ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth

ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 26-12-2024

₹ 11.29

▼-0.2%

1D

Inception Returns

12.9%

/yr

About ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth

ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth is an equity fund. This fund was started on 2 February, 2024. The fund is managed by Nishit Patel. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth has ₹85 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 Nifty50 Value 20 Index Fund Direct Growth has given a CAGR return of 12.95% since inception.

Holdings

ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Financial Services, Consumer Defensive, Utilities, Basic Materials, Energy, Consumer Cyclical, Health. Its top holdings are ICICI Bank Ltd, Infosys Ltd, ITC Ltd, Tata Consultancy Services Ltd, State Bank of India

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 Nifty50 Value 20 Index Fund Direct Growth

The objective of the Scheme is to invest in companies whose securities are included in Nifty50 Value 20 Index in the same weightage that they represent in Nifty50 Value 20 Index in order to achieve the returns of the above index, subject to tracking errors.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised
▲
▼

zero opening, trading, fund transfer fee
2233 people have invested ₹ 37L in ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth in the last three months

ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth Overview

Expense ratio0.3%
Benchmark
IISL Nifty50 Value 20 PR INR
AUM₹85 Cr
Inception Date2 February, 2024
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
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 99.8%

  • Debt & Cash 0.2%

Large cap
99.8%
Sector Allocation

Nov'24

Oct'24

Sep'24

Tech
36%
Financial Services
25.3%
Consumer Defensive
12.4%
Utilities
8%
Basic Materials
7.7%
Energy
4.8%
Consumer Cyclical
4%
Health
1.8%
All changes are between Sep'24 and Nov'24
Nov'24
Oct'24
Sep'24
Fund Returns
0.52%
-5.34%
0.56%
Nifty 50
-0.71%
-6.17%
2.11%
  • This fund’s returns stands at 0.52% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.71% as on Nov'24
  • This fund outperformed Nifty 50 by 1.23% in Nov'24
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 79.2 Cr
₹ 78.8 Cr
₹ 78.8 Cr
  • AUM of the fund stands at 79.2 Cr as of Nov'24
  • AUM increased by 0.4 Cr between Nov'24 and Oct'24
Large Cap allocation has gone up from 99.8% to 99.8%
Large Cap allocation has gone up from 99.8% to 99.8%
Cash allocation has gone down from 0.2% to 0.2%
Cash allocation has gone down from 0.2% to 0.2%

Top 3 Sectors in November were Tech, Financial Services & Consumer Defensive

Nov'24
Tech
36%
Financial Services
25%
Consumer Defensive
12%
Oct'24
Tech
34%
Financial Services
25%
Consumer Defensive
13%

  • Equity

Holdings
Weight%
1M Change
ICICI Bank Ltd
ICICI Bank Ltd
15.54%
6.3%
Infosys Ltd
Infosys Ltd
14.77%
6.3%
ITC Ltd
ITC Ltd
11.29%
6.3%
Tata Consultancy Services Ltd
Tata Consultancy Services Ltd
10.06%
6.3%
State Bank of India
State Bank of India
7.83%
6.3%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth
-
-
-
12.95%
Kotak Nifty Next 50 Index Fund Direct Growth
Kotak Nifty Next 50 Index Fund Direct Growth
32.97%
19.11%
-
19.99%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth
Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth
28.17%
23.29%
30.24%
29.52%
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth
26.68%
23.91%
28.36%
28.62%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Infosys Ltd
Infosys Ltd
1%
HCL Technologies Ltd
HCL Technologies Ltd
0.3%
Fund
Nov'24
Oct'24
Sep'24
No of Holdings
22
22
22
Top 5 Company Concentration
59.5%
59.5%
58.1%
Company having highest exposure
ICICI Bank Ltd (15.5%)
ICICI Bank Ltd (15.5%)
Infosys Ltd (14.9%)
No of Sectors
8
8
8
Top 5 Sectors Concentration
89.4%
88.6%
87.7%
Sector having highest exposure
Tech (36%)
Tech (34%)
Tech (33.8%)
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Nishit Patel
Nishit Patel
Fund Manager of ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth, since 12 February 2024
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
ICICI Prudential Nifty 50 Index Plan Direct Growth
12.75%
--
ICICI Prudential BHARAT 22 FOF Direct Growth
34.55%
--
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Growth
18.85%
--
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
95
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 Nifty50 Value 20 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 returns of 12.95% since inception (2nd February 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 99.78% in Equity, 0% in Debt and 0.22% in Cash related instruments
AUM size ₹85 Cr

AUM size ₹85 Cr

This fund has AUM of ₹85 Cr which is less than its category average of ₹ 828 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 0.56%

Frequently Asked Questions for ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth

The current NAV of ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth is ₹11.29 as on 26-Dec-2024.
Existing (Absolute + CAGR) as on 26-Dec-2024.
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-1.2%
-1.2%
6 Month Returns
6.1%
6.1%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.3% as on November 2024
₹85 Cr as on November 2024
ICICI Bank Ltd(15.54%), Infosys Ltd(14.77%), ITC Ltd(11.29%), Tata Consultancy Services Ltd(10.06%), State Bank of India(7.83%) as on November 2024
Tech(35.89%), Financial Services(25.2%), Consumer Defensive(12.41%) as on November 2024
The alpha ratio for the ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth
-
-
-
As on November 2024
The alpha for ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth is calculated against IISL Nifty50 Value 20 PR 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 Nifty50 Value 20 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth
-
-
-
As on November 2024
The Beta for ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth is calculated with IISL Nifty50 Value 20 PR 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 Nifty50 Value 20 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 Nifty50 Value 20 Index Fund Direct Growth
-
-
-
As on November 2024
The sharpe ratio for ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth is calculated with IISL Nifty50 Value 20 PR 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 Nifty50 Value 20 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 Nifty50 Value 20 Index Fund Direct Growth
-
-
-
As on November 2024
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.
Nishit Patel is the fund manager of ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth
The Exit load of ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth is 0%