ICICI Prudential Energy Opportunities Fund Direct Growth
Equity
Direct
Sector - Energy
NAV as on 05-09-2024
₹ 10.2
1D
Inception Returns
2.7%
/yr
About the Fund
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
- ICICI Prudential Energy Opportunities Fund Direct Growth has ₹8532 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
ICICI Prudential Energy Opportunities Fund Direct Growth has given a CAGR return of 2.70% since inception.
Holdings
ICICI Prudential Energy Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Energy, Utilities, Financial Services, Government, Industrial, Basic Materials. Its top holdings are Reliance Industries Ltd, HDFC Bank Ltd, Power Grid Corp Of India Ltd, Oil & Natural Gas Corp Ltd, NTPC 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 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 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
INDmoney Rank
Fund Overview
| Expense ratio | 0.45% |
Benchmark | S&P BSE Oil and Gas INR |
| AUM | ₹8532 Cr |
| Inception Date | 22 July, 2024 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Moderately High risk |
Trailing Returns
as on (05-Sep-24)
Fund Distribution
as on (31-Jul-24)
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
ICICI Prudential Energy Opportunities Fund Direct Growth | - | - | - | 2.7% |
Top Growth Drivers | 1M Return |
|---|---|
 Gujarat State Petronet Ltd | 32.1% |
 Hindustan Petroleum Corporation Ltd | 14.5% |
 Bharat Petroleum Corporation Ltd | 4.6% |
ICICI Prudential Energy Opportunities Fund Direct Growth Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 0.45%
Frequently Asked Questions
ICICI Prudential Energy Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.01% | 3.01% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Energy Opportunities Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Energy Opportunities Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Energy Opportunities Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Energy Opportunities Fund Direct Growth | - | - | - |