July 16, 2022
mayank
ICICI Prudential BSE 500 ETF FOF
NAV Growth : Rs 9.3912
NAV IDCW : Rs 9.3911
Suitable For Which Investors ?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to generate returns by investing in units of underlying scheme – ICICI Prudential S&P BSE 500 ETF.
Fund Manager :
— 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.
— Nishit Patel
Education : Mr. Patel is a B.Com & Chartered Accountant
Experience : ICICI Prudential Asset Management Company Limited – ETF Business – November 2018 – January 2020.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | — |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
Basic Details
| Fund House: | ICICI Prudential Mutual Fund |
| Launch Date: | 02-Dec-21 |
| Return Since Launch: | -6.09% |
| Benchmark: | S&P BSE 500 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| % Assets: | Rs 22 Cr |
| (As on 30-Jun-2022) | |
| Expense: | 0.05% |
| (As on 31-May-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | — |
ICICI Prudential S&P BSE 500 ETF FOF 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 S&P BSE 500 ETF FOF Direct-G | -7.44 | 0.22 | -0.47 | 1.29 | -8.96 | -11.73 | — | — | — | — | — |
| S&P BSE 500 TRI | -6.95 | 0.65 | -0.21 | 3.22 | -8.27 | -11.32 | — | — | — | — | — |
| Equity: Flexi Cap | -8.5 | 0.61 | -0.55 | 3.57 | -7.74 | -12.32 | — | — | — | — | — |
| Rank within category | 23 | 67 | 33 | 68 | 52 | 24 | — | — | — | — | — |
| Number of funds in category | 64 | 68 | 68 | 68 | 68 | 65 | 59 | 46 | 35 | 34 | 1 |
ICICI Prudential S&P BSE 500 ETF FOF Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential S&P BSE 500 ETF FOF | Unrated | Dec-21 | — | — | — | 0.05 | 22 |
| SBI Focused Equity Fund | 4 star | Jan-13 | 0.1 | 15.56 | 13.75 | 0.69 | 23,804 |
| UTI Flexi Cap Fund | 4 star | Jan-13 | -6.39 | 17.79 | 13.33 | 0.95 | 22,657 |
| Parag Parikh Flexi Cap Fund | 5 star | May-13 | -0.53 | 22.22 | 17.32 | 0.79 | 22,324 |
| Axis Flexi Cap Fund | 4 star | Nov-17 | -3.6 | 13.84 | — | 0.63 | 9,696 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,69,808 | 1,41,212 |
| Giant (%) | 58.76 | 52.78 |
| Large (%) | 19.69 | 19.46 |
| Mid (%) | 17.47 | 21.89 |
| Small (%) | 4.08 | 6.33 |
| Tiny (%) | — | 0.08 |
ICICI Prudential S&P BSE 500 ETF FOF Guidance by Chanakya :
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
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