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ICICI Prudential Nifty Index Fund - Direct Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.14 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.62 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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(₹)
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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 -10.82 1.08 2.56 7.76 18.67 -11.18 -5.50 4.57 6.13 10.15 --
S&P BSE 100 TRI -10.20 0.99 2.50 7.49 18.60 -10.63 -5.36 4.18 6.62 10.79 --
Equity: Large Cap -10.00 0.82 2.19 6.46 16.20 -10.41 -4.81 3.56 6.27 11.30 --
Rank within category 44 12 13 13 12 43 35 21 30 32 --
Number of funds in category 65 67 67 67 65 65 62 52 49 49 0

As on 09-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 - Direct Plan  | Invest Now
3 star
Jan-13 -5.50 4.57 6.13 0.10 851
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
4 star
Jan-13 -5.72 3.88 7.25 1.10 21,766
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 -3.91 5.13 9.19 0.65 15,175
Axis Bluechip Fund - Direct Plan  | Invest Online
5 star
Jan-13 2.69 10.98 10.20 0.44 14,522
Kotak Bluechip Fund - Direct Plan  | Invest Online
4 star
Jan-13 -0.87 4.20 7.03 1.14 1,502

Best & Worst Performance

Best (Period) Worst (Period)
Week 10.58 (03-Sep-2013 - 10-Sep-2013) -18.81 (11-Mar-2020 - 18-Mar-2020)
Month 20.57 (23-Mar-2020 - 22-Apr-2020) -36.74 (20-Feb-2020 - 23-Mar-2020)
Quarter 35.22 (23-Mar-2020 - 22-Jun-2020) -37.65 (23-Dec-2019 - 23-Mar-2020)
Year 54.04 (03-Sep-2013 - 03-Sep-2014) -32.65 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.61 20.96 0.01 0.02 1.00 0.27
S&P BSE 100 TRI 5.34 20.93 0.00 0.00 -- --
Equity: Large Cap 4.75 20.27 -0.03 -0.03 0.95 -0.59
Rank within category 19 38 19 19 42 19
Number of funds in category 53 53 53 53 53 53

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 31.35 11.84 6.36 11.84
up HDFC Bank Financial 22.68 11.40 9.22 10.31
up HDFC Financial 15.72 8.39 6.41 7.18
up Infosys Technology 20.06 6.89 4.65 6.30
up ICICI Bank Financial 25.08 6.93 4.14 5.35
up Tata Consultancy Services Technology 25.58 5.47 3.19 5.19
up ITC FMCG 15.70 7.65 3.65 4.31
up Kotak Mahindra Bank Financial 31.51 4.79 3.17 4.10
up Hindustan Unilever FMCG 75.69 4.59 2.14 3.72
up Bharti Airtel Communication -- 3.07 0.91 3.07
up Larsen & Toubro Construction 13.89 4.12 2.72 2.88
up Axis Bank Financial 69.10 3.36 2.06 2.17
up Maruti Suzuki India Automobile 31.95 3.22 1.59 1.88
up Asian Paints Chemicals 60.87 2.05 1.20 1.88
up State Bank of India Financial 8.99 3.04 1.61 1.61
up Nestle India FMCG 79.53 1.58 0.00 1.54
up HCL Technologies Technology 14.44 1.51 1.20 1.51
up Sun Pharmaceutical Inds. Healthcare 30.72 1.71 0.85 1.31
up Bajaj Finance Financial 38.12 2.47 0.00 1.29
up Dr. Reddy's Lab Healthcare 31.97 1.24 0.55 1.24
up NTPC Energy 13.41 1.41 1.01 1.21
up Ultratech Cement Construction 19.07 1.16 0.83 1.13
up Mahindra & Mahindra Automobile 548.57 2.21 0.74 1.03
up Power Grid Corporation Energy 9.57 1.29 0.86 1.02
up Britannia Inds. FMCG 63.05 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 01-Jan-2013

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:


1.08%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 108.1784

Dividend: ₹ 14.5485


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: 01-Jan-2013
Return Since Launch: 9.19%
Benchmark: NIFTY 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 851 Cr (As on 31-May-2020)
Expense: 0.10% (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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