July 8, 2022
mayank
ICICI Prudential ESG Fund
NAV Growth : Rs 12.6100
NAV IDCW : Rs 11.5100
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 Thematic ESG 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 Thematic ESG 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 long-term capital appreciation by investing in a diversified basket of companies identified based on the Environmental, Social and Governance (ESG) criteria.
Fund Manager :
— Mittul Kalawadia
Education : Mr. Kalawadia is a B.Com. from Mithibai College, M.Com. from University of Mumbai and CA. from ICAI.
Experience : He has been associated with ICICI Prudential since 2012.
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) | — |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | 1% for redemption within 365 days |
Basic Details
| Fund House: | ICICI Prudential Mutual Fund |
| Launch Date: | 09-Oct-20 |
| Return Since Launch: | 14.24% |
| Benchmark: | NIFTY 100 ESG TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 1,396 Cr |
| (As on 31-May-2022) | |
| Expense: | 0.93% |
| (As on 31-May-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | 83.00% |
ICICI Prudential ESG 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 ESG Fund Direct-G | -10.57 | 0.72 | 3.11 | -0.24 | -7.55 | -10.5 | -4.97 | — | — | — | — |
| S&P BSE 100 TRI | -5.91 | 0.9 | 2.74 | -1.21 | -8.16 | -8.34 | 3.07 | — | — | — | — |
| Equity: Thematic-ESG | -11.4 | 0.92 | 3.42 | 0.03 | -10.24 | -12.7 | 0.1 | — | — | — | — |
| Rank within category | 5 | 7 | 8 | 5 | 2 | 3 | 7 | — | — | — | — |
| Number of funds in category | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 1 | 1 | 1 | 0 |
ICICI Prudential ESG Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential ESG Fund | Unrated | Oct-20 | -4.97 | — | — | 0.93% | 1,396 |
| SBI Magnum Equity ESG Fund | Unrated | Jan-13 | 2.96 | 12.77 | 12.01 | 1.35% | 4,246 |
| Axis ESG Equity Fund | Unrated | Feb-20 | -6.08 | — | — | 0.67% | 1,638 |
| Kotak ESG Opportunities Fund | Unrated | Dec-20 | -6.2 | — | — | 0.38% | 1,430 |
| Aditya Birla Sun Life ESG Fund | Unrated | Dec-20 | -2.39 | — | — | 0.63% | 963 |
Portfolio Analysis
| Number of Stocks | 49 |
| Top 10 Stocks (%) | 47.1 |
| Top 5 Stocks (%) | 30.16 |
| Top 3 Sectors (%) | 51.23 |
| Portfolio P/B Ratio | 4.32 |
| Portfolio P/E Ratio | 29.52 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 90,817 | 1,93,717 |
| Giant (%) | 46.41 | 58.17 |
| Large (%) | 18.58 | 19.87 |
| Mid (%) | 22.71 | 17.79 |
| Small (%) | 12.3 | 5.95 |
| Tiny (%) | — | — |
ICICI Prudential ESG Fund Guidance by Chanakya :
Do not invest in this, or any otherThematic ESG fund, if you need to redeem your investment in less than five years.
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