Review of ICICI Prudential Equity Minimum Variance Fund NFO
November 14, 2024
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Review of ICICI Prudential Equity Minimum Variance Fund NFO @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst.
[ A ] Benchmark Performance of NIFTY 50 TRI
Performance
| Index Returns (%) # |
QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -6.17 | 11.38 | 26.87 | 15.30 | 11.61 |
| Total Return | -6.07 | 12.64 | 28.39 | 16.63 | |
| Net Total Return | -7.02 | 11.15 | 26.64 | 15.95 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 13.42 | 18.95 | 22.87 |
| Beta (NIFTY 50) | 1.00 | 1.00 | 1.00 |
| Correlation (NIFTY 50) | 1.00 | 1.00 | 1.00 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 22.58 | 3.63 | 1.27 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 12.11 |
| ICICI Bank Ltd. | 8.38 |
| Reliance Industries Ltd. | 8.31 |
| Infosys Ltd. | 5.82 |
| ITC Ltd. | 4.18 |
| Bharti Airtel Ltd. | 3.98 |
| Larsen & Toubro Ltd. | 3.92 |
| Tata Consultancy Services Ltd. | 3.73 |
| Axis Bank Ltd. | 3.04 |
| State Bank of India | 2.90 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Nitya Mishra
| Fund | ICICI Prudential Energy Opportunities Fund | It’s Benchmark | ICICI Prudential NASDAQ 100 Index Fund | It’s Benchmark |
| 1 Year | — | — | 37.09 | 27.50 |
| 3 Year | — | — | 13.19 | 13.13 |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — |
— |
— | — |
As on 14-11-2024
Past Performance of Vaibhav Dusad
| Fund | ICICI Prudential Technology Fund | It’s Benchmark | ICICI Prudential Bluechip Fund | It’s Benchmark |
| 1 Year | 38.44 | 36.94 | 29.84 | 25.65 |
| 3 Year | 7.88 | 8.10 | 14.94 | 11.92 |
| 5 Year | 29.51 | 25.01 | 18.97 | 17.30 |
| 7 Year | 24.89 | 23.83 | 14.68 | 14.28 |
| 10 Year | 17.99 |
16.73 |
13.77 | 12.88 |
As on 14-11-2024
Note on Fund Managers’ performance