July 8, 2022
mayank
ICICI Prudential Housing Opportunities Fund Guidance
NAV Growth : Rs 9.7500
NAV IDCW : Rs 9.7600
Suitable For Which Investors ?
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to generate long-term capital appreciation by investing in equity and equity related instruments of entities engaged in and/or expected to benefit from the growth in housing theme.
Fund Manager :
— Anand Sharma
Education : Mr. Sharma is B.E (Computer Engineer) and Master of Management Studies from University of Mumbai
Experience : Prior to joining ICICI Prudential AMC, he has worked with Oracle Financial Services Software Ltd
— 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.
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 30 days |
Basic Details
| Fund House: | ICICI Prudential Mutual Fund |
| Launch Date: | 18-Apr-22 |
| Return Since Launch: | -2.50% |
| Benchmark: | Nifty Housing TRI |
| Riskometer: | Moderately High |
| Type: | Open-ended |
| Assets: | Rs 3,097 Cr |
| (As on 31-May-2022) | |
| Expense: | 0.32% |
| (As on 31-May-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | 3.00% |
ICICI Prudential Housing Opportunities 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 Housing Opportunities Fund Direct-G | — | 0.93 | 2.2 | 1.14 | — | — | — | — | — | — | — |
| S&P BSE 500 TRI | — | 0.97 | 2.87 | -1.03 | — | — | — | — | — | — | — |
ICICI Prudential Housing Opportunities Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential Housing Opportunities Fund | Unrated | Apr-22 | — | — | — | 0.32% | 3,097 |
| ICICI Prudential Thematic Advantage Fund (FOF) | Unrated | Jan-13 | 5.54 | 20.58 | 13.17 | 0.23% | 13,152 |
| ICICI Prudential Business Cycle Fund | Unrated | Jan-21 | 8.93 | — | — | 0.54% | 5,145 |
| ICICI Prudential India Opportunities Fund | Unrated | Jan-19 | 15.03 | 18.93 | — | 0.71% | 4,692 |
| Aditya Birla Sun Life Business Cycle Fund | Unrated | Dec-21 | — | — | — | 0.28% | 2,239 |
Portfolio Analysis
| Number of Stocks | 26 |
| Top 10 Stocks (%) | 69.06 |
| Top 5 Stocks (%) | 44.25 |
| Top 3 Sectors (%) | 67.06 |
| Portfolio P/B Ratio | 2.06 |
| Portfolio P/E Ratio | 13.53 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,01,633 | 1,21,193 |
| Giant (%) | 77.53 | 44.17 |
| Large (%) | 13.47 | 27.64 |
| Mid (%) | 5.75 | 23.21 |
| Small (%) | 3.25 | 8.6 |
| Tiny (%) | — | — |
ICICI Prudential Housing Opportunities Fund Guidance by Chanakya :
Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.
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