December 11, 2024
mayank
ICICI Prudential Rural Opportunities Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the ICICI Prudential Rural Opportunities Fund Open Date, Close Date?
NFO opens on January 09, 2025
NFO will close on January 23, 2025
Investment Strategy for this NFO?
The scheme seeks to generate long-term capital appreciation by investing in Equity & Equity related instruments of companies following Rural and/or allied theme.
Basic Details
| Fund House | ICICI Prudential Mutual Fund |
| Issue Open | 09 January 2025 |
| Issue Close | 23 January 2025 |
| Type | Open-ended |
| Category | Equity: Thematic |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 12 months |
| Riskometer | Very High |
| Benchmark | Nifty Rural TRI |
About Benchmark Index for this NFO?
NSE Indices has developed the Nifty Rural Index which aims to track the performance of stocks from the Nifty 500 Index which represent the rural theme. The largest 75 stocks from eligible basic industries are selected based on 6 month average free-float market capitalization. The weight of each stock in the index is based on its free-float market capitalization.
Nifty Rural Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty Rural Total Returns Index.
Portfolio Characteristics
| Methodology | Periodic Capped Free Float |
| No. of Constituents | 75 |
| Launch Date | July 25, 2024 |
| Base Date | April 01, 2005 |
| Base Value | 1000 |
| Calculation Frequency | End of day |
| Index Rebalancing | Semi-annual |
Fund Managers of ICICI Prudential Rural Opportunities Fund
1) Priyanka Khandelwal
Education: Ms. Khandelwal is Chartered Accountant and Company Secretary
Experience: She has been Working with ICICI Prudential Mutual Fund Since October 2014.
2) Sankaran 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.
AMC
ICICI Prudential Asset Management Company Ltd
Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai – 400051
Website: http://www.icicipruamc.com
Registrar & Transfer Agent
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Review for ICICI Prudential Rural Opportunities Fund @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of Nifty Rural TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -11.10 | 12.46 | 21.10 | 17.19 | 14.52 |
| Total Return | -11.00 | 13.66 | 22.39 | 18.49 | 16.04 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 15.01 | 18.75 | 21.14 |
| Beta (NIFTY 50) | 0.99 | 0.92 | 0.94 |
| Correlation (NIFTY 50) | 0.92 | 0.93 | 0.95 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 27.9 | 4.31 | 1.17 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| ITC Ltd. | 8.94 |
| Bharti Airtel Ltd. | 8.79 |
| State Bank of India | 6.51 |
| Mahindra & Mahindra Ltd. | 5.33 |
| Hindustan Unilever Ltd. | 4.48 |
| Bajaj Finance Ltd. | 3.71 |
| NTPC Ltd. | 3.47 |
| Tata Motors Ltd. | 3.37 |
| Maruti Suzuki India Ltd. | 2.94 |
| UltraTech Cement Ltd. | 2.58 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Priyanka Khandelwal
| Fund | ICICI Prudential FMCG Fund | It’s Benchmark | ICICI Prudential Transportation and Logistics Fund | It’s Benchmark |
| 1 Year | 5.14 | 25.13 | 36.04 | 25.13 |
| 3 Year | 13.18 | 16.61 | — | — |
| 5 Year | 14.36 | 20.66 | — | — |
| 7 Year | 11.94 | 15.52 | — | — |
| 10 Year | 11.78 | 14.56 | — | — |
As on 12-12-2024
Past Performance of Sankaran Naren
| Fund | ICICI Prudential Multi Asset Fund | It’s Benchmark | ICICI Prudential Exports and Services Fund | It’s Benchmark |
| 1 Year | 22.06 | 17.68 | 29.88 | 25.13 |
| 3 Year | 19.78 | 12.54 | 20.58 | 16.61 |
| 5 Year | 21.42 | 15.49 | 22.89 | 20.66 |
| 7 Year | 15.49 | 13.46 | 15.39 | 15.52 |
| 10 Year | 14.45 | 11.99 | 14.60 | 14.56 |
As on 12-12-2024
Note on Fund Managers’ performance
[ C ] Conclusion
X
Is it good to invest in ICICI Prudential Rural Opportunities Fund NFO?
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