July 12, 2022
mayank
ICICI Prudential Nifty Smallcap 250 Index Fund Guidance
NAV Growth : Rs 8.6241
NAV IDCW : Rs 8.6240
Suitable For Which Investors ?
When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in smaller companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to invest in companies whose securities are included in Nifty Smallcap 250 Index and subject to tracking errors, to endeavor to achieve the returns of the above index. This would be done by investing in stocks comprising the Nifty Smallcap 250 Index in the same weightage that they represent in Nifty Smallcap 250 Index.
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) | 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: | 02-Nov-21 |
| Return Since Launch: | -13.76% |
| Benchmark: | NIFTY Smallcap 250 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| % Assets: | Rs 49 Cr |
| (As on 30-Jun-2022) | |
| Expense: | 0.30% |
| (As on 31-May-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | 23.00% |
ICICI Prudential Nifty Smallcap 250 Index 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 Nifty Smallcap 250 Index Fund Direct-G | -14.36 | 1.03 | 3.41 | -0.85 | -15.29 | -17.59 | — | — | — | — | — |
| S&P BSE 250 SmallCap TRI | -13.21 | 1.13 | 3.63 | -0.46 | -14.77 | -16.7 | — | — | — | — | — |
| Equity: Small Cap | -9.96 | 0.9 | 3.46 | 1.23 | -10.78 | -12.48 | — | — | — | — | — |
| Rank within category | 24 | 8 | 15 | 24 | 23 | 24 | — | — | — | — | — |
| Number of funds in category | 28 | 29 | 29 | 29 | 29 | 28 | 26 | 20 | 14 | 13 | 0 |
ICICI Prudential Nifty Smallcap 250 Index Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential Nifty Smallcap 250 Index Fund | Unrated | Nov-21 | — | — | — | 0.30% | 49 |
| Nippon India Small Cap Fund | 4 star | Jan-13 | 10.71 | 29.7 | 17.11 | 1.03% | 18,358 |
| SBI Small Cap Fund | 4 star | Jan-13 | 7.91 | 27.19 | 18.37 | 0.76% | 11,646 |
| Axis Small Cap Fund | 5 star | Nov-13 | 8.82 | 27.74 | 19.18 | 0.48% | 8,956 |
| Kotak Small Cap Fund | 4 star | Jan-13 | 7.83 | 31.8 | 17.21 | 0.49% | 7,080 |
Portfolio Analysis
| Number of Stocks | 250 |
| Top 10 Stocks (%) | 11.25 |
| Top 5 Stocks (%) | 6.04 |
| Top 3 Sectors (%) | 41.68 |
| Portfolio P/B Ratio | 2.28 |
| Portfolio P/E Ratio | 19.8 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 7,719 | 8,886 |
| Giant (%) | — | 5.8 |
| Large (%) | — | 3.42 |
| Mid (%) | 40.21 | 41.83 |
| Small (%) | 59.79 | 54.17 |
| Tiny (%) | — | 0.54 |
ICICI Prudential Nifty Smallcap 250 Index Fund Guidance by Chanakya :
Do not invest in this, or any other small-cap fund, if you need to redeem your investment in less than seven years.
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