ICICI Prudential Housing Opportunities Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 19-11-2024
₹ 16.86
▲0.4%
1D
Inception Returns
22.3%
/yr
About ICICI Prudential Housing Opportunities Fund Direct Growth
ICICI Prudential Housing Opportunities Fund Direct Growth is an equity fund. This fund was started on 18 April, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Housing Opportunities Fund Direct Growth has ₹2542 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 1.
Returns
ICICI Prudential Housing Opportunities Fund Direct Growth has given a CAGR return of 22.35% since inception. Over the last 1 year the fund has given a CAGR return of 28.80%.
Holdings
ICICI Prudential Housing Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Securitize, Industrial, Utilities, Real Estate, Consumer Cyclical. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Larsen & Toubro Ltd, NTPC Ltd, Grasim 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 Housing Opportunities Fund Direct Growth
To generate long-term capital appreciation by investing in equity and equity related instruments of entities engaged in and/or expected to benefit from the growth in housing theme. 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 Housing Opportunities Fund Direct Growth has no lock in period.
Historical NAV & Returns
ICICI Prudential Housing Opportunities Fund Direct Growth Overview
| Expense ratio | 1% |
Benchmark | IISL Nifty Housing TR INR |
| AUM | ₹2542 Cr |
| Inception Date | 18 April, 2022 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 63.75% |
| 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 (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -3.89% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 2.63% in Oct'24
- AUM of the fund stands at 2.5K Cr as of Oct'24
- AUM decreased by 137.2 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Basic Materials & Securitize
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.37% | -1.5% | |
 ICICI Bank Ltd | 9.01% | 0% | |
 Larsen & Toubro Ltd | 8.44% | 0% | |
 NTPC Ltd | 7.87% | 0% | |
 Grasim Industries Ltd | 4.57% | 0% |
Top Losers | 1M Return |
|---|---|
 Kajaria Ceramics Ltd | -14% |
 NTPC Ltd | -13.7% |
 Tata Steel Ltd | -10% |
ICICI Prudential Housing Opportunities Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹2542 Cr
Expense Ratio 1%
Frequently Asked Questions for ICICI Prudential Housing Opportunities Fund Direct Growth
ICICI Prudential Housing Opportunities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.64% | -4.64% |
6 Month Returns | 5.44% | 5.44% |
1 Year Returns | 28.8% | 28.8% |
3 Years Returns | 0% | 0% |
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 Housing Opportunities Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Housing Opportunities Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Housing Opportunities Fund Direct Growth | 2.17 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Housing Opportunities Fund Direct Growth | 12.51 | - | - |