 2.8% growth in AUM moving from 118.75 Cr to 122.03 Cr.
In the last 3 years, Kotak NASDAQ 100 Fund of Fund Direct Growth has given 12.92% return, outperforming this fund by 6% per annum.
INDmoney Rank
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IND ranking is not available for this fund.
Pros
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Rohan Maru
Fund Manager of ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth, since 19 September 2013
Top funds managed
ICICI Prudential Global Stable Equity Fund(FOF) Direct 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 9.33% since inception which is more than its category average return of 6.93%
Fund Allocations
This fund has an allocation of 99.4% in Equity, 0% in Debt and 0.6% in Cash related instruments
AUM size ₹122 Cr
This fund has AUM of ₹122 Cr which is less than its category average of ₹ 511 Cr
Expense Ratio 1.45%
This fund has an expense ratio of 1.45% which is more than its category average expense ratio of 1.4%
Frequently Asked Questions
The current NAV of ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth is ₹25.8 as on 30-Apr-2024.
Existing (Absolute + CAGR) as on 30-Apr-2024.
ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.62% | -3.62% |
6 Month Returns | 10.82% | 10.82% |
1 Year Returns | 6.13% | 6.13% |
3 Years Returns | 22.22% | 6.92% |
5 Years Returns | 62.78% | 10.23% |
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1.45% as on April 2024
₹122 Cr as on April 2024
Health(22.51%), Communication(16.87%), Consumer Defensive(16.49%) as on April 2024
The alpha ratio for the ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth | - | - | - |
As on April 2024
The alpha for ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth is calculated against MSCI World NR LCL. 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 Global Stable Equity Fund(FOF) Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth | - | - | - |
As on April 2024
The Beta for ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth is calculated with MSCI World NR LCL. 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 Global Stable Equity Fund(FOF) Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth | - | - | - |
As on April 2024
The sharpe ratio for ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth is calculated with MSCI World NR LCL. 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 Global Stable Equity Fund(FOF) Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth | 11.59 | 11.21 | 13.39 |
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.
Rohan Maru is the fund manager of ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth
The Exit load of ICICI Prudential Global Stable Equity Fund(FOF) Direct Growth is 1%