ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 19-11-2024
₹ 17.29
▲0.9%
1D
Inception Returns
19.7%
/yr
About ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth
ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth is an equity fund. This fund was started on 2 November, 2021. The fund is managed by Nishit Patel. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth has ₹424 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth has given a CAGR return of 19.67% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 29.59% and 20.62% respectively.
Holdings
ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Basic Materials, Health, Consumer Cyclical, Tech, Consumer Defensive, Communication, Real Estate, Utilities, Energy. Its top holdings are Multi Commodity Exchange of India Ltd, Central Depository Services (India) Ltd, Glenmark Pharmaceuticals Ltd, Crompton Greaves Consumer Electricals Ltd, Blue Star 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 Smallcap 250 Index Fund Direct Growth
The primary objective of the Scheme is to seek to generate capital appreciation by predominantly investing in equity and equity related securities of small cap stocks. 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 100.00 and for SIP is INR 100.00. ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth Overview
| Expense ratio | 0.33% |
Benchmark | IISL Nifty Smallcap 250 TR INR |
| AUM | ₹424 Cr |
| Inception Date | 2 November, 2021 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 41.86% |
| 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 -3.61% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at -6.17% as on Oct'24
- This fund outperformed Nifty Smallcap 250 by 2.56% in Oct'24
- AUM of the fund stands at 423.7 Cr as of Oct'24
- AUM decreased by 3.8 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Industrial, Financial Services & Basic Materials
ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹424 Cr
Expense Ratio 0.33%
Frequently Asked Questions for ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth
ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.61% | -7.61% |
6 Month Returns | 6.61% | 6.61% |
1 Year Returns | 29.59% | 29.59% |
3 Years Returns | 75.5% | 20.62% |
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 Smallcap 250 Index Fund Direct Growth | -0.82 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth | 1 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth | 1.85 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth | 18.46 | - | - |