Great! You have sucessfully subscribed for newsletters for investments
Knowing this helps you control risk in your portfolio
Determine this by answering these simple questions.
NAV as of ( Sep 09, 2022 )
₹ 18.67 0.05 % 1-D Change
You get upto 0.55% extra returns
ET Money Rank
Out of 18
Generated returns consistently
Increased returns for each unit of additional risk
Controlled losses during market corrections
Delivered returns without frequent ups and downs
Sign-up for free to view fund's Report Card
Select SIP date
How long should this SIP run?
Fresh Investments closed in this fund!
This fund is no longer available to invest
|ET Money Rank||9 Out of 18|
|Expense ratio||0.44% As on Jul 31, 2022|
|AUM (Fund Size)||₹ 5,146 Crs|
|Age||7 yrs 9 m Since Nov 18, 2014|
|Benchmark||NIFTY Equity Savings TRI|
SIP ₹ 100 &
Lumpsum ₹ 5000
Answer a few simple questions and understand why you take the financial decisions you do.
You would have earned ₹ 1,001 more by investing in ET Money Direct Plan
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 15.71%
Mid Cap 0.76%
Small Cap 0.03%
Other Cap 0%
Metals & Mining 6.6%
Reserve Bank of India 14.32%
DLF Cyber City Developers Ltd. 1.13%
Essar Oil Ltd. 0.76%
Cash & Call Money 2.71%
Cash Margin 53.81%
Treasury Bills 14.31%
GOI Securities 5.29%
Mutual Fund 4.89%
ICICI Prudential Flexible Income Plan - Direct Plan 4.89%
|Fund name||Annual Return %||Consistency||Value Research Rating|
|Sundaram Equity Savings Fund||10.43%|
|Edelweiss Equity Savings Fund||9.39%|
|Axis Equity Saver Fund||9.17%|
|HDFC Equity Savings Fund||9.02%|
|Kotak Equity Savings Fund||8.95%|
|SBI Equity Savings Fund||8.64%|
|ICICI Prudential Equity Savings Fund||7.77%|
Sign-up for free to compare fund with equity savings funds
|Period||Trailing returns||Category average||Rank within category|
|1 month||0.48%||0.93%||15 / 18|
|3 months||2.36%||5.56%||18 / 18|
|6 months||3.49%||3.78%||11 / 18|
|1 year||6.69%||4.44%||3 / 18|
|3 years||8.69%||10.6%||17 / 18|
|5 years||7.77%||7.86%||10 / 14|
Level of Risk in the Scheme
Sorry! Our analysts are busy working on analysing a risk rating for this scheme. Please bear with us in the meantime.
HYBRID EQUITY SAVINGS
The Scheme seeks to generate regular income through investments in fixed income securities and using arbitrage and other derivative Strategies. It also intends to generate long-term capital appreciation by investing a portion of the Scheme's assets in equity and equity related instruments.
Mr. Eghlim is a B.Com (H) and M Com.
Prior to joining ICICI Prudential AMC he has worked with IDFC Investment Advisors Ltd., Prime Securities and Canara Robeco Mutual Fund.
Mr. kakkad is B.com., CA & CFA.
He is associated with ICICI Prudential Asset Management Company Limited from June 2010. Prior to working in Dealing function, he was working in the Operations Department of ICICI Prudential AMC.
Mr. Lunawat is B.Com and Chartered Accountant.
He has been Working with ICICI Prudential AMC Since September 2013.
Mr. Banthia is B.Com, CA and MBA
He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
As on Jun 30, 2022
The ICICI Prudential Equity Savings Fund is a 7 yrs 9 m old fund and has delivered average annual returns of 8.4% since inception.
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of ICICI Prudential Equity Savings Fund for Sep 09, 2022 is 18.67 .
ICICI Prudential Equity Savings Fund has an ET Money Rank of # 9 of 18 and a consistency rating of 2 .
This indicates the fund has not generated great returns and even those are not very consistent. You might want to look at other funds in its category.
On ET Money, Investing in ICICI Prudential Equity Savings Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of ICICI Prudential Equity Savings Fund is 0.44%. .
Redeeming your investments in ICICI Prudential Equity Savings Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in ICICI Prudential Equity Savings Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of ICICI Prudential Equity Savings Fund is ₹5,146 Crs.
The ICICI Prudential Equity Savings Fund's equity portion has been invested in the stocks of the following companies
|Company||Percentage of Portfolio|
|Axis Bank Ltd.||4.34%|
|National Thermal Power Corp. Ltd.||4.26%|
|Adani Ports and Special Economic Zone Ltd.||4.07%|
|HDFC Bank Ltd.||3.09%|
|Tata Steel Ltd.||3.08%|
|State Bank of India||3%|
|Oil & Natural Gas Corpn. Ltd.||2.69%|
|Sun Pharmaceutical Inds. Ltd.||2.68%|
|Housing Development Finance Corpn. Ltd.||2.65%|
The ICICI Prudential Equity Savings Fund's equity portion is primarily invested in the following sectors -
|Sector||Percentage of Portfolio|
|Metals & Mining||6.6%|
The credit rating of the instruments in which the fund invests represents the quality of the borrower.The ICICI Prudential Equity Savings Fund's debt portion's allocation by credit quality is given below
|Credit Quality||Percentage of Portfolio|
|Cash & Call Money||2.71%|
The top 3 debt holdings of ICICI Prudential Equity Savings Fund are as follows
|Holding Name||Percentage of Portfolio|
|Reserve Bank of India||14.32%|
|DLF Cyber City Developers Ltd.||1.13%|