ICICI Prudential Equity Savings Fund Direct Growth
HybridEquity SavingsLow to Moderate Risk
Direct
NAV (17-May-24)
₹21.770.00%1D
Returns (Since Inception)
8.58%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹10,118 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, 5 months and 15 days, having been launched on 05-Dec-14.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹21.77, Assets Under Management (AUM) of 10118.19 Crores, and an expense ratio of 0.5%.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹21.77, Assets Under Management (AUM) of 10118.19 Crores, and an expense ratio of 0.5%.
- ICICI Prudential Equity Savings Fund Direct Growth has given a CAGR return of 8.58% since inception.
- The fund's asset allocation comprises around 18.11% in equities, 13.73% in debts, and 68.15% 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
+11.30%
+14.64% (Cat Avg.)
3 Years
+8.72%
+9.36% (Cat Avg.)
5 Years
+8.83%
+9.31% (Cat Avg.)
Since Inception
+8.58%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Equity | ₹1,832.79 Cr | 18.11% |
| Debt | ₹1,389.64 Cr | 13.73% |
| Others | ₹6,895.77 Cr | 68.15% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹5,907.16 Cr | 58.38% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹640.97 Cr | 6.33% |
| HDFC Bank Ltd | Equity | ₹592.08 Cr | 5.85% |
| Hindustan Unilever Ltd | Equity | ₹575.35 Cr | 5.69% |
| Infosys Ltd | Equity | ₹531.48 Cr | 5.25% |
| ITC Ltd | Equity | ₹500.36 Cr | 4.95% |
| Future on Tata Motors Ltd | Equity - Future | ₹-460.7 Cr | 4.55% |
| Tata Motors Ltd Class A | Equity | ₹447.25 Cr | 4.42% |
| Cash Margin - Derivatives | Cash - Collateral | ₹409.49 Cr | 4.05% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-374.66 Cr | 3.70% |
| Future on NTPC Ltd | Equity - Future | ₹-373.18 Cr | 3.69% |
| ICICI Bank Ltd | Equity | ₹372.28 Cr | 3.68% |
| NTPC Ltd | Equity | ₹371.34 Cr | 3.67% |
| Reliance Industries Ltd | Equity | ₹370.98 Cr | 3.67% |
| HDFC Life Insurance Company Limited | Equity | ₹334.3 Cr | 3.30% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹334.23 Cr | 3.30% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-331.57 Cr | 3.28% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-331.51 Cr | 3.28% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹329.95 Cr | 3.26% |
| Embassy Office Parks Reit | Bond - Asset Backed | ₹329.28 Cr | 3.25% |
| Future on ITC Ltd | Equity - Future | ₹-323.19 Cr | 3.19% |
| Treps | Cash - Repurchase Agreement | ₹306.29 Cr | 3.03% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-306.02 Cr | 3.02% |
| Future on Axis Bank Ltd | Equity - Future | ₹-291.66 Cr | 2.88% |
| Axis Bank Ltd | Equity | ₹289.94 Cr | 2.87% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-265.11 Cr | 2.62% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-256.54 Cr | 2.54% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹248.85 Cr | 2.46% |
| Future on Tata Steel Ltd. | Equity - Future | ₹-243.61 Cr | 2.41% |
| Tata Steel Ltd | Equity | ₹241.85 Cr | 2.39% |
| Future on Infosys Ltd | Equity - Future | ₹-218.56 Cr | 2.16% |
| Tata Consultancy Services Ltd | Equity | ₹192.55 Cr | 1.90% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-192.32 Cr | 1.90% |
| Maruti Suzuki India Ltd | Equity | ₹191.43 Cr | 1.89% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-186.78 Cr | 1.85% |
| Bajaj Finance Ltd | Equity | ₹185.55 Cr | 1.83% |
| Future on Hero MotoCorp Ltd | Equity - Future | ₹-180.04 Cr | 1.78% |
| Hero MotoCorp Ltd | Equity | ₹178.68 Cr | 1.77% |
| 8% Govt Stock 2034 | Bond - Gov't/Treasury | ₹177.11 Cr | 1.75% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-134.14 Cr | 1.33% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-133.38 Cr | 1.32% |
| Larsen & Toubro Ltd | Equity | ₹132.52 Cr | 1.31% |
| Future on Power Grid Corp Of India Ltd | Equity - Future | ₹-113.36 Cr | 1.12% |
| Power Grid Corp Of India Ltd | Equity | ₹112.8 Cr | 1.11% |
| Future on Coal India Ltd | Equity - Future | ₹-99.7 Cr | 0.99% |
| Coal India Ltd | Equity | ₹99.22 Cr | 0.98% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹96.77 Cr | 0.96% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-96.62 Cr | 0.95% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹96.23 Cr | 0.95% |
| Oil & Natural Gas Corp Ltd | Equity | ₹96.16 Cr | 0.95% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-92.11 Cr | 0.91% |
| Ambuja Cements Ltd | Equity | ₹91.72 Cr | 0.91% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-90.46 Cr | 0.89% |
| Mahindra & Mahindra Ltd | Equity | ₹89.89 Cr | 0.89% |
| Lupin Ltd | Equity | ₹74.01 Cr | 0.73% |
| Future on Lupin Ltd | Equity - Future | ₹-73.94 Cr | 0.73% |
| State Bank of India | Equity | ₹73.87 Cr | 0.73% |
| Future on State Bank of India | Equity - Future | ₹-73.71 Cr | 0.73% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-70.36 Cr | 0.70% |
| Grasim Industries Ltd | Equity | ₹70.17 Cr | 0.69% |
| Dlf Cyber City Developers Ltd | Bond - Corporate Bond | ₹59.57 Cr | 0.59% |
| Future on Indian Oil Corp Ltd | Equity - Future | ₹-58.9 Cr | 0.58% |
| Indian Oil Corp Ltd | Equity | ₹58.61 Cr | 0.58% |
| Future on Canara Bank | Equity - Future | ₹-55.34 Cr | 0.55% |
| Canara Bank | Equity | ₹54.91 Cr | 0.54% |
| HCL Technologies Ltd | Equity | ₹53.48 Cr | 0.53% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-53.17 Cr | 0.53% |
| Future on JSW Steel Ltd | Equity - Future | ₹-53.14 Cr | 0.53% |
| JSW Steel Ltd | Equity | ₹52.76 Cr | 0.52% |
| 182 DTB 30052024 | Bond - Gov't/Treasury | ₹51.72 Cr | 0.51% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-50.64 Cr | 0.50% |
| Bharti Airtel Ltd | Equity | ₹50.25 Cr | 0.50% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-49.92 Cr | 0.49% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹49.88 Cr | 0.49% |
| GAIL (India) Ltd | Equity | ₹49.55 Cr | 0.49% |
| 182 DTB 06062024 | Bond - Gov't/Treasury | ₹47.68 Cr | 0.47% |
| Dr. Reddy's Laboratories Ltd. | Equity - Future | ₹-47.45 Cr | 0.47% |
| Dr Reddy's Laboratories Ltd | Equity | ₹47.39 Cr | 0.47% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-44.07 Cr | 0.44% |
| UltraTech Cement Ltd | Equity | ₹43.88 Cr | 0.43% |
| Future on HDFC Life Insurance Company Limited | Equity - Future | ₹-42.01 Cr | 0.42% |
| Future on ICICI Lombard General Insurance Co Ltd | Equity - Future | ₹-30.91 Cr | 0.31% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹30.71 Cr | 0.30% |
| 182 DTB 09052024 | Bond - Gov't/Treasury | ₹29.96 Cr | 0.30% |
| Future on Jindal Steel & Power Ltd | Equity - Future | ₹-26.25 Cr | 0.26% |
| Jindal Steel & Power Ltd | Equity | ₹26.15 Cr | 0.26% |
| Motilal Oswal Finvest Limited | Cash - Commercial Paper | ₹24.99 Cr | 0.25% |
| Shriram Finance Ltd. | Bond - Corporate Bond | ₹24.86 Cr | 0.25% |
| Uttar Pradesh (Government of) | Bond - Sub-sovereign Government Debt | ₹22.35 Cr | 0.22% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-22.33 Cr | 0.22% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹22.15 Cr | 0.22% |
| Bharat Highways InvIT Unit | Equity | ₹19.78 Cr | 0.20% |
| Land Kart Builders Private Limited | Bond - Corporate Bond | ₹16.56 Cr | 0.16% |
| Future on SBI Life Insurance Company Limited | Equity - Future | ₹-16.28 Cr | 0.16% |
| SBI Life Insurance Company Limited | Equity | ₹16.16 Cr | 0.16% |
| Future on Asian Paints Ltd | Equity - Future | ₹-15.23 Cr | 0.15% |
| Asian Paints Ltd | Equity | ₹15.13 Cr | 0.15% |
| India (Republic of) | Bond - Short-term Government Bills | ₹14.96 Cr | 0.15% |
| West Bengal (Government of) | Bond - Sub-sovereign Government Debt | ₹10.02 Cr | 0.10% |
| West Bengal (Government of) | Bond - Sub-sovereign Government Debt | ₹10.01 Cr | 0.10% |
| Uttar Pradesh (Government of) | Bond - Sub-sovereign Government Debt | ₹9.99 Cr | 0.10% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-7.92 Cr | 0.08% |
| Tata Power Co Ltd | Equity | ₹7.88 Cr | 0.08% |
| Future on Dabur India Ltd | Equity - Future | ₹-7.22 Cr | 0.07% |
| Dabur India Ltd | Equity | ₹7.17 Cr | 0.07% |
| Net Current Assets | Cash | ₹6.76 Cr | 0.07% |
| Future on Samvardhana Motherson International Ltd | Equity - Future | ₹-4.12 Cr | 0.04% |
| Samvardhana Motherson International Ltd | Equity | ₹4.1 Cr | 0.04% |
| Future on United Spirits Ltd | Equity - Future | ₹-3.48 Cr | 0.03% |
| United Spirits Ltd | Equity | ₹3.46 Cr | 0.03% |
| Future on Bank of Baroda | Equity - Future | ₹-2.98 Cr | 0.03% |
| Bank of Baroda | Equity | ₹2.96 Cr | 0.03% |
| Option on HDFC Bank Ltd | Equity - Option (Call) | ₹-2.67 Cr | 0.03% |
| Future on Mahanagar Gas Ltd | Equity - Future | ₹-2.56 Cr | 0.03% |
| Mahanagar Gas Ltd | Equity | ₹2.54 Cr | 0.03% |
| Option on Reliance Industries Ltd | Equity - Option (Call) | ₹-2.32 Cr | 0.02% |
| Option on Infosys Ltd | Equity - Option (Call) | ₹-2.21 Cr | 0.02% |
| Option on Hindustan Unilever Ltd | Equity - Option (Call) | ₹-2.13 Cr | 0.02% |
| Option on HDFC Life Insurance Company Limited | Equity - Option (Call) | ₹-1.82 Cr | 0.02% |
| Itc Ltd. (Covered Call) | Equity - Option (Call) | ₹-1.78 Cr | 0.02% |
| Option on Sun Pharmaceuticals Industries Ltd | Equity - Option (Call) | ₹-1.75 Cr | 0.02% |
| Option on Tata Consultancy Services Ltd | Equity - Option (Call) | ₹-1.06 Cr | 0.01% |
| Ntpc Limited | Bond - Corporate Bond | ₹0.38 Cr | 0.00% |
| Uttar Pradesh (Government of) | Bond - Sub-sovereign Government Debt | ₹0.31 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 | ₹1,972.54 Cr | 19.50% |
| Consumer Defensive | ₹1,086.35 Cr | 10.74% |
| Consumer Cyclical | ₹911.34 Cr | 9.01% |
| Healthcare | ₹784.51 Cr | 7.75% |
| Technology | ₹777.5 Cr | 7.68% |
| Energy | ₹624.96 Cr | 6.18% |
| Utilities | ₹544.11 Cr | 5.38% |
| Basic Materials | ₹541.65 Cr | 5.35% |
| Industrials | ₹462.47 Cr | 4.57% |
| Communication Services | ₹50.25 Cr | 0.50% |
Risk & Performance Ratios
Standard Deviation
This fund
1.96%
Cat. avg.
4.70%
Lower the better
Sharpe Ratio
This fund
1.60
Cat. avg.
0.86
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.70
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
AN
Archana Nair
Since February 2024
KN
Kaivalya Nadkarni
Since February 2024
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF109KA11J9 | Expense Ratio | 0.50% | Exit Load | No Charges | Fund Size | ₹10,118 Cr | Age | 05 Dec 2014 | 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
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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% | ₹5132.18 Cr | 20.4% |
| Kotak Equity Savings Fund Regular Growth Moderate Risk | 1.9% | 1.0% | ₹5132.18 Cr | 19.2% |
| Edelweiss Equity Savings Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹389.20 Cr | 16.2% |
| Edelweiss Equity Savings Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹389.20 Cr | 17.4% |
| Baroda BNP Paribas Equity Savings Fund Regular Growth Moderately High risk | 2.5% | 1.0% | ₹433.01 Cr | 15.6% |
| Baroda BNP Paribas Equity Savings Fund Direct Growth Moderately High risk | 1.5% | 1.0% | ₹433.01 Cr | 16.7% |
| Tata Equity Savings Fund Regular Growth Moderately High risk | 1.1% | 0.0% | ₹141.56 Cr | 15.8% |
| Bandhan Equity Savings Fund Regular Growth Moderate Risk | 1.4% | 0.0% | ₹113.46 Cr | 10.4% |
| PGIM India Equity Savings Fund Regular Growth Low to Moderate Risk | 1.3% | 0.0% | ₹91.25 Cr | 8.9% |
| Sundaram Equity Savings Fund Regular Growth Moderate Risk | 2.2% | 0.0% | ₹815.59 Cr | 19.1% |
About the AMC
Total AUM
₹7,40,943 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 Low to Moderate Risk
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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 17-May-2024, is ₹21.77.
What are the returns of ICICI Prudential Equity Savings Fund Direct Growth?
The fund has generated 11.30% over the last 1 year and 8.72% 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 18.11% in equities, 13.73% in bonds, and 68.15% 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
- Archana Nair
- Kaivalya Nadkarni
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 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.