ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth
Equity
Direct
Equity - Consumption
NAV as on 16-10-2024
₹ 28.64
▲0.4%
1D
Inception Returns
21.2%
/yr
About the Fund
ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth is an equity fund. This fund was started on 15 April, 2019. The fund is managed by Dharmesh Kakkad, Sankaran Naren, Priyanka Khandelwal. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth has ₹2895 Cr worth of assets under management (AUM) as on Sep 2024 and is more than category average.
- The fund has an expense ratio 1.1.
Returns
ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth has given a CAGR return of 21.21% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 40.87%, 22.51% and 22.73% respectively.
Holdings
ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Securitize, Health, Communication, Basic Materials, Industrial, Utilities, Real Estate. Its top holdings are Hindustan Unilever Ltd, Maruti Suzuki India Ltd, Nestle India Ltd, Bharti Airtel Ltd, Zomato Ltd
Taxation
As it is a equity - consumption mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth
The investment objective of the Scheme is to provide capital appreciation by investing predominantly in equity and equity related instruments of sectors that could benefit from growth in consumption and related activities. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
467 people have invested ₹ 1.3Cr in ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth in the last three months
INDmoney Rank
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Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Fund Overview
| Expense ratio | 1.11% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹2895 Cr |
| Inception Date | 15 April, 2019 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 137.64% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (16-Oct-24)
Fund Distribution
as on (30-Sep-24)
Large cap
61%
Small cap
19.6%
Mid cap
4.5%
Sector Allocation
Consumer Cyclical
36.3%
Consumer Defensive
30.4%
Health
10%
Communication
8.5%
Basic Materials
5.7%
Industrial
4.4%
Utilities
2.6%
Real Estate
2.1%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 4.88% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
- This fund outperformed Nifty 500 by 2.84% in Sep'24
- AUM of the fund stands at 2.9K Cr as of Sep'24
- AUM increased by 158.2 Cr between Sep'24 and Aug'24
Top Stocks bought last month
Nestle India Ltd's allocation increased from 1.01% to 4.83%
Zomato Ltd's allocation increased from 1.68% to 3.65%
Mahindra & Mahindra Ltd's allocation increased from 2.34% to 3.19%
Top Stocks sold last month
Hindustan Unilever Ltd's allocation decreased from 8.33 % to 7.55 %
Bharti Airtel Ltd's allocation decreased from 5.31 % to 3.89 %
ITC Ltd's allocation decreased from 3.22 % to 3.14 %
Large Cap allocation has gone down from 63.2% to 61%
Small Cap allocation has gone up from 13.2% to 19.6%
Mid Cap allocation has gone down from 12.5% to 4.5%
Cash allocation has gone up from 8% to 11.6%
Debt allocation has gone down from 3.1% to 2.9%
Top 3 Sectors in September were Consumer Defensive, Consumer Cyclical & Securitize
Sep'24
Consumer Cyclical
36%
Consumer Defensive
30%
Securitize
19%
Aug'24
Consumer Defensive
32%
Consumer Cyclical
31%
Securitize
28%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Maruti Suzuki India Ltd | 2% |
 Zomato Ltd | 0.9% |
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Dharmesh Kakkad
Fund Manager of ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth, since 2 May 2022
Top funds managed
Sankaran Naren
Fund Manager of ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth, since 2 May 2022
Top funds managed
Priyanka Khandelwal
Fund Manager of ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth, since 15 April 2019
Top funds managed
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.1L Cr
as on 30-Sep-2024
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com
Mutual Fund Insights
Over the last 1 year, this fund has decreased expense ratio by 27.9% moving from 1.54 to 1.11.
This fund has one of the lowest expense ratio in the category (equity - consumption). Its expense ratio is 1.11% which is lower than the category average expense ratio of 1.4%.
Over the last 6 months, this fund has experienced a 26.8% growth in AUM moving from 2.28K Cr to 2.89K Cr.
In the last 5 years, Nippon India Consumption Fund - Direct Plan - Growth Plan has given 27.32% return, outperforming this fund by 4.59% per annum.
In the last 1 year, HSBC Consumption Fund Direct Growth has given 51.77% return, outperforming this fund by 10.9%.
In the last 3 years, SBI Consumption Opportunities Fund Direct Plan Growth has given 26.36% return, outperforming this fund by 3.84% per annum.
ICICI Prudential Bharat Consumption Fund Cumulative 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 21.21% since inception which is more than its category average return of 20.87%
Fund Allocations
This fund has an allocation of 85.52% in Equity, 2.88% in Debt and 11.6% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 1952 Cr
Expense Ratio 1.11%
This fund has an expense ratio of 1.11% which is less than its category average expense ratio of 1.27%
Frequently Asked Questions
The current NAV of ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth is ₹28.64 as on 16-Oct-2024.
Existing (Absolute + CAGR) as on 16-Oct-2024.
ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.14% | -0.14% |
6 Month Returns | 22.14% | 22.14% |
1 Year Returns | 40.87% | 40.87% |
3 Years Returns | 83.87% | 22.51% |
5 Years Returns | 178.47% | 22.73% |
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1.11% as on September 2024
₹2895 Cr as on September 2024
Hindustan Unilever Ltd(7.55%), Maruti Suzuki India Ltd(6.51%), Nestle India Ltd(4.83%), Bharti Airtel Ltd(3.89%), Zomato Ltd(3.65%) as on September 2024
Consumer Cyclical(31.04%), Consumer Defensive(26.02%), Health(8.58%) as on September 2024
The alpha ratio for the ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth | 0.08 | 7.44 | 3.34 |
As on September 2024
The alpha for ICICI Prudential Bharat Consumption Fund Cumulative Direct 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 Bharat Consumption Fund Cumulative Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth | 0.86 | 0.64 | 0.85 |
As on September 2024
The Beta for ICICI Prudential Bharat Consumption Fund Cumulative Direct 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 Bharat Consumption Fund Cumulative Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth | 3.44 | 1.75 | 1.17 |
As on September 2024
The sharpe ratio for ICICI Prudential Bharat Consumption Fund Cumulative Direct 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 Bharat Consumption Fund Cumulative Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth | 9.29 | 10.08 | 14.63 |
As on September 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 3.87 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.39 as on September 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Dharmesh Kakkad, Sankaran Naren, Priyanka Khandelwal are the fund managers of ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth
The Exit load of ICICI Prudential Bharat Consumption Fund Cumulative Direct Growth is 1%