ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth

ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth

NAV as on 23-04-2025

₹ 14.73

1.2%

1D

Inception Returns

11.4%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
1952 people have invested ₹ 57.9L in ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth in the last three months

About ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth

ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth is an equity fund. This fund was started on 20 September, 2021. The fund is managed by Nishit Patel. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth has ₹894 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth has given a CAGR return of 11.40% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 0.87% and 16.49% respectively.

Holdings

ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health, Consumer Defensive, Tech, Consumer Cyclical, Basic Materials, Financial Services, Industrial, Communication. Its top holdings are

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth

The fund is a Fund of Funds scheme with the primary objective to generate returns by investing in units of the fund. There can be no assurance or guarantee that the investment objectives of the Scheme would 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 Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth has no lock in period.

ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth Overview

Expense ratio0.52%
Benchmark
Nifty Alpha Low-Volatility 30 TR INR
AUM₹894 Cr
Inception Date20 September, 2021
Min Lumpsum/SIP₹1000/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
5.13%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

INDmoney Rank for ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth

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IND ranking is not available for this fund.
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Lower expense ratio
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No bad points found for this fund.

Trailing Returns

as on (23-Apr-25)

Period
ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth
Nifty 500
equity - other
1M
4.8%
4.5%
-
3M
-0.9%
3.2%
-
6M
-9.1%
-2.6%
-
1Y
0.9%
7.7%
-
3Y
16.5%
14.3%
-

Fund Distribution

as on (31-Dec-69)

  • Equity 99.8%

  • Debt & Cash 0.2%

Large cap
83.9%

Mid cap
16%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Health
25.6%
Consumer Defensive
13.7%
Tech
12.3%
Consumer Cyclical
10.9%
Basic Materials
10.7%
Financial Services
10.2%
Industrial
8.8%
Communication
7.8%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 893.8 Cr
₹ 814.2 Cr
₹ 914.3 Cr
  • AUM of the fund stands at 893.8 Cr as of Mar'25
  • AUM increased by 79.6 Cr between Mar'25 and Feb'25
Mid Cap allocation has gone down from 16.2% to 16%
Mid Cap allocation has gone down from 16.2% to 16%
Large Cap allocation has gone up from 83.7% to 83.9%
Large Cap allocation has gone up from 83.7% to 83.9%
Cash allocation has gone up from 0.1% to 0.2%
Cash allocation has gone up from 0.1% to 0.2%

Top 3 Sectors in March were Health, Consumer Defensive & Tech

Mar'25
Health
26%
Consumer Defensive
14%
Tech
12%
Feb'25
Health
26%
Consumer Defensive
14%
Tech
13%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth
ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth
0.87%
16.49%
-
11.4%
Sundaram Services Direct Growth
Sundaram Services Direct Growth
17.98%
18.79%
29.73%
21.41%
Franklin India Opportunities Fund - Direct - Growth
Franklin India Opportunities Fund - Direct - Growth
14.73%
30.7%
33.71%
18.23%
DSP Quant Fund Direct Growth
DSP Quant Fund Direct Growth
8.18%
10.14%
18.53%
13.96%
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Nishit Patel
Nishit Patel
Fund Manager of ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth, since 20 September 2021
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.04L Cr
as on 31-Mar-2025
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com

ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 11.4% since inception which is more than its category average return of 10.38%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.83% in Equity, 0% in Debt and 0.17% in Cash related instruments
AUM size ₹894 Cr

AUM size ₹894 Cr

This fund has AUM of ₹894 Cr which is less than its category average of ₹ 2034 Cr
Expense Ratio 0.52%

Expense Ratio 0.52%

This fund has an expense ratio of 0.52% which is less than its category average expense ratio of 1.3%
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Frequently Asked Questions for ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth

The current NAV of ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth is ₹14.73 as on 23-Apr-2025.
Existing (Absolute + CAGR) as on 23-Apr-2025.
ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.83%
4.83%
6 Month Returns
-9.09%
-9.09%
1 Year Returns
0.87%
0.87%
3 Years Returns
58.07%
16.49%
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0.52% as on March 2025
₹894 Cr as on March 2025
Health(25.52%), Consumer Defensive(13.67%), Tech(12.29%) as on March 2025
The alpha ratio for the ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth
-1.46
-0.77
-
As on March 2025
The alpha for ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth is calculated against Nifty Alpha Low-Volatility 30 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 Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth
1
0.99
-
As on March 2025
The Beta for ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth is calculated with Nifty Alpha Low-Volatility 30 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 Nifty Alpha Low Volatility 30 ETF FOF 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 Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth
-0.53
0.53
-
As on March 2025
The sharpe ratio for ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth is calculated with Nifty Alpha Low-Volatility 30 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 Nifty Alpha Low Volatility 30 ETF FOF 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 Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth
18.81
16.39
-
As on March 2025
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 0.79 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Nishit Patel is the fund manager of ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth
The Exit load of ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF Fund Direct Growth is 0%