ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth

ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 10-02-2025

₹ 17.28

▲0.1%

1D

Inception Returns

19.9%

/yr

About ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth

ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth is an equity fund. This fund was started on 22 December, 2021. The fund is managed by Nishit Patel. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth has ₹620 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth has given a CAGR return of 19.91% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.91% and 20.55% respectively.

Holdings

ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Basic Materials, Tech, Consumer Defensive, Real Estate, Communication, Energy, Utilities. Its top holdings are Max Healthcare Institute Ltd Ordinary Shares, Indian Hotels Co Ltd, Suzlon Energy Ltd, BSE Ltd, PB Fintech 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 benefit
Dividends 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 Midcap 150 Index Fund Direct Growth

The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Midcap 150 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Absolute
▲
▼

zero opening, trading, fund transfer fee
14724 people have invested ₹ 4.9Cr in ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth in the last three months

ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth Overview

Expense ratio0.3%
Benchmark
IISL Nifty Midcap 150 TR INR
AUM₹620 Cr
Inception Date22 December, 2021
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
39.74%
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

Fund Distribution

as on (30-Nov-24)

  • Equity 100%

  • Debt & Cash 0.1%

Mid cap
95%
Small cap
3.5%
Large cap
1.5%
Sector Allocation

Dec'24

Nov'24

Oct'24

Financial Services
19.3%
Industrial
18.9%
Consumer Cyclical
12.5%
Health
11.4%
Basic Materials
11.3%
Tech
11.3%
Consumer Defensive
3.9%
Real Estate
3.7%
Communication
2.9%
Energy
2.7%
Utilities
2%
All changes are between Sep'24 and Nov'24
Nov'24
Oct'24
Sep'24
Fund Returns
0.16%
-6.45%
1.73%
Nifty Midcap 150
-0.71%
-6.17%
2.11%
  • This fund’s returns stands at 0.16% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -0.71% as on Nov'24
  • This fund outperformed Nifty Midcap 150 by 0.88% in Nov'24
Parameters
Dec'24
Nov'24
Oct'24
AUM
₹ 620.5 Cr
₹ 565.8 Cr
₹ 565.8 Cr
  • AUM of the fund stands at 620.5 Cr as of Dec'24
  • AUM increased by 54.7 Cr between Dec'24 and Nov'24
Top Stocks sold last month
Ipca Laboratories Ltd's allocation decreased from 5.26 % to 0.65 %
Ipca Laboratories Ltd's allocation decreased from 5.26 % to 0.65 %
Schaeffler India Ltd's allocation decreased from 5.26 % to 0.41 %
Schaeffler India Ltd's allocation decreased from 5.26 % to 0.41 %
Bharat Dynamics Ltd Ordinary Shares's allocation decreased from 0.32 % to 0.3 %
Bharat Dynamics Ltd Ordinary Shares's allocation decreased from 0.32 % to 0.3 %
Mid Cap allocation has gone up from 94.2% to 95%
Mid Cap allocation has gone up from 94.2% to 95%
Large Cap allocation has gone up from 1.4% to 1.5%
Large Cap allocation has gone up from 1.4% to 1.5%
Small Cap allocation has gone down from 3.8% to 3.5%
Small Cap allocation has gone down from 3.8% to 3.5%
Cash allocation has gone down from 0.5% to 0%
Cash allocation has gone down from 0.5% to 0%

Top 3 Sectors in December were Industrial, Financial Services & Consumer Cyclical

Dec'24
Financial Services
19%
Industrial
19%
Consumer Cyclical
12%
Nov'24
Industrial
20%
Financial Services
19%
Consumer Cyclical
12%

  • Equity

Holdings
Weight%
1M Change
Max Healthcare Institute Ltd Ordinary Shares
Max Healthcare Institute Ltd Ordinary Shares
2.45%
3.5%
Indian Hotels Co Ltd
Indian Hotels Co Ltd
2.25%
3.5%
Suzlon Energy Ltd
Suzlon Energy Ltd
2.15%
3.5%
BSE Ltd
BSE Ltd
2.11%
3.5%
PB Fintech Ltd
PB Fintech Ltd
2.03%
3.5%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth
8.91%
20.55%
-
19.91%
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth
16.52%
17.94%
-
17.67%
Motilal Oswal Nifty Bank Index Fund Direct Growth
Motilal Oswal Nifty Bank Index Fund Direct Growth
10.13%
10.34%
10.19%
11.99%
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth
9.26%
20.96%
24.65%
26.45%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
SRF Ltd
SRF Ltd
22.5%
UPL Ltd
UPL Ltd
18.9%
Sundaram Finance Ltd
Sundaram Finance Ltd
6.6%
Fund
Nov'24
Oct'24
Sep'24
No of Holdings
152
152
152
Top 5 Company Concentration
9.9%
9.9%
9.5%
Company having highest exposure
Suzlon Energy Ltd (2.4%)
Suzlon Energy Ltd (2.4%)
Suzlon Energy Ltd (2.7%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
74.3%
74.8%
74.2%
Sector having highest exposure
Industrial (19.6%)
Industrial (19.8%)
Industrial (20.6%)
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Nishit Patel
Nishit Patel
Fund Manager of ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth, since 22 December 2021
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ICICI Prudential BHARAT 22 FOF Direct Growth
27.73%
--
ICICI Prudential Nifty 50 Index Plan Direct Growth
12.06%
--
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Growth
15.42%
--
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
97
See all ICICI schemes
Total AUM
₹8.23L Cr
as on 29-Nov-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

ICICI Prudential Nifty Midcap 150 Index 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 19.91% since inception which is more than its category average return of 10.65%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.95% in Equity, 0% in Debt and 0.05% in Cash related instruments
AUM size ₹620 Cr

AUM size ₹620 Cr

This fund has AUM of ₹620 Cr which is less than its category average of ₹ 798 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions for ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth

The current NAV of ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth is ₹17.28 as on 10-Feb-2025.
Existing (Absolute + CAGR) as on 10-Feb-2025.
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-5.88%
-5.88%
6 Month Returns
-5.93%
-5.93%
1 Year Returns
8.91%
8.91%
3 Years Returns
75.2%
20.55%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.3% as on January 2025
₹620 Cr as on January 2025
Max Healthcare Institute Ltd Ordinary Shares(2.45%), Indian Hotels Co Ltd(2.25%), Suzlon Energy Ltd(2.15%), BSE Ltd(2.11%), PB Fintech Ltd(2.03%) as on January 2025
Financial Services(19.29%), Industrial(18.93%), Consumer Cyclical(12.48%) as on January 2025
The alpha ratio for the ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth
-0.53
-0.55
-
As on January 2025
The alpha for ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth is calculated against IISL Nifty Midcap 150 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 Midcap 150 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth
1
1
-
As on January 2025
The Beta for ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth is calculated with IISL Nifty Midcap 150 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 Midcap 150 Index 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 Midcap 150 Index Fund Direct Growth
0.32
0.85
-
As on January 2025
The sharpe ratio for ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth is calculated with IISL Nifty Midcap 150 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 Midcap 150 Index 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 Midcap 150 Index Fund Direct Growth
14.94
16.17
-
As on January 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 1.5 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Nishit Patel is the fund manager of ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth
The Exit load of ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth is 0%