July 11, 2022
mayank
ICICI Prudential Nifty Consumption ETF Guidance
NAV Growth : Rs 71.9444
Suitable For Which Investors ?
This is a fund that invests mainly in the shares of consumer-facing companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate 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 provide returns before expenses that closely correspond to the total return of the underlying index subject to tracking errors.
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) | — |
| Min. SIP Investment (Rs) | — |
| Min. No of Cheques | — |
| Min. Withdrawal (Rs) | — |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | 0 |
Basic Details
| Fund House: | ICICI Prudential Mutual Fund |
| Launch Date: | 29-Oct-21 |
| Return Since Launch: | 2.14% |
| Benchmark: | NIFTY India Consumption TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 14 Cr |
| (As on 30-Jun-2022) | |
| Expense: | 0.20% |
| (As on 31-May-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | 321.00% |
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 Nifty Consumption ETF-G | 2.06 | 0.58 | 5.36 | 7.84 | 0.8 | -0.14 | — | — | — | — | — |
| S&P BSE 500 TRI | -6.76 | 0.45 | 3.26 | -0.25 | -9.28 | -8.91 | — | — | — | — | — |
| Equity: Thematic-Consumption | -0.51 | 0.45 | 4.62 | 5.74 | -1.84 | -2.51 | — | — | — | — | — |
| Rank within category | 4 | 3 | 2 | 2 | 2 | 4 | — | — | — | — | — |
| Number of funds in category | 14 | 14 | 14 | 14 | 14 | 14 | 11 | 11 | 9 | 8 | 7 |
Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential Nifty Consumption ETF | Unrated | Oct-21 | — | — | — | 0.20% | 14 |
| Baroda BNP Paribas India Consumption Fund – Regular Plan | 4 star | Sep-18 | 6.52 | 18.05 | — | 2.33% | 830 |
| Canara Robeco Consumer Trends Fund – Regular Plan | 4 star | Sep-09 | 7.3 | 18.12 | 13.85 | 2.48% | 760 |
| Aditya Birla Sun Life India GenNext Fund | 3 star | Aug-05 | 7.39 | 17 | 12.55 | 2.17% | 2,577 |
| ICICI Prudential Bharat Consumption Fund | 3 star | Apr-19 | 18.17 | 16.05 | — | 2.11% | 1,744 |
Portfolio Analysis
| Number of Stocks | 30 |
| Top 10 Stocks (%) | 64.99 |
| Top 5 Stocks (%) | 43.37 |
| Top 3 Sectors (%) | 65.48 |
| Portfolio P/B Ratio | 7.61 |
| Portfolio P/E Ratio | 45.61 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,62,676 | 1,04,289 |
| Giant (%) | 59.07 | 45.39 |
| Large (%) | 33.49 | 25.08 |
| Mid (%) | 7.44 | 22.1 |
| Small (%) | — | 10.63 |
| Tiny (%) | — | 0.77 |
Chanakya’s Mutual Fund Guidance :
Do not invest in this, or any other consumption-themed fund, if you need to redeem your investment in less than five years.
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