ICICI Prudential Smallcap Fund Direct Plan-Growth is a Small Cap mutual fund offered by ICICI Prudential Mutual Fund. This fund has been in operation for 11 years, having been founded on January 1, 2013. ICICI Prudential Smallcap Fund Direct Plan-Growth is a medium-sized fund within its category, with assets under management (AUM) of Rs 8,438 crores.
The majority of the fund’s money is invested in the capital goods, materials, services, chemicals and construction industries. Compared to other funds in the category, it takes less exposure to the materials and capital goods sectors.
ICICI Prudential Smallcap Fund Performance
ICICI Prudential Smallcap Fund Direct Plan-Growth returns for the previous year were 42.29%. Since its launch, it has generated an average yearly return of 19.77%. Every three years, the fund’s investment doubles.
The consistency with which the ICICI Prudential Smallcap Fund Direct Plan-Growth scheme delivers returns is similar to that of the majority of funds in its category. It has a strong capacity to control losses in a sinking market.
ICICI Prudential Smallcap Fund Returns
| Period | ICICI Prudential Smallcap Fund | Category average |
|---|---|---|
| 1 month | 3.18% | 4.16% |
| 3 months | 14.1% | 13.71% |
| 6 months | 18.33% | 21.15% |
| 1 year | 42.41% | 49.42% |
| 3 years | 25.22% | 26.92% |
| 5 years | 31.78% | 34.17% |
ICICI Prudential Smallcap Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
Nippon Life India Asset Management Ltd.
|
Financial | Equity | 3.20% |
|
Grindwell Norton Ltd.
|
Metals & Mining | Equity | 3.02% |
|
Rolex Rings Ltd
|
Capital Goods | Equity | 2.60% |
|
Brigade Enterprises Ltd.
|
Construction | Equity | 2.59% |
|
Larsen & Toubro Ltd.
|
Construction | Equity | 2.54% |
ICICI Prudential Smallcap Fund Suitability
You may anticipate returns from fixed income choices and profits that easily surpass the rate of inflation if you invest for seven years or more. This is a fund that invests in small firms. When stock prices fall, such funds suffer more than those that invest in larger firms. There will thus be more significant ups and downs along the way, even though you may anticipate greater profits in the long run.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.