ICICI Prudential Flexicap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 22-11-2024
₹ 18.74
1D
Inception Returns
20.3%
/yr
About ICICI Prudential Flexicap Fund Direct Growth
ICICI Flexi Cap Fund is a mutual fund scheme that invests in a combination of large-cap, mid-cap, and small-cap companies, allowing for market-based allocation flexibility. This means that the fund management can move investment allocation between market groups based on market trends and conditions.The fund seeks long-term capital appreciation by investing in high-quality firms with significant growth potential across market segments. It is appropriate for investors with a moderate to high risk tolerance and a long investment horizon. Stocks in the fund include HDFC Bank, Reliance Industries, Infosys, ICICI Bank, and Bharti Airtel.
Key Parameters
- ICICI Prudential Flexicap Fund Direct Growth has ₹16768 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
ICICI Prudential Flexicap Fund Direct Growth has given a CAGR return of 20.26% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 30.04% and 19.06% respectively.
Holdings
ICICI Prudential Flexicap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Financial Services, Industrial, Tech, Basic Materials, Consumer Defensive, Health, Communication, Real Estate. Its top holdings are TVS Motor Co Ltd, ICICI Bank Ltd, Maruti Suzuki India Ltd, HDFC Bank Ltd, Avenue Supermarts Ltd
Taxation
As it is a flexi cap 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 Flexicap Fund Direct Growth
To generate long-term capital appreciation by investing predominately in equity & equity related instruments across market capitalization. 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 Flexicap Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for ICICI Prudential Flexicap Fund Direct Growth
ICICI Prudential Flexicap Fund Direct Growth Overview
| Expense ratio | 0.79% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹16768 Cr |
| Inception Date | 19 July, 2021 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 39.7% |
| 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 (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -6.35% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 0.17% in Oct'24
- AUM of the fund stands at 16.8K Cr as of Oct'24
- AUM decreased by 993.3 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Consumer Cyclical, Financial Services & Industrial
ICICI Prudential Flexicap Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹16768 Cr
Expense Ratio 0.79%
Frequently Asked Questions for ICICI Prudential Flexicap Fund Direct Growth
ICICI Prudential Flexicap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.22% | -6.22% |
6 Month Returns | 7.36% | 7.36% |
1 Year Returns | 30.04% | 30.04% |
3 Years Returns | 68.76% | 19.06% |
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 Flexicap Fund Direct Growth | 6.67 | 5.95 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Flexicap Fund Direct Growth | 0.9 | 0.82 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Flexicap Fund Direct Growth | 2.25 | 1.16 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Flexicap Fund Direct Growth | 13.03 | 12.02 | - |