ICICI Prudential Bharat Consumption Fund – Series 2 Direct Growth performance review analysis for December: ICICI Prudential Bharat Consumption Fund – Series 2 Direct Growth, managed by the seasoned fund managers Roshan Chutkey, remains a prominent player in the Equity – Other. ICICI Prudential Bharat Consumption Fund – Series 2 boasts an impressive AUM of ₹432.96 crore. Under the guidance of Roshan Chutkey, the fund adheres to its objective of the investment objective of the Scheme is to provide capital appreciation by investing predominantly in equity and equity related instruments of sectors that could benefit from growth in consumption and related activities. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Performance Analysis:
Over the past week, ICICI Prudential Bharat Consumption Fund – Series 2 returned -1.23%, showing a negative delta of -0.03%. The one-month performance shows a negative trend, with the fund delivering 0.56%.
The performance over the longer durations is mentioned below:
Below is the list of top holdings in the fund:
Risk Measurement
Understanding the risk associated with the fund is crucial for investors. The Sharpe Ratio, which measures risk-adjusted returns, is a key indicator of how well the fund compensates investors for the risk taken. Over the past year, the fund’s Sharpe Ratio stands at 2.78, while the three-year and five-year ratios are 0.83 and 0.00, respectively. Sharpe ratio values above 1 are considered good, whereas values below 1 are considered bad.
In terms of volatility, the standard deviation over the same periods— 13.69% for one year, 15.07% for three years, and 0.00% for five years. Higher standard deviations indicate greater volatility, while lower ones suggest more stable returns.
In the last month, the fund acquired new positions in the following stocks:
The fund has reduced its holding in the following stocks:
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