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Unrated

ICICI Prudential Passive Strategy Fund (FOF)


1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.60 Lakh

Suitability:

When you invest for five years or more, you can expect gains that beat the inflation rate as well as the returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Balanced hybrid funds invest roughly half your money in equity shares and the rest in bonds. Their returns are lower than pure equity funds which invest all your money in shares, but they also fall less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.

Like all equity-linked investments, 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 balanced hybrid fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 -9.33 -0.21 0.90 -3.52 10.14 20.45 -5.43 1.47 5.76 9.50 7.48
VR Balanced TRI -5.05 -0.04 0.51 -2.92 7.60 24.45 -0.11 6.08 8.47 10.49 7.73
Hybrid: Balanced Hybrid -3.35 -0.09 0.53 -2.31 5.55 16.94 -0.29 2.16 5.45 9.10 7.30
Rank within category 9 8 1 9 1 4 9 6 3 4 4
Number of funds in category 10 10 10 10 10 10 10 10 8 8 8

As on 29-Sep-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Passive Strategy Fund (FOF)  | Invest Now
Unrated
Dec-03 -5.43 1.47 5.76 0.36 78
ICICI Prudential Asset Allocator (FOF) Fund  | Invest Now
Unrated
Dec-03 3.33 6.77 8.99 1.34 8,007
UTI Children's Career Fund-Savings Plan - Regular Plan  | Invest Online
Unrated
Jul-93 3.26 2.10 5.70 1.78 3,555
UTI Retirement Benefit Pension Fund - Regular Plan  | Invest Online
Unrated
Dec-94 3.88 1.43 5.44 1.91 2,887
Axis Children's Gift - Regular Plan  | Invest Online
Unrated
Dec-15 0.75 5.07 -- 2.49 469

Best & Worst Performance

Best (Period) Worst (Period)
Week 13.14 (27-Oct-2008 - 04-Nov-2008) -15.52 (17-Mar-2020 - 24-Mar-2020)
Month 19.53 (11-May-2009 - 10-Jun-2009) -31.18 (20-Feb-2020 - 23-Mar-2020)
Quarter 47.89 (09-Mar-2009 - 10-Jun-2009) -33.74 (24-Dec-2019 - 24-Mar-2020)
Year 71.93 (09-Mar-2009 - 11-Mar-2010) -41.88 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 3.39 19.22 -0.09 -0.09 1.07 -4.26
VR Balanced TRI 7.49 17.40 0.14 0.15 -- --
Hybrid: Balanced Hybrid 3.23 13.05 -0.17 -0.17 0.70 -3.55
Rank within category 4 10 3 3 10 7
Number of funds in category 10 10 10 10 10 10

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

As on 31-Aug-2020

Asset Allocation (%)

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Concentration & Valuation

The underlying data is unavailable.

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down ICICI Pru S&P BSE 500 ETF-G Financial -- 33.10
down ICICI Pru Midcap 150 ETF-G Financial -- 26.04
up ICICI Pru Nifty Low Vol 30 ETF-D Financial -- 25.79
down BHARAT 22 ETF-G Financial -- 14.24

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-Aug-2020

Fund Manager

— Dharmesh Kakkad since 28-May-2018

Education: Mr. kakkad is B.com., CA & CFA.

Experience: Mr. Kakkad is Manager in ICICI Prudential Mutual Fund since 2009.

Funds Managed:

— Sankaran Naren since 05-Sep-2018

Education: Mr. Naren is a B.Tech from IIT Chennai and MBA (Finance)from IIM Kolkata.

Experience: Prior to joining ICICI Prudential AMC he has worked with Refco Sify Securities India Pvt. Ltd., HDFC Securities Ltd. and Yoha Securities.

Interviews:

Funds Managed:


-0.21%

Change from previous, NAV as on 29-Sep-2020

Growth: ₹ 62.2999

Dividend: ₹ 62.2999


Investment Strategy

The Scheme seeks to generate capital appreciation primarily from a portfolio that is invested in Exchange Traded Funds.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) 5,000
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 18-Dec-2003
Return Since Launch: 11.51%
Benchmark: NIFTY 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 78 Cr (As on 31-Aug-2020)
Expense: 0.36% (As on 31-Aug-2020)
Risk Grade: --
Return Grade: --
Turnover: --

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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