The objective of ICICI Prudential Exports and Services Fund (earlier known as the ICICI Prudential Exports and Other Services Fund) is capital appreciation and distribution of income to unit holders by investing majorly in equity and equity-related securities. The scheme primarily invests in equity of companies belonging to the services industry with the rest of the corpus invested in debt securities and money market instruments. This equity mutual fund is currently managed by Mr. Shankaran Naren and Mr. Ashwin Jain.
ICICI Prudential Exports and Services Fund Key Features:
Some key features of this equity scheme are as follows:
- Feature a portfolio with no market cap bias
- Invests across the broad theme of exports & services
- Suitable as an investment option for those seeking a long term wealth creation solution
ICICI Prudential Exports and Services Fund Basic Information:
| Particulars | Value |
| Fund House | ICICI Prudential Mutual Fund |
| Launch Date | 30th November 2005 |
| Benchmark | NIFTY Service Sector TRI |
| Risk | High |
| Turnoevr | 74% |
| Fund Type | Open-Ended |
| Returns Since Launch | 15.19% |
| Options | Growth and Dividend (Payout and Reinvestment sub-options) |
| Default Option | Growth |
| Default Sub-option | Dividend Reinvestment |
| Application Amount | Rs.5000 (plus in multiples of Rs.1) |
| Min. Additional Investment | Rs.1000 (plus in multiples of Re.1) |
| Entry Load | Not Applicable |
| Exit Load | Up to 1 Year from allotment – 1% of applicable NAV, Not applicable on redemptions made after 1 Year |
| Minimum Redemption Amt. | Rs. 500 or all units where amount is less than Rs. 500 |
| Systematic Investment Plan | Available |
| Systematic Transfer Plan | Available (Flex STP/Value STP also available) |
| Systematic Withdrawal Plan | Available |
| Minimum SIP Investment (R) | 1,000 |
| Minimum No of Cheques | 6 |
| Minimum Withdrawal (R) | 500 |
| Minimum Balance (R) | 5,000 |
ICICI Prudential Exports and Other Services Fund Concentration and Valuation*:
| Number of Stocks | 20 |
| Top 10 Stocks (%) | 57.98 |
| Top 5 Stocks (%) | 34.32 |
| Top 3 Sectors (%) | 59.91 |
| Portfolio P/B Ratio | 3.58 |
| Portfolio P/E Ratio | 25.95 |
*The data provided is for illustrative purposes and subject to periodic change. The scheme information is based on scheme data retrieved on 31st March, 2018 and returns based on regular, growth fund NAV as on 7th May, 2018.
ICICI Prudential Exports and Other Services Fund Portfolio Aggregates*:
| Aggregates | Fund | Benchmark | Category |
| Average Market Cap (in Crore) | 36,350.46 | 269,918.37 | 42,038.58 |
| Giant (%) | 34.17 | 88.81 | 39.15 |
| Large (%) | 28.43 | 9.3 | 21.45 |
| Mid (%) | 22.94 | 1.89 | 30.13 |
| Small (%) | 14.45 | – | 13.47 |
| Tiny (%) | – | – | 0 |
*The data provided is for illustrative purposes and subject to periodic change. The scheme information is based on scheme data retrieved on 31st March, 2018 and returns based on regular, growth fund NAV as on 7th May, 2018.
ICICI Prudential Exports and Services Fund Top Holdings:
| Company | Sector | Price to Equity ratio | 3-Year High | 3-Year Low | % Assets |
| VRL Logistics | Services | 41.35 | 9.33 | 0 | 8.36 |
| Tech Mahindra | Technology | 20.49 | 7.41 | 1.37 | 7.27 |
| Sun Pharmaceutical Inds. | Healthcare | 59.46 | 7.94 | 0 | 6.64 |
| Spicejet | Services | 13.17 | 10.61 | 0 | 6.11 |
| Motherson Sumi Systems | Automobile | 46.25 | 7.48 | 2.44 | 5.95 |
| HDFC | Financial | 19.7 | 5.31 | 0 | 5.16 |
| HDFC Bank | Financial | 27.51 | 5.01 | 0 | 4.88 |
| Gujarat Pipavav Port | Services | 33.37 | 5.08 | 0 | 4.59 |
| Ipca Laboratories | Healthcare | 40.17 | 5 | 1.51 | 4.57 |
| Infosys | Technology | 15.93 | 7.44 | 0 | 4.46 |
| HCL Technologies | Technology | 14.72 | 8.17 | 0 | 4.41 |
| Lupin | Healthcare | 24.92 | 6.86 | 1.6 | 4.37 |
| Astrazeneca Pharma India | Healthcare | 139.06 | 5.54 | 0 | 4.1 |
| Bharti Infratel | Communication | 23.79 | 4.04 | 0 | 3.98 |
| State Bank of India | Financial | 0 | 3.6 | 0 | 3.42 |
| Container Corp. | Services | 31.74 | 3.61 | 0 | 2.93 |
| Engineers India | Construction | 26.01 | 2.59 | 0 | 2.41 |
| Narayana Hrudayalaya | Healthcare | 87.68 | 5.45 | 0 | 1.25 |
| Alembic Pharmaceuticals | Healthcare | 23.27 | 4.2 | 0 | 0.84 |
| Bharti Airtel | Communication | 145.02 | 3.43 | 0 | 0.5 |
*The data provided is for illustrative purposes and subject to periodic change. The scheme information is based on scheme data retrieved on 31st March, 2018 and returns based on regular, growth fund NAV as on 7th May, 2018.
ICICI Prudential Exports and Services Fund Performance:
The following is the returns data of the ICICI Prudential Exports and Services Fund based on Net Asset Value (NAV) as on 7th May 2018*:
| Period | Returns (in percentage) | Rank |
| 1 Month | 0.7 | 133 |
| 3 Months | -0.7 | 155 |
| 6 Months | 3.2 | 56 |
| 1 Year | 11 | 118 |
| 2 Years | 16.4 | 172 |
| 3 Years | 11.5 | 126 |
| 5 Years | 24.6 | 12 |
*The data provided is for illustrative purposes and subject to periodic change. The scheme information is based on scheme data retrieved on 31st March, 2018 and returns based on regular, growth fund NAV as on 7th May, 2018.
ICICI Prudential Exports and Services Fund Absolute Returns (in percentage)*:
| Year | Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | Annual |
| 2017 | 11.7 | 3.1 | 1.7 | 10.2 | 30 |
| 2016 | -9.4 | 6.8 | 2.8 | -6.2 | -4.6 |
| 2015 | 8.5 | -2.9 | 7.3 | 0.7 | 16.3 |
| 2014 | 3.6 | 16.5 | 21.3 | 3 | 51.2 |
| 2013 | 1.9 | 2.1 | 17 | 16.3 | 42.7 |
*The data provided is for illustrative purposes and subject to periodic change. The scheme information is based on scheme data retrieved on 31st March, 2018 and returns based on regular, growth fund NAV as on 7th May, 2018.
ICICI Prudential Exports and Services Fund Peer Comparison*:
| Fund | Rating | Launch | 1-Year Returns | 3-Year Returns | 5-Year Returns | Expense Ratio (%) | Assets |
| ICICI Prudential Exports and Other Services Fund | Unrated | Nov-05 | 10.9 | 11.54 | 24.63 | 2.64 | 689 |
| Aditya Birla Sun Life India GenNext Fund | Unrated | Aug-05 | 14.57 | 16.68 | 19.75 | 2.63 | 746 |
| Reliance Consumption Fund | Unrated | Sep-04 | 0.73 | 11.74 | 11.94 | 2.68 | 68 |
| SBI Magnum COMMA Fund | Unrated | Aug-05 | 13.76 | 18.11 | 15.87 | 2.52 | 317 |
| Sundaram Rural and Consumption Fund – Regular Plan | Unrated | May-06 | 12.47 | 21.88 | 21.53 | 2.5 | 2,355 |
*The data provided is for illustrative purposes and subject to periodic change. The scheme information is based on scheme data retrieved on 31st March, 2018 and returns based on regular, growth fund NAV as on 7th May, 2018.
ICICI Prudential Exports and Other Services Fund Returns vs. Category Average (Returns in %)*:
| Particulars | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years |
| Fund Returns | 0.7 | -0.7 | 3.2 | 11 | 16.4 | 11.5 | 24.6 |
| Category Average | 2.6 | -1 | -0.5 | 9.4 | 18.4 | 9.9 | 11.4 |
| Difference of Fund Returns and Category Returns | -1.9 | 0.3 | 3.7 | 1.6 | -2 | 1.6 | 13.2 |
| Best of Category | 4.6 | 9.5 | 15.4 | 34 | 46.3 | 30.2 | 28.4 |
| Worst of Category | -5 | -15 | -19.5 | -14.4 | 6.1 | 3.4 | 7.1 |
| Benchmark Returns | 3.8 | 3.6 | 6 | 18 | 18.7 | 11.9 | 14.5 |
| Difference of Fund Returns and Benchmark Returns | -3.1 | -4.3 | -2.8 | -7 | -2.3 | -0.4 | 10.1 |
*The data provided is for illustrative purposes and subject to periodic change. The scheme information is based on scheme data retrieved on 31st March, 2018 and returns based on regular, growth fund NAV as on 7th May, 2018.
ICICI Prudential Exports and Other Services Fund Best and Worst Performance*:
| Duration | Best Period | Worst Period |
| Month | 29.49 (May 11, 2009 – Jun 10, 2009) | -35.60 (Sep 24, 2008 – Oct 24, 2008) |
| Quarter | 81.83 (Mar 09, 2009 – Jun 10, 2009) | -43.98 (Sep 02, 2008 – Dec 02, 2008) |
| Year | 127.04 (Mar 09, 2009 – Mar 11, 2010) | -65.12 (Jan 14, 2008 – Jan 13, 2009) |
*The data provided is for illustrative purposes and subject to periodic change. The scheme information is based on scheme data retrieved on 31st March, 2018 and returns based on regular, growth fund NAV as on 7th May, 2018.
ICICI Prudential Exports and Other Services Fund Risk Measures*:
| Risk Measures (%) | Mean | Standard Deviation | Sharp Ratio | Sortino Ratio Variation | Alpha | Beta |
| Fund | 11.86 | 12.05 | 0.63 | 0.88 | 0.64 | 1.58 |
| Nifty Service Sector TRI | 12.76 | 15 | 0.57 | 0.88 | – | – |
*The data provided is for illustrative purposes and subject to periodic change. The scheme information is based on scheme data retrieved on 31st March, 2018 and returns based on regular, growth fund NAV as on 7th May, 2018.
ICICI Prudential Exports and Other Services Fund Trailing Returns (in %)*:
| Trailing Returns in % | YTD | 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | 7 Years | 10 Years |
| Fund | -1.84 | 0.1 | -1.91 | 0.69 | -0.68 | 3.24 | 10.9 | 11.54 | 24.63 | 19.12 | 12.56 |
| Nifty Service Sector TRI | 4.72 | 0.53 | -0.02 | 4.06 | 3.65 | 6.26 | 19.98 | 13.28 | 15.98 | 12.8 | 10.57 |
*The data provided is for illustrative purposes and subject to periodic change. The scheme information is based on scheme data retrieved on 31st March, 2018 and returns based on regular, growth fund NAV as on 7th May, 2018.
Benefits of Investing in Equity Mutual Funds:
Some of the major benefits of investing in equity mutual funds such as ICICI Pru Exports and Other Services Fund are as follows:
- Diversified Portfolio: Equity funds are diversified with a widespread approach. However, these do not require large initial investments from the investor. Diversified equity funds are all about buying stocks of different companies at specific times in multiple sectors to ensure creation of a diversified portfolio. This is helpful in such a way that if a stock belonging to a specific sector drops, other stocks can make up for the loss.
- Capital Appreciation: This is the primary benefit of equity mutual fund investments. As a company grows & earns profits, the scheme chooses to reinvest the profit and grow through increasing market share, product developments, etc. With the increasing growth of the company, the market price of the stock also increases and this leads to capital appreciation which benefits investors.
- Dividend: Investments in blue-chip companies can potentially provide investors with a stream of regular income in the form of dividends. These companies usually pay out regular dividends in a variety of economic conditions. Having a diversified portfolio ensures steady stream of income throughout the year. Different companies have different cycles, so investors are liable to receive a regular income from their investments.
- Liquidity: Since stocks are traded on all major exchanges in the world every day, this makes them a highly liquid investment. Thus, an investor can sell their stocks whenever they want to. Stocks are definitely not as liquid as savings kept in your bank account but they are a lot more liquid when compared to real estate. Investors can sell their stocks and get their money within a week. That said, equity schemes do offer investors the opportunity to redeem investments at any time except for Equity Linked Saving Schemes (ELSS) which has a lock in period of 3 years and various closed-end schemes.
This means one can redeem all their investments at the time of need at a Net Asset Value (NAV) that is higher than the NAV at the time of purchase (provided the scheme has performed according to expectations). Investors can even invest more in equity mutual fund schemes during the market falls to buy additional units at lower prices. Such liberty of investing and redemption certainly gives investors better control over their investments.
- Professional Management: Market investments are always surrounded by a degree of uncertainty. A new investor may shy away from investing due to lack of adequate knowledge, time, self-discipline or just lack of prior investment experience. Equity mutual funds are perfect in such a situation as they have an inherent design to tap professional expertise. Professionals manage investments which, in turn, relieve the stress created on the investor. Professional management by experts having years of experience in equity research is a plus for investors.
- Systematic/Regular investments: Equity mutual fund schemes allow investors to invest small sums at regular intervals through Systematic Investment Plans (SIP). SIP makes it simpler for new investors to invest in equity mutual fund schemes. A small amount invested on a monthly basis ends up helping build a huge fund corpus without burning a hole in the investor’s pocket. This also helps investors develop the habit of investing regularly, which is useful for long term wealth creation.