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FAQ : ICICI Prudential Equity Minimum Variance Fund - Growth - Direct Plan

ICICI Prudential Equity Minimum Variance Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) N/A N/A N/A N/A
Average Rolling Returns(%) 7.77 N/A N/A N/A

The Current NAV of ICICI Prudential Equity Minimum Variance Fund - Growth - Direct Plan is ₹10.65.

It is better to invest in a fund with a longer track record as ICICI Prudential Equity Minimum Variance Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.

ICICI Prudential Equity Minimum Variance Fund - Growth - Direct Plan fund’s expense ratio is 0.85%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of ICICI Prudential Equity Minimum Variance Fund - Growth - Direct Plan is currently ₹2,920 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and Bajaj Auto and account for 22% of its portfolio. Top 5 and 10 stocks of fund account for 31% and 51% of fund’s portfolio respectively.

Top three sectors of ICICI Prudential Equity Minimum Variance Fund - Growth - Direct Plan fund are BFSI, FMCG and IT accounting for 58% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - Thematic Fund - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of ICICI Prudential Equity Minimum Variance Fund - Growth - Direct Plan Fund is Equity - Thematic Fund - Other.

Aatur Shah and Nitya Mishra manage the ICICI Prudential Equity Minimum Variance Fund - Growth - Direct Plan Fund.

ICICI Prudential Equity Minimum Variance Fund - Growth - Direct Plan current PE ratio is 28.15 and PB ratio is 5.64

The asset allocation of ICICI Prudential Equity Minimum Variance Fund - Growth - Direct Plan is Stocks : 96.59%, Debt : 3.10% and Gold : 0.30%

The minimum SIP amount for ICICI Prudential Equity Minimum Variance Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹5000.00

The exit load for ICICI Prudential Equity Minimum Variance Fund - Growth - Direct Plan is 1% on or before 12 months, Nil after 12 months

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