Fund Details
ICICI Prudential Passive Strategy Fund (FOF) Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.02% |
| NAV | ₹93.99 (23 Jul 2021) |
|---|---|
| Fund Started | 04 Jan 2013 |
| Fund Size | ₹82 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Lower expense ratio - 0.3%
3. 1Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
4. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Prudential S&P BSE 500 ETF - Growth | Financial | Mutual Fund | 43.9% |
| ICICI Prudential Nifty ETF-IDCW | Financial | Mutual Fund | 41.5% |
| BHARAT 22 ETF - Growth | Financial | Mutual Fund | 5.0% |
| ICICI Prudential Healthcare ETF - Growth | Financial | Mutual Fund | 4.4% |
| ICICI Prudential Private Banks ETF - Growth | Financial | Mutual Fund | 4.0% |
Fund Managers
ICICI Prudential Passive Strategy Fund (FOF) Direct IDCW Details
ICICI Prudential Passive Strategy Fund (FOF) Direct IDCW is a Other Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 04 Jan 2013. Mrinal Singh, Manish Banthia is the Current Fund Manager of ICICI Prudential Passive Strategy Fund (FOF) Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹82 Cr and the Latest NAV as of 23 Jul 2021 is ₹93.99.
The ICICI Prudential Passive Strategy Fund (FOF) Direct IDCW is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 15 days.
Investment Objective
The Scheme seeks to generate capital appreciation primarily from a portfolio that is invested in Exchange Traded Funds.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
