ICICI Prudential Focused Equity Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 14-11-2024
₹ 95.07
▲0.2%
1D
Inception Returns
16.6%
/yr
About ICICI Prudential Focused Equity Fund Direct Growth
ICICI Prudential Focused Equity Fund Direct Growth is an equity fund. This fund was started on 10 January, 2013. The fund is managed by Anish Tawakley, Vaibhav Dusad. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Focused Equity Fund Direct Growth has ₹9867 Cr worth of assets under management (AUM) as on Oct 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 16.64% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 40.30%, 19.04% and 25.22% respectively.
Holdings
ICICI Prudential Focused Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Industrial, Consumer Cyclical, Basic Materials, Consumer Defensive, Communication, Real Estate, Utilities, Tech. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Axis Bank Ltd, Sun Pharmaceuticals Industries Ltd, Larsen & Toubro 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
▲
▼
4364 people have invested ₹ 7Cr in ICICI Prudential Focused Equity Fund Direct Growth in the last three months
INDmoney Rank for ICICI Prudential Focused Equity Fund Direct Growth
Powered by IND quant engine
2
/19
88% Performance
54% Risk Management
88% Cost
2 out of 19 among focused fund
Generated Consistent Returns
Consistently beats benchmark
Lower probablity of downside risk
No bad points found for this fund.
ICICI Prudential Focused Equity Fund Direct Growth Overview
| Expense ratio | 0.59% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹9867 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 (14-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
72.9%
Mid cap
20.6%
Small cap
1.8%
Sector Allocation
Financial Services
34.4%
Health
12.3%
Industrial
11.9%
Consumer Cyclical
9%
Basic Materials
8.3%
Consumer Defensive
7.1%
Communication
6.4%
Real Estate
5.2%
Utilities
3.5%
Tech
2%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -5.71% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 0.81% in Oct'24
- AUM of the fund stands at 9.9K Cr as of Oct'24
- AUM decreased by 334.3 Cr between Oct'24 and Sep'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 5.65% to 6.77%
Lupin Ltd's allocation increased from 1.41% to 2.51%
UltraTech Cement Ltd's allocation increased from 3.13% to 3.79%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 8.65 % to 8.57 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 6.55 % to 5.98 %
Avenue Supermarts Ltd's allocation decreased from 3.57 % to 3.36 %
Large Cap allocation has gone up from 72.2% to 72.9%
Small Cap allocation has gone up from 1.5% to 1.8%
Mid Cap allocation has gone down from 22.3% to 20.6%
Cash allocation has gone up from 4.6% to 5.8%
Top 3 Sectors in October were Financial Services, Health & Industrial
Oct'24
Financial Services
34%
Health
12%
Industrial
12%
Sep'24
Financial Services
32%
Health
13%
Industrial
10%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Max Financial Services Ltd | 4.1% |
 ICICI Bank Ltd | 0.1% |
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Anish Tawakley
Fund Manager of ICICI Prudential Focused Equity Fund Direct Growth, since 1 May 2023
Top funds managed
Vaibhav Dusad
Fund Manager of ICICI Prudential Focused Equity Fund Direct Growth, since 8 August 2022
Top funds managed
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.35L Cr
as on 31-Oct-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
Mutual Fund Insights
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 23.6% return, outperforming this fund by 4.56% per annum.
Over the last 15 months, this fund has decreased expense ratio by 15.7% moving from 0.70 to 0.59.
In the last 1 year, Invesco India Focused Fund Direct Growth has given 53.45% return, outperforming this fund by 13.15%.
Over the last 1 month, this fund has experienced a 3.3% drop in AUM moving from 10.20K Cr to 9.86K Cr.
In the last 5 years, this fund has outperformed all funds in its category.
This fund has one of the lowest expense ratio in the category (focused fund). Its expense ratio is 0.59% which is lower than the category average expense ratio of 1.26%.
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 16.64% since inception which is less than its category average return of 16.71%
Fund Allocations
This fund has an allocation of 94.21% in Equity, 0% in Debt and 5.79% in Cash related instruments
AUM size ₹9867 Cr
This fund has AUM of ₹9867 Cr which is more than its category average of ₹ 4765 Cr
Expense Ratio 0.59%
This fund has an expense ratio of 0.59% which is less than its category average expense ratio of 1.46%
Frequently Asked Questions for ICICI Prudential Focused Equity Fund Direct Growth
The current NAV of ICICI Prudential Focused Equity Fund Direct Growth is ₹95.07 as on 14-Nov-2024.
Existing (Absolute + CAGR) as on 14-Nov-2024.
ICICI Prudential Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.65% | -6.65% |
6 Month Returns | 9.87% | 9.87% |
1 Year Returns | 40.3% | 40.3% |
3 Years Returns | 68.68% | 19.04% |
5 Years Returns | 207.87% | 25.22% |
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0.59% as on October 2024
₹9867 Cr as on October 2024
ICICI Bank Ltd(8.57%), HDFC Bank Ltd(6.77%), Axis Bank Ltd(6.04%), Sun Pharmaceuticals Industries Ltd(5.98%), Larsen & Toubro Ltd(4.22%) as on October 2024
Financial Services(32.41%), Health(11.55%), Industrial(11.2%) as on October 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 | 13.09 | 5.66 | 6.67 |
As on October 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 | 0.85 | 0.92 | 0.84 |
As on October 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 | 2.81 | 1.09 | 1.14 |
As on October 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 | 12.29 | 13.38 | 16.88 |
As on October 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 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.32 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Anish Tawakley, Vaibhav Dusad 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%