How to Invest in ICICI Prudential India Equity FOF Direct Growth?

You can easily invest in ICICI Prudential India Equity FOF Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for ICICI Prudential India Equity FOF Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in ICICI Prudential India Equity FOF Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does ICICI Prudential India Equity FOF Direct Growth provide?

The ICICI Prudential India Equity FOF Direct Growth has been there from 25 Feb 2020 and the average annual returns provided by this fund is 21.73% since its inception.

How much expense ratio is charged by ICICI Prudential India Equity FOF Direct Growth?

The term Expense Ratio used for ICICI Prudential India Equity FOF Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of ICICI Prudential India Equity FOF Direct Growth is 0.86% as of 03 Dec 2023...

What is the AUM of ICICI Prudential India Equity FOF Direct Growth?

The AUM, short for Assets Under Management of ICICI Prudential India Equity FOF Direct Growth is ₹79.04Cr as of 03 Dec 2023.

How to Redeem ICICI Prudential India Equity FOF Direct Growth?

If you want to sell your ICICI Prudential India Equity FOF Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of ICICI Prudential India Equity FOF Direct Growth?

You can select either SIP or Lumpsum investment of ICICI Prudential India Equity FOF Direct Growth based on your investment objective and risk tolerance.

What is the NAV of ICICI Prudential India Equity FOF Direct Growth?

The NAV of ICICI Prudential India Equity FOF Direct Growth is ₹22.92 as of 01 Dec 2023.

What is the PE and PB ratio of ICICI Prudential India Equity FOF Direct Growth?

The PE ratio ratio of ICICI Prudential India Equity FOF Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

ICICI Prudential India Equity FOF Direct Growth - NAV, Mutual Fund Performance & Portfolio

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ICICI Prudential India Equity FOF Direct Growth
Other
FoF Overseas/Domestic
Very High Risk
27.79%
3Y annualised
+0.70% 1D
1M
6M
1Y
3Y
All
 NAV: 01 Dec 2023₹22.92
Min. SIP amount₹100
Rating5
Fund size₹79.04Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Other FoF Overseas/Domestic
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA21.7%27.8%24.5%
Category averageNA16.1%18.9%NA
Rank with in categoryNA105NA
Understand terms
Holdings (11)NameSectorInstrumentAssets
Quantum Long Term Equity Value Fund Direct-Growth
NAMutual Fund11.6%
Invesco India Contra Fund Direct-Growth
NAMutual Fund11.6%
ICICI Prudential Pharma Healthcare And Diagnostics (P.H.D) Fund Direct - Growth
NAMutual Fund11.0%
ICICI Prudential Nifty Infrastructure ETF- Growth
NAMutual Fund9.5%
CPSE ETF-Growth
NAMutual Fund9.3%
ICICI Prudential Business Cycle Fund Direct - Growth
NAMutual Fund8.8%
Franklin India Equity Advantage Fund Direct-Growth
NAMutual Fund8.7%
ICICI Prudential Dividend Yield Equity Fund Direct-Growth
NAMutual Fund8.3%
ICICI Prudential Focused Equity Fund Direct-Growth
NAMutual Fund6.0%
ICICI Prudential Technology Direct Plan-Growth
NAMutual Fund5.7%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Other FoF Overseas/Domestic
Pros
Cons
Consistently higher annualised returns than category average for the past 1Y and 3Y
Higher expense ratio: 0.86%
Higher alpha: 7.88
The fund has generated returns higher than benchmark - S&P BSE 500 Total Return Index - in the last 3Y 
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
24 Nov 2023 - Present
0.86%
23 Nov 2023 - 24 Nov 2023
0.86%
22 Nov 2023 - 23 Nov 2023
0.86%
21 Nov 2023 - 22 Nov 2023
0.86%
20 Nov 2023 - 21 Nov 2023
0.86%
19 Nov 2023 - 20 Nov 2023
0.86%
18 Nov 2023 - 19 Nov 2023
0.86%
17 Nov 2023 - 18 Nov 2023
0.86%
16 Nov 2023 - 17 Nov 2023
0.86%
15 Nov 2023 - 16 Nov 2023
0.86%
14 Nov 2023 - 15 Nov 2023
0.86%
13 Nov 2023 - 14 Nov 2023
0.86%
12 Nov 2023 - 13 Nov 2023
0.86%
11 Nov 2023 - 12 Nov 2023
0.86%
10 Nov 2023 - 11 Nov 2023
0.86%
09 Nov 2023 - 10 Nov 2023
0.86%
08 Nov 2023 - 09 Nov 2023
0.86%
07 Nov 2023 - 08 Nov 2023
0.86%
06 Nov 2023 - 07 Nov 2023
0.86%
05 Nov 2023 - 06 Nov 2023
0.86%
04 Nov 2023 - 05 Nov 2023
0.86%
03 Nov 2023 - 04 Nov 2023
0.86%
02 Nov 2023 - 03 Nov 2023
0.86%
01 Nov 2023 - 02 Nov 2023
0.86%
31 Oct 2023 - 01 Nov 2023
0.86%
30 Oct 2023 - 31 Oct 2023
0.86%
29 Oct 2023 - 30 Oct 2023
0.86%
28 Oct 2023 - 29 Oct 2023
0.86%
27 Oct 2023 - 28 Oct 2023
0.86%
26 Oct 2023 - 27 Oct 2023
0.86%
25 Oct 2023 - 26 Oct 2023
0.86%
24 Oct 2023 - 25 Oct 2023
0.86%
23 Oct 2023 - 24 Oct 2023
0.86%
22 Oct 2023 - 23 Oct 2023
0.86%
21 Oct 2023 - 22 Oct 2023
0.86%
20 Oct 2023 - 21 Oct 2023
0.86%
19 Oct 2023 - 20 Oct 2023
0.86%
18 Oct 2023 - 19 Oct 2023
0.86%
17 Oct 2023 - 18 Oct 2023
0.86%
16 Oct 2023 - 17 Oct 2023
0.86%
15 Oct 2023 - 16 Oct 2023
0.86%
14 Oct 2023 - 15 Oct 2023
0.86%
13 Oct 2023 - 14 Oct 2023
0.86%
12 Oct 2023 - 13 Oct 2023
0.86%
11 Oct 2023 - 12 Oct 2023
0.86%
10 Oct 2023 - 11 Oct 2023
0.86%
09 Oct 2023 - 10 Oct 2023
0.86%
08 Oct 2023 - 09 Oct 2023
0.86%
07 Oct 2023 - 08 Oct 2023
0.86%
06 Oct 2023 - 07 Oct 2023
0.86%
05 Oct 2023 - 06 Oct 2023
0.86%
04 Oct 2023 - 05 Oct 2023
0.86%
03 Oct 2023 - 04 Oct 2023
0.86%
02 Oct 2023 - 03 Oct 2023
0.86%
01 Oct 2023 - 02 Oct 2023
0.86%
30 Sep 2023 - 01 Oct 2023
0.86%
29 Sep 2023 - 30 Sep 2023
0.86%
28 Sep 2023 - 29 Sep 2023
0.86%
27 Sep 2023 - 28 Sep 2023
0.86%
26 Sep 2023 - 27 Sep 2023
0.86%
15 Sep 2023 - 26 Sep 2023
0.81%
14 Sep 2023 - 15 Sep 2023
0.81%
13 Sep 2023 - 14 Sep 2023
0.81%
12 Sep 2023 - 13 Sep 2023
0.81%
11 Sep 2023 - 12 Sep 2023
0.81%
10 Sep 2023 - 11 Sep 2023
0.81%
09 Sep 2023 - 10 Sep 2023
0.81%
08 Sep 2023 - 09 Sep 2023
0.81%
07 Sep 2023 - 08 Sep 2023
0.81%
06 Sep 2023 - 07 Sep 2023
0.81%
05 Sep 2023 - 06 Sep 2023
0.81%
04 Sep 2023 - 05 Sep 2023
0.81%
03 Sep 2023 - 04 Sep 2023
0.81%
02 Sep 2023 - 03 Sep 2023
0.81%
01 Sep 2023 - 02 Sep 2023
0.81%
31 Aug 2023 - 01 Sep 2023
0.81%
31 Jul 2023 - 31 Aug 2023
0.80%
30 Jun 2023 - 31 Jul 2023
0.79%
31 May 2023 - 30 Jun 2023
0.80%
30 Apr 2023 - 31 May 2023
0.82%
31 Mar 2023 - 30 Apr 2023
0.88%
28 Feb 2023 - 31 Mar 2023
0.87%
31 Jan 2023 - 28 Feb 2023
0.88%
31 Dec 2022 - 31 Jan 2023
0.83%
30 Nov 2022 - 31 Dec 2022
0.86%
30 Nov 2022 - 30 Nov 2022
0.86%
31 Oct 2022 - 30 Nov 2022
0.90%
31 Oct 2022 - 31 Oct 2022
0.90%
31 Oct 2022 - 31 Oct 2022
0.90%
30 Sep 2022 - 31 Oct 2022
0.82%
30 Sep 2022 - 30 Sep 2022
0.82%
30 Sep 2022 - 30 Sep 2022
0.82%
31 Aug 2022 - 30 Sep 2022
0.84%
31 Aug 2022 - 31 Aug 2022
0.84%
31 Jul 2022 - 31 Aug 2022
0.66%
31 Jul 2022 - 31 Jul 2022
0.66%
30 Jun 2022 - 31 Jul 2022
0.66%
30 Jun 2022 - 30 Jun 2022
0.66%
31 May 2022 - 30 Jun 2022
0.66%
31 May 2022 - 31 May 2022
0.66%
30 Apr 2022 - 31 May 2022
0.66%
30 Apr 2022 - 30 Apr 2022
0.66%
31 Mar 2022 - 30 Apr 2022
0.66%
31 Mar 2022 - 31 Mar 2022
0.66%
28 Feb 2022 - 31 Mar 2022
0.62%
28 Feb 2022 - 28 Feb 2022
0.62%
31 Jan 2022 - 28 Feb 2022
0.68%
31 Dec 2021 - 31 Jan 2022
0.68%
30 Nov 2021 - 31 Dec 2021
0.56%
31 Oct 2021 - 30 Nov 2021
0.56%
30 Sep 2021 - 31 Oct 2021
0.49%
31 Aug 2021 - 30 Sep 2021
0.49%
31 Jul 2021 - 31 Aug 2021
0.49%
30 Jun 2021 - 31 Jul 2021
0.49%
31 May 2021 - 30 Jun 2021
0.31%
30 Apr 2021 - 31 May 2021
0.16%
31 Mar 2021 - 30 Apr 2021
0.16%
28 Feb 2021 - 31 Mar 2021
0.16%
31 Jan 2021 - 28 Feb 2021
0.16%
31 Dec 2020 - 31 Jan 2021
0.16%
30 Nov 2020 - 31 Dec 2020
0.15%
31 Oct 2020 - 30 Nov 2020
0.15%
30 Sep 2020 - 31 Oct 2020
0.15%
31 Aug 2020 - 30 Sep 2020
0.15%
31 Jul 2020 - 31 Aug 2020
0.15%
30 Jun 2020 - 31 Jul 2020
0.15%
31 May 2020 - 30 Jun 2020
0.19%
30 Apr 2020 - 31 May 2020
0.19%
31 Mar 2020 - 30 Apr 2020
0.19%
29 Feb 2020 - 31 Mar 2020
0.20%
Expense ratio, exit load and taxExpense ratio: 0.86%Inclusive of GST
Exit loadExit load of 1% if redeemed within 12 months.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹100
Fund managementDharmesh Kakkad
Feb 2020 - Present
View details
Education
Mr. kakkad is B.com., CA & CFA.
Experience
He is associated with ICICI Prudential Asset Management Company Limited from June 2010. Prior to working in Dealing function, he was working in the Operations Department of ICICI Prudential AMC.
Also manages these schemes
ICICI Prudential Passive Strategy Fund (FOF) Direct Growth
ICICI Prudential Income Optimizer Fund (FOF) Direct Growth
ICICI Prudential Value Discovery Direct Growth
ICICI Prudential Equity Arbitrage Direct Growth
ICICI Prudential Balanced Advantage Direct Growth
ICICI Prudential Asset Allocator Fund (FOF) Direct Growth
ICICI Prudential Thematic Advantage Fund (FOF)Direct Growth
ICICI Prudential Equity Savings Fund Direct Growth
ICICI Prudential Pharma Healthcare And Diagnostics (P.H.D) Fund Direct Growth
ICICI Prudential Bharat Consumption Fund Direct Growth
ICICI Prudential Global Advantage Fund (FOF) Direct Growth
ICICI Prudential India Equity FOF Direct Growth
ICICI Prudential Passive Multi Asset FoF Direct Growth
Fund house & investment objective
ICICI Prudential Mutual Fund
Rank (total assets)#3 in India
Total AUM₹4,70,643.89Cr
Date of Incorporation12 Oct 1993
 ICICI Prudential India Equity FOF Direct Growth is a Other Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. Dharmesh Kakkad is the Current Fund Manager of ICICI Prudential India Equity FOF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,70,644 Cr and the Latest NAV as of 01 Dec 2023 is ₹22.92.
The ICICI Prudential India Equity FOF Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹500. Exit load of 1% if redeemed within 12 months.
;
Investment ObjectiveThe Scheme seeks to generate returns by predominantly investing in one or more mutual fund schemes /ETFs (managed by ICICI Prudential Mutual Fund or any other Mutual Fund(s)) which invest in equity and equity related securities.
;
Fund benchmarkS&P BSE 500 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
022-26525000 / 1800-222-999 / 1800-200-6666
Launch Date
12 Oct 1993
E-mail
[email protected]
Website
www.icicipruamc.com
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
ICICI Prudential India Equity FOF Direct Growth
VS
Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	21.7%	27.8%	24.5%
Category average	NA	16.1%	18.9%	NA
Rank with in category	NA	10	5	NA

Name	Sector	Instrument	Assets
Quantum Long Term Equity Value Fund Direct-Growth	NA	Mutual Fund	11.6%
Invesco India Contra Fund Direct-Growth	NA	Mutual Fund	11.6%
ICICI Prudential Pharma Healthcare And Diagnostics (P.H.D) Fund Direct - Growth	NA	Mutual Fund	11.0%
ICICI Prudential Nifty Infrastructure ETF- Growth	NA	Mutual Fund	9.5%
CPSE ETF-Growth	NA	Mutual Fund	9.3%
ICICI Prudential Business Cycle Fund Direct - Growth	NA	Mutual Fund	8.8%
Franklin India Equity Advantage Fund Direct-Growth	NA	Mutual Fund	8.7%
ICICI Prudential Dividend Yield Equity Fund Direct-Growth	NA	Mutual Fund	8.3%
ICICI Prudential Focused Equity Fund Direct-Growth	NA	Mutual Fund	6.0%
ICICI Prudential Technology Direct Plan-Growth	NA	Mutual Fund	5.7%

Rank (total assets)	#3 in India
Total AUM	₹4,70,643.89Cr

Date of Incorporation	12 Oct 1993

Fund benchmark	S&P BSE 500 Total Return Index

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Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	5
Fund size	₹79.04Cr

ICICI Prudential India Equity FOF Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (11)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.86%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Dharmesh KakkadFeb 2020 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Dharmesh Kakkad
Feb 2020 - Present
View details