ICICI Prudential BSE Sensex Index Fund Growth

• Alpha -0.38%
• Beta 0.99
• Sharpe Ratio0.52
• Std Deviation 11.27%
• Tracking Error 0.41%

An open-ended index linked growth scheme seeking to track the returns of S&P BSE SENSEX TRI through investments in a basket of stocks drawn from the constituents of the above index. The objective of the Scheme is to invest in companies whose securities are included in S&P BSE SENSEX TRI and subject to tracking errors, to endeavor to achieve the returns of the above index as closely as possible. This would be done by investing in all the stocks comprising the S&P BSE SENSEX TRI in approximately the same weightage that they represent in S&P BSE SENSEX TRI. The Scheme will not seek to outperform the S&P BSE SENSEX TRI or to underperform it. The objective is that the performance of the NAV of the Scheme should closely track the performance of the S&P BSE SENSEX TRI over the same period. However, there can be no assurance that the investment objective of the Scheme will be realized.

The ICICI Prudential BSE Sensex Index Fund Growth has an AUM of 1881.20 crores & has delivered CAGR of 14.96% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.28%. The minimum investment in ICICI Prudential BSE Sensex Index Fund Growth is Rs 100 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

The top holdings of the fund include HDFC Bank, ICICI Bank, Reliance Industries & Infosys.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Communications Services.

Some of the similar funds are Nippon India Nifty Midcap 150 Index Fund Regular Growth, Axis Nifty 100 Index Fund Regular Growth, ICICI Prudential BSE Sensex Index Fund Growth, SBI Nifty Next 50 Index Fund Regular Growth, Bandhan Nifty100 Low Volatility 30 Index Fund Regular Growth. ICICI Prudential BSE Sensex Index Fund Growth has a sharpe ratio of 0.52 & a standard deviation of 11.27%.