ICICI Prudential Quant Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 22-11-2024
₹ 22.18
1D
Inception Returns
21.8%
/yr
About ICICI Prudential Quant Fund Direct Growth
ICICI Prudential Quant Fund Direct Growth is an equity fund. This fund was started on 11 December, 2020. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Quant Fund Direct Growth has ₹96 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
ICICI Prudential Quant Fund Direct Growth has given a CAGR return of 21.77% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 26.16% and 13.98% respectively.
Holdings
ICICI Prudential Quant Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Industrial, Basic Materials, Tech, Consumer Defensive, Consumer Cyclical, Energy, Communication, Utilities. Its top holdings are Tata Consultancy Services Ltd, Infosys Ltd, ICICI Bank Ltd, Sun Pharmaceuticals Industries Ltd, Hindustan Unilever Ltd
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 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 Quant Fund Direct Growth
To generate long-term capital appreciation by predominantly investing in equity and equity related instruments selected based on a quantitative model. 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 1000.00 and for SIP is INR 100.00. ICICI Prudential Quant Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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282 people have invested ₹ 20.2L in ICICI Prudential Quant Fund Direct Growth in the last three months
INDmoney Rank for ICICI Prudential Quant Fund Direct Growth
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Hold on while we find any good points for this fund.
3Y returns in the bottom 25% of the category
ICICI Prudential Quant Fund Direct Growth Overview
| Expense ratio | 0.71% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹96 Cr |
| Inception Date | 11 December, 2020 |
| Min Lumpsum/SIP | ₹1000/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 141.72% |
| 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 |
Trailing Returns
as on (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
55.8%
Mid cap
27.8%
Small cap
3%
Sector Allocation
Financial Services
21.4%
Health
13.6%
Industrial
12.4%
Basic Materials
11.8%
Tech
11.7%
Consumer Defensive
10.1%
Consumer Cyclical
9.4%
Energy
4.6%
Communication
3%
Utilities
1.9%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -6.21% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 0.31% in Oct'24
- AUM of the fund stands at 95.8 Cr as of Oct'24
- AUM decreased by 4.9 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Torrent Pharmaceuticals Ltd's allocation increased from 0.8% to 2.12%
Cummins India Ltd's allocation increased from 1.29% to 2.14%
Ambuja Cements Ltd's allocation increased from 2.25% to 3.01%
Top Stocks sold last month
Tata Consultancy Services Ltd's allocation decreased from 4.02 % to 3.93 %
Infosys Ltd's allocation decreased from 3.85 % to 3.79 %
Hindustan Unilever Ltd's allocation decreased from 3.55 % to 3.19 %
Mid Cap allocation has gone down from 28.9% to 27.8%
Large Cap allocation has gone down from 56.6% to 55.8%
Small Cap allocation has gone up from 2.2% to 3%
Cash allocation has gone up from 12.3% to 13.4%
Top 3 Sectors in October were Financial Services, Consumer Defensive & Health
Oct'24
Financial Services
21%
Health
14%
Industrial
12%
Sep'24
Financial Services
23%
Consumer Defensive
13%
Health
12%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Pearl Global Industries Ltd | 15.3% |
 Vedant Fashions Ltd | 3.4% |
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Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.35L Cr
as on 31-Oct-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 Quant Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 21.77% since inception which is more than its category average return of 16.31%
Fund Allocations
This fund has an allocation of 86.57% in Equity, 0% in Debt and 13.43% in Cash related instruments
AUM size ₹96 Cr
This fund has AUM of ₹96 Cr which is less than its category average of ₹ 2245 Cr
Expense Ratio 0.71%
This fund has an expense ratio of 0.71% which is less than its category average expense ratio of 1.21%
Frequently Asked Questions for ICICI Prudential Quant Fund Direct Growth
The current NAV of ICICI Prudential Quant Fund Direct Growth is ₹22.18 as on 22-Nov-2024.
Existing (Absolute + CAGR) as on 22-Nov-2024.
ICICI Prudential Quant Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.76% | -5.76% |
6 Month Returns | 5.17% | 5.17% |
1 Year Returns | 26.16% | 26.16% |
3 Years Returns | 48.06% | 13.98% |
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.
0.71% as on October 2024
₹96 Cr as on October 2024
Tata Consultancy Services Ltd(3.93%), Infosys Ltd(3.79%), ICICI Bank Ltd(3.68%), Sun Pharmaceuticals Industries Ltd(3.51%), Hindustan Unilever Ltd(3.19%) as on October 2024
Financial Services(18.55%), Health(11.8%), Industrial(10.77%) as on October 2024
The alpha ratio for the ICICI Prudential Quant Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Quant Fund Direct Growth | 4.3 | 2.12 | - |
As on October 2024
The alpha for ICICI Prudential Quant Fund Direct Growth is calculated against S&P BSE 200 India 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 Quant Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Quant Fund Direct Growth | 0.86 | 0.8 | - |
As on October 2024
The Beta for ICICI Prudential Quant Fund Direct Growth is calculated with S&P BSE 200 India 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 Quant 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 Quant Fund Direct Growth | 2.1 | 0.81 | - |
As on October 2024
The sharpe ratio for ICICI Prudential Quant Fund Direct Growth is calculated with S&P BSE 200 India 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 Quant 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 Quant Fund Direct Growth | 11.89 | 11.47 | - |
As on October 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.
Sortino ratio is 1.35 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.16 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of ICICI Prudential Quant Fund Direct Growth is 1%