ICICI Prudential Energy Opportunities Fund Direct Growth

ICICI Prudential Energy Opportunities Fund Direct Growth

Equity

Direct

Sector - Energy

NAV as on 19-11-2024

₹ 9.52

▼-0.1%

1D

Inception Returns

-4.8%

/yr

About ICICI Prudential Energy Opportunities Fund Direct Growth

ICICI Prudential Energy Opportunities Fund Direct Growth is an equity fund. This fund was started on 22 July, 2024. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Energy Opportunities Fund Direct Growth has ₹9958 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

ICICI Prudential Energy Opportunities Fund Direct Growth has given a CAGR return of -4.80% since inception.

Holdings

ICICI Prudential Energy Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Energy, Utilities, Industrial, Basic Materials, Financial Services, Tech. Its top holdings are Reliance Industries Ltd, Oil & Natural Gas Corp Ltd, NTPC Ltd, Power Grid Corp Of India Ltd, Bharat Petroleum Corp Ltd

Taxation

As it is a sector - energy 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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of ICICI Prudential Energy Opportunities Fund Direct Growth

The investment objective of the Scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies engaging in activities such as exploration, production, distribution, transportation and processing of traditional & new energy including but not limited to industries/sectors such as oil & gas, utilities and power.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential Energy Opportunities Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised
▲
▼

zero opening, trading, fund transfer fee
5547 people have invested ₹ 4.8Cr in ICICI Prudential Energy Opportunities Fund Direct Growth in the last three months

INDmoney Rank for ICICI Prudential Energy Opportunities Fund Direct Growth

Powered by IND quant engine
IND ranking is not available for this fund.
img
Among most bought funds within the category
img
No bad points found for this fund.

ICICI Prudential Energy Opportunities Fund Direct Growth Overview

Expense ratio0.44%
Benchmark
S&P BSE Oil and Gas INR
AUM₹9958 Cr
Inception Date22 July, 2024
Min Lumpsum/SIP₹5000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (19-Nov-24)

Period
ICICI Prudential Energy Opportunities Fund Direct Growth
Nifty 500
sector - energy
1M
-6.1%
-6.1%
-9.1%
3M
-6%
-5.5%
-9.1%

Fund Distribution

as on (31-Oct-24)

  • Equity 89.4%

  • Debt & Cash 10.6%

Large cap
63%
Mid cap
12.9%
Small cap
12.8%
Sector Allocation

Oct'24

Sep'24

Aug'24

Energy
52.3%
Utilities
25%
Industrial
17.9%
Basic Materials
2.6%
Financial Services
1.4%
Tech
0.8%

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
Reliance Industries Ltd
Reliance Industries Ltd
19.75%
0%
Oil & Natural Gas Corp Ltd
Oil & Natural Gas Corp Ltd
8.27%
0%
NTPC Ltd
NTPC Ltd
6.98%
0%
Power Grid Corp Of India Ltd
Power Grid Corp Of India Ltd
4.83%
0%
Bharat Petroleum Corp Ltd
Bharat Petroleum Corp Ltd
4.81%
-6.5%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
ICICI Prudential Energy Opportunities Fund Direct Growth
ICICI Prudential Energy Opportunities Fund Direct Growth
-
-
-
-4.8%

  • Gainers

  • Losers

Top Growth Drivers
1M Return
GE Vernova T&D India Ltd
GE Vernova T&D India Ltd
7.3%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
48
54
42
Top 5 Company Concentration
44.6%
47.6%
50.6%
Company having highest exposure
Reliance Industries Ltd (19.8%)
Reliance Industries Ltd (20.8%)
Reliance Industries Ltd (23%)
No of Sectors
6
6
7
Top 5 Sectors Concentration
99.2%
99.7%
99.8%
Sector having highest exposure
Energy (52.3%)
Energy (55.8%)
Energy (60.3%)
Loading...
We are taking more time than usual
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
94
See all ICICI schemes
Total AUM
₹8.35L Cr
as on 31-Oct-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

ICICI Prudential Energy Opportunities Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 89.38% in Equity, 0% in Debt and 10.62% in Cash related instruments
AUM size ₹9958 Cr

AUM size ₹9958 Cr

This fund has AUM of ₹9958 Cr which is more than its category average of ₹ 7344 Cr
Expense Ratio 0.44%

Expense Ratio 0.44%

This fund has an expense ratio of 0.44% which is less than its category average expense ratio of 1.56%

Frequently Asked Questions for ICICI Prudential Energy Opportunities Fund Direct Growth

The current NAV of ICICI Prudential Energy Opportunities Fund Direct Growth is ₹9.52 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
ICICI Prudential Energy Opportunities Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-6.11%
-6.11%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.44% as on October 2024
₹9958 Cr as on October 2024
Reliance Industries Ltd(19.75%), Oil & Natural Gas Corp Ltd(8.27%), NTPC Ltd(6.98%), Power Grid Corp Of India Ltd(4.83%), Bharat Petroleum Corp Ltd(4.81%) as on October 2024
Energy(46.71%), Utilities(22.31%), Industrial(16.03%) as on October 2024
The alpha ratio for the ICICI Prudential Energy Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Energy Opportunities Fund Direct Growth
-
-
-
As on October 2024
The alpha for ICICI Prudential Energy Opportunities Fund Direct Growth is calculated against S&P BSE Oil and Gas 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 Energy Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Energy Opportunities Fund Direct Growth
-
-
-
As on October 2024
The Beta for ICICI Prudential Energy Opportunities Fund Direct Growth is calculated with S&P BSE Oil and Gas 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 Energy Opportunities 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 Energy Opportunities Fund Direct Growth
-
-
-
As on October 2024
The sharpe ratio for ICICI Prudential Energy Opportunities Fund Direct Growth is calculated with S&P BSE Oil and Gas 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 Energy Opportunities 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 Energy Opportunities Fund Direct Growth
-
-
-
As on October 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.
The Exit load of ICICI Prudential Energy Opportunities Fund Direct Growth is 1%