ICICI Prudential Focused Equity Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 06-09-2024
₹ 100.96
1D
Inception Returns
17.5%
/yr
About the Fund
ICICI Prudential Focused Equity Fund Direct Growth is an equity fund. This fund was started on 10 January, 2013. The fund is managed by Vaibhav Dusad, Anish Tawakley. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Focused Equity Fund Direct Growth has ₹9745 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
ICICI Prudential Focused Equity Fund Direct Growth has given a CAGR return of 17.54% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 48.86%, 24.36% and 27.07% respectively.
Holdings
ICICI Prudential Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Consumer Cyclical, Industrial, Communication, Consumer Defensive, Government, Tech, Real Estate, Basic Materials, Utilities, Energy. Its top holdings are ICICI Bank Ltd, Sun Pharmaceuticals Industries Ltd, Infosys Ltd, Larsen & Toubro Ltd, HDFC Bank Ltd
Taxation
As it is a focused fund 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 Focused Equity Fund Direct Growth
To generate capital appreciation by investing in a concentrated portfolio of equity and equity related securities of up to 30 companies across market capitalization i.e. focus on multicap. 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 Focused Equity Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
3360 people have invested ₹ 4.6Cr in ICICI Prudential Focused Equity Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
2
/18
89% Performance
55% Risk Management
91% Cost
2 out of 18 among focused fund
Generated Consistent Returns
Consistently beats benchmark
Lower probablity of downside risk
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.56% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹9745 Cr |
| Inception Date | 10 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 77.67% |
| 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 (06-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
67.2%
Mid cap
27.5%
Small cap
0.6%
Sector Allocation
Financial Services
26%
Health
17%
Consumer Cyclical
11.3%
Industrial
11%
Communication
7%
Consumer Defensive
6.3%
Tech
4.7%
Real Estate
4.7%
Basic Materials
4.2%
Utilities
4%
Energy
3.9%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 5.63% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 2.10% in Jul'24
- AUM of the fund stands at 9.7K Cr as of Jul'24
- AUM increased by 632.7 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Hero MotoCorp Ltd's allocation increased from 2.72% to 3.13%
Sun Pharmaceuticals Industries Ltd's allocation increased from 6.82% to 7.21%
Page Industries Ltd's allocation increased from 2.12% to 2.46%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 9.05 % to 8.33 %
Infosys Ltd's allocation decreased from 5.11 % to 4.47 %
HDFC Bank Ltd's allocation decreased from 3.95 % to 3.92 %
Cash allocation has gone up from 2% to 5.1%
Top 3 Sectors in July were Financial Services, Health & Industrial
Jul'24
Financial Services
26%
Health
17%
Consumer Cyclical
11%
Jun'24
Financial Services
28%
Health
16%
Industrial
12%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Info Edge (India) Ltd | 9.9% |
 Aurobindo Pharma Ltd | 9.4% |
 Sun Pharmaceuticals Industries Ltd | 7% |
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Vaibhav Dusad
Fund Manager of ICICI Prudential Focused Equity Fund Direct Growth, since 8 August 2022
Top funds managed
Anish Tawakley
Fund Manager of ICICI Prudential Focused Equity Fund Direct Growth, since 1 May 2023
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
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 29.01% return, outperforming this fund by 4.65% per annum.
Over the last 6 months, this fund has experienced a 42.8% growth in AUM moving from 6.82K Cr to 9.74K Cr.
In the last 1 year, Invesco India Focused Fund Direct Growth has given 65.26% return, outperforming this fund by 16.39%.
This fund has one of the lowest expense ratio in the category (focused fund). Its expense ratio is 0.56% which is lower than the category average expense ratio of 1.26%.
In the last 5 years, Quant Focused fund Growth Option Direct Plan has given 28.1% return, outperforming this fund by 1.03% per annum.
Over the last 1 year, this fund has decreased expense ratio by 20.0% moving from 0.70 to 0.56.
ICICI Prudential Focused Equity 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 17.54% since inception which is less than its category average return of 18.8%
Fund Allocations
This fund has an allocation of 94.88% in Equity, 0% in Debt and 5.12% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 4744 Cr
Expense Ratio 0.56%
This fund has an expense ratio of 0.56% which is less than its category average expense ratio of 1.46%
Frequently Asked Questions
The current NAV of ICICI Prudential Focused Equity Fund Direct Growth is ₹100.96 as on 06-Sep-2024.
Existing (Absolute + CAGR) as on 06-Sep-2024.
ICICI Prudential Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.47% | 5.47% |
6 Month Returns | 22.3% | 22.3% |
1 Year Returns | 48.86% | 48.86% |
3 Years Returns | 92.3% | 24.36% |
5 Years Returns | 231.34% | 27.07% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.56% as on August 2024
₹9745 Cr as on August 2024
ICICI Bank Ltd(8.33%), Sun Pharmaceuticals Industries Ltd(7.21%), Infosys Ltd(4.47%), Larsen & Toubro Ltd(4.3%), HDFC Bank Ltd(3.92%) as on August 2024
Financial Services(24.64%), Health(16.12%), Consumer Cyclical(10.67%) as on August 2024
The alpha ratio for the ICICI Prudential Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Focused Equity Fund Direct Growth | 13.49 | 6.13 | 6.18 |
As on August 2024
The alpha for ICICI Prudential Focused Equity Fund Direct Growth is calculated against S&P BSE 500 India 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Focused Equity Fund Direct Growth | 0.8 | 0.91 | 0.83 |
As on August 2024
The Beta for ICICI Prudential Focused Equity Fund Direct Growth is calculated with S&P BSE 500 India 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 Focused Equity 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 Focused Equity Fund Direct Growth | 3.66 | 1.4 | 1.25 |
As on August 2024
The sharpe ratio for ICICI Prudential Focused Equity Fund Direct Growth is calculated with S&P BSE 500 India 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 Focused Equity 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 Focused Equity Fund Direct Growth | 9.98 | 12.66 | 16.51 |
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 2.79 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.36 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Vaibhav Dusad, Anish Tawakley are the fund managers of ICICI Prudential Focused Equity Fund Direct Growth
The Exit load of ICICI Prudential Focused Equity Fund Direct Growth is 1%