July 8, 2022
mayank
ICICI Prudential Equity Savings Fund Guidance
NAV Growth : Rs 18.2900
NAV IDCW Quarterly : Rs 13.8100
Suitable For Which Investors ?
“Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.”
Fund’s Investment Strategy :
The Scheme seeks to generate regular income through investments in fixed income securities and using arbitrage and other derivative Strategies. It also intends to generate long-term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments.
Fund Manager :
— Dharmesh Kakkad
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.
— Kayzad Eghlim
Education : Mr. Eghlim is a B.Com (H) and M Com.
Experience : Prior to joining ICICI Prudential AMC he has worked with IDFC Investment Advisors Ltd., Prime Securities and Canara Robeco Mutual Fund.
— Manish Banthia
Education : Mr. Banthia is B.Com, CA and MBA
Experience : He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC – Fixed Income Investments – Aug 2007 to Oct 2009, ICICI Prudential AMC – New Product Development – Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. – From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. – From May 2004 to May 2005.
— Ritesh Lunawat
Education : Mr. Lunawat is B.Com and Chartered Accountant.
Experience : He has been Working with ICICI Prudential AMC Since September 2013.
— Sri Sharma
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 1 |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | For units in excess of 10% of the investment, 0.25% will be charged for redemption within 7 days |
Basic Details
| Fund House: | ICICI Prudential Mutual Fund |
| Launch Date: | 05-Dec-14 |
| Return Since Launch: | 8.28% |
| Benchmark: | NIFTY Equity Savings TRI |
| Riskometer: | Low to Moderate |
| Type: | Open-ended |
| Assets: | Rs 5,007 Cr |
| (As on 31-May-2022) | |
| Expense: | 0.45% |
| (As on 31-May-2022) | |
| Risk Grade: | Below Average |
| Return Grade: | Below Average |
| Turnover: | 35.00% |
ICICI Prudential Equity Savings Fund Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| ICICI Pru Equity Savings Direct-G | 2.81 | 0.05 | -0.33 | -0.05 | -0.05 | 2.41 | 6.52 | 7.68 | 7.72 | 8.56 | — |
| VR MIP TRI | -2.43 | 0.38 | 1.12 | -0.01 | -3.33 | -3.36 | 2.71 | 6.99 | 7.58 | 7.73 | — |
| Hybrid: Equity Savings | -1.37 | 0.3 | 0.97 | 0.18 | -2.45 | -2.24 | 3.43 | 8.45 | 7.6 | 7.73 | — |
| Rank within category | 1 | 21 | 21 | 18 | 1 | 1 | 2 | 16 | 10 | 3 | — |
| Number of funds in category | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 19 | 13 | 9 | 0 |
ICICI Prudential Equity Savings Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential Equity Savings Fund | 3 star | Dec-14 | 6.52 | 7.68 | 7.72 | 0.45% | 5,007 |
| SBI Equity Savings Fund | 4 star | May-15 | 2.23 | 9.22 | 8.09 | 0.64% | 2,373 |
| Kotak Equity Savings Fund | 4 star | Oct-14 | 7.01 | 9.56 | 8.82 | 1.14% | 1,890 |
| Mirae Asset Equity Savings Fund | 5 star | Dec-18 | 3.68 | 11.65 | — | 0.41% | 538 |
| Mahindra Manulife Equity Savings Dhan Sanchay Yojana | 4 star | Feb-17 | 4.06 | 11.37 | 8.95 | 0.62% | 426 |
Portfolio Analysis
| Number of Stocks | 62 |
| Number of Bonds | 17 |
| Average Maturity (yrs) * | — |
| Top 10 Holdings (%)* | — |
| Portfolio P/B Ratio | 2.11 |
| Portfolio P/E Ratio | 12.89 |
ICICI Prudential Equity Savings Fund Guidance by Chanakya :
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