ICICI Prudential S&P BSE Sensex Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 24.05 as on 16-05-2024
About the Fund
ICICI Prudential S&P BSE Sensex Index Fund Direct Growth is an equity fund. This fund was started on 21 September, 2017. The fund is managed by Nishit Patel. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential S&P BSE Sensex Index Fund Direct Growth has ₹1486 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
- The fund has an expense ratio 0.2.
Fund Performance
17959 people have invested ₹ 2.5Cr in ICICI Prudential S&P BSE Sensex Index Fund Direct Growth in the last three months
Overview
 | 0.18% |
 Benchmark | S&P BSE SENSEX TR INR |
 | ₹1486 Cr |
 | 21 September, 2017 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 15.93% |
ICICI Prudential S&P BSE Sensex Index Fund Direct Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
100.1%
Sector Allocation
Financial Services
37.8%
Tech
13.9%
Energy
11.9%
Consumer Cyclical
8.4%
Consumer Defensive
8.2%
Basic Materials
5.4%
Industrial
5%
Communication
3.9%
Utilities
3.6%
Health
1.9%
Top Holdings of ICICI Prudential S&P BSE Sensex Index Fund Direct Growth as on (30-Apr-24)
Equity Holdings30
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Axis Bank Ltd | 6.1% |
 ICICI Bank Ltd | 3.9% |
Top Losers | 1M Return |
|---|---|
 Kotak Mahindra Bank Ltd | -8.4% |
 Larsen & Toubro Ltd | -6.2% |
 Infosys Ltd | -3% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 1.11% whereas the fund’s underlying benchmark S&P BSE Sensex returns stands at 0.64% as on Apr'24
- This fund outperformed S&P BSE Sensex by 0.47% in Apr'24
AUM Change
- AUM of the fund stands at 1.4K Cr as of Apr'24
- AUM increased by 78.4 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.18% which is lower than the category average expense ratio of 0.32%.
In the last 5 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 18.77% return, outperforming this fund by 3.21% per annum.
In the last 1 year, Motilal Oswal S&P BSE Enhanced Value Index Fund Direct Growth has given 92.47% return, outperforming this fund by 73.66%.
Over the last 6 months, this fund has experienced a 32.6% growth in AUM moving from 1.12K Cr to 1.48K Cr.
Over the last 3 months, this fund has increased expense ratio by 12.5% moving from 0.16 to 0.18.
In the last 3 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 20.1% return, outperforming this fund by 4.65% per annum.
INDmoney Rank
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IND ranking is not available for this fund.
Pros
Beats FD returns for both 3Y & 5Y duration
Cons
3Y returns in the bottom 25% of the category
Peer Analysis
Fund Manager
Nishit Patel
Fund Manager of ICICI Prudential S&P BSE Sensex Index Fund Direct Growth, since 18 January 2021
Top funds managed
ICICI Prudential S&P BSE Sensex Index Fund 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 13.91% since inception which is less than its category average return of 18.23%
Fund Allocations
This fund has an allocation of 100.06% in Equity, 0% in Debt and -0.06% in Cash related instruments
AUM size ₹1486 Cr
This fund has AUM of ₹1486 Cr which is more than its category average of ₹ 723 Cr
Expense Ratio 0.18%
This fund has an expense ratio of 0.18% which is less than its category average expense ratio of 0.5%
Frequently Asked Questions
The current NAV of ICICI Prudential S&P BSE Sensex Index Fund Direct Growth is ₹24.05 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
ICICI Prudential S&P BSE Sensex Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.8% | -1.8% |
6 Month Returns | 12.36% | 12.36% |
1 Year Returns | 18.81% | 18.81% |
3 Years Returns | 53.88% | 15.45% |
5 Years Returns | 106.03% | 15.55% |
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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0.18% as on April 2024
₹1486 Cr as on April 2024
HDFC Bank Ltd(13.52%), Reliance Industries Ltd(11.87%), ICICI Bank Ltd(9.49%), Infosys Ltd(5.95%), Larsen & Toubro Ltd(4.99%) as on April 2024
Financial Services(37.8%), Tech(13.94%), Energy(11.87%) as on April 2024
The alpha ratio for the ICICI Prudential S&P BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential S&P BSE Sensex Index Fund Direct Growth | -0.22 | -0.28 | -0.16 |
As on April 2024
The alpha for ICICI Prudential S&P BSE Sensex Index Fund Direct Growth is calculated against S&P BSE SENSEX 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 S&P BSE Sensex Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential S&P BSE Sensex Index Fund Direct Growth | 1 | 1 | 0.99 |
As on April 2024
The Beta for ICICI Prudential S&P BSE Sensex Index Fund Direct Growth is calculated with S&P BSE SENSEX 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 S&P BSE Sensex Index 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 S&P BSE Sensex Index Fund Direct Growth | 1.42 | 0.82 | 0.58 |
As on April 2024
The sharpe ratio for ICICI Prudential S&P BSE Sensex Index Fund Direct Growth is calculated with S&P BSE SENSEX 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 S&P BSE Sensex Index 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 S&P BSE Sensex Index Fund Direct Growth | 10.31 | 12.73 | 18.25 |
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 1.59 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Nishit Patel is the fund manager of ICICI Prudential S&P BSE Sensex Index Fund Direct Growth
The Exit load of ICICI Prudential S&P BSE Sensex Index Fund Direct Growth is 0%