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ICICI Prudential Passive Strategy Fund (FOF)


Equity: Flexi Cap

1 Lakh

Investment Grown to
₹ 1.41 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.92 Lakh

Suitability:

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

This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.

Like for 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 flexi-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 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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(₹)
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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 17.51 -0.54 -0.24 6.34 8.61 18.78 64.05 12.12 13.02 11.17 11.48
S&P BSE 500 TRI 17.50 -0.61 -0.61 6.23 9.39 19.40 67.72 14.41 16.04 13.30 13.32
Equity: Flexi Cap 16.37 -0.44 -0.18 6.26 8.76 18.38 59.64 13.00 14.55 13.25 13.33
Rank within category 21 41 35 28 30 25 17 25 -- -- --
Number of funds in category 56 60 60 59 59 56 52 39 35 30 25

As on 17-Jun-2021

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
3 star
Dec-03 64.05 12.12 13.02 0.34 79
Kotak Flexicap Fund Regular Plan  | Invest Online
4 star
Sep-09 55.09 13.11 15.14 1.62 35,955
UTI Flexi Cap Fund - Regular Plan  | Invest Online
5 star
May-92 72.73 17.82 17.49 1.97 18,405
Axis Focused 25 Fund
4 star
Jun-12 58.65 13.82 17.87 1.83 16,540
Parag Parikh Flexi Cap Fund - Regular Plan  | Invest Online
5 star
May-13 61.68 20.19 19.47 2.06 10,276

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 78.93 24-Mar-2020 - 24-Mar-2021 -41.88 14-Jan-2008 - 13-Jan-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 13.77 21.10 0.45 0.52 0.90 -0.95
S&P BSE 500 TRI 15.83 22.84 0.50 0.59 -- --
Equity: Flexi Cap 14.20 22.21 0.45 0.50 0.94 -0.98
Rank within category 24 12 19 18 12 18
Number of funds in category 40 40 40 40 40 40

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

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

The underlying data is unavailable.

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,31,987 1,33,343
Giant (%) 69.43 52.33
Large (%) 18.96 17.31
Mid (%) 9.36 23.41
Small (%) 2.25 7.45
Tiny (%) -- 0.14

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
equal ICICI Pru S&P BSE 500 ETF-G Financial -- 44.51
up ICICI Pru Nifty ETF-D Financial -- 41.15
down BHARAT 22 ETF-G Financial -- 6.35
new ICICI Pru IT ETF-G Financial -- 5.53

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-2021

Fund Manager

— Dharmesh Kakkad since 28-May-2018

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

Experience: He is associated with ICICI Prudential Asset Management Company Limited from June 2010. Prior to working in Dealing function, he was working in the Operations Department of ICICI Prudential AMC.

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:


-0.54%

Change from previous, NAV as on 17-Jun-2021

Growth: ₹ 89.3796

IDCW: ₹ 89.3796


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
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 18-Dec-2003
Return Since Launch: 13.33%
Benchmark: NIFTY 200 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 79 Cr (As on 31-May-2021)
Expense: 0.34% (As on 30-Apr-2021)
Risk Grade: Below Average
Return Grade: Average
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

Last Session

Investors' Hangout

Your investment strategy after the debt fund fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM

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