ICICI Prudential Exports and Services Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 05-09-2024
₹ 177.82
▲0.2%
1D
Inception Returns
21%
/yr
About the Fund
ICICI Prudential Exports and Services Fund Direct Growth is an equity fund. This fund was started on 8 January, 2013. The fund is managed by Priyanka Khandelwal, Sankaran Naren. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Exports and Services Fund Direct Growth has ₹1382 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 1.7.
Returns
ICICI Prudential Exports and Services Fund Direct Growth has given a CAGR return of 20.96% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 46.09%, 23.30% and 25.68% respectively.
Holdings
ICICI Prudential Exports and Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Industrial, Tech, Utilities, Communication, Energy, Government, Consumer Cyclical, Consumer Defensive, Real Estate, Basic Materials. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Bajaj Finserv Ltd, Reliance Industries Ltd, Sun Pharmaceuticals Industries Ltd
Taxation
As it is a equity - other 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 Exports and Services Fund Direct Growth
To generate capital appreciation and income distribution to unit holders by investing predominantly in equity/equity related securities of the companies belonging to Exports & Services industry. 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 Exports and Services Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
227 people have invested ₹ 19.1L in ICICI Prudential Exports and Services Fund Direct Growth in the last three months
INDmoney Rank
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Beats FD returns for both 3Y & 5Y duration
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Fund Overview
| Expense ratio | 1.68% |
Benchmark | BSE 500 TR INR |
| AUM | ₹1382 Cr |
| Inception Date | 8 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 112.84% |
| 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 (05-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
67.5%
Mid cap
12.4%
Small cap
8.8%
Sector Allocation
Financial Services
41.2%
Health
14.2%
Industrial
8.7%
Tech
7.8%
Utilities
6.6%
Communication
6.5%
Energy
6.1%
Consumer Cyclical
3.8%
Consumer Defensive
3.1%
Real Estate
1%
Basic Materials
1%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 5.57% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 2.04% in Jul'24
- AUM of the fund stands at 1.4K Cr as of Jul'24
- AUM increased by 77.5 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Bajaj Finserv Ltd's allocation increased from 1.62% to 5.69%
HDFC Bank Ltd's allocation increased from 6.64% to 9.25%
Chalet Hotels Ltd's allocation increased from 0.49% to 1.11%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 7.36 % to 7.04 %
Reliance Industries Ltd's allocation decreased from 6.17 % to 5.6 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 6.24 % to 5.56 %
Small Cap allocation has gone down from 8.4% to 8.2%
Large Cap allocation has gone down from 70.3% to 68.1%
Cash allocation has gone up from 9.4% to 10.8%
Top 3 Sectors in July were Financial Services, Health & Industrial
Jul'24
Financial Services
41%
Health
14%
Industrial
9%
Jun'24
Financial Services
38%
Health
15%
Industrial
10%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Bajaj Finserv Ltd | 19.4% |
 HCL Technologies Ltd | 14.3% |
 Sun Pharmaceuticals Industries Ltd | 6.5% |
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Priyanka Khandelwal
Fund Manager of ICICI Prudential Exports and Services Fund Direct Growth, since 1 May 2023
Top funds managed
Sankaran Naren
Fund Manager of ICICI Prudential Exports and Services Fund Direct Growth, since 14 July 2017
Top funds managed
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹6.26L Cr
as on 31-Jul-2024
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
enquiry@icicipruamc.com
Mutual Fund Insights
Over the last 15 months, this fund has decreased expense ratio by 19.6% moving from 2.09 to 1.68.
Over the last 3 months, this fund has experienced a 4.8% growth in AUM moving from 1.31K Cr to 1.38K Cr.
In the last 1 year, HDFC Defence Fund Direct Growth has given 84.19% return, outperforming this fund by 38.1%.
In the last 5 years, Invesco India PSU Equity Fund Direct Plan Growth has given 34.09% return, outperforming this fund by 8.41% per annum.
In the last 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 42% return, outperforming this fund by 18.7% per annum.
ICICI Prudential Exports and Services 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 20.96% since inception which is less than its category average return of 24.45%
Fund Allocations
This fund has an allocation of 89.16% in Equity, 0% in Debt and 10.84% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 2265 Cr
Expense Ratio 1.68%
This fund has an expense ratio of 1.68% which is more than its category average expense ratio of 1.18%
Frequently Asked Questions
The current NAV of ICICI Prudential Exports and Services Fund Direct Growth is ₹177.82 as on 05-Sep-2024.
Existing (Absolute + CAGR) as on 05-Sep-2024.
ICICI Prudential Exports and Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.37% | 6.37% |
6 Month Returns | 21.45% | 21.45% |
1 Year Returns | 46.09% | 46.09% |
3 Years Returns | 87.46% | 23.3% |
5 Years Returns | 213.62% | 25.68% |
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1.68% as on August 2024
₹1382 Cr as on August 2024
HDFC Bank Ltd(9.25%), ICICI Bank Ltd(7.04%), Bajaj Finserv Ltd(5.69%), Reliance Industries Ltd(5.6%), Sun Pharmaceuticals Industries Ltd(5.56%) as on August 2024
Financial Services(36.71%), Health(12.63%), Industrial(7.74%) as on August 2024
The alpha ratio for the ICICI Prudential Exports and Services Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Exports and Services Fund Direct Growth | - | - | - |
As on August 2024
The alpha for ICICI Prudential Exports and Services Fund Direct Growth is calculated against BSE 500 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 Exports and Services Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Exports and Services Fund Direct Growth | - | - | - |
As on August 2024
The Beta for ICICI Prudential Exports and Services Fund Direct Growth is calculated with BSE 500 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 Exports and Services 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 Exports and Services Fund Direct Growth | 3.41 | 1.52 | 1.12 |
As on August 2024
The sharpe ratio for ICICI Prudential Exports and Services Fund Direct Growth is calculated with BSE 500 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 Exports and Services 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 Exports and Services Fund Direct Growth | 9.6 | 10.48 | 17.02 |
As on August 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 3.21 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Priyanka Khandelwal, Sankaran Naren are the fund managers of ICICI Prudential Exports and Services Fund Direct Growth
The Exit load of ICICI Prudential Exports and Services Fund Direct Growth is 1%