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ICICI Prudential Passive Strategy Fund (FOF)


1 Lakh

Investment Grown to
₹ 1.30 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.95 Lakh

Analyst's Choice?

Suitability:

When you invest for three years or above, you can expect gains that 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.

Balanced hybrid funds invest roughly half of your money in equity shares and the rest in bonds and commodities. 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 its 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 three years.

Taxability of earnings:

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 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, 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 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 5.43 0.65 7.07 5.99 9.11 7.93 9.90
VR Balanced TRI 11.73 1.73 7.83 12.51 13.53 8.99 9.75
Hybrid: Balanced Hybrid 5.96 0.94 5.13 6.66 7.08 6.91 8.70
Rank within category 5 9 4 5 3 2 2
Number of funds in category 10 10 10 10 10 8 8

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 19.53 (11-May-2009 - 10-Jun-2009) -25.54 (24-Sep-2008 - 24-Oct-2008)
Quarter 47.89 (09-Mar-2009 - 10-Jun-2009) -29.49 (02-Sep-2008 - 02-Dec-2008)
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 9.46 10.18 0.36 0.50 0.94 -3.29
VR Balanced TRI 13.17 10.29 0.72 1.14 -- --
Hybrid: Balanced Hybrid 7.03 7.54 0.17 0.26 0.64 -3.46
Rank within category 3 8 3 3 10 5
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 30-Nov-2019

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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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal ICICI Pru Nifty ETF-D Mutual Fund 35.71 - 47.54 35.71
up ICICI Pru Nifty Low Vol 30 ETF-D Mutual Fund 29.09 - 39.66 29.09
up ICICI Pru S&P BSE 500 ETF-G Mutual Fund 0.00 - 21.83 21.83
equal ICICI Pru Midcap Select ETF Mutual Fund 10.83 - 23.58 10.83

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

Sector Allocation vis-à-vis Category

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As on 30-Nov-2019

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:


0.66%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 67.8811

Dividend: ₹ 67.8811


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 (₹) 500
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
Benchmark: NIFTY 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 108 Cr (As on 30-Nov-2019)
Expense: 0.48% (As on 30-Nov-2019)
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: 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

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM