ICICI Prudential Silver ETF Fund of Fund Direct Growth

ICICI Prudential Silver ETF Fund of Fund Direct Growth

Others

Direct

Sector - Precious Metals

NAV as on 27-12-2024

₹ 13.87

0.3%

1D

Inception Returns

11.9%

/yr

About ICICI Prudential Silver ETF Fund of Fund Direct Growth

ICICI Prudential Silver ETF Fund of Fund Direct Growth is a hybrid fund. This fund was started on 1 February, 2022. The fund is managed by Nishit Patel, Manish Banthia. This fund gives you the benefit of diversification.

Key Parameters

  1. ICICI Prudential Silver ETF Fund of Fund Direct Growth has ₹904 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

ICICI Prudential Silver ETF Fund of Fund Direct Growth has given a CAGR return of 11.93% since inception. Over the last 1 year the fund has given a CAGR return of 17.15%.

Holdings

ICICI Prudential Silver ETF Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are ICICI Prudential Silver ETF

Taxation

As it is a sector - precious metals mutual fund the taxation is as follows:
Unknown asset type.

Investment objective of ICICI Prudential Silver ETF Fund of Fund Direct Growth

ICICI Prudential Silver ETF Fund of Fund (the Scheme) is a fund of fund scheme with the primary objective to generate returns by investing in units of ICICI Prudential Silver ETF. However, there is no assurance or guarantee that the scheme will achieve its investment objective.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential Silver ETF Fund of Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
5041 people have invested ₹ 3.7Cr in ICICI Prudential Silver ETF Fund of Fund Direct Growth in the last three months

ICICI Prudential Silver ETF Fund of Fund Direct Growth Overview

Expense ratio0.52%
Benchmark
LBMA Silver Price USD
AUM₹904 Cr
Inception Date1 February, 2022
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
30.93%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (27-Dec-24)

Period
ICICI Prudential Silver ETF Fund of Fund Direct Growth
Gold Price
1M
-1%
-0.2%
3M
-3.1%
-0.8%
6M
0.6%
20.4%
1Y
17.1%
18.9%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 2.4%

Sector Allocation

Nov'24

Oct'24

Sep'24

Cash Equivalent
100%
  • Equity

Loading...
We are taking more time than usual
Nishit Patel
Nishit Patel
Fund Manager of ICICI Prudential Silver ETF Fund of Fund Direct Growth, since 1 February 2022
Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Silver ETF Fund of Fund Direct Growth, since 1 February 2022
Fund House
ICICI Prudential Asset Management Company Limited
Total 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 Silver ETF Fund of 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 an average annual returns of 11.93% since inception which is less than its category average return of 14.96%
AUM size ₹904 Cr

AUM size ₹904 Cr

This fund has AUM of ₹904 Cr which is more than its category average of ₹ 828 Cr
Expense Ratio 0.52%

Expense Ratio 0.52%

This fund has an expense ratio of 0.52% which is less than its category average expense ratio of 0.53%

Frequently Asked Questions for ICICI Prudential Silver ETF Fund of Fund Direct Growth

The current NAV of ICICI Prudential Silver ETF Fund of Fund Direct Growth is ₹13.87 as on 27-Dec-2024.
Existing (Absolute + CAGR) as on 27-Dec-2024.
ICICI Prudential Silver ETF Fund of Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-1.04%
-1.04%
6 Month Returns
0.56%
0.56%
1 Year Returns
17.15%
17.15%
3 Years Returns
0%
0%
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.
0.52% as on November 2024
₹904 Cr as on November 2024
Nishit Patel, Manish Banthia are the fund managers of ICICI Prudential Silver ETF Fund of Fund Direct Growth
The Exit load of ICICI Prudential Silver ETF Fund of Fund Direct Growth is 1%