The ICICI Prudential Flexicap Fund Direct Growth is a prominent player in the Flexi Cap category, managing assets worth approximately ₹14,945.89 crore. This positions it as the 8th largest fund in its category, reflecting its significant market presence. The fund's expense ratio stands at 0.8%, placing it 26th in terms of cost-effectiveness within its category, suggesting that while it is not the most economical option, it offers a balanced approach between cost and performance.
The fund demonstrates a strategic allocation across various sectors, with a notable 41.65% of its assets invested in cyclical sectors. This indicates a potential for higher returns during economic upturns, albeit with increased volatility during downturns. The financial sector receives a substantial 20.51% allocation, highlighting a focus on banking and financial services. Additionally, the fund maintains a diversified approach with investments in industrial (10.54%), technology (8.33%), and defensive sectors (7.01%), ensuring a balanced exposure to different economic conditions.
A significant portion of the fund's assets, 65.78%, is invested in large-cap companies, underscoring a preference for stability and established market players. This allocation suggests a strategy aimed at reducing risk while capturing steady growth. The fund also allocates 20.90% to small-cap companies, indicating an appetite for growth opportunities, and 8.50% to mid-cap companies, providing a balanced exposure across different market capitalizations.
The ICICI Prudential Flexicap Fund Direct Growth maintains a strong focus on equities, with 96.66% of its assets invested in stocks. This equity-centric approach highlights the fund's commitment to capitalizing on market opportunities and potential growth. The minimal cash holding of 3.34% suggests an active investment strategy, with most assets deployed in the market to maximize returns.
The fund's performance metrics indicate a robust ability to outperform its benchmark, with positive alpha values over one and three years. This suggests that the fund has consistently delivered excess returns compared to its benchmark. The fund's volatility, as indicated by its beta, shows a slightly higher risk compared to the market, but its capture ratios demonstrate strong performance in both up and down markets. These insights reflect the fund's capability to manage risk while pursuing growth.
Expense ratio | 0.81% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹14946 Cr |
Inception Date | 19 July, 2021 |
Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 39.7% |
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 |
as on (02-Apr-25)
as on (28-Feb-25)
Top 3 Sectors in February were Consumer Cyclical, Financial Services & Industrial
ICICI Prudential Flexicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.81% | 4.81% |
6 Month Returns | -14.86% | -14.86% |
1 Year Returns | 3.57% | 3.57% |
3 Years Returns | 60.55% | 17.1% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Flexicap Fund Direct Growth | -0.86 | 4.43 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Flexicap Fund Direct Growth | 0.99 | 0.86 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Flexicap Fund Direct Growth | -0.03 | 0.82 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Flexicap Fund Direct Growth | 16.78 | 13.42 | - |