Two FoFs Have Given More Than 28% Returns In 1 Year, Should You Invest? Check Details

An investor with a passive approach to investing can choose to include a Fund of Fund (FoF) in his or her portfolio at the asset allocation level, and then at the product level. When the investable topic is a high-net-worth product that is illiquid and there is a high investment limit for investing at the constituent product levels, a fund of funds makes sense. These two FoFs from the ICICI Prudential Mutual Fund delivered promising returns over the years to their investors.

ICICI Prudential BHARAT 22 FOF - Direct Plan-Growth

NAV	Fund Size	Expense Ratio
₹13.85	₹ 52.53 Cr	0.08%

NAV as on 14 February 2022

ICICI Prudential BHARAT 22 FOF Direct-Growth is an ICICI Prudential Mutual Fund Large Cap mutual fund plan. It is a mid-sized fund in its class. The fund was launched on 19 June 2018. ICICI Prudential BHARAT 22 FOF Direct-Growth has Rs 53 Crores worth of AUM as of 31 December 2021. The fund has an expense ratio that is less than its category average expense ratio which is 0.65%. 

In the last 1 year, the fund under the Direct-Growth plan has delivered 29.33% returns, which is extremely better than it's than its category average returns of 7.38%. Since launch, it has delivered 9.37% average annual returns, which is better compared to its category annual returns. The fund has doubled the money invested in it every 2 yrs. The fund has the majority of its money invested in the Financial sector. It has taken less exposure in the Financial sectors compared to other funds in the category.

ICICI Prudential Thematic Advantage Fund (FOF) - Direct Plan-Growth

NAV	Fund Size	Expense Ratio
₹130.43	₹ 292.4 Cr	0.06%

NAV as on 14 February 2022

ICICI Prudential Thematic Advantage Fund (FOF) Direct-Growth is an ICICI Prudential Mutual Fund Aggressive Hybrid mutual fund scheme. It is a medium-sized fund of its category. The fund was launched on 01 January 2013. ICICI Prudential Thematic Advantage Fund (FOF) Direct-Growth has Rs 292 Crores worth of AUM as of 31 December 2021. The fund has an expense ratio that is less than its category average expense ratio. 
Fund's Direct-Growth returns 28.29% in the last 1-year, which is highly better than its category average. Whereas, since its inception, it has delivered 15.53% average annual returns, which is double of its annual category average returns of 7.61%. Every two years, the fund has doubled the amount invested.
The fund now has a 79.38% stock allocation and a 9.98% debt exposure. The financial sector makes up the majority of the fund's stock holdings. In comparison to other funds in the category, it has less exposure to the financial industry. The fund's debt part has a very low credit rating, meaning that the borrowers to whom it has borrowed money are of poor quality.

 

 

Annualized Returns

ICICI Prudential BHARAT 22 FOF - Direct Plan-Growth

Lump Sum Returns - (Investment Rs 10,000)

1-Year	2-Year	3-Year	Since Inception
29.33%	20.15%	12.51%	15.53%

SIP Returns -  (Investment Rs 1,000)

1-Year	2-Year	3-Year
27.09%	40.02%	23.45%

ICICI Prudential Thematic Advantage Fund (FOF) - Direct Plan-Growth

Lump Sum Returns - (Investment Rs 10,000)

1-Year	2-Year	3-Year	5-Year	Since Inception
28.29%	32.59%	23.82%	15.68%	15.53%

SIP Returns - (Investment Rs 1,000)

1-Year	2-Year	3-Year	5-Year
16.97%	40.74%	32.21%	21.38%

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, Terms and Conditions carefully before investing. The above-mentioned information is purely informational and carried forward from MoneyControl. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.