Business News›Mutual Funds›ICICI Prudential Mutual Fund › ICICI Prudential Equity Minimum Variance Fund Direct - Growth
ICICI Prudential Equity Minimum Variance Fund Dire...
Unrated
NAV as of Sep 05, 2025
10.59-0.09%
- Growth - Direct
(Earn upto 1.20% Extra Returns with Direct Plan)
Fund Category:
Equity: Thematic
Expense Ratio:
0.71%(0.73% Category
average)Fund Size:
Rs. 3,680.41 Cr(1.57% of Investment in Category)
- ADD TO PORTFOLIO
Loading...
ADD TO PORTFOLIO
ICICI Prudential Equity Minimum Variance Fund Direct - G...
Unrated
NAV as of Sep 05, 2025
10.59-0.09%
Expense Ratio:
0.71%
Fund Size:
Rs. 3,680.41 Cr
Fund Category:
Equity: Thematic
ICICI Prudential Equity Minimum Variance Fund Direct - Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the ICICI Prudential Equity Minimum Variance Fund - Direct Plan as of Sep 05, 2025 is Rs 10.59 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 5.9% (since launch). Whereas, Category returns for the same time duration are: -3.91% (1yr), 18.5% (3yr) and 22.43% (5yr).
3. Fund Size: The ICICI Prudential Equity Minimum Variance Fund - Direct Plan currently holds Assets under Management worth of Rs 3680.41 crore as on Jul 31, 2025.
4. Expense ratio: The expense ratio of the fund is 0.71% for Direct plan as on Sep 04, 2025.
5. Exit Load: ICICI Prudential Equity Minimum Variance Fund - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 12 months."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 100.
1. Current NAV: The Current Net Asset Value of the ICICI Prudential Equity Minimum Variance Fund - Direct Plan as of Sep 05, 2025 is Rs 10.59 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 5.9% (since launch). Whereas, Category returns for the same time duration are: -3.91% (1yr), 18.5% (3yr) and 22.43% (5yr).
3. Fund Size: The ICICI Prudential Equity Minimum Variance Fund - Direct Plan currently holds Assets under Management worth of Rs 3680.41 crore as on Jul 31, 2025.
4. Expense ratio: The expense ratio of the fund is 0.71% for Direct plan as on Sep 04, 2025.
5. Exit Load: ICICI Prudential Equity Minimum Variance Fund - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 12 months."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 100.
ICICI Prudential Equity Minimum Variance Fund Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 1.44 1.53 12.78 - - - Category Avg 1.51 1.27 16.54 -3.62 18.18 22.60 Rank within Category 56 64 80 - - - No. of funds within Category 151 140 130 99 39 20 - Loading...
- Loading...
Return Comparison
- This Fund
- BenchmarkNIFTY 50 Total Return Index
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
Loading...
ICICI Prudential Equity Minimum Variance Fund Direct - Growth Fund Details
Investment Objective - The scheme seeks to generate long term capital appreciation by investing in Equity & Equity related instruments through a diversified basket with an aim to minimize the portfolio volatility.
| Fund House | ICICI Prudential Mutual Fund |
| Launch Date | Dec 06, 2024 |
| Benchmark | NIFTY 50 Total Return Index |
| Return Since Launch | 5.9% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
ICICI Prudential Equity Minimum Variance Fund Direct - Growth Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load Exit load of 1%, if redeemed within 12 months. | |
Portfolio Allocation
Asset Allocation
Loading...
Asset Allocation History
Loading...
EquityDebtCash
Sector Allocation
Loading...
Market Cap Allocation
Loading...
Concentration & Valuation Analysis
| JUL 2025 | JUN 2025 | MAY 2025 | APR 2025 | MAR 2025 | FEB 2025 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 43 | 48 | 38 | 41 | 38 | 37 |
| Top 5 Company Holdings | 24.87% | 25.79% | 27.64% | 31.46% | 31.51% | 30.87% |
| Top 10 Company Holdings | 42.52% | 43.88% | 46.94% | 49.29% | 50.6% | 49.69% |
| Company with Highest Exposure | ICICI Bank (5.5%) | ICICI Bank (6.98%) | Reliance Industries (6.86%) | Reliance Industries (9.53%) | HDFC Bank (9.18%) | HDFC Bank (9.86%) |
| Number of Sectors | 12 | 12 | 12 | 12 | 12 | 12 |
| Top 3 Sector Holdings | 43.31% | 45.17% | 43.11% | 43.96% | 47.43% | 46.57% |
| Top 5 Sector Holdings | 60.46% | 63.15% | 61.73% | 59.92% | 65.22% | 63.28% |
| Sector with Highest Exposure | Financial (18.53%) | Financial (21.07%) | Financial (18.33%) | Financial (20.2%) | Financial (25.86%) | Financial (27.82%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) ICICI Bank Financial 5.5 18.92 74.12 16.11 Infosys Technology 5.32 21.83 65.63 -24.04 Reliance Industries Energy 5.14 22.89 60.23 -6.13 ITC Consumer Staples 4.48 14.62 27.88 -18.81 Tata Consultancy Technology 4.43 22.17 136.19 -31.60 HDFC Bank Financial 3.86 21.02 45.97 17.71 Sun Pharmaceutical Industries Healthcare 3.84 36.57 43.23 -12.66 Hindustan Unilever Consumer Staples 3.41 57.11 45.94 -7.24 Maruti Suzuki India Automobile 3.36 33.01 462.24 22.23 Larsen & Toubro Construction 3.18 30.59 115.38 -0.59
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 Equity Minimum Variance Fund Direct - Growth 10.59 Unrated 3,680.41 1.44 - - - ICICI Prudential FMCG Direct-Growth 539.93 Unrated 2,001.81 2.00 -8.09 10.16 16.01 Tata Nifty Realty Index Fund Direct - Growth 8.95 Unrated 90.82 -3.77 -16.98 - - Kotak Active Momentum Fund Direct-Growth 10.04 Unrated 0.00 - - - - SBI Equity Minimum Variance Fund Direct - Growth 24.59 Unrated 223.84 2.21 -5.99 14.23 18.09
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
- Planning to invest Rs 10 lakh for one-two years? Anand Shah of ICICI Prudential AMC recommends this
- Is it the right time to invest in gilt funds amid rising bond yields?
- Nifty Next 50: Can this be your next move in largecap investing
- ICICI Prudential Asset Management Company inaugurates new office at GIFT City; announces India- Focused Fund
Fund Manager
- V.D.Vaibhav DusadSince Nov 20244 schemes
- N.M.Nitya MishraSince Nov 20244 schemes
Mr. Dusad has done B.Tech, M.Tech and MBA Prior to joining ICICI Prudential AMC Ltd, he has worked with Morgan Stanley, HSBC Global Banking and Markets, CRISIL, Zinnov Mangement Consulting and Citibank Singapore.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y ICICI Prudential Large Cap Fund Direct-Growth Large Cap 120.79 71,787.87 0.68 ICICI Prudential Focused Equity Fund Direct-Growth Flexi Cap 105.82 12,380.36 3.91 ICICI Prudential Innovation Fund Direct - Growth Thematic 19.06 Unrated 7,025.71 2.97 ICICI Prudential Technology Direct Plan-Growth Sectoral-Technology 216.50 Unrated 14,424.08 -7.67 Ms. Mishra has done B.Tech, MBA (Finance) and CFA Prior to joining ICIC Prudential Mutual Fund, she has worked with SBI Capital Markets and CRISIL Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y ICICI Prudential Equity & Debt Fund Direct-Growth Aggressive Hybrid 439.17 44,605.00 4.77 ICICI Prudential NASDAQ 100 Index Fund Direct - Growth International 18.19 Unrated 2,192.27 31.56 ICICI Prudential US Bluechip Equity Direct Plan-Growth International 75.95 Unrated 3,257.38 9.71 ICICI Prudential Energy Opportunities Fund Direct-Growth Thematic-Energy 10.05 Unrated 10,186.85 -2.14
More ICICI Prudential Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| ICICI Prudential Large Cap Fund Direct-Growth | 71,787.87 | 0.84 | 1.31 | 13.16 | 0.68 | 18.47 | |
| ICICI Prudential Balanced Advantage Direct-Growth | 64,964.03 | 1.44 | 2.38 | 10.63 | 6.35 | 13.63 | |
| ICICI Prudential Multi Asset Fund Direct-Growth | 63,001.13 | 1.89 | 2.32 | 10.44 | 8.46 | 20.11 | |
| ICICI Prudential Value Direct-Growth | 53,715.52 | 0.90 | 1.22 | 12.52 | 0.53 | 21.96 | |
| ICICI Prudential Liquid Fund Direct Plan-Growth | 51,593.46 | 0.47 | 1.47 | 3.34 | 6.98 | 7.06 | |
| ICICI Prudential Equity & Debt Fund Direct-Growth | 44,605.00 | 1.77 | 2.63 | 12.96 | 4.77 | 19.90 | |
| ICICI Prudential Money Market Direct-Growth | 36,942.29 | 0.43 | 1.58 | 4.22 | 7.99 | 7.61 | |
| ICICI Prudential Corporate Bond Fund Direct Plan -Growth | 33,573.85 | 0.10 | 1.07 | 4.68 | 8.54 | 8.04 | |
| ICICI Prudential Equity Arbitrage Direct-Growth | 31,526.24 | 0.39 | 1.57 | 3.58 | 7.31 | 7.64 | |
| ICICI Prudential India Opportunities Fund Direct - Growth | 29,718.06 | 0.37 | 0.21 | 11.50 | 0.26 | 23.46 |
Mutual Fund Tools
Top AMCs
- SBI Mutual Fund
- ICICI Prudential Mutual Fund
- HDFC Mutual Fund
- Nippon India Mutual Fund
- Kotak Mahindra Mutual Fund
- Aditya Birla Sun Life Mutual Fund
- UTI Mutual Fund
- Axis Mutual Fund
- Mirae Asset Mutual Fund
- DSP Mutual Fund
- Tata Mutual Fund
- Bandhan Mutual Fund
- Edelweiss Mutual Fund
- HSBC Mutual Fund
- Invesco Mutual Fund
About ICICI Prudential Equity Minimum Variance Fund Direct - Growth
1. ICICI Prudential Equity Minimum Variance Fund - Direct Plan is Open-ended Thematic Equity scheme which belongs to ICICI Prudential Mutual Fund House.
2. The fund was launched on Dec 06, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate long term capital appreciation by investing in Equity & Equity related instruments through a diversified basket with an aim to minimize the portfolio volatility. "
2. It is benchmarked against NIFTY 50 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 87.04% in equities, 1.96% in debts and 9.96% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 42.52% of the assets, the top 3 sectors constitute around 43.31% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on ICICI Prudential Equity Minimum Variance Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. 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.
5. 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 Equity Minimum Variance Fund - Direct Plan is Open-ended Thematic Equity scheme which belongs to ICICI Prudential Mutual Fund House.
2. The fund was launched on Dec 06, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate long term capital appreciation by investing in Equity & Equity related instruments through a diversified basket with an aim to minimize the portfolio volatility. "
2. It is benchmarked against NIFTY 50 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 87.04% in equities, 1.96% in debts and 9.96% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 42.52% of the assets, the top 3 sectors constitute around 43.31% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on ICICI Prudential Equity Minimum Variance Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. 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.
5. 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.
This Might Catch Your Interest
FAQs about ICICI Prudential Equity Minimum Variance Fund Direct - Growth
- Is it safe to invest in ICICI Prudential Equity Minimum Variance Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the ICICI Prudential Equity Minimum Variance Fund - Direct Plan comes under Very High risk category.
- What is the category of ICICI Prudential Equity Minimum Variance Fund - Direct Plan?ICICI Prudential Equity Minimum Variance Fund - Direct Plan belongs to the Equity : Thematic category of funds.
- How Long should I Invest in ICICI Prudential Equity Minimum Variance Fund - Direct Plan?The suggested investment horizon of investing into ICICI Prudential Equity Minimum Variance Fund - Direct Plan is >3 years. 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 Equity Minimum Variance Fund - Direct Plan?The ICICI Prudential Equity Minimum Variance Fund - Direct Plan is managed by Vaibhav Dusad (Since Nov 18, 2024) and Nitya Mishra (Since Nov 18, 2024).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.
