ICICI Prudential Smallcap Fund Direct Growth
Equity
Direct
Small-Cap
NAV as on 05-09-2024
₹ 102.42
▲0.5%
1D
Inception Returns
20%
/yr
About the Fund
ICICI Prudential Smallcap Fund Direct Growth is an equity fund. This fund was started on 2 January, 2013. The fund is managed by Anish Tawakley. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Smallcap Fund Direct Growth has ₹8770 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
ICICI Prudential Smallcap Fund Direct Growth has given a CAGR return of 19.99% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.21%, 26.17% and 33.45% respectively.
Holdings
ICICI Prudential Smallcap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Basic Materials, Consumer Cyclical, Financial Services, Health, Utilities, Real Estate, Consumer Defensive, Communication, Tech, Government, Energy. Its top holdings are Larsen & Toubro Ltd, Rolex Rings Ltd, Brigade Enterprises Ltd, Nippon Life India Asset Management Ltd Ordinary Shares, TVS Holdings Ltd
Taxation
As it is a small-cap 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 Smallcap Fund Direct Growth
The primary objective of the Scheme is to seek to generate capital appreciation by predominantly investing in equity and equity related securities of small cap stocks. 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 5000.00 and for SIP is INR 100.00. ICICI Prudential Smallcap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
7878 people have invested ₹ 1.9Cr in ICICI Prudential Smallcap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
12
/18
49% Performance
49% Risk Management
69% Cost
12 out of 18 among small-cap
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.69% |
Benchmark | S&P BSE Smallcap TR INR |
| AUM | ₹8770 Cr |
| Inception Date | 2 January, 2013 |
| Min Lumpsum/SIP | --/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 22.13% |
| 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 (05-Sep-24)
Fund Distribution
as on (31-Jul-24)
Small cap
64.2%
Mid cap
15.1%
Large cap
7.2%
Sector Allocation
Industrial
29.8%
Basic Materials
21.4%
Consumer Cyclical
15.8%
Financial Services
8.5%
Health
7.4%
Utilities
4.6%
Real Estate
4.5%
Consumer Defensive
2.9%
Communication
2.4%
Tech
2.3%
Energy
0.4%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 4.70% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at 3.34% as on Jul'24
- This fund outperformed Nifty Smallcap 250 by 1.36% in Jul'24
- AUM of the fund stands at 8.8K Cr as of Jul'24
- AUM increased by 331.6 Cr between Jul'24 and Jun'24
Top Stocks bought last month
Hero MotoCorp Ltd's allocation increased from 0.98% to 1.87%
Ingersoll-Rand (India) Ltd's allocation increased from 0.19% to 0.72%
Max Financial Services Ltd's allocation increased from 0.28% to 0.66%
Top Stocks sold last month
Rolex Rings Ltd's allocation decreased from 2.55 % to 2.43 %
Brigade Enterprises Ltd's allocation decreased from 2.51 % to 2.35 %
Nippon Life India Asset Management Ltd Ordinary Shares's allocation decreased from 3.18 % to 2.35 %
Cash allocation has gone up from 9.4% to 13.4%
Top 3 Sectors in July were Industrial, Basic Materials & Consumer Cyclical
Jul'24
Industrial
30%
Basic Materials
21%
Consumer Cyclical
16%
Jun'24
Industrial
28%
Basic Materials
21%
Consumer Cyclical
16%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Gujarat State Petronet Ltd | 32.1% |
 Gillette India Ltd | 18.5% |
 Cyient Ltd | 16.8% |
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Anish Tawakley
Fund Manager of ICICI Prudential Smallcap Fund Direct Growth, since 18 September 2023
Top funds managed
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹6.26L Cr
as on 31-Jul-2024
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
enquiry@icicipruamc.com
Mutual Fund Insights
This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.69% which is lower than the category average expense ratio of 1.14%.
In the last 3 years, Quant Small Cap Fund Growth Option Direct Plan has given 34.12% return, outperforming this fund by 7.94% per annum.
In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 51.74% return, outperforming this fund by 18.29% per annum.
Over the last 3 months, this fund has increased expense ratio by 25.5% moving from 0.55 to 0.69.
In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 75.84% return, outperforming this fund by 39.63%.
Over the last 6 months, this fund has experienced a 17.6% growth in AUM moving from 7.45K Cr to 8.76K Cr.
ICICI Prudential Smallcap 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 19.99% since inception which is less than its category average return of 22.45%
Fund Allocations
This fund has an allocation of 86.56% in Equity, 0% in Debt and 13.44% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 8057 Cr
Expense Ratio 0.69%
This fund has an expense ratio of 0.69% which is less than its category average expense ratio of 1.22%
Frequently Asked Questions
The current NAV of ICICI Prudential Smallcap Fund Direct Growth is ₹102.42 as on 05-Sep-2024.
Existing (Absolute + CAGR) as on 05-Sep-2024.
ICICI Prudential Smallcap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.66% | 6.66% |
6 Month Returns | 21.53% | 21.53% |
1 Year Returns | 36.21% | 36.21% |
3 Years Returns | 100.86% | 26.17% |
5 Years Returns | 323.23% | 33.45% |
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.
0.69% as on August 2024
₹8770 Cr as on August 2024
Larsen & Toubro Ltd(2.58%), Rolex Rings Ltd(2.43%), Brigade Enterprises Ltd(2.35%), Nippon Life India Asset Management Ltd Ordinary Shares(2.35%), TVS Holdings Ltd(2.3%) as on August 2024
Industrial(25.77%), Basic Materials(18.53%), Consumer Cyclical(13.68%) as on August 2024
The alpha ratio for the ICICI Prudential Smallcap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Smallcap Fund Direct Growth | -0.97 | 4.7 | 2.64 |
As on August 2024
The alpha for ICICI Prudential Smallcap Fund Direct Growth is calculated against S&P BSE Smallcap 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 Smallcap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Smallcap Fund Direct Growth | 0.71 | 0.66 | 0.86 |
As on August 2024
The Beta for ICICI Prudential Smallcap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Smallcap 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 Smallcap Fund Direct Growth | 1.94 | 1.42 | 1.16 |
As on August 2024
The sharpe ratio for ICICI Prudential Smallcap Fund Direct Growth is calculated with S&P BSE Smallcap 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 Smallcap 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 Smallcap Fund Direct Growth | 13.45 | 13.04 | 22.52 |
As on August 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 3.14 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Anish Tawakley is the fund manager of ICICI Prudential Smallcap Fund Direct Growth
The Exit load of ICICI Prudential Smallcap Fund Direct Growth is 1%