ICICI Prudential Strategic Metal and Energy Equity FoF Fund Direct Growth
Equity
Direct
Global - Other
NAV as on 03-01-2025
₹ 14.84
Inception Returns
14.5%
/yr
About ICICI Prudential Strategic Metal and Energy Equity FoF Fund Direct Growth
ICICI Prudential Strategic Metal and Energy Equity FoF Fund Direct Growth is an equity fund. This fund was started on 2 February, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Strategic Metal and Energy Equity FoF Fund Direct Growth has ₹101 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 1.4.
Returns
ICICI Prudential Strategic Metal and Energy Equity FoF Fund Direct Growth has given a CAGR return of 14.49% since inception. Over the last 1 year the fund has given a CAGR return of 8.49%.
Holdings
ICICI Prudential Strategic Metal and Energy Equity FoF Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are First Trust Stgy Mtl & Ey Eq A USD Acc
Taxation
As it is a global - 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 Strategic Metal and Energy Equity FoF Fund Direct Growth
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund (the Scheme) is an openended fund of fund scheme that invests in the units/shares of First Trust Strategic Metal and Energy Equity UCITS Fund. The Scheme may also invest a certain portion of its corpus in domestic debt or money market securities and/or debt mutual fund schemes/liquid schemes of domestic mutual funds including that of ICICI Prudential Mutual Fund, in order to meet liquidity requirements from time to time.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. ICICI Prudential Strategic Metal and Energy Equity FoF Fund Direct Growth has no lock in period.
Historical NAV & Returns
ICICI Prudential Strategic Metal and Energy Equity FoF Fund Direct Growth Overview
| Expense ratio | 1.38% |
Benchmark | null |
| AUM | ₹101 Cr |
| Inception Date | 2 February, 2022 |
| Min Lumpsum/SIP | --/-- |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 59.12% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (03-Jan-25)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 First Trust Stgy Mtl & Ey Eq A USD Acc | 99.38% | -0.7% |
ICICI Prudential Strategic Metal and Energy Equity FoF Fund Direct Growth Highlights
Very High Risk
About the fund
AUM size ₹101 Cr
Expense Ratio 1.38%
Frequently Asked Questions for ICICI Prudential Strategic Metal and Energy Equity FoF Fund Direct Growth
ICICI Prudential Strategic Metal and Energy Equity FoF Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.61% | -4.61% |
6 Month Returns | -0.88% | -0.88% |
1 Year Returns | 8.49% | 8.49% |
3 Years Returns | 0% | 0% |
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 Strategic Metal and Energy Equity FoF Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Strategic Metal and Energy Equity FoF Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Strategic Metal and Energy Equity FoF Fund Direct Growth | -0.01 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Strategic Metal and Energy Equity FoF Fund Direct Growth | 19.84 | - | - |