Dezerv

Fund Overview

Fund Size

Fund Size

₹2,371 Cr

Expense Ratio

Expense Ratio

0.15%

ISIN

ISIN

INF109KC18U7

Minimum SIP

Minimum SIP

-

Exit Load

Exit Load

-

Inception Date

Inception Date

09 Aug 2019

About this fund

This fund has been in existence for 4 years, 10 months and 3 days, having been launched on 09-Aug-19.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹24.64, Assets Under Management (AUM) of 2371.17 Crores, and an expense ratio of 0.15%.
  • The fund's asset allocation comprises around 99.70% in equities, 0.00% in debts, and 0.30% in cash & cash equivalents.

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

+10.25%

+21.38% (Cat Avg.)

3 Years

+10.73%

+15.78% (Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity2,364.01 Cr99.70%
Others7.16 Cr0.30%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity626.85 Cr26.49%
ICICI Bank LtdEquity607.2 Cr25.66%
Axis Bank LtdEquity264.73 Cr11.19%
IndusInd Bank LtdEquity227.55 Cr9.61%
Kotak Mahindra Bank LtdEquity222.67 Cr9.41%
The Federal Bank LtdEquity139.29 Cr5.89%
IDFC First Bank LtdEquity116.01 Cr4.90%
Bandhan Bank LtdEquity59.33 Cr2.51%
RBL Bank LtdEquity56.45 Cr2.39%
City Union Bank LtdEquity39.43 Cr1.67%
TrepsCash - Repurchase Agreement6.58 Cr0.28%
Net Current AssetsCash0.56 Cr0.02%

Allocation By Market Cap (Equity)

Large Cap Stocks

82.35%

Mid Cap Stocks

13.29%

Small Cap Stocks

4.05%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services2,359.52 Cr99.70%

Risk & Performance Ratios

Standard Deviation

This fund

16.10%

Cat. avg.

16.57%

Lower the better

Sharpe Ratio

This fund

0.31

Cat. avg.

0.55

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.98

Higher the better

Fund Managers

NP

Nishit Patel

Since January 2021

PS

Priya Sridhar

Since February 2024

AS

Ajaykumar Solanki

Since February 2024

Additional Scheme Detailsas of 31st May 2024

ISININF109KC18U7Expense Ratio0.15%Exit Load-Fund Size₹2,371 CrAge09 Aug 2019Lumpsum Minimum-Fund StatusOpen Ended Investment CompanyBenchmarkNifty Private Bank TR INR

Investment ObjectiveInvestment 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 Sector - Financial Services Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata Nifty Private Bank ETF

Very High Risk

0.1%-₹8.96 Cr10.2%
Aditya Birla Sun Life Nifty Financial Services ETF

Very High Risk

----
Nippon India ETF Nifty PSU Bank BeES

Very High Risk

0.5%-₹2734.96 Cr82.3%
Kotak Nifty PSU Bank ETF

Very High Risk

0.5%-₹1580.70 Cr82.3%
HDFC Nifty Bank ETF

Very High Risk

0.2%-₹2364.43 Cr13.7%
ICICI Prudential Nifty Private Banks ETF

Very High Risk

0.1%-₹1911.12 Cr14.1%
Axis NIFTY Bank ETF

Very High Risk

0.2%-₹234.09 Cr13.6%
ICICI Prudential Banking and Financial Services Regular Growth

Very High Risk

1.8%1.0%₹7107.43 Cr18.9%
UTI Banking and Financial Services Fund Regular Growth

Very High Risk

2.2%1.0%₹1056.18 Cr23.3%
Nippon India Banking & Financial Services Fund Regular Growth

Very High Risk

1.9%1.0%₹5462.71 Cr24.6%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of ICICI Prudential Nifty Private Banks ETF, as of 11-Jun-2024, is ₹24.64.
The fund has generated 10.25% over the last 1 year and 10.73% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 99.70% in equities, 0.00% in bonds, and 0.30% in cash and cash equivalents.
The fund managers responsible for ICICI Prudential Nifty Private Banks ETF are:-
  1. Nishit Patel
  2. Priya Sridhar
  3. Ajaykumar Solanki