Skip to main content

ICICI Prudential Dynamic Plan - Invest Online

Download Tax Saving Mutual Fund Application Forms

Invest In Tax Saving Mutual Funds Online

Buy Gold Mutual Funds

Leave a missed Call on

94 8300 8300

 

ICICI Prudential Dynamic Plan

 

ICICI Prudential Dynamic Plan has been ranked in the top 10 percentile, that is, the CRISIL Fund Rank 1 of the peer group in the diversified equity category for the quarter ended March 2014 under CRISIL Mutual Fund Ranking. The fund has been ranked CRISIL Fund Rank 1 for the past three quarters. The fund's average assets under management (AUM) were at ₹ 3,670 crore for the March 2014 quarter. The fund was launched in November 2002 and is co- managed by Sankaren Naren and Mittul Kalawadia.

 

Investment Style

The fund invests primarily in equities but may adopt a defensive attitude by investing in a mix of equity and/ or fixed income securities including money market instruments. Allocation would be mainly based on the macroeconomic environment, corporate earnings and market conditions.

The fund can have a dynamic asset allocation ranging from 0 to 100 per cent invested in equity market/ equity- related instruments.

The rest would be invested in debt- related instruments. On account of dynamic management, since inception, the fund has been able to outperform its benchmark ( CNX Nifty) 59 per cent of the times during a downtrend ( benchmark giving negative returns quarter- on- quarter) and 64 per cent of the times during an uptrend ( benchmark giving positive returns quarter- on quarter).

This indicates that the fund's strategy has helped in outperforming the benchmark on most occasions across market phases.

The fund has outperformed both the benchmark and the category ( represented by CRISIL- AMFI Diversified Equity Fund Index) across multiple timeframes — one, three, five, seven and 10 years. Over the longer time frame of 10 years, the fund gave an annualised return of 22 per cent visàvis 14 per cent and 18 per cent by the benchmark and category, respectively.

A monthly systematic investment plan of ₹ 1,000 for 10 years would have grown to ₹ 3.01 lakh as on April 30 ( principal invested of ₹ 1.20 lakh) resulting in annualised returns of 17.5 per cent. A similar investment in the benchmark would have grown to ₹ 2.13 lakh yielding 11 per cent annualised gains.

Risk Adjusted Returns

The scheme has given higher annualised mean return ( 14.46 per cent) with lower volatility (16.60 per cent) as compared to the benchmark and category. The benchmark had a mean return of 7.95 per cent and volatility of 21.09 per cent, while category's mean return and volatility was 9.48 per cent and 18.02 per cent, respectively, over the past three years as on April 30.

 

Portfolio Analysis

 

The fund has maintained an average 85 per cent exposure to equity over the past three years ended March, with an average equity derivative exposure of five per cent. Within equities, the fund has mostly invested in large- cap stocks. Over the past three years, 74 per cent of its equity exposure was to CRISIL defined largecap stocks.

The fund is diversified than the category. Over the past three years ended March, the fund held 69 stocks on an average in the portfolio versus the category's 45. The average exposure to top 10 holdings was 48 per cent during the same period, in line with the category's 47 per cent.

At the sectoral level, overweight exposure to software and pharmaceuticals compared with the benchmark has helped the scheme; CNX IT Index and CNX Pharma gave 9.09 per cent and 18.98 per cent compared to 4.74 per cent for the CNX Nifty Index over a three- year period ended March 31. Lower exposure to underperforming sectors such as construction, industrial capital goods and industrial products also helped the fund outperform the benchmark; CNX Realty and S& P BSE Capital Goods delivered - 16.31 per cent and - 3.03 per cent, respectively, during the same period

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

Leave a missed Call on 94 8300 8300

Leave your comment with mail ID and we will answer them

OR

You can write back to us at

PrajnaCapital [at] Gmail [dot] Com

---------------------------------------------

Invest Mutual Funds Online

Invest Any Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Download Mutual Any Fund Application Forms

---------------------------------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Franklin India Bluechip
      4. ICICI Prudential Top 100 Fund

B. Large and Midcap Funds Invest Online

      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
      4. Birla Sun Life Front Line Equity Fund
      5. Franklin India Prima

C. Mid and SmallCap Funds Invest Online

      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
      5. Birla Sun Life Dividend Yield Plus
      6. SBI Emerging Businesses Fund
      7. HDFC Mid-Cap Opportunities Fund
      8. ICICI Prudential Discovery Fund

D. Small and MicroCap Funds Invest Online

      1. DSP BlackRock MicroCap Fund

2.Franklin India Smaller Companies

E. Sector Funds Invest Online

      1. Reliance Banking Fund
      2. Reliance Banking Fund
      3. ICICI Prudential Banking and Financial Services Fund

F. Tax Saver Mutual Funds Invest Online

1. ICICI Prudential Tax Plan

2. HDFC Taxsaver

      1. DSP BlackRock Tax Saver Fund
      2. Reliance Tax Saver (ELSS) Fund

G. Gold Mutual Funds Invest Online

      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund
      4. Birla Sun Life Gold

H. International funds Invest Online

1. Birla Sun Life International Equity Plan A

2. DSP BlackRock US Flexible Equity

3. FT India Feeder Franklin US Opportunities

4. ICICI Prudential US Bluechip Equity

5. Motilal Oswal MOSt Shares NASDAQ-100 ETF

Popular posts from this blog

ULIP Review: ProGrowth Super II

  If you are interested in a death cover that's just big enough, HDFC SL ProGrowth Super II is something worth a try. The beauty is it has something for everybody — you name the risk profile, the category is right up there. But do a SWOT analysis of the basket, and the gloss fades     HDFC SL ProGrowth Super II is a type-II unit-linked insurance plan ( ULIP ). Launched in September 2010, this is a small ticket-size scheme with multiple rider options and adequate death cover. It offers five investment options (funds) — one in each category of large-cap equity, mid-cap equity, balanced, debt and money market fund. COST STRUCTURE: ProGrowth Super II is reasonably priced, with the premium allocation charge lower than most others in the category. However, the scheme's mortality charge is almost 60% that of LIC mortality table for those investing early in life. This charge reduces with age. BENEFITS: Investors can choose a sum assured between 10-40 times the annualised premium...
Read more

Section 80CCD

Top SIP Funds Online   Income tax deduction under section 80CCD Under Income Tax, TaxPayers have the benefit of claiming several deductions. Out of the deduction avenues, Section 80CCD provides t axpayer deductions against investments made in specific sector s. Under Section 80CCD, an assessee is eligible to claim deductions against the contributions made to the National Pension Scheme or Atal Pension Yojana. Contributions made by an employer to National Pension Scheme are also eligible for deductions under the provisions of Section 80 CCD. In this article, we will take a look at the primary features of this section, the terms and conditions for claiming deductions, the eligibility to claim such deductions, and some of the commonly asked questions in this regard. There are two parts of Section 80CCD. Subsection 1 of this section refers to tax deductions for all assesses who are central government or state government employees, or self-employed or employed by any other employers. In...
Read more

Am you Required to E-file Tax Return?

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300   Am I Required to 'E-file' My Return? Yes, under the law you are required to e-file your return if your income for the year is Rs. 500,000 or more. Even if you are not required to e-file your return, it is advisable to do so for the following benefits: i) E-filing is environment friendly. ii) E-filing ensures certain validations before the return is filed. Therefore, e-returns are more accurate than the paper returns. iii) E-returns are processed faster than the paper returns. iv) E-filing can be done from the comfort of home/office and you do not have to stand in queue to e-file. v) E-returns can be accessed anytime from the tax department's e-filing portal. For further information contact Prajna Capit...
Read more

Bharat Bond ETF

Top SIP Funds Online   The government of India has paved the way for the launch of India's first corporate bond ETF called as Bharat Bond ETF. Edelweiss Mutual Fund will be managing it. The fund is mandated to invest in AAA-rated bonds of select public sector companies (see the table 'List of constituents and their proportions in the portfolio'). The government has a threefold objective behind launching this product. One, to deepen the liquidity of the Indian debt markets and provide a gateway for easy retail participation. Two, to solve investors' dilemma of picking premium bonds. Lastly, to help the underlying government-owned companies raise funding for their operations. But does it make sense for you, the investor, to invest in it? Lets find out. What is the product? As the name suggests, it is an exchange-traded fund which will be listed on a stock exchange from where its units can be bought and sold post launch. It will have two variants - one maturing in 3 ye...
Read more

What is Electronic Clearing Service (ECS)?

  As the name suggests, it's an electronic process through which money can be transferred from one bank account to another. According to RBI, this mode is usually used for regular payments and receipts, like distribution of dividend, interest, salary, pension etc. This mode is also used for collection of bills for telephone, electricity, water, various types of taxes, payment of EMIs , investments in mutual funds , payment of insurance premium etc. There are two types of ECS , like most other banking transactions, ECS credit and ECS debit. An ECS credit is used by a bank account holder , usually a large company or an institution for services like payment of dividend, in terest, salary, pension etc. If your mutual fund pays you dividend to your bank account, of all probability it is being paid through ECS credit.ECS debit, on the other hand, is used when a company or an institution is getting money from a large number of people. For example if you are investing in a mutual fund sc...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now