ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 22-11-2024
₹ 18.15
1D
Inception Returns
28.4%
/yr
About ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth is an equity fund. This fund was started on 5 August, 2022. The fund is managed by Nishit Patel. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth has ₹471 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth has given a CAGR return of 28.40% since inception. Over the last 1 year the fund has given a CAGR return of 34.34%.
Holdings
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Utilities, Financial Services, Communication, Tech, Energy, Basic Materials, Health, Real Estate. Its top holdings are Trent Ltd, Bharti Airtel Ltd, NTPC Ltd, Bajaj Auto Ltd, Adani Ports & Special Economic Zone Ltd
Taxation
As it is a index funds 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 Nifty 200 Momentum 30 Index Fund Direct Growth
The objective of the Scheme is to invest in companies whose securities are included in Nifty200 Momentum 30 Index and subject to tracking errors, to endeavor to achieve the returns of the above index as closely as possible. This would be done by investing in all the stocks comprising the Nifty200 Momentum 30 Index in the same weightage that they represent in Nifty200 Momentum 30 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 5000.00 and for SIP is INR 1000.00. ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth Overview
| Expense ratio | 0.4% |
Benchmark | Nifty200 Momentum 30 |
| AUM | ₹471 Cr |
| Inception Date | 5 August, 2022 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 54.58% |
| 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 |
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -8.17% whereas the fund’s underlying benchmark Nifty200 Momentum 30 returns stands at -6.17% as on Oct'24
- This fund underperformed Nifty200 Momentum 30 by 2.00% in Oct'24
- AUM of the fund stands at 474 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Consumer Cyclical, Industrial & Utilities
Top Losers | 1M Return |
|---|---|
 Tata Motors Ltd | -13.3% |
 Bajaj Auto Ltd | -9.1% |
 Mahindra & Mahindra Ltd | -1.6% |
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹471 Cr
Expense Ratio 0.4%
Frequently Asked Questions for ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -9.94% | -9.94% |
6 Month Returns | -4.51% | -4.51% |
1 Year Returns | 34.34% | 34.34% |
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 Nifty 200 Momentum 30 Index Fund Direct Growth | -0.61 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth | 0.99 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth | 2.28 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth | 17.11 | - | - |