ICICI Prudential Passive Strategy Fund (FOF) Direct Growth+1.11%

-2.54%
1 Year Return
Others
FoF Domestic
2.0star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Passive Strategy Fund (FOF) Direct Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio0.05%
NAV66.55 (27 Oct 2020)
Fund Started01 Jan 2013
Fund Size74 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Passive Strategy Fund (FOF) Direct Growth
-2.5%
2.0%
6.7%
8.2%
Category Average
2.8%
2.6%
5.8%
-
Rank within category
9
9
3
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -2.5% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.05%
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. 1Y Returns are lower than the category average returns
    4. 3Y Returns are lower than the category average returns
    5. 5Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    ICICI Prudential S&P BSE 500 ETF - GrowthFinancialMutual Fund35.9%
    ICICI Prudential Nifty Low Vol 30 ETF - DividendFinancialMutual Fund27.4%
    ICICI Prudential Midcap 150 ETF - GrowthFinancialMutual Fund25.4%
    BHARAT 22 ETF - GrowthFinancialMutual Fund10.3%

    Fund Managers

    addSankaran Naren
    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.
    Funds Managed
    addDharmesh Kakkad
    Education
    Mr. kakkad is B.com., CA & CFA.
    Experience
    Mr. Kakkad is Manager in ICICI Prudential Mutual Fund since 2009.
    Funds Managed

    ICICI Prudential Passive Strategy Fund (FOF) Direct Growth Details

    ICICI Prudential Passive Strategy Fund (FOF) Direct Growth is a Others Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Mrinal Singh, Manish Banthia is the Current Fund Manager of ICICI Prudential Passive Strategy Fund (FOF) Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹74 Cr and the Latest NAV as of 27 Oct 2020 is ₹66.55.

    The ICICI Prudential Passive Strategy Fund (FOF) Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹500
    Min for Second Investment
    Exit load of 1% if redeemed within 1 year
    Exit Load

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    About ICICI Prudential Mutual Fund

    Address
    One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
    Phone
    022-26525000
    Launch Date
    13 Oct 1993
    ICICI Prudential Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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