ICICI Prudential MNC Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 19-11-2024
₹ 29.63
▲0.3%
1D
Inception Returns
22.2%
/yr
About ICICI Prudential MNC Fund Direct Growth
ICICI Prudential MNC Fund Direct Growth is an equity fund. This fund was started on 18 June, 2019. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential MNC Fund Direct Growth has ₹1753 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
ICICI Prudential MNC Fund Direct Growth has given a CAGR return of 22.15% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.74%, 14.71% and 23.13% respectively.
Holdings
ICICI Prudential MNC Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Health, Consumer Defensive, Industrial, Tech, Basic Materials. Its top holdings are Maruti Suzuki India Ltd, Hindustan Unilever Ltd, Sun Pharmaceuticals Industries Ltd, Siemens Ltd, Syngene International 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 MNC Fund Direct Growth
The primary objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities within MNC space. 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 MNC Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
695 people have invested ₹ 67.9L in ICICI Prudential MNC Fund Direct Growth in the last three months
INDmoney Rank for ICICI Prudential MNC Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
ICICI Prudential MNC Fund Direct Growth Overview
| Expense ratio | 1.04% |
Benchmark | IISL Nifty MNC TR INR |
| AUM | ₹1753 Cr |
| Inception Date | 18 June, 2019 |
| Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 84.36% |
| 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)
Large cap
40.1%
Mid cap
25%
Small cap
20.1%
Sector Allocation
Consumer Cyclical
25.5%
Health
25.5%
Consumer Defensive
23.7%
Industrial
17.4%
Tech
4.5%
Basic Materials
3.5%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -7.14% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund underperformed Nifty 500 by 0.63% in Oct'24
- AUM of the fund stands at 1.8K Cr as of Oct'24
- AUM decreased by 132 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Cummins India Ltd's allocation increased from 1.21% to 2.22%
Nestle India Ltd's allocation increased from 2.16% to 3.06%
Zydus Lifesciences Ltd's allocation increased from 1.67% to 2.56%
Top Stocks sold last month
Hindustan Unilever Ltd's allocation decreased from 8.23 % to 7.57 %
Siemens Ltd's allocation decreased from 4.7 % to 4.44 %
Kalpataru Projects International Ltd's allocation decreased from 3.38 % to 3.02 %
Large Cap allocation has gone down from 44.8% to 40.1%
Small Cap allocation has gone down from 22.4% to 20.1%
Mid Cap allocation has gone up from 21.1% to 25%
Cash allocation has gone up from 9.2% to 9.9%
Top 3 Sectors in October were Health, Consumer Defensive & Consumer Cyclical
Oct'24
Consumer Cyclical
26%
Health
25%
Consumer Defensive
24%
Sep'24
Health
27%
Consumer Defensive
25%
Consumer Cyclical
22%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Pearl Global Industries Ltd | 15.3% |
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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
Over the last 1 month, this fund has experienced a 7.0% drop in AUM moving from 1.88K Cr to 1.75K Cr.
Over the last 15 months, this fund has increased expense ratio by 14.3% moving from 0.91 to 1.04.
In the last 1 year, HDFC Defence Fund Direct Growth has given 55.75% return, outperforming this fund by 33.01%.
In the last 3 years, SBI PSU Direct Growth has given 34.52% return, outperforming this fund by 19.81% per annum.
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 32.69% return, outperforming this fund by 9.56% per annum.
ICICI Prudential MNC 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 22.15% since inception which is more than its category average return of 16.76%
Fund Allocations
This fund has an allocation of 90.11% in Equity, 0% in Debt and 9.89% in Cash related instruments
AUM size ₹1753 Cr
This fund has AUM of ₹1753 Cr which is less than its category average of ₹ 2245 Cr
Expense Ratio 1.04%
This fund has an expense ratio of 1.04% which is less than its category average expense ratio of 1.2%
Frequently Asked Questions for ICICI Prudential MNC Fund Direct Growth
The current NAV of ICICI Prudential MNC Fund Direct Growth is ₹29.63 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
ICICI Prudential MNC Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.77% | -6.77% |
6 Month Returns | 4.44% | 4.44% |
1 Year Returns | 22.74% | 22.74% |
3 Years Returns | 50.94% | 14.71% |
5 Years Returns | 183% | 23.13% |
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1.04% as on October 2024
₹1753 Cr as on October 2024
Maruti Suzuki India Ltd(8.61%), Hindustan Unilever Ltd(7.57%), Sun Pharmaceuticals Industries Ltd(5.62%), Siemens Ltd(4.44%), Syngene International Ltd(3.44%) as on October 2024
Consumer Cyclical(22.99%), Health(22.94%), Consumer Defensive(21.36%) as on October 2024
The alpha ratio for the ICICI Prudential MNC Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential MNC Fund Direct Growth | 4.03 | 2.5 | 6.83 |
As on October 2024
The alpha for ICICI Prudential MNC Fund Direct Growth is calculated against IISL Nifty MNC 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 MNC Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential MNC Fund Direct Growth | 0.66 | 0.74 | 0.92 |
As on October 2024
The Beta for ICICI Prudential MNC Fund Direct Growth is calculated with IISL Nifty MNC 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 MNC 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 MNC Fund Direct Growth | 1.72 | 0.89 | 1.11 |
As on October 2024
The sharpe ratio for ICICI Prudential MNC Fund Direct Growth is calculated with IISL Nifty MNC 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 MNC 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 MNC Fund Direct Growth | 12.18 | 11.5 | 15.87 |
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 1.47 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.01 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of ICICI Prudential MNC Fund Direct Growth is 1%