ICICI Prudential Manufacturing Fund - Growth - Direct Plan

NAV 32.63(-0.52%)
Feb 12, 2025
ICICI Prudential Manufacturing Fund - Growth - Direct Plan
AUM
₹6,379 Cr
Expense (%)
0.72
Turnover (%)
40.00
Benchmark
Nifty India Manufacturing - TRI
Asset Quality
Large, Green
Differs from benchmark (%)
80.09

Decision Maker

1. Right Fund

Performance
Quality

2. Right Time

Benchmark
Debt Fund
8%
Likely Future 5 Year CAGR.

3. Right Allocation

Will this Fund help diversify your portfolio?

3Yr Rolling Returns(%)

Benchmark# : NIFTY 500

Performance Summary - 10 Year X-Ray

Dec' 15Dec' 16Dec' 17Dec' 18Dec' 19Dec' 20Dec' 21Dec' 22Dec' 23Dec' 24YTD
NAV(₹)
---10.2110.5412.1317.7719.2628.6135.1832.63
AUM(Cr.)
---1270.14933.52580.49595.73638.132291.926532.756379.45
Benchmark# BM# Returns(%)
---4.767.6616.6730.193.0225.7715.16-6.37
Fund Returns(%)
---1.293.2315.0946.508.3848.5522.96-7.25
Implied  Investor Returns(%) IR(%)
----0.24-1.191.7947.528.5495.9312.41-24.39
Alpha(%)  (Returns over Benchmark)
----3.47-4.43-1.5816.315.3622.787.80-0.88
Expense Ratio(%)
---0.870.681.651.861.700.920.720.72

CAGR

9 Year5 Year3 Year1 Year
Benchmark# BM# Returns(%)
-16.9613.098.98
Fund Returns(%)
-25.4723.4913.02
Implied  Investor Returns(%) IR
-17.9613.921.24
                                                                                                                                                            Benchmark# is NIFTY 500

ICICI Prudential Manufacturing Fund Review : 13 Feb 2025

ICICI Prudential Manufacturing Fund is a Equity - Thematic Fund - Other with an 6,379(Cr) AUM. It is Open Ended scheme launched on 11 Oct 2018. Currently, Anish Tawakley and Lalit Kumar as the fund managers managing the fund. Benchmark of the scheme is Nifty India Manufacturing - TRI.

1. How has the ICICI Prudential Manufacturing Fund Performed in the past? 27

  • On a 3-year rolling returns basis It has almost always outperformed the Benchmark..
  • The fund has delivered a 3, 5 and 9 year average rolling returns of 27.83%, 26.98%, and 0.00% with a standard deviation of 6.67%, 2.73%, and 0.00% respectively.
  • It has demonstrated CAGR of 23.49%, 25.47%, and 0% over 3, 5 and 9 years.
  • The Average 3, 5 and 9 year rolling Alpha is 8.98%, 8.91%, and 0%.
  • For last 5 years, Investors have earned less returns than the Fund. This may indicate that Investors in the fund were not aligned to the investing process followed by the fund.

2. How is the Quality of ICICI Prudential Manufacturing Fund? Q

  • Portfolio Composition

    The fund is 98% in equity and hold 94 number of stocks. The Top 3 stocks are JSW Steel, Mahindra & Mahindra and Ultratech Cement and account for 16% of its portfolio. Top 5 and 10 stocks of fund account for 22% and 36% of fund’s portfolio respectively. Top three sectors of funds are Auto, Metals & Mining and Construction & Infrastructure accounting for 59% of the total portfolio.
  • 3. Should you SIP in ICICI Prudential Manufacturing Fund? 27 Q

    • Fund's returns are more likely to be different than its benchmark NIFTY 500 returns, as Fund’s portfolio is significantly different.
    • You need to look at the other funds in your portfolio and ensure this fund helps diversify your portfolio meaningfully.
    • Before investing a large lumpsum amount in a fund you need to assess its Upside Potential. You can contact us for advice.

    4. What are the Risks in the ICICI Prudential Manufacturing Fund?

    • ICICI Prudential Manufacturing Fund is likely to perform reasonably well in both a rising and falling markets.
    • The Fund has fallen harder, but not recovered faster than its Benchmark.

    Underlying Asset Quality & Valuation

    Underlying Asset Quality Valuation(%)
    Underlying Asset Valuation (%)

    Peer Comparison on returns

    Upside and Downside Capture Ratio

    1 Year3 Year5 Year9 Year
    Upside %
    131124116-
    Downside %
    54503540

    Statistical Measure*

    Mean Std Dev Sharpe Sortino Beta Alpha
    Fund
    0.03%0.880.010.021.03-0.88%
    Benchmark#
    0.03%1.110.010.021.03-
    *Based on daily returns for past 1 year.

    Mean and Standard Deviation

    Average Rolling Return Standard Deviation
    1 Year 3 Year5 Year9 Year1 Year3 Year5 Year9 Year
    Fund
    32.2827.8326.980.0030.016.672.730.00
    Benchmark#
    21.4018.8418.060.0022.584.081.760.00
    Drawdown and Recovery Period

    No Data Found

    Top 10 Holdings

    Company (Q)Sector% Assets
    Construction & Infrastructure7.66
    Auto4.44
    Metals & Mining3.51
    Auto3.26
    Construction & Infrastructure3.17
    Construction & Infrastructure3.03
    Metals & Mining2.95
    FMCG2.84
    Capital Goods2.77
    Auto2.71

    Fund Overview ICICI Prudential Manufacturing Fund - Growth

    Launch Date
    11 Oct 2018
    Benchmark
    Nifty India Manufacturing - TRI
    Performance comparison Benchmark#
    NIFTY 500
    Riskometer
    Very High
    Turnover
    40%
    Type
    Open ended scheme
    Return Since Launch
    22.45%
    Min. Investment
    5000.00
    Min. Additional investment Min. Add. inv.
    1000.00
    Min. SIP
    100.00
    Min. Cheques
    6
    Min. Withdrawal
    500.00
    Exit Load
    1.00%
    Remark
    1% on or before 1Y, Nil after 1Y
    PortfolioCompare

    FAQ : ICICI Prudential Manufacturing Fund - Growth - Direct Plan

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

    1 Year 3 Year 5 Year 9 Year
    CAGR(%) 13.02 23.49 25.47 N/A
    Average Rolling Returns(%) 30.84 26.61 25.66 N/A

    The Current NAV of ICICI Prudential Manufacturing Fund - Growth - Direct Plan is ₹32.63.

    Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.

    ICICI Prudential Manufacturing Fund - Growth - Direct Plan fund’s expense ratio is 0.72%

    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 Manufacturing Fund - Growth - Direct Plan is currently ₹6,379 Crores.

    The Top three stocks are Ultratech Cement, Mahindra & Mahindra and JSW Steel and account for 16% of its portfolio. Top 5 and 10 stocks of fund account for 22% and 36% of fund’s portfolio respectively.

    Top three sectors of ICICI Prudential Manufacturing Fund - Growth - Direct Plan fund are Auto, Metals & Mining and Construction & Infrastructure accounting for 59% of the total portfolio.

    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 Manufacturing Fund - Growth - Direct Plan Fund is Equity - Thematic Fund - Other.

    Anish Tawakley and Lalit Kumar manage the ICICI Prudential Manufacturing Fund - Growth - Direct Plan Fund.

    ICICI Prudential Manufacturing Fund - Growth - Direct Plan current PE ratio is 42.06 and PB ratio is 7.00

    The asset allocation of ICICI Prudential Manufacturing Fund - Growth - Direct Plan is Stocks : 98.43%, Debt : 1.57% and Gold : 0%

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

    The exit load for ICICI Prudential Manufacturing Fund - Growth - Direct Plan is 1% on or before 1 year, Nil after 1 year

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