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ICICI Prudential MNC Fund


Analyst's Choice?

Suitability:

This is a fund that invests mainly in the shares of multinational companies.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other MNC 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 0.10 -1.59 -1.78 -2.96 1.75 5.32 -- -- -- -- --
S&P BSE 500 TRI -1.15 -2.01 -1.35 -3.30 0.86 11.31 -- -- -- -- --
Equity: Thematic-MNC 1.51 -1.53 -1.35 -1.45 2.71 10.73 -- -- -- -- --
Rank within category 3 2 3 3 3 3 -- -- -- -- --
Number of funds in category 3 3 3 3 3 3 2 2 2 2 2

As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 3.19 (19-Sep-2019 - 26-Sep-2019) -2.68 (24-Jan-2020 - 31-Jan-2020)
Month 4.12 (23-Aug-2019 - 24-Sep-2019) -2.19 (02-Jul-2019 - 01-Aug-2019)
Quarter 6.39 (05-Aug-2019 - 04-Nov-2019) 0.10 (04-Nov-2019 - 03-Feb-2020)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 11.88 12.82 0.48 0.72 -- --
Equity: Thematic-MNC* 10.29 13.08 0.35 0.55 0.83 -0.53
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 38
Top 10 Stocks (%) 47.18
Top 5 Stocks (%) 29.67
Top 3 Sectors (%) 42.73
Portfolio P/B Ratio 2.98
Portfolio P/E Ratio 21.87

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 70,144 40,854
Giant (%) 42.46 23.74
Large (%) 27.03 24.25
Mid (%) 25.61 40.77
Small (%) 4.90 11.11
Tiny (%) -- 0.27

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 Bharti Airtel Communication -- 8.74 2.11 8.74
down Infosys Technology 20.72 9.61 5.61 6.12
down Tech Mahindra Technology 18.16 9.15 1.91 5.46
down Maruti Suzuki India Automobile 31.60 9.69 1.67 4.89
equal United Breweries FMCG 72.19 4.47 2.02 4.47
equal Nestle India FMCG 79.99 7.10 0.41 3.85
down Colgate-Palmolive FMCG 44.80 6.16 2.20 3.66
equal Tata Consultancy Services Technology 24.50 5.21 0.00 3.63
equal Vedanta Metals 5.85 3.76 1.99 3.42
down HCL Technologies Technology 15.48 10.59 1.47 2.95
up Wipro Technology 14.12 2.91 0.00 2.91
equal Sanofi India Healthcare 41.17 3.00 0.00 2.85
equal Cummins India Engineering 21.85 2.76 1.48 2.76
equal Hindalco Inds. Metals 9.40 3.10 1.65 2.73
equal Oracle Fin Ser Software Technology 15.72 2.45 0.05 2.18
new Amazon. com Inc. (USA) Cons Durable -- 2.00
down Ambuja Cements Construction 19.89 2.64 0.00 1.91
equal Apollo Tyres Automobile 18.01 2.26 1.04 1.90
equal Cyient Technology 10.11 1.77 1.42 1.77
equal Syngene International Healthcare 31.05 1.58 0.00 1.54
equal Interglobe Aviation Services 45.08 2.09 0.00 1.37
equal Grindwell Norton Metals 37.04 1.20 0.00 1.20
equal Fortis Healthcare (India) Healthcare 48.62 1.18 0.00 1.18
down Tata Chemicals Chemicals 15.45 1.13 0.93 1.13
equal Motherson Sumi Systems Automobile 25.91 1.65 0.67 1.02

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-Jan-2020

Fund Manager

— Anish Tawakley since 28-May-2019

Education: Mr. Tawakley has done PGDM (MBA) from IIM Bangalore and B. Tech (Mechanical Engineering) from IIT Delhi

Experience: Prior joining to ICICI AMC he has worked with Barclays India - Equity Research, Credit Suisse India - Equity research - Indian financial services sector,

Funds Managed:


-1.59%

Change from previous, NAV as on 24-Feb-2020

Growth: ₹ 10.4900

Dividend: ₹ 10.4900


Investment Strategy

The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities within MNC space.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 17-Jun-2019
Return Since Launch: 4.90%
Benchmark: NIFTY MNC TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 634 Cr (As on 31-Jan-2020)
Expense: 2.55% (As on 31-Jan-2020)
Risk Grade: --
Return Grade: --
Turnover: 43.00%

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: 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

Time to bet big on mid- and small-cap funds?

dateFriday, 28-Feb-2020
time12:30 PM - 01:00 PM