July 8, 2022
mayank
ICICI Prudential Income Optimizer Fund (FOF) Guidance
NAV Growth : Rs 46.4821
NAV IDCW : Rs 42.4053
Suitable For Which Investors ?
“Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds. 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 returns from fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt portion of these funds provides a moderate, but steady stream of income. The small 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 by predominantly investing in debt oriented schemes. The Scheme will also invest in equity oriented & hybrid oriented schemes with an aim to generate capital appreciation.
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.
— 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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 1 |
| 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: | 01-Jan-13 |
| Return Since Launch: | 8.84% |
| Benchmark: | CRISIL Composite Bond Index (65), NIFTY 50 TRI (35) |
| Riskometer: | Moderately High |
| Type: | Open-ended |
| Assets: | Rs 259 Cr |
| (As on 31-May-2022) | |
| Expense: | 0.07% |
| (As on 31-May-2022) | |
| Risk Grade: | Low |
| Return Grade: | Above Average |
| Turnover: | — |
ICICI Prudential Income Optimizer Fund (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 Income Optimizer (FOF) Direct-G | 0.81 | 0.24 | 0.41 | -0.23 | -1.28 | 0.64 | 4.74 | 8.76 | 8.06 | 7.83 | — |
| VR MIP TRI | -2.43 | 0.38 | 1.12 | -0.01 | -3.33 | -3.36 | 2.71 | 6.99 | 7.58 | 7.73 | — |
| Hybrid: Conservative Hybrid | -0.49 | 0.15 | 0.98 | 0.74 | -1.84 | -0.89 | 4.56 | 7.55 | 6.73 | 7.75 | — |
| Rank within category | 6 | 7 | 35 | 36 | 10 | 4 | 14 | 9 | 5 | 12 | — |
| Number of funds in category | 35 | 36 | 36 | 36 | 36 | 35 | 35 | 31 | 29 | 28 | 0 |
ICICI Prudential Income Optimizer Fund (FOF) Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential Income Optimizer Fund (FOF) | 4 star | Jan-13 | 4.74 | 8.76 | 8.06 | 0.07% | 259 |
| SBI Conservative Hybrid Fund | 4 star | Jan-13 | 6.39 | 10.51 | 7.88 | 0.56% | 6,079 |
| ICICI Prudential Regular Savings Fund | 5 star | Jan-13 | 6.77 | 9.41 | 8.67 | 0.99% | 3,204 |
| Kotak Debt Hybrid Fund | 5 star | Jan-13 | 6.13 | 11.35 | 9.17 | 0.45% | 1,468 |
| Canara Robeco Conservative Hybrid Fund | 5 star | Jan-13 | 3.32 | 9.96 | 8.6 | 0.61% | 1,118 |
Portfolio Analysis
| Number of Stocks | 0 |
| Number of Bonds | 0 |
| Average Maturity (yrs) * | — |
| Top 10 Holdings (%)* | — |
| Portfolio P/B Ratio | 2.14 |
| Portfolio P/E Ratio | 15.21 |
ICICI Prudential Income Optimizer Fund (FOF) Guidance by Chanakya :
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