ICICI Prudential Thematic Advantage Fund FOF Direct Growth
Hybrid
Direct
Fund Of Funds
NAV as on 06-09-2024
₹ 227.36
1D
Inception Returns
17.5%
/yr
About the Fund
ICICI Prudential Thematic Advantage Fund FOF Direct Growth is a hybrid fund. This fund was started on 5 April, 2013. The fund is managed by Ritesh Lunawat, Sankaran Naren, Dharmesh Kakkad, Manish Banthia. This fund gives you the benefit of diversification.
Key Parameters
- ICICI Prudential Thematic Advantage Fund FOF Direct Growth has ₹1747 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 1.3.
Returns
ICICI Prudential Thematic Advantage Fund FOF Direct Growth has given a CAGR return of 17.45% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 38.35%, 21.12% and 27.27% respectively.
Holdings
ICICI Prudential Thematic Advantage Fund FOF Direct Growth has allocated its funds majorly in Cash Equivalent, Health, Financial Services, Corporate, Tech, Consumer Cyclical, Securitize, Government, Consumer Defensive, Industrial, Communication, Basic Materials, Utilities, Energy, Real Estate.
Taxation
As it is a fund of funds mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments: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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of ICICI Prudential Thematic Advantage Fund FOF Direct Growth
The primary objective of the Scheme is to generate capital appreciation primarily from a portfolio of Sectoral/ Thematic schemes accessed through the diversified investment styles of underlying schemes. 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 1000.00. ICICI Prudential Thematic Advantage Fund FOF Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 1.27% |
Benchmark | IISL Nifty 200 TR INR |
| AUM | ₹1747 Cr |
| Inception Date | 5 April, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 114.26% |
| 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 (06-Sep-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 1.7K Cr as of Jul'24
- AUM increased by 89.6 Cr between Jul'24 and Jun'24
Top 3 Sectors in July were Financial Services, Health & Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Pru Pharma Healthcare Diag Dir Gr | 26.45% | 0% | |
ICICI Pru Banking & Fin Svcs Dir Gr | 25.38% | 0% | |
ICICI Pru Bharat Consumption Dir Cum | 18.25% | 0% | |
ICICI Pru Technology Dir Gr | 14.59% | 0% | |
ICICI Pru Infrastructure Dir Gr | 10.18% | 0% |
Mutual Fund Insights
ICICI Prudential Thematic Advantage Fund FOF Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 1.27%
Frequently Asked Questions
ICICI Prudential Thematic Advantage Fund FOF Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.64% | 5.64% |
6 Month Returns | 19.47% | 19.47% |
1 Year Returns | 38.35% | 38.35% |
3 Years Returns | 77.7% | 21.12% |
5 Years Returns | 233.85% | 27.27% |
- 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.
AAA | 93.25 |
AA | 6.75 |