Direct
NAV (11-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
-
Expense Ratio
-
ISIN
INF109KC19W1
Minimum SIP
-
Exit Load
-
Inception Date
14 Aug 2024
About this fund
- ICICI Prudential Nifty Metal ETF has given a CAGR return of -9.79% since inception.
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.
Since Inception
-9.79%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Tata Steel Ltd | Equity | ₹3.79 Cr | 18.86% |
| Hindalco Industries Ltd | Equity | ₹3.08 Cr | 15.35% |
| JSW Steel Ltd | Equity | ₹2.7 Cr | 13.45% |
| Adani Enterprises Ltd | Equity | ₹2.38 Cr | 11.86% |
| Vedanta Ltd | Equity | ₹2.37 Cr | 11.80% |
| Treps | Cash - Repurchase Agreement | ₹1.83 Cr | 9.14% |
| Net Current Assets | Cash | ₹-1.81 Cr | 9.03% |
| Jindal Steel & Power Ltd | Equity | ₹1.07 Cr | 5.34% |
| APL Apollo Tubes Ltd | Equity | ₹0.78 Cr | 3.89% |
| Jindal Stainless Ltd | Equity | ₹0.77 Cr | 3.82% |
| NMDC Ltd | Equity | ₹0.77 Cr | 3.81% |
| Steel Authority Of India Ltd | Equity | ₹0.58 Cr | 2.90% |
| National Aluminium Co Ltd | Equity | ₹0.49 Cr | 2.46% |
| Hindustan Zinc Ltd | Equity | ₹0.38 Cr | 1.90% |
| Hindustan Copper Ltd | Equity | ₹0.33 Cr | 1.64% |
| Ratnamani Metals & Tubes Ltd | Equity | ₹0.29 Cr | 1.43% |
| Welspun Corp Ltd | Equity | ₹0.28 Cr | 1.39% |
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Basic Materials | ₹17.67 Cr | 88.03% |
| Energy | ₹2.38 Cr | 11.86% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Nishit Patel
Since August 2024
Priya Sridhar
Since August 2024
Additional Scheme Detailsas of 31st August 2024
ISIN | INF109KC19W1 | Expense Ratio | - | Exit Load | - | Fund Size | - | Age | 14 Aug 2024 | Lumpsum Minimum | ₹1,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Metal TR INR |
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:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
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 - Other Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| SBI Equity Minimum Variance Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹228.86 Cr | 36.0% |
| SBI Equity Minimum Variance Fund Regular Growth Very High Risk | 0.7% | 0.0% | ₹228.86 Cr | 35.6% |
| Bandhan Transportation and Logistics Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹595.09 Cr | 55.6% |
| Bandhan Transportation and Logistics Fund Regular Growth Very High Risk | 2.4% | 0.0% | ₹595.09 Cr | 53.1% |
| ICICI Prudential Transportation and Logistics Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹3282.87 Cr | 59.5% |
| ICICI Prudential Transportation and Logistics Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3282.87 Cr | 57.6% |
| HDFC NIFTY200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹11.35 Cr | 63.0% |
| HDFC NIFTY100 Low Volatility 30 ETF Very High Risk | 0.3% | - | ₹5.95 Cr | 34.7% |
| ICICI Prudential Nifty 200 Momentum 30 ETF Very High Risk | 0.3% | - | ₹324.39 Cr | 61.2% |
| DSP Nifty Midcap 150 Quality 50 ETF Low Risk | 0.3% | - | ₹100.90 Cr | 36.8% |
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of ICICI Prudential Nifty Metal ETF?
Who manages the ICICI Prudential Nifty Metal ETF?
- Nishit Patel
- Priya Sridhar
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