ICICI Prudential Quant Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 23-12-2024
₹ 22.31
1D
Inception Returns
22%
/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 Nov 2024 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
ICICI Prudential Quant Fund Direct Growth has given a CAGR return of 22.01% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 23.31% and 17.38% respectively.
Holdings
ICICI Prudential Quant Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Defensive, Industrial, Health, Basic Materials, Tech, Energy, Consumer Cyclical, 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
ICICI Prudential Quant Fund Direct Growth Overview
| Expense ratio | 0.79% |
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 | Selling mutual fund 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 (23-Dec-24)
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at 0.31% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 0.91% in Nov'24
- AUM of the fund stands at 95.8 Cr as of Nov'24
- AUM has remained same between Nov'24 and Oct'24
Top 3 Sectors in November were Financial Services, Health & Industrial
Top Growth Drivers | 1M Return |
|---|---|
 Power Finance Corporation Ltd | 6% |
 Tata Consultancy Services Ltd | 4.9% |
 Ashok Leyland Ltd | 0.2% |
ICICI Prudential Quant Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹96 Cr
Expense Ratio 0.79%
Frequently Asked Questions for ICICI Prudential Quant Fund Direct Growth
ICICI Prudential Quant Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.46% | 1.46% |
6 Month Returns | 3.39% | 3.39% |
1 Year Returns | 23.31% | 23.31% |
3 Years Returns | 61.73% | 17.38% |
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 Quant Fund Direct Growth | 4.21 | 2.6 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Quant Fund Direct Growth | 0.87 | 0.79 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Quant Fund Direct Growth | 1.69 | 0.95 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Quant Fund Direct Growth | 11.57 | 11.12 | - |