April 15, 2024
mayank
ICICI Prudential PSU Equity Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 19.9500
NAV IDCW: Rs 19.9500
Suitable For Which Investors?
This is a fund that invests mainly in the shares of government-owned 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 generate long term capital appreciation by investing predominantly in equity and equity related securities of Public Sector Undertakings (PSUs).
Fund Manager:
1) Anand V 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
2) 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. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 30 days |
Basic Details
| Fund House | ICICI Prudential Mutual Fund |
| Launch Date | 09-Sep-22 |
| Return Since Launch | 54.32% |
| Benchmark | S&P BSE PSU TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 2,406 Cr |
| (As on 31-Mar-2024) | |
| Expense | 0.62% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 73.00% |
Trailing Returns (%) of ICICI Prudential PSU Equity Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ICICI Pru PSU Equity Dir | 22.24 | -0.94 | 1.63 | 19.32 | 51.02 | 87.50 | — | — | — | — |
| S&P BSE PSU TRI | 23.75 | -0.90 | 2.83 | 20.58 | 54.97 | 104.36 | — | — | — | — |
| Equity: Thematic-PSU | 21.43 | -0.66 | 4.05 | 18.87 | 49.58 | 94.22 | — | — | — | — |
| Rank within category | 1 | 5 | 5 | 2 | 2 | 4 | — | — | — | — |
| Number of funds in category | 4 | 5 | 5 | 4 | 4 | 4 | 3 | 2 | 2 | 2 |
Peer Comparison of ICICI Prudential PSU Equity Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| ICICI Pru PSU Equity Dir | Unrated | 87.50 | — | — | 0.62 | 2,406 | 54.32 | 1.00 (30) | 1Y 7M | 73.00 |
| ABSL PSU Equity Dir | Unrated | 100.11 | 48.46 | — | 0.53 | 3,404 | 34.50 | 1.00 (30) | 4Y 3M | 65.00 |
| SBI PSU Dir | Unrated | 98.43 | 45.42 | 24.63 | 0.97 | 1,876 | 12.70 | 0.50 (30) | 11Y 3M | 52.00 |
| Invesco India PSU Equity Dir | Unrated | 90.84 | 42.88 | 28.72 | 0.96 | 859 | 17.97 | 1.00 (365) | 11Y 3M | 44.00 |
| Quant PSU Dir | Unrated | — | — | — | 0.77 | 527 | 4.66 | 1.00 (15) | 1M | — |
Portfolio Analysis of ICICI Prudential PSU Equity Fund
| No. of Stocks | 27 |
| Top 10 Stocks | 61.24% |
| Top 5 Stocks | 45.58% |
| Top 3 Sectors | 72.70% |
| Portfolio P/B Ratio | 1.97 |
| Portfolio P/E Ratio | 10.69 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,83,776 | 1,68,566 |
| Giant (%) | 57.00 | 54.01 |
| Large (%) | 32.06 | 26.67 |
| Mid (%) | 9.45 | 18.13 |
| Small (%) | 1.49 | 1.79 |
| Tiny (%) | — | — |
How to Invest in ICICI Prudential PSU Equity Fund?
Chanakya’s Mutual Fund Guidance For ICICI Prudential PSU Equity Fund
Do not invest in this, or any other PSU fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.icicipruamc.com/Registration
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