ICICI Prudential NASDAQ 100 Index Fund Direct Growth
Equity
Direct
Global - Other
NAV as on 13-11-2024
₹ 15.44
1D
Inception Returns
15.2%
/yr
About ICICI Prudential NASDAQ 100 Index Fund Direct Growth
ICICI Prudential NASDAQ 100 Index Fund Direct Growth is an equity fund. This fund was started on 18 October, 2021. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential NASDAQ 100 Index Fund Direct Growth has ₹1642 Cr worth of assets under management (AUM) as on Sep 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
ICICI Prudential NASDAQ 100 Index Fund Direct Growth has given a CAGR return of 15.19% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 37.65% and 13.75% respectively.
Holdings
ICICI Prudential NASDAQ 100 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Consumer Defensive, Health, Industrial, Basic Materials, Utilities, Energy, Financial Services, Real Estate. Its top holdings are Apple Inc, NVIDIA Corp, Microsoft Corp, Broadcom Inc, Meta Platforms Inc Class A
Taxation
As it is a global - 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 NASDAQ 100 Index Fund Direct Growth
The objective of the Scheme is to invest in companies whose securities are included in NASDAQ-100 Index® and subject to tracking errors, to endeavor to achieve the returns of the above index. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. ICICI Prudential NASDAQ 100 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for ICICI Prudential NASDAQ 100 Index Fund Direct Growth
ICICI Prudential NASDAQ 100 Index Fund Direct Growth Overview
| Expense ratio | 0.52% |
Benchmark | NASDAQ 100 TR USD |
| AUM | ₹1642 Cr |
| Inception Date | 18 October, 2021 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 15.18% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (13-Nov-24)
Fund Distribution
as on (30-Sep-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Apple Inc | 8.82% | -2.3% | |
NVIDIA Corp | 8.36% | -1.7% | |
Microsoft Corp | 7.76% | -1.4% | |
Broadcom Inc | 5.22% | -1.5% | |
Meta Platforms Inc Class A | 5.07% | -1.8% |
ICICI Prudential NASDAQ 100 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1642 Cr
Expense Ratio 0.52%
Frequently Asked Questions for ICICI Prudential NASDAQ 100 Index Fund Direct Growth
ICICI Prudential NASDAQ 100 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.17% | 4.17% |
6 Month Returns | 16.86% | 16.86% |
1 Year Returns | 37.65% | 37.65% |
3 Years Returns | 47.17% | 13.75% |
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 NASDAQ 100 Index Fund Direct Growth | -0.48 | -0.77 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential NASDAQ 100 Index Fund Direct Growth | 0.99 | 0.99 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential NASDAQ 100 Index Fund Direct Growth | 1.97 | 0.37 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential NASDAQ 100 Index Fund Direct Growth | 14.09 | 20.62 | - |