ICICI Pru Multicap Fund performance review analysis for January
ICICI Pru Multicap Fund performance review analysis for January: This detailed review of ICICI Pru Multicap Fund evaluates its recent performance, comparing it to the Nifty index, and analyzes key metrics such as Sharpe Ratio and sectoral allocation. The fund's strategy, top holdings, and recent portfolio moves are explored to provide insights for existing and potential investors.
ICICI Prudential Multicap Fund Direct Plan Growth performance review analysis for January: ICICI Prudential Multicap Fund Direct Plan Growth, managed by the seasoned fund managers Sankaran Naren,Anand Sharma,Sharmila Dâmello, remains a prominent player in the Multi-Cap. ICICI Pru Multicap Fund boasts an impressive AUM of ₹14152.04 crore. Under the guidance of Sankaran Naren,Anand Sharma,Sharmila Dâmello, the fund adheres to its objective of to generate capital appreciation through investments in equity & equity related instrument across large cap, mid cap and small cap stocks of various industries. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved. This detailed review of ICICI Pru Multicap Fund evaluates its recent performance, comparing it to the NIFTY 500 index, and analyzes key metrics such as sharpe ratio and sectoral allocation. The fund's strategy, top holdings, and recent portfolio moves are explored to provide insights for existing and potential investors.
Performance Analysis:
Over the past week, ICICI Pru Multicap Fund returned -0.60%, showing a positive delta of 2.61% with respect to NIFTY 500. The one-month performance shows a negative trend, with the fund delivering -4.30% against the NIFTY 500’s -5.73%.
The performance over the longer durations is mentioned below:
| Period | Mutual Fund Returns | NIFTY 500 Performance | Performance Difference |
|---|---|---|---|
| 6 Months | -0.31% | -4.35% | 4.04% |
| 1 Year | 20.96% | 12.61% | 8.35% |
| 3 Years | 70.95% | 41.84% | 29.11% |
| 5 Years | 168.35% | 120.27% | 48.08% |
Top Holdings of the Fund
Below is the list of top holdings in the fund:
| Holding Name | Percentage of Portfolio |
|---|---|
| ICICI Bank | 5.50% |
| HDFC Bank | 3.90% |
| Reliance Industries | 3.75% |
| Axis Bank | 3.14% |
| Infosys | 2.18% |
Sector Allocation of the Fund
| Sector Name | Weightage (%) |
|---|---|
| Regional Banks | 18.33% |
| Oil & Gas Operations | 6.66% |
| Software & Programming | 6.32% |
| Chemical Manufacturing | 5.7% |
| Biotechnology & Drugs | 5.48% |
| Construction Services | 4.92% |
| Construction - Raw Materials | 4.28% |
| Consumer Financial Services | 2.74% |
| Insurance (Life) | 2.3% |
| Personal & Household Prods. | 2.24% |
| Insurance (Accident & Health) | 2.02% |
| Electric Utilities | 2.0% |
| Communications Services | 1.99% |
| Auto & Truck Manufacturers | 1.83% |
| Misc. Fabricated Products | 1.83% |
| Misc. Capital Goods | 1.83% |
| Recreational Products | 1.81% |
| Auto & Truck Parts | 1.72% |
| Electronic Instr. & Controls | 1.55% |
| Constr. - Supplies & Fixtures | 1.38% |
| Investment Services | 1.32% |
| Iron & Steel | 1.27% |
| Broadcasting & Cable TV | 1.1% |
| Retail (Catalog & Mail Order) | 1.1% |
| Beverages (Alcoholic) | 1.02% |
| Hotels & Motels | 0.97% |
| Appliance & Tool | 0.88% |
| Footwear | 0.88% |
| Natural Gas Utilities | 0.84% |
| Motion Pictures | 0.72% |
| Healthcare Facilities | 0.71% |
| Food Processing | 0.62% |
| Business Services | 0.59% |
| Major Drugs | 0.57% |
| Containers & Packaging | 0.55% |
| Metal Mining | 0.47% |
| Railroads | 0.46% |
| Tires | 0.41% |
| Retail (Grocery) | 0.29% |
Risk Measurement
Understanding the risk associated with the fund is crucial for investors. The Sharpe Ratio, which measures risk-adjusted returns, is a key indicator of how well the fund compensates investors for the risk taken. Over the past year, the fund's Sharpe Ratio stands at 1.92, while the three-year and five-year ratios are 1.20 and 0.87, respectively. Sharpe ratio values above 1 are considered good, whereas values below 1 are considered bad.
In terms of volatility, the standard deviation over the same periods— 12.32% for one year, 12.70% for three years, and 19.69% for five years. Higher standard deviations indicate greater volatility, while lower ones suggest more stable returns.
Recent Portfolio Activity
In the last month, the fund acquired new positions in the following stocks:
| Stock Name | Holding (%) | No of shares | Holding Value (in Cr) |
|---|---|---|---|
| Britannia Industries | 0.48% | 138976 | 68.68 |
| Teamlease Services | 0.34% | 168119 | 48.73 |
| Shree Cement | 0.32% | 17660 | 46.06 |
| LIC Housing Finance | 0.25% | 550000 | 35.14 |
| KEI Industries | 0.24% | 78196 | 33.73 |
The fund has increased its position in the following stocks:
| Stock Name | No of shares (Before purchase) | No of shares (After purchase) | Holding Value (in Cr) |
|---|---|---|---|
| Reliance Industries | 4289358.0 | 4115337.0 | 531.79 |
| Axis Bank | 4520671.0 | 3924873.0 | 445.99 |
| State Bank Of India | 3533421.0 | 3110277.0 | 260.94 |
| Bharti Airtel | 1787469.0 | 1558069.0 | 253.53 |
| Aia Engineering | 624162.0 | 584148.0 | 204.41 |
| Oil & Natural Gas Corporation | 9281245.0 | 7102033.0 | 182.31 |
| Tata Steel | 1.739866E7 | 1.2495391E7 | 180.61 |
| FSN E-Commerce Ventures | 1.0653395E7 | 9099772.0 | 156.58 |
| JK Cement | 364068.0 | 347167.0 | 148.53 |
| ACC | 637722.0 | 615938.0 | 136.90 |
| CMS Info Systems | 2759893.0 | 2614009.0 | 129.63 |
| SBI Life Insurance Company | 907916.0 | 784122.0 | 112.74 |
| PVR Inox | 713600.0 | 665398.0 | 102.48 |
| Atul | 137305.0 | 124963.0 | 91.18 |
| Grasim Industries | 468772.0 | 336451.0 | 87.69 |
| Indusind Bank | 1287813.0 | 833680.0 | 83.03 |
| Aurobindo Pharma | 698661.0 | 636221.0 | 80.33 |
| Rain Industries | 5366794.0 | 5085652.0 | 78.19 |
| NMDC | 3394707.0 | 2883743.0 | 66.35 |
| Sona Blw Precision Forgings | 1025343.0 | 925343.0 | 62.15 |
| NHPC | 1.0857718E7 | 7573606.0 | 61.68 |
| Eicher Motors | 172994.0 | 121781.0 | 58.85 |
| RHI Magnesita India | 1153466.0 | 1116640.0 | 58.16 |
| Hero Motocorp | 131981.0 | 118701.0 | 56.53 |
| Indian Energy Exchange | 3388056.0 | 3180213.0 | 56.04 |
| PNC Infratech | 2432373.0 | 1875516.0 | 55.53 |
| Mangalore Refinery & Petrochemicals | 3367877.0 | 3345818.0 | 51.72 |
| Indiamart Intermesh | 243069.0 | 214474.0 | 50.30 |
| Kalpataru Projects International | 616450.0 | 430605.0 | 49.10 |
| Oil India | 539969.0 | 449438.0 | 22.05 |
The fund has reduced its holding in the following stocks:
| Stock Name | No of shares (Before reduction) | No of shares (After reduction) | Holding Value (in Cr) |
|---|---|---|---|
| HDFC Bank | 4241215.0 | 3079864.0 | 553.16 |
| Infosys | 2031006.0 | 1663452.0 | 309.05 |
| Syngene International | 2249660.0 | 2248223.0 | 211.52 |
| Max Financial Services | 1396229.0 | 1335912.0 | 151.49 |
| The Ramco Cements | 1576826.0 | 1471357.0 | 149.32 |
| Affle India | 776383.0 | 622147.0 | 100.75 |
| HCL Technologies | 618450.0 | 460950.0 | 85.19 |
| Oberoi Realty | 687863.0 | 383413.0 | 76.97 |
| Federal Bank | 4502638.0 | 3425685.0 | 72.21 |
| Muthoot Finance | 399221.0 | 326469.0 | 62.59 |
| Cyient | 411062.0 | 330913.0 | 61.34 |
| Indian Hotels Company | 903984.0 | 734628.0 | 58.29 |
| Aditya Birla Sun Life AMC | 578555.0 | 541549.0 | 46.86 |
| Tech Mahindra | 284872.0 | 206872.0 | 35.43 |
| EPL | 1258362.0 | 979422.0 | 25.09 |
| Zydus Wellness | 106745.0 | 94912.0 | 19.22 |
| Chalet Hotels | 173249.0 | 45643.0 | 4.07 |
Disclaimer: This is an AI-generated live story and has not been edited by LiveMint staff.
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
- Top Gainers
- Top Losers
- 52 Week High