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3 star

ICICI Prudential Nifty Index Fund


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.13 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.63 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -11.18 0.34 4.86 6.50 22.61 -10.33 -8.01 4.08 5.22 9.65 7.99
S&P BSE 100 TRI -10.34 0.39 4.73 6.39 23.05 -9.49 -7.44 4.13 6.16 10.78 8.75
Equity: Large Cap -9.99 0.37 4.16 5.57 20.93 -9.19 -6.96 3.72 5.31 10.41 8.35
Rank within category 85 61 36 39 34 85 79 43 38 44 26
Number of funds in category 111 114 114 114 112 111 107 87 68 62 48

As on 07-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Nifty Index Fund  | Invest Now
3 star
Feb-02 -8.01 4.08 5.22 0.45 851
ICICI Prudential Bluechip Fund  | Invest Now
4 star
May-08 -8.18 3.05 5.95 1.73 21,766
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 -6.83 4.16 7.87 1.72 15,175
Axis Bluechip Fund  | Invest Online
5 star
Jan-10 -0.69 9.67 8.59 1.79 13,003
UTI Nifty Index Fund - Regular Plan  | Invest Online
4 star
Mar-00 -7.91 4.68 5.79 0.17 2,147

Best & Worst Performance

Best (Period) Worst (Period)
Week 25.12 (27-Oct-2008 - 04-Nov-2008) -23.03 (10-May-2004 - 17-May-2004)
Month 31.31 (11-May-2009 - 10-Jun-2009) -37.81 (24-Sep-2008 - 24-Oct-2008)
Quarter 82.03 (09-Mar-2009 - 10-Jun-2009) -41.33 (28-Jul-2008 - 27-Oct-2008)
Year 103.74 (24-Apr-2003 - 23-Apr-2004) -54.79 (26-Oct-2007 - 27-Oct-2008)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.20 20.96 0.00 -0.01 1.00 -0.14
S&P BSE 100 TRI 5.34 20.93 0.00 0.00 -- --
Equity: Large Cap 4.80 20.27 -0.02 -0.03 0.95 -0.55
Rank within category 42 58 42 42 64 42
Number of funds in category 86 86 86 86 86 86

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 51
Top 10 Stocks (%) 61.34
Top 5 Stocks (%) 40.97
Top 3 Sectors (%) 65.11
Portfolio P/B Ratio 2.35
Portfolio P/E Ratio 20.54

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,32,065 1,76,859
Giant (%) 82.27 66.23
Large (%) 14.84 23.42
Mid (%) 2.89 9.88
Small (%) -- 1.60
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Reliance Industries Energy 31.07 11.84 6.36 11.84
up HDFC Bank Financial 22.46 11.40 9.22 10.31
up HDFC Financial 15.30 8.39 6.41 7.18
up Infosys Technology 20.06 6.89 4.65 6.30
up ICICI Bank Financial 25.29 6.93 4.14 5.35
up Tata Consultancy Services Technology 26.11 5.47 3.19 5.19
up ITC FMCG 15.81 7.65 3.65 4.31
up Kotak Mahindra Bank Financial 31.47 4.79 3.17 4.10
up Hindustan Unilever FMCG 75.33 4.59 2.14 3.72
up Bharti Airtel Communication -- 3.07 0.91 3.07
up Larsen & Toubro Construction 13.86 4.12 2.72 2.88
up Axis Bank Financial 67.64 3.36 2.06 2.17
up Maruti Suzuki India Automobile 32.61 3.22 1.59 1.88
up Asian Paints Chemicals 61.26 2.05 1.20 1.88
up State Bank of India Financial 8.74 3.04 1.61 1.61
up Nestle India FMCG 80.49 1.58 0.00 1.54
up HCL Technologies Technology 14.23 1.51 1.20 1.51
up Sun Pharmaceutical Inds. Healthcare 30.91 1.71 0.85 1.31
up Bajaj Finance Financial 37.51 2.47 0.00 1.29
up Dr. Reddy's Lab Healthcare 32.14 1.24 0.55 1.24
up NTPC Energy 13.44 1.41 1.01 1.21
up Ultratech Cement Construction 18.83 1.16 0.83 1.13
up Mahindra & Mahindra Automobile 549.59 2.21 0.74 1.03
up Power Grid Corporation Energy 9.61 1.29 0.86 1.02
up Britannia Inds. FMCG 63.30 0.98 0.00 0.98

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2020

Fund Manager

— Kayzad Eghlim since 18-Aug-2009

Education: Mr. Eghlim is a B.Com (H) and M Com.

Experience: Prior to joining ICICI Prudential AMC he has worked with IDFC Investment Advisors Ltd., Prime Securities and Canara Robeco Mutual Fund.

Funds Managed:


0.34%

Change from previous, NAV as on 07-Jul-2020

Growth: ₹ 104.7761

Dividend: ₹ 13.9604


Investment Strategy

The scheme aims to closely track the performance of Nifty 50 Index by investing in almost all the stocks and in approximately the same weightage that they represent in the index.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 26-Feb-2002
Return Since Launch: 13.64%
Benchmark: NIFTY 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 851 Cr (As on 31-May-2020)
Expense: 0.45% (As on 31-May-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 36.00%

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Phone: 022-26525000 / 1800-222-999 / 1800-200-6666

Fax: 022-26528100

Email: [email protected]

Website: http://www.icicipruamc.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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