Fund Details
ICICI Prudential FMCG Direct Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.88% |
| NAV | ₹290.55 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹574 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. Higher expense ratio - 1.89%
3. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ITC Ltd. | FMCG | Equity | 24.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 17.0% |
| United Spirits Ltd. | FMCG | Equity | 5.5% |
| United Breweries Ltd. | FMCG | Equity | 5.4% |
| Nestle India Ltd. | FMCG | Equity | 4.9% |
| Aditya Birla Fashion and Retail Ltd. | Services | Equity | 3.6% |
| Britannia Industries Ltd. | FMCG | Equity | 3.6% |
| Marico Ltd. | FMCG | Equity | 3.5% |
| Bharti Airtel Ltd. | Communication | Equity | 3.3% |
| Avenue Supermarts Ltd. | Services | Equity | 2.9% |
Fund Managers
ICICI Prudential FMCG Direct Growth Details
ICICI Prudential FMCG Direct Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Atul Patel is the Current Fund Manager of ICICI Prudential FMCG Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹574 Cr and the Latest NAV as of 25 Jan 2021 is ₹290.55.
The ICICI Prudential FMCG Direct Growth is rated High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 15 days
Investment Objective
The scheme seeks to generate long-term capital appreciation through investments predominantly in equity and related securities of FMCG companies. Around 90 per cent of the corpus would be invested in the equities of FMCG companies, with the balance 10 per cent invested in the debt and money market instruments.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
