ICICI Prudential BSE Sensex Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 31-10-2024
₹ 26.09
1D
Inception Returns
14.4%
/yr
About ICICI Prudential BSE Sensex Index Fund Direct Growth
ICICI Prudential BSE Sensex Index Fund Direct Growth is an equity fund. This fund was started on 21 September, 2017. The fund is managed by Nishit Patel. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential BSE Sensex Index Fund Direct Growth has ₹1757 Cr worth of assets under management (AUM) as on Sep 2024 and is more than category average.
- The fund has an expense ratio 0.2.
Returns
ICICI Prudential BSE Sensex Index Fund Direct Growth has given a CAGR return of 14.44% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 25.53%, 11.29% and 15.75% respectively.
Holdings
ICICI Prudential BSE Sensex Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Consumer Defensive, Consumer Cyclical, Industrial, Basic Materials, Communication, Utilities, Health. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, ITC 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 BSE Sensex Index Fund Direct Growth
An open-ended index linked growth scheme seeking to track the returns of S&P BSE SENSEX TRI through investments in a basket of stocks drawn from the constituents of the above index. The objective of the Scheme is to invest in companies whose securities are included in S&P BSE SENSEX TRI and subject to tracking errors, to endeavor to achieve the returns of the above index as closely as possible. This would be done by investing in all the stocks comprising the S&P BSE SENSEX TRI in approximately the same weightage that they represent in S&P BSE SENSEX TRI. The Scheme will not seek to outperform the S&P BSE SENSEX TRI or to underperform it. The objective is that the performance of the NAV of the Scheme should closely track the performance of the S&P BSE SENSEX TRI over the same period. However, there can be no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential BSE Sensex Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for ICICI Prudential BSE Sensex Index Fund Direct Growth
ICICI Prudential BSE Sensex Index Fund Direct Growth Overview
| Expense ratio | 0.19% |
Benchmark | S&P BSE SENSEX TR INR |
| AUM | ₹1757 Cr |
| Inception Date | 21 September, 2017 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 15.93% |
| 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 (30-Sep-24)
- This fund’s returns stands at 2.33% whereas the fund’s underlying benchmark Nifty 50 returns stands at 2.11% as on Sep'24
- This fund outperformed Nifty 50 by 0.22% in Sep'24
- AUM of the fund stands at 1.7K Cr as of Sep'24
- AUM has remained same between Sep'24 and Aug'24
Top 3 Sectors in September were Financial Services, Tech & Energy
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 13.39% | -1% | |
 Reliance Industries Ltd | 10.24% | -1.2% | |
 ICICI Bank Ltd | 9.19% | -1% | |
 Infosys Ltd | 6.95% | -1.2% | |
 ITC Ltd | 4.91% | -1% |
Top Growth Drivers | 1M Return |
|---|---|
 State Bank of India | 3.4% |
 HDFC Bank Ltd | 3.3% |
 ICICI Bank Ltd | 2.8% |
Mutual Fund Insights
ICICI Prudential BSE Sensex Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1757 Cr
Expense Ratio 0.19%
Frequently Asked Questions for ICICI Prudential BSE Sensex Index Fund Direct Growth
ICICI Prudential BSE Sensex Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.72% | -5.72% |
6 Month Returns | 7.54% | 7.54% |
1 Year Returns | 25.53% | 25.53% |
3 Years Returns | 37.85% | 11.29% |
5 Years Returns | 107.77% | 15.75% |
- 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 BSE Sensex Index Fund Direct Growth | -0.25 | -0.29 | -0.14 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential BSE Sensex Index Fund Direct Growth | 1 | 1 | 0.99 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential BSE Sensex Index Fund Direct Growth | 1.34 | 0.44 | 0.61 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential BSE Sensex Index Fund Direct Growth | 12.6 | 12.58 | 18.47 |