ICICI Prudential Equity Savings Fund Direct Growth
HybridEquity SavingsModerate Risk
Direct
NAV (22-Oct-24)
₹22.96-0.26%1D
Returns (Since Inception)
8.78%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹12,168 Cr
Expense Ratio
0.50%
ISIN
INF109KA11J9
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
05 Dec 2014
About this fund
ICICI Prudential Equity Savings Fund Direct Growth is a Equity Savings mutual fund schemes offered by ICICI Prudential Mutual Fund. This fund has been in existence for 9 years, 10 months and 18 days, having been launched on 05-Dec-14.
As of 22-Oct-24, it has a Net Asset Value (NAV) of ₹22.96, Assets Under Management (AUM) of 12168.01 Crores, and an expense ratio of 0.5%.
As of 22-Oct-24, it has a Net Asset Value (NAV) of ₹22.96, Assets Under Management (AUM) of 12168.01 Crores, and an expense ratio of 0.5%.
- ICICI Prudential Equity Savings Fund Direct Growth has given a CAGR return of 8.78% since inception.
- The fund's asset allocation comprises around 17.83% in equities, 8.54% in debts, and 73.62% in cash & cash equivalents.
- You can start investing in ICICI Prudential Equity Savings Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+11.03%
+15.18% (Cat Avg.)
3 Years
+8.92%
+8.78% (Cat Avg.)
5 Years
+9.14%
+10.32% (Cat Avg.)
Since Inception
+8.78%
— (Cat Avg.)
Portfolio Summaryas of 30th September 2024
| Equity | ₹2,169.18 Cr | 17.83% |
| Debt | ₹1,038.79 Cr | 8.54% |
| Others | ₹8,960.04 Cr | 73.64% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹7,496.65 Cr | 61.61% |
| ICICI Pru Money Market Dir Gr | Mutual Fund - Open End | ₹993.1 Cr | 8.16% |
| Reliance Industries Ltd | Equity | ₹781.67 Cr | 6.42% |
| Treps | Cash - Repurchase Agreement | ₹740.71 Cr | 6.09% |
| HDFC Bank Ltd | Equity | ₹686.47 Cr | 5.64% |
| ITC Ltd | Equity | ₹562.47 Cr | 4.62% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-562.06 Cr | 4.62% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-549.81 Cr | 4.52% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹543.71 Cr | 4.47% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-455.55 Cr | 3.74% |
| Future on Tata Motors Ltd | Equity - Future | ₹-450.44 Cr | 3.70% |
| Tata Motors Ltd | Equity | ₹447.25 Cr | 3.68% |
| Future on ITC Ltd | Equity - Future | ₹-443.79 Cr | 3.65% |
| Future on NTPC Ltd | Equity - Future | ₹-404.58 Cr | 3.32% |
| NTPC Ltd | Equity | ₹402.27 Cr | 3.31% |
| Hindustan Unilever Ltd | Equity | ₹399.13 Cr | 3.28% |
| Net Current Assets | Cash | ₹-385.83 Cr | 3.17% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-344.51 Cr | 2.83% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹342.59 Cr | 2.82% |
| HDFC Life Insurance Co Ltd | Equity | ₹325 Cr | 2.67% |
| Infosys Ltd | Equity | ₹317.23 Cr | 2.61% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-308.89 Cr | 2.54% |
| Ambuja Cements Ltd | Equity | ₹292.02 Cr | 2.40% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-257.77 Cr | 2.12% |
| Mahindra & Mahindra Ltd | Equity | ₹255.64 Cr | 2.10% |
| ICICI Bank Ltd | Equity | ₹238.94 Cr | 1.96% |
| Cash Margin - Derivatives | Cash - Collateral | ₹225.74 Cr | 1.86% |
| Axis Bank Ltd | Equity | ₹216.28 Cr | 1.78% |
| Dr Reddy's Laboratories Ltd | Equity | ₹204.63 Cr | 1.68% |
| 07.18 Goi 14082033 | Bond - Gov't/Treasury | ₹197.86 Cr | 1.63% |
| Future on Infosys Ltd | Equity - Future | ₹-197.06 Cr | 1.62% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-196.94 Cr | 1.62% |
| Bajaj Finance Ltd | Equity | ₹196.33 Cr | 1.61% |
| Future on Tata Steel Ltd. | Equity - Future | ₹-193.38 Cr | 1.59% |
| Tata Steel Ltd | Equity | ₹192.36 Cr | 1.58% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-192.18 Cr | 1.58% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-188.05 Cr | 1.55% |
| State Bank of India | Equity | ₹187.7 Cr | 1.54% |
| Maruti Suzuki India Ltd | Equity | ₹187.48 Cr | 1.54% |
| Tata Consultancy Services Ltd | Equity | ₹187.12 Cr | 1.54% |
| Nexus Select Trust Reits | Equity - REIT | ₹184.7 Cr | 1.52% |
| Vedanta Ltd | Equity | ₹183.47 Cr | 1.51% |
| Future on Vedanta Ltd | Equity - Future | ₹-183.2 Cr | 1.51% |
| 8% Govt Stock 2034 | Bond - Gov't/Treasury | ₹177.91 Cr | 1.46% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-175.16 Cr | 1.44% |
| Cipla Ltd | Equity | ₹174.83 Cr | 1.44% |
| Future on Axis Bank Ltd | Equity - Future | ₹-170.38 Cr | 1.40% |
| Hero MotoCorp Ltd | Equity | ₹165.76 Cr | 1.36% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-162.22 Cr | 1.33% |
| HCL Technologies Ltd | Equity | ₹162.13 Cr | 1.33% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-161.96 Cr | 1.33% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-160.95 Cr | 1.32% |
| Larsen & Toubro Ltd | Equity | ₹160.66 Cr | 1.32% |
| Bharti Airtel Ltd | Equity | ₹154.21 Cr | 1.27% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-152.5 Cr | 1.25% |
| Power Grid Corp Of India Ltd | Equity | ₹148.87 Cr | 1.22% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹145.83 Cr | 1.20% |
| Wipro Ltd | Equity | ₹141.48 Cr | 1.16% |
| Future on Cipla Ltd | Equity - Future | ₹-137.27 Cr | 1.13% |
| 07.06 Goi 2028 | Bond - Gov't/Treasury | ₹131.56 Cr | 1.08% |
| Nestle India Ltd | Equity | ₹123.32 Cr | 1.01% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-122.76 Cr | 1.01% |
| Oil & Natural Gas Corp Ltd | Equity | ₹106.33 Cr | 0.87% |
| Future on Power Grid Corp Of India Ltd | Equity - Future | ₹-105.2 Cr | 0.86% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-105.08 Cr | 0.86% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-104.5 Cr | 0.86% |
| Kotak Mahindra Bank Ltd | Equity | ₹104.19 Cr | 0.86% |
| Vodafone Idea Ltd | Equity | ₹103.6 Cr | 0.85% |
| Future on Nestle India Ltd | Equity - Future | ₹-97.52 Cr | 0.80% |
| Future on Coal India Ltd | Equity - Future | ₹-96.87 Cr | 0.80% |
| Coal India Ltd | Equity | ₹96.31 Cr | 0.79% |
| Cigniti Technologies Ltd | Equity | ₹93.72 Cr | 0.77% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-80.78 Cr | 0.66% |
| Future on Hero MotoCorp Ltd | Equity - Future | ₹-80.12 Cr | 0.66% |
| Bajaj Finserv Ltd | Equity | ₹80.12 Cr | 0.66% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-78.37 Cr | 0.64% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹75.66 Cr | 0.62% |
| Future on JSW Steel Ltd | Equity - Future | ₹-61.95 Cr | 0.51% |
| JSW Steel Ltd | Equity | ₹61.6 Cr | 0.51% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹50.33 Cr | 0.41% |
| Future on Canara Bank | Equity - Future | ₹-49.44 Cr | 0.41% |
| Future on Indian Oil Corp Ltd | Equity - Future | ₹-49.27 Cr | 0.40% |
| Future on Bharat Petroleum Corp Ltd | Equity - Future | ₹-49.22 Cr | 0.40% |
| Canara Bank | Equity | ₹49.15 Cr | 0.40% |
| Indian Oil Corp Ltd | Equity | ₹49.01 Cr | 0.40% |
| Bharat Petroleum Corp Ltd | Equity | ₹48.94 Cr | 0.40% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-45.31 Cr | 0.37% |
| GAIL (India) Ltd | Equity | ₹44.96 Cr | 0.37% |
| Future on Titan Co Ltd | Equity - Future | ₹-41.72 Cr | 0.34% |
| Titan Co Ltd | Equity | ₹41.42 Cr | 0.34% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹41.32 Cr | 0.34% |
| Future on State Bank of India | Equity - Future | ₹-37.4 Cr | 0.31% |
| Indus Towers Ltd. | Equity - Future | ₹-34.22 Cr | 0.28% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹34.03 Cr | 0.28% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-33.43 Cr | 0.27% |
| UltraTech Cement Ltd | Equity | ₹33.16 Cr | 0.27% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-31.44 Cr | 0.26% |
| Future on LTIMindtree Ltd | Equity - Future | ₹-31.26 Cr | 0.26% |
| LTIMindtree Ltd | Equity | ₹31.22 Cr | 0.26% |
| SBI Life Insurance Co Ltd | Equity | ₹31.19 Cr | 0.26% |
| Future on Jindal Steel & Power Ltd | Equity - Future | ₹-29.46 Cr | 0.24% |
| Jindal Steel & Power Ltd | Equity | ₹29.24 Cr | 0.24% |
| Motilal Oswal Finvest Limited | Cash - Commercial Paper | ₹24.99 Cr | 0.21% |
| Shriram Finance Ltd. | Bond - Corporate Bond | ₹24.94 Cr | 0.20% |
| Uttar Pradesh (Government of) | Bond - Sub-sovereign Government Debt | ₹19.58 Cr | 0.16% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-14.56 Cr | 0.12% |
| IndusInd Bank Ltd | Equity | ₹14.48 Cr | 0.12% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-13.31 Cr | 0.11% |
| Eicher Motors Ltd | Equity | ₹13.19 Cr | 0.11% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-12.76 Cr | 0.10% |
| Grasim Industries Ltd | Equity | ₹12.65 Cr | 0.10% |
| 7.10%Goi 08/04/2034 | Bond - Gov't/Treasury | ₹11.76 Cr | 0.10% |
| West Bengal (Government of) | Bond - Sub-sovereign Government Debt | ₹10.44 Cr | 0.09% |
| Future on ICICI Lombard General Insurance Co Ltd | Equity - Future | ₹-9.19 Cr | 0.08% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹9.13 Cr | 0.08% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-8.59 Cr | 0.07% |
| Tata Power Co Ltd | Equity | ₹8.53 Cr | 0.07% |
| Land Kart Builders Private Limited | Bond - Corporate Bond | ₹8.31 Cr | 0.07% |
| West Bengal (Government of) | Bond - Sub-sovereign Government Debt | ₹7.26 Cr | 0.06% |
| Future on Samvardhana Motherson International Ltd | Equity - Future | ₹-6.66 Cr | 0.05% |
| Samvardhana Motherson International Ltd | Equity | ₹6.6 Cr | 0.05% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-5.99 Cr | 0.05% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹5.94 Cr | 0.05% |
| Future on United Spirits Ltd | Equity - Future | ₹-4.72 Cr | 0.04% |
| United Spirits Ltd | Equity | ₹4.67 Cr | 0.04% |
| Future on Wipro Ltd | Equity - Future | ₹-3.27 Cr | 0.03% |
| Future on Bank of Baroda | Equity - Future | ₹-2.62 Cr | 0.02% |
| Bank of Baroda | Equity | ₹2.61 Cr | 0.02% |
| Reliance Industries Ltd. (Covered Call) | Equity - Option (Call) | ₹-2.6 Cr | 0.02% |
| Dr. Reddy's Laboratories Ltd. (Covered Call) | Equity - Option (Call) | ₹-1.47 Cr | 0.01% |
| Hdfc Life Insurance Company Ltd (Covered Call) | Equity - Option (Call) | ₹-1.34 Cr | 0.01% |
| Hdfc Bank Ltd. (Covered Call) | Equity - Option (Call) | ₹-1.32 Cr | 0.01% |
| Power Grid Corporation Of India Ltd. (Covered Call) | Equity - Option (Call) | ₹-1.2 Cr | 0.01% |
| Sun Pharmaceutical Industries Ltd. (Covered Call) | Equity - Option (Call) | ₹-1.07 Cr | 0.01% |
| Oil & Natural Gas Corporation Ltd. (Covered Call) | Equity - Option (Call) | ₹-1 Cr | 0.01% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-1 Cr | 0.01% |
| TVS Motor Co Ltd | Equity | ₹0.99 Cr | 0.01% |
| Itc Ltd. (Covered Call) | Equity - Option (Call) | ₹-0.89 Cr | 0.01% |
| Infosys Ltd. (Covered Call) | Equity - Option (Call) | ₹-0.81 Cr | 0.01% |
| Hindustan Unilever Ltd. (Covered Call) | Equity - Option (Call) | ₹-0.68 Cr | 0.01% |
| Wipro Ltd. (Covered Call) | Equity - Option (Call) | ₹-0.67 Cr | 0.01% |
| Bharti Airtel Ltd. (Covered Call) | Equity - Option (Call) | ₹-0.67 Cr | 0.01% |
| Cipla Ltd. (Covered Call) | Equity - Option (Call) | ₹-0.66 Cr | 0.01% |
| State Bank Of India (Covered Call) | Equity - Option (Call) | ₹-0.6 Cr | 0.00% |
| Axis Bank Ltd. (Covered Call) | Equity - Option (Call) | ₹-0.45 Cr | 0.00% |
| Icici Bank Ltd. (Covered Call) | Equity - Option (Call) | ₹-0.42 Cr | 0.00% |
| Hero Motocorp Ltd. (Covered Call) | Equity - Option (Call) | ₹-0.41 Cr | 0.00% |
| Ntpc Limited | Bond - Corporate Bond | ₹0.38 Cr | 0.00% |
| Nestle India Ltd. (Covered Call) | Equity - Option (Call) | ₹-0.35 Cr | 0.00% |
| Uttar Pradesh (Government of) | Bond - Sub-sovereign Government Debt | ₹0.32 Cr | 0.00% |
| Maruti Suzuki India Ltd. (Covered Call) | Equity - Option (Call) | ₹-0.29 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
61.02%
Mid Cap Stocks
0.66%
Small Cap Stocks
--
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹2,141.59 Cr | 17.60% |
| Consumer Cyclical | ₹1,118.35 Cr | 9.19% |
| Consumer Defensive | ₹1,089.59 Cr | 8.95% |
| Energy | ₹1,082.25 Cr | 8.89% |
| Technology | ₹932.9 Cr | 7.67% |
| Healthcare | ₹929.12 Cr | 7.64% |
| Basic Materials | ₹804.5 Cr | 6.61% |
| Utilities | ₹604.64 Cr | 4.97% |
| Industrials | ₹503.24 Cr | 4.14% |
| Communication Services | ₹291.84 Cr | 2.40% |
Risk & Performance Ratios
Standard Deviation
This fund
2.09%
Cat. avg.
4.43%
Lower the better
Sharpe Ratio
This fund
1.51
Cat. avg.
0.80
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.52
Higher the better
Fund Managers
Manish Banthia
Since December 2014
Ritesh Lunawat
Since December 2020
DK
Dharmesh Kakkad
Since February 2021
Sri Sharma
Since April 2021
SD
Sharmila D’mello
Since July 2022
AS
Ajaykumar Solanki
Since August 2024
AN
Archana Nair
Since February 2024
Additional Scheme Detailsas of 30th September 2024
ISIN INF109KA11J9 | Expense Ratio 0.50% | Exit Load No Charges | Fund Size ₹12,168 Cr | Age 9 years 10 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Equity Savings Index TR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Equity Savings Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Equity Savings Fund Direct Growth Moderate Risk | 0.7% | 1.0% | ₹7643.87 Cr | 19.0% |
| Kotak Equity Savings Fund Regular Growth Moderate Risk | 1.8% | 1.0% | ₹7643.87 Cr | 17.7% |
| Edelweiss Equity Savings Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹508.67 Cr | 16.0% |
| Edelweiss Equity Savings Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹508.67 Cr | 17.1% |
| Baroda BNP Paribas Equity Savings Fund Regular Growth Moderate Risk | 2.5% | 1.0% | ₹658.09 Cr | 16.5% |
| Baroda BNP Paribas Equity Savings Fund Direct Growth Moderate Risk | 1.4% | 1.0% | ₹658.09 Cr | 17.8% |
| Tata Equity Savings Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹203.61 Cr | 15.4% |
| Bandhan Equity Savings Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹141.01 Cr | 10.0% |
| PGIM India Equity Savings Fund Regular Growth Low to Moderate Risk | 1.3% | 0.0% | ₹90.25 Cr | 9.5% |
| Sundaram Equity Savings Fund Regular Growth Moderately High risk | 2.1% | 0.0% | ₹926.21 Cr | 18.1% |
About the AMC
ICICI Prudential Mutual Fund
Total AUM
₹8,71,687 Cr
Address
3rd Floor, Hallmark Business Plaza, Mumbai, 400 051
Other Funds by ICICI Prudential Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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Still got questions?
We're here to help.
What is the current NAV of ICICI Prudential Equity Savings Fund Direct Growth?
The NAV of ICICI Prudential Equity Savings Fund Direct Growth, as of 22-Oct-2024, is ₹22.96.
What are the returns of ICICI Prudential Equity Savings Fund Direct Growth?
The fund has generated 11.03% over the last 1 year and 8.92% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of ICICI Prudential Equity Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 17.83% in equities, 8.54% in bonds, and 73.62% in cash and cash equivalents.
Who manages the ICICI Prudential Equity Savings Fund Direct Growth?
The fund managers responsible for ICICI Prudential Equity Savings Fund Direct Growth are:-
- Manish Banthia
- Ritesh Lunawat
- Dharmesh Kakkad
- Sri Sharma
- Sharmila D’mello
- Ajaykumar Solanki
- Archana Nair
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.