ICICI Prudential Mutual Fund | Business Upturn

ICICI Prudential Infrastructure Fund sees 18.27% returns in last year, top holdings in Larsen & Toubro and NTPC

Aman Shukla — Sat, 25 Jan 2025 04:10:00 +0000

ICICI Prudential Infrastructure Direct-Growth is an equity mutual fund offered by ICICI Prudential Mutual Fund. This scheme, with an AUM of ₹6,910.52 crores, has its latest NAV at ₹190.330 as of January 25, 2025.

Over the past year, the scheme delivered a return of 18.27%, while its 3-year performance stands at an impressive 120.31%. Since its inception, the scheme has achieved a remarkable total return of 574.45%.

ICICI Prudential Infrastructure Fund Return

Period	This fund	Category average
1 month	-5.69%	-8.02%
3 months	-5.31%	-6.47%
6 months	-8.17%	-11.51%
1 year	18.27%	15.87%
3 years	29.78%	24.79%
5 years	28.63%	25.6%
7 years	17.97%	15.77%
10 years	15.69%	15.22%

ICICI Prudential Infrastructure Fund Top 5 Holdings

Name	Sector	Instrument	Assets
Larsen & Toubro Ltd.	Construction	Equity	8.90%
NTPC Ltd.	Energy	Equity	3.72%
ICICI Bank Ltd.	Financial	Equity	3.69%
Shree Cement Ltd.	Construction	Equity	3.56%
JM Financial Ltd.	Financial	Equity	3.34%

Sector Allocation in ICICI Prudential Infrastructure Fund

Sector	Allocation (%)	Investment (₹ Cr)
Energy	17.76%	₹1,227.57 Cr
Financial	16.99%	₹1,173.78 Cr
Construction	15.02%	₹1,037.90 Cr
Metals & Mining	11.33%	₹782.69 Cr
Materials	11.10%	₹766.93 Cr
Others	27.81%	₹1,921.81 Cr

Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided in this article is for informational purposes only and should not be construed as investment advice or a recommendation. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any investment losses incurred based on the information in this article.

ICICI Prudential Multi Asset Fund delivers 34.50% return in last year, 86.14% over 3 years, with top holdings in HDFC Bank and ICICI Bank

Aman Shukla — Sat, 28 Sep 2024 10:16:37 +0000

ICICI Prudential Multi Asset Fund Direct-Growth is a hybrid mutual fund offered by ICICI Prudential Mutual Fund. The fund has an AUM of ₹48,201.26 Crores and the current NAV is ₹799.058 as of September 28, 2024.

The return performance of the ICICI Prudential Multi Asset Fund Direct-Growth scheme has been 34.50% in the last year, 86.14% in the previous three years and 579.90% since the scheme launch.

ICICI Prudential Multi Asset Fund Returns

Period	This fund	Category average
1 month	3.48%	2.93%
3 months	7.63%	6.51%
6 months	15.46%	14.95%
1 year	34.50%	31.34%
3 years	22.75%	17.69%
5 years	23.45%	20.45%
10 years	16.14%	13.89%

ICICI Prudential Multi Asset Fund Top 5 Holdings

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	4.92%
ICICI Bank Ltd.	Financial	Equity	4.83%
NTPC Ltd.	Energy	Equity	4.09%
Maruti Suzuki India Ltd.	Automobile	Equity	3.85%
Reliance Industries Ltd.	Energy	Equity	2.92%

Sector Allocation in ICICI Prudential Multi Asset Fund

Sector	Percentage Holding (%)	Value (₹ Cr)
Financial	16.42	₹7,915.40
Energy	8.10	₹3,904.18
Automobile	4.38	₹2,111.45
Technology	3.67	₹1,767.84
Healthcare	3.06	₹1,476.30
Others	64.37	₹31,027.15

ICICI Prudential Value Discovery Fund Records 42.9% Returns This Year

Sadhika — Thu, 20 Jun 2024 08:42:23 +0000

The ICICI Prudential Value Discovery Fund – Growth is a value fund managed by ICICI Prudential Mutual Fund.
As of May 23, 2024, the Net Asset Value (NAV) stands at ₹409.55, marking a 0.83% increase.
The fund size is ₹42,664.32 crore, representing 38.53% of the investment in its category.
With an expense ratio of 1.58%, it is relatively lower than the category average of 2.03%.
This fund is marked with a Very High risk according to the Risk-O-Meter.

ICICI Prudential Value Discovery Fund – Performance

The fund has demonstrated robust performance across various periods. It has shown significant absolute returns over different investment horizons, often surpassing its benchmark, the Nifty 500 TRI, and the category average.

Period	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	16-May-24	10,143.20	1.43%	–	1.89%	15/20
1 Month	23-Apr-24	10,279.90	2.80%	–	4.38%	19/20
3 Month	23-Feb-24	10,416.60	4.17%	–	6.20%	16/20
6 Month	23-Nov-23	12,162.60	21.63%	–	25.22%	16/20
YTD	01-Jan-24	11,200.60	12.01%	–	13.86%	13/20
1 Year	23-May-23	14,291.90	42.92%	42.78%	49.34%	14/19
2 Year	23-May-22	16,751.90	67.52%	29.38%	32.59%	13/19
3 Year	21-May-21	19,652.10	96.52%	25.18%	22.72%	6/15
5 Year	23-May-19	28,627.80	186.28%	23.38%	19.76%	2/14
10 Year	23-May-14	48,421.60	384.22%	17.07%	16.74%	6/10
Since Inception	16-Aug-04	409,550.00	3995.50%	20.64%	19.27%	4/20

SIP Performance

Systematic Investment Plans (SIP) have shown substantial returns, making it a preferred choice for investors looking for regular investment avenues.

Period	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	23-May-23	13,000	15,811.38	21.63%	40.79%
2 Year	23-May-22	25,000	34,844.46	39.38%	34.86%
3 Year	21-May-21	37,000	56,127.57	51.70%	28.62%
5 Year	23-May-19	61,000	125,127.84	105.13%	28.93%
10 Year	23-May-14	121,000	331,170.64	173.69%	19.03%

ICICI Prudential Value Discovery Fund – Risk Ratios

The fund exhibits lower volatility and better risk-adjusted returns compared to its peers. This is evident from its superior Sharpe, Treynor, and Jensen’s Alpha ratios.

Risk Metric	Fund Value	Category Avg
Standard Deviation	10.2	11.85
Beta	0.78	0.94
Sharpe Ratio	1.74	1.25
Treynor’s Ratio	0.23	0.16
Jensen’s Alpha	7.75	2.87

ICICI Prudential Value Discovery Fund – Investment Strategy

The ICICI Prudential Value Discovery Fund focuses on investing in undervalued stocks that have the potential to provide high returns over time. It has a substantial investment in large-cap stocks (62.43%) and maintains a diversified portfolio with investments in mid-cap (7.62%) and small-cap (2.96%) stocks. The fund also holds a minor portion in debt securities (0.88%), primarily government securities.

ICICI Prudential Value Discovery Fund – Portfolio Analysis

The fund has a well-diversified portfolio, with significant holdings in various sectors, including private sector banks, refineries, software, pharmaceuticals, and telecom services.

Stock Invested in	Sector	Value (Mn)	% of Total Holdings	1M Change
HDFC Bank Ltd.	Private sector bank	38,285.3	8.97%	0.14%
ICICI Bank Ltd.	Private sector bank	30,716.9	7.20%	0.13%
Reliance Industries Ltd.	Refineries & marketing	29,659.9	6.95%	-0.33%
Infosys Ltd.	Computers – software & consulting	27,784.8	6.51%	0.66%
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals	23,309.3	5.46%	-0.63%
Bharti Airtel Ltd.	Telecom – cellular & fixed line	19,975.7	4.68%	-1.25%

Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered investment advice or a recommendation to invest in any particular mutual fund or asset class. Past performance does not indicate future results, and investors should research and consult with a financial advisor before making investment decisions. Investing in mutual funds involves risks, including the possible loss of principal invested.

ICICI Prudential Balanced Advantage Fund: Returns, Details, Performance Since Inception In 2006

Sadhika — Thu, 20 Jun 2024 06:42:23 +0000

The ICICI Prudential Balanced Advantage Fund offers a well-balanced approach to investment with a focus on both equity and debt, ensuring optimal returns while managing risks effectively. With its significant allocation in large-cap stocks and government securities, it caters to investors looking for stable growth with a higher risk tolerance. However, potential investors should consider its below-average Crisil rank and higher risk profile.

The fund manager’s strategy includes holding stocks and bonds for longer durations than peers, as indicated by a lower portfolio turnover ratio of 32.00% against a category average of 185.03%.

Net Asset Value (NAV): ₹67.15 (as on 14th June, 2024)
Fund Size: ₹56,750.35 Cr (21.69% of Investment in Category)
Expense Ratio: 1.48% (versus 1.98% Category Average)
Crisil Rank: Below Average Performance Among Peers

ICICI Prudential Balanced Advantage Fund – Investment Strategy

The fund adopts a dynamic asset allocation strategy, balancing investments between equity and debt to optimise returns while mitigating risk.

Domestic Equities: 67.81%
- Large Cap Stocks: 49.96%
- Mid Cap Stocks: 8.37%
- Small Cap Stocks: 0.53%
Debt Investments: 25.34%

The fund manager’s strategy includes holding stocks and bonds for longer durations than peers, as indicated by a lower portfolio turnover ratio of 32.00% against a category average of 185.03%.

Risk Ratios

The ICICI Prudential Balanced Advantage Fund demonstrates lower volatility compared to its category average, as indicated by various risk ratios.

Ratio	Value	Category Average
Standard Deviation	4.5	6.29
Beta	0.55	0.75
Sharpe Ratio	1.34	0.83
Treynor’s Ratio	0.11	0.07
Jensen’s Alpha	3.22	1.74

ICICI Prudential Balanced Advantage Fund – Returns

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	17-May-24	10084.20	0.84%	–	1.13%	29/35
1 Month	24-Apr-24	10171.40	1.71%	–	2.32%	28/35
3 Month	23-Feb-24	10356.90	3.57%	–	3.86%	21/33
6 Month	24-Nov-23	11185.30	11.85%	–	14.25%	22/31
YTD	01-Jan-24	10689.70	6.90%	–	7.68%	20/33
1 Year	24-May-23	12171.10	21.71%	21.65%	25.73%	19/28
2 Year	24-May-22	13528.40	35.28%	16.29%	17.26%	15/24
3 Year	24-May-21	14457.90	44.58%	13.06%	12.49%	6/20
5 Year	24-May-19	18363.50	83.64%	12.91%	12.06%	5/17
10 Year	23-May-14	30637.20	206.37%	11.83%	10.80%	3/10
Since Inception	30-Dec-06	65870.00	558.70%	11.43%	12.68%	16/35

ICICI Prudential Balanced Advantage Fund – Portfolio Analysis

The portfolio comprises 99 stocks, with significant allocations in large-cap companies.

Stock	Sector	Value (Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
ICICI Bank Ltd.	Private sector bank	28,317.1	4.99%	0.20%	5.1% (Jan 2024)	4.65% (Sep 2023)	2.46 Cr	0.00
TVS Motor Company Ltd.	2/3 wheelers	25,628.5	4.52%	-0.10%	4.61% (Mar 2024)	2.81% (May 2023)	1.24 Cr	3.95 L
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	23,301.7	4.11%	0.21%	4.11% (Apr 2024)	2.57% (May 2023)	18.18 L	78.99 k
HDFC Bank Ltd.	Private sector bank	22,127.8	3.90%	0.23%	5.49% (Jul 2023)	3.62% (Feb 2024)	1.46 Cr	3.00 L
Infosys Ltd.	Computers – software & consulting	17,325.5	3.06%	-0.20%	3.85% (Aug 2023)	3.06% (Apr 2024)	1.22 Cr	0.00

Tax Treatment

Long-Term Capital Gain (LTCG): If sold after 1 year from the purchase date, a 10% tax is applicable if the total LTCG exceeds ₹1 lakh.
Short-Term Capital Gain (STCG): If sold before 1 year from the purchase date, a 15% tax is applicable.

ICICI Prudential Bluechip Fund: Details, Risk Ratios, Performance Since 2008

Sadhika — Thu, 20 Jun 2024 04:43:02 +0000

The ICICI Prudential Bluechip Fund stands out for its strong performance, disciplined investment strategy, and superior risk-adjusted returns. Its focus on large-cap stocks provides a relatively stable investment option with the potential for significant long-term gains.

Fund Category: Large Cap Fund
Net Asset Value (NAV): ₹101.97 (as of 14th June 2024)
Fund Size: ₹55,459.29 Cr
Expense Ratio: 1.49% (lower than the category average of 2.03%)
Risk Level: Very High
CRISIL Rank: Not Ranked

ICICI Prudential Bluechip Fund – Performance Analysis

The fund has consistently outperformed its benchmark, the Nifty 100 TRI, and the category average across various time periods.

Period	Fund Return	Benchmark (Nifty 100 TRI)	Category Average
1 Month	3.50%	3.44%	NA
3 Month	5.57%	5.76%	NA
6 Month	22.92%	21.41%	NA
1 Year	41.41%	32.72%	34.42%
2 Year	63.64%	27.88%	23.85%
3 Year	78.14%	21.20%	16.86%
5 Year	132.17%	18.33%	15.65%
10 Year	312.66%	15.21%	13.50%
Since Inception	897.40%	15.45%	15.85%

SIP Returns

The Systematic Investment Plan (SIP) returns for the fund are also impressive, showcasing its ability to generate wealth over the long term.

Period	Total Investment	Latest Value	Absolute Returns	Annualised Returns
1 Year	₹12,000	₹15,892.83	22.25%	42.04%
2 Year	₹25,000	₹34,366.02	37.46%	33.27%
3 Year	₹37,000	₹53,955.03	45.82%	25.74%
5 Year	₹61,000	₹1,11,732.03	83.17%	24.24%
10 Year	₹1,21,000	₹3,00,686.15	148.50%	17.25%

ICICI Prudential Bluechip Fund – Risk Ratios

The fund exhibits lower volatility compared to its category, with superior risk-adjusted returns.

Ratio	Fund	Category Average
Standard Deviation	12.07	12.92
Beta	0.89	0.95
Sharpe Ratio	0.99	0.65
Treynor’s Ratio	0.13	0.09
Jensen’s Alpha	4.37	0.19

ICICI Prudential Bluechip Fund – Portfolio

Asset Allocation

Equity: 90.87%
Debt: 0.19%
Others: 8.95%

Equity Holdings

The fund holds a diversified portfolio of 66 stocks, predominantly in large-cap companies, with a smaller allocation to mid and small-cap stocks.

Investment Type	Allocation
Large Cap Stocks	81.53%
Mid Cap Stocks	3.87%
Small Cap Stocks	0.74%
Others	4.69%

Top Holdings

Stock	Sector	Value (Mn)	% of Total Holdings	1M Change	Quantity
ICICI Bank Ltd.	Private Sector Bank	46,612.4	8.49%	0.21%	4.05 Cr
Reliance Industries Ltd.	Refineries & Marketing	42,237.3	7.69%	-0.40%	1.44 Cr
Larsen & Toubro Ltd.	Civil Construction	35,496.7	6.47%	-0.58%	98.76 L
Maruti Suzuki India Ltd.	Passenger Cars & Utility Vehicles	26,929.7	4.90%	-0.05%	21.01 L
Axis Bank Ltd.	Private Sector Bank	26,067.9	4.75%	0.37%	2.24 Cr

The low portfolio turnover ratio of 23% indicates a buy-and-hold strategy, reflecting the fund manager’s confidence in the selected stocks’ long-term performance.

Tax Treatment

Long-Term Capital Gains (LTCG): If units are sold after 1 year from the purchase date, a 10% LTCG tax is applicable if the total gain exceeds ₹1 lakh.
Short-Term Capital Gains (STCG): If units are sold within 1 year from the purchase date, a 15% STCG tax is applicable.