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ICICI Prudential Silver ETF FoF Direct - IDCW
Unrated
NAV as of Jan 15, 2025
14.121.12%
(Earn upto 0.48% Extra Returns with Direct Plan)
Fund Category:
Commodities: Silver
Expense Ratio:
0.12%(0.20% Category
average)Fund Size:
Rs. 906.01 Cr(39.98% of Investment in Category)
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ICICI Prudential Silver ETF FoF Direct - IDCW
Unrated
NAV as of Jan 15, 2025
14.121.12%
Expense Ratio:
0.12%
Fund Size:
Rs. 906.01 Cr
Fund Category:
Commodities: Silver
ICICI Prudential Silver ETF FoF Direct - IDCW Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the ICICI Prudential Silver ETF FoF - Direct Plan as of Jan 15, 2025 is Rs 14.12 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 32.12% (1yr) and 15.95% (since launch). Whereas, Category returns for the same time duration are: 32.30534638614375% (1yr), 0.0% (3yr) and 0.0% (5yr).
3. Fund Size: The ICICI Prudential Silver ETF FoF - Direct Plan currently holds Assets under Management worth of Rs 818.8306 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.12% for Direct plan as on Sep 30, 2024.
5. Exit Load: ICICI Prudential Silver ETF FoF - Direct Plan shall attract an Exit Load, "Exit load of 1% If redeemed within 15 days."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
1. Current NAV: The Current Net Asset Value of the ICICI Prudential Silver ETF FoF - Direct Plan as of Jan 15, 2025 is Rs 14.12 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 32.12% (1yr) and 15.95% (since launch). Whereas, Category returns for the same time duration are: 32.30534638614375% (1yr), 0.0% (3yr) and 0.0% (5yr).
3. Fund Size: The ICICI Prudential Silver ETF FoF - Direct Plan currently holds Assets under Management worth of Rs 818.8306 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.12% for Direct plan as on Sep 30, 2024.
5. Exit Load: ICICI Prudential Silver ETF FoF - Direct Plan shall attract an Exit Load, "Exit load of 1% If redeemed within 15 days."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
ICICI Prudential Silver ETF FoF Direct - IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -0.06 -0.47 -2.38 22.95 - - Category Avg -0.36 -0.51 -2.72 23.00 - - Rank within Category 4 5 4 2 - - No. of funds within Category 20 20 19 16 - - - Loading...
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Return Comparison
- This Fund
- BenchmarkNippon India Silver ETF FoF Direct-IDCW
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ICICI Prudential Silver ETF FoF Direct - IDCW Fund Details
Investment Objective - The scheme seeks a fund of fund scheme with the primary objective to generate returns by investing in units of ICICI Prudential Silver ETF.
| Fund House | ICICI Prudential Mutual Fund |
| Launch Date | Feb 01, 2022 |
| Benchmark | Domestic Price of Silver |
| Return Since Launch | 12.38% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
ICICI Prudential Silver ETF FoF Direct - IDCW Investment Details
| Minimum Investment (Rs.) | 100.00 |
| Minimum Additional Investment (Rs.) | 100.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load Exit load of 1% If redeemed within 15 days. | |
Portfolio Allocation
| Name | Type of Instrument | Weight (%) |
|---|---|---|
| Repo | Repo | 1.16 |
| Net Payables | Net Payables | -1.12 |
| MF Units | MF Units | 99.96 |
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y ICICI Prudential Silver ETF FoF Direct - IDCW 14.12 Unrated 906.01 2.20 26.20 - - Nippon India Silver ETF FoF Direct - IDCW 14.09 Unrated 496.66 1.87 25.40 - - Aditya Birla Sun Life Silver ETF FoF Direct-IDCW 14.34 Unrated 170.75 -0.22 22.72 - - Axis Silver FoF Direct-IDCW 15.80 Unrated 63.61 1.82 26.00 - - Tata Silver ETF FoF Direct - IDCW 12.28 Unrated 73.94 1.77 - - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
ICICI Prudential Mutual Fund News
- ICICI Prudential Mutual Fund:HDFC Bank, Sun Pharma among top 10 stock holdings in December
- More negative on smallcap and midcap stocks: ICICI Prudential MF
- SME IPOs most dangerous part of the market, warns S Naren
- Mutual funds increase cash allocation by Rs 7,000 crore to Rs 1.87 lakh crore in December
Fund Manager
- M.B.Manish BanthiaSince Jan 20229 schemes
- N.P.Nishit PatelSince Jan 202219 schemes
Mr. Banthia is B.Com, CA and MBA He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y ICICI Prudential Multi Asset Fund Direct-IDCW Multi Asset Allocation 53.17 51,027.46 16.00 ICICI Prudential Asset Allocator Fund (FOF) Direct-IDCW Multi Asset Allocation 96.50 23,679.54 12.57 ICICI Prudential Debt Management Fund (FOF) Direct Plan-IDCW Medium to Long Duration 39.37 114.61 8.04 ICICI Prudential Income Optimizer Fund (FOF) Direct- IDCW Conservative Hybrid 49.91 268.83 11.81 ICICI Prudential All Seasons Bond Fund Direct Plan-IDCW Dynamic Bond 24.70 13,407.28 8.71 ICICI Prudential Balanced Advantage Direct-IDCW Dynamic Asset Allocation 27.34 60,434.09 10.90 ICICI Prudential Regular Gold Savings (FOF) Direct-IDCW Gold 25.58 1,385.31 24.16 ICICI Prudential Passive Multi-Asset FoF Direct - IDCW Multi Asset Allocation 13.85 Unrated 1,094.57 10.51 ICICI Prudential Business Cycle Fund Direct-IDCW Thematic 17.84 Unrated 11,737.25 14.88 Mr. Patel is a B.Com & Chartered Accountant Prior to joining ICICI Prudential Mutual fund, he has worked with K.K.Dand & Co.
More ICICI Prudential Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Bluechip Fund Direct-Growth | 63,938.03 | -1.47 | -6.91 | 0.57 | 18.08 | 17.61 | |
| ICICI Prudential Balanced Advantage Direct-Growth | 60,534.08 | -0.01 | -2.71 | 3.07 | 13.27 | 12.98 | |
| ICICI Prudential Multi Asset Fund Direct-Growth | 50,987.95 | -0.79 | -4.20 | 2.22 | 17.35 | 19.95 | |
| ICICI Prudential Liquid Fund Direct Plan-Growth | 50,756.34 | 0.60 | 1.76 | 3.58 | 7.45 | 6.45 | |
| ICICI Prudential Value Discovery Direct-Growth | 48,987.78 | -1.52 | -6.83 | 2.74 | 21.00 | 22.70 | |
| ICICI Prudential Equity & Debt Fund Direct-Growth | 40,089.04 | -0.87 | -5.95 | 1.68 | 18.50 | 19.68 | |
| ICICI Prudential Corporate Bond Fund Direct Plan -Growth | 28,992.58 | 0.57 | 1.81 | 4.12 | 8.22 | 6.94 | |
| ICICI Prudential Money Market Direct-Growth | 28,736.27 | 0.64 | 1.82 | 3.76 | 7.79 | 6.71 | |
| ICICI Prudential India Opportunities Fund Direct - Growth | 24,785.97 | -1.01 | -6.26 | 3.82 | 23.27 | 27.12 | |
| ICICI Prudential Equity Arbitrage Direct-Growth | 24,759.62 | 0.70 | 1.99 | 3.83 | 8.19 | 6.92 |
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About ICICI Prudential Silver ETF FoF Direct - IDCW
1. ICICI Prudential Silver ETF FoF - Direct Plan is Open-ended Silver Commodities scheme which belongs to ICICI Prudential Mutual Fund House.
2. The fund was launched on Feb 01, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks a fund of fund scheme with the primary objective to generate returns by investing in units of ICICI Prudential Silver ETF. "
2. It is benchmarked against Domestic Price of Silver.
Tax Implications on ICICI Prudential Silver ETF FoF Direct - IDCW
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. ICICI Prudential Silver ETF FoF - Direct Plan is Open-ended Silver Commodities scheme which belongs to ICICI Prudential Mutual Fund House.
2. The fund was launched on Feb 01, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks a fund of fund scheme with the primary objective to generate returns by investing in units of ICICI Prudential Silver ETF. "
2. It is benchmarked against Domestic Price of Silver.
Tax Implications on ICICI Prudential Silver ETF FoF Direct - IDCW
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about ICICI Prudential Silver ETF FoF Direct - IDCW
- Is it safe to invest in ICICI Prudential Silver ETF FoF - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the ICICI Prudential Silver ETF FoF - Direct Plan comes under Very High risk category.
- What is the category of ICICI Prudential Silver ETF FoF - Direct Plan?ICICI Prudential Silver ETF FoF - Direct Plan belongs to the Commodities : Silver category of funds.
- How Long should I Invest in ICICI Prudential Silver ETF FoF - Direct Plan?The suggested investment horizon of investing into ICICI Prudential Silver ETF FoF - Direct Plan is null. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the ICICI Prudential Silver ETF FoF - Direct Plan?The ICICI Prudential Silver ETF FoF - Direct Plan is managed by Manish Banthia (Since Jan 13, 2022) and Nishit Patel (Since Jan 13, 2022).
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