July 18, 2022
mayank
ICICI Prudential S&P BSE Midcap Select ETF Guidance
NAV Growth : Rs 96.0746
Suitable For Which Investors ?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This fund invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains. We believe this flexibility is good for fund investors, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.
Like for all equity funds, you must invest 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) | 5,000 |
| 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: | 04-Jul-16 |
| Return Since Launch: | 11.29% |
| Benchmark: | S&P BSE Midcap Select TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| % Assets: | Rs 24 Cr |
| (As on 30-Jun-2022) | |
| Expense: | 0.15% |
| (As on 31-May-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | 43.00% |
ICICI Prudential S&P BSE Midcap Select ETF 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 S&P BSE Midcap Select ETF | -7.32 | 1.27 | 0.94 | 3.91 | -9.43 | -11.92 | -0.34 | 14.05 | 7.57 | — | — |
| S&P BSE Large Mid Cap TRI* | -6.09 | 0.65 | -0.32 | 3.26 | -7.76 | -10.56 | 2.64 | 14.05 | 11.29 | — | — |
| Equity: Large & MidCap* | -8.55 | 0.65 | -0.05 | 4.14 | -7.52 | -12.5 | 0.58 | 15.26 | 9.76 | — | — |
| Rank within category* | 10 | 1 | 1 | 18 | 26 | 13 | 17 | 16 | 17 | — | — |
| Number of funds in category* | 29 | 30 | 30 | 30 | 30 | 29 | 28 | 24 | 20 | 19 | 17 |
ICICI Prudential S&P BSE Midcap Select ETF Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential S&P BSE Midcap Select ETF | Unrated | Jul-16 | -0.34 | 14.05 | 7.57 | 0.15 | 24 |
| Mirae Asset Emerging Bluechip Fund – Regular Plan | 5 star | Jul-10 | -0.41 | 19.07 | 13.66 | 1.69 | 20,664 |
| Canara Robeco Emerging Equities Fund – Regular Plan | 4 star | Mar-05 | 0.48 | 17.52 | 11.53 | 1.84 | 12,769 |
| Kotak Equity Opportunities Fund – Regular Plan | 4 star | Sep-04 | 1.49 | 16.09 | 10.65 | 1.83 | 9,223 |
| Axis Growth Opportunities Fund – Regular Plan | 5 star | Oct-18 | -3.55 | 18.83 | — | 2 | 7,071 |
Portfolio Analysis
| Number of Stocks | 30 |
| Top 10 Stocks (%) | 45.4 |
| Top 5 Stocks (%) | 26.13 |
| Top 3 Sectors (%) | 47.37 |
| Portfolio P/B Ratio | 3.82 |
| Portfolio P/E Ratio | 27.3 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 41,358 | 89,555 |
| Giant (%) | — | 38.85 |
| Large (%) | 43.51 | 18.14 |
| Mid (%) | 56.49 | 41.43 |
| Small (%) | — | 3.44 |
| Tiny (%) | — | 0 |
ICICI Prudential S&P BSE Midcap Select ETF Guidance by Chanakya :
Do not invest in this, or any other large & mid-cap fund, if you need to redeem your investment in less than five years.
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