ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth
Equity
Direct
Equity - Esg
NAV as on 19-12-2024
₹ 23.04
1D
Inception Returns
22%
/yr
About ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth is an equity fund. This fund was started on 9 October, 2020. The fund is managed by Mittul Kalawadia. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth has ₹1557 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 1.
Returns
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth has given a CAGR return of 22.02% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 26.87% and 18.35% respectively.
Holdings
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Communication, Industrial, Health, Basic Materials, Consumer Defensive, Utilities, Energy. Its top holdings are Sun Pharmaceuticals Industries Ltd, HDFC Bank Ltd, Bharti Airtel Ltd, ICICI Bank Ltd, Inox Wind Ltd
Taxation
As it is a equity - esg 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 ESG Exclusionary Strategy Fund Direct Growth
To generate long-term capital appreciation by investing in a diversified basket of companies identified based on the Environmental, Social and Governance (ESG) theme following Exclusion Strategy.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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281 people have invested ₹ 69.7L in ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth in the last three months
INDmoney Rank for ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
Larger AUM within category
No bad points found for this fund.
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth Overview
| Expense ratio | 1.01% |
Benchmark | Morningstar India Sustain NR INR |
| AUM | ₹1557 Cr |
| Inception Date | 9 October, 2020 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 35.78% |
| STCG | Selling mutual fund 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 (19-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
64.8%
Small cap
25.3%
Mid cap
2.5%
Sector Allocation
Financial Services
25.7%
Consumer Cyclical
14.8%
Tech
13.7%
Communication
11%
Industrial
10.9%
Health
10.1%
Basic Materials
4.8%
Consumer Defensive
3.6%
Utilities
3.4%
Energy
2.1%
All changes are between Oct'69 and Dec'69
- AUM of the fund stands at 1.6K Cr as of Nov'24
- AUM has remained same between Nov'24 and Oct'24
Mid Cap allocation has gone up from 2.5% to 2.5%
Large Cap allocation has gone up from 64.6% to 64.8%
Small Cap allocation has gone down from 26.7% to 25.3%
Cash allocation has gone up from 2.3% to 2.8%
Top 3 Sectors in November were Financial Services, Consumer Cyclical & Tech
Nov'24
Financial Services
26%
Consumer Cyclical
15%
Tech
14%
Oct'24
Financial Services
25%
Consumer Cyclical
14%
Tech
13%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 8.5% |
 HDFC Bank Ltd | 3.9% |
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Mittul Kalawadia
Fund Manager of ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth, since 1 March 2022
Top funds managed
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.23L Cr
as on 29-Nov-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 ESG Exclusionary Strategy 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 22.02% since inception which is more than its category average return of 18.3%
Fund Allocations
This fund has an allocation of 97.17% in Equity, 0% in Debt and 2.83% in Cash related instruments
AUM size ₹1557 Cr
This fund has AUM of ₹1557 Cr which is more than its category average of ₹ 1282 Cr
Expense Ratio 1.01%
This fund has an expense ratio of 1.01% which is less than its category average expense ratio of 1.51%
Frequently Asked Questions for ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth
The current NAV of ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth is ₹23.04 as on 19-Dec-2024.
Existing (Absolute + CAGR) as on 19-Dec-2024.
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.63% | 2.63% |
6 Month Returns | 11.09% | 11.09% |
1 Year Returns | 26.87% | 26.87% |
3 Years Returns | 65.76% | 18.35% |
5 Years Returns | 0% | 0% |
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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1.01% as on November 2024
₹1557 Cr as on November 2024
Sun Pharmaceuticals Industries Ltd(8.09%), HDFC Bank Ltd(7.3%), Bharti Airtel Ltd(7.29%), ICICI Bank Ltd(7.24%), Inox Wind Ltd(4.91%) as on November 2024
Financial Services(24.95%), Consumer Cyclical(14.38%), Tech(13.33%) as on November 2024
The alpha ratio for the ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth | 8.75 | 5.68 | - |
As on November 2024
The alpha for ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth is calculated against Morningstar India Sustain NR 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 ESG Exclusionary Strategy Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth | 0.89 | 0.81 | - |
As on November 2024
The Beta for ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth is calculated with Morningstar India Sustain NR 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 ESG Exclusionary Strategy 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 ESG Exclusionary Strategy Fund Direct Growth | 1.71 | 0.88 | - |
As on November 2024
The sharpe ratio for ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth is calculated with Morningstar India Sustain NR 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 ESG Exclusionary Strategy 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 ESG Exclusionary Strategy Fund Direct Growth | 13.48 | 12.66 | - |
As on November 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 November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.86 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Mittul Kalawadia is the fund manager of ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth
The Exit load of ICICI Prudential ESG Exclusionary Strategy Fund Direct Growth is 1%