
ICICI Prudential Equity Minimum Variance Fund Direct Growth
ICICI Prudential Equity Minimum Variance Fund Direct Growth
as on 02 Nov 2026
ICICI Prudential Equity Minimum Variance Fund Direct Growth is a Equity mutual fund scheme launched on 06 Dec 2024. The current NAV stands at ₹10.4800 as of 02 Nov 2026. From the funds total AUM, its top holdings include Reliance Industries at 9.53%, HDFC Bank at 7.00%, State Bank of India at 6.59%, Infosys at 5.56%, Kotak Bank at 5.32%
Scheme Overview
- Inception Date : 06 Dec 2024
- AUM : ₹2,450.58 Cr
- 1Y Returns (CAGR) : -6.38%
- Expense Ratio : 1.81%
- Min. SIP : ₹100
- Min. Lumpsum : ₹5,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
1Y
₹ 6.10 L
3.50%
₹ 6.27 L
8.00%
₹ 5.80 L
-6.38%
Total Investment
₹ 6,00,000
Returns
₹ -20,336 (-6.38%)
Maturity Value
₹ 5,79,664
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 2,450.58 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹2,450.58 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Financial Services | 38.06% | ||
| Technology | 10.41% | ||
| Energy | 10.21% | ||
| Consumer Defensive | 8.72% | ||
| Basic Materials | 6.70% | ||
| Healthcare | 6.14% | ||
| Other | 5.92% | ||
| Industrials | 5.14% | ||
| Consumer Cyclical | 4.29% | ||
| Utilities | 2.95% | ||
| Communication Services | 1.25% | ||
| Real Estate | 0.20% |
Stock Holdings
as of 31 May 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() R Reliance Industries | 9.53% | |
![]() H HDFC Bank | 7.00% | |
![]() S State Bank of India | 6.59% | |
![]() I Infosys | 5.56% | |
![]() K Kotak Bank | 5.32% | |
![]() I ICICI Bank | 4.72% | |
![]() A Axis Bank | 4.67% | |
![]() B Bajaj Finserv | 4.47% | |
![]() G Grasim Industries | 4.35% | |
![]() C Cash Margin - Derivatives | 3.59% | |
![]() B Bajaj Auto | 3.58% | |
![]() I ITC | 3.53% | |
![]() A Apollo Hospitals | 3.25% | |
![]() L Larsen & Toubro | 3.14% | |
![]() C Cash Offset For Derivatives | 3.07% | |
![]() T Tata Consultancy Services | 2.67% | |
![]() B Britannia Industries | 2.49% | |
![]() H Hcl Technologies Ltd. $$ | 2.46% | |
![]() U UltraTech Cement | 2.36% | |
![]() T Treps | 2.28% | |
![]() H Hindustan Unilever | 2.21% | |
![]() H HCL Technologies | 2.18% | |
![]() H HDFC Life Insurance | 2.15% | |
![]() N NTPC | 1.98% | |
![]() D Dr Reddys Laboratories | 1.78% | |
![]() L LIC of India | 1.69% | |
![]() I Interglobe Aviation | 1.51% | |
![]() B Bharti Airtel | 1.25% | |
![]() B Bajaj Holdings & Investments | 1.04% | |
![]() P Power Grid Corporation of India | 0.79% | |
![]() O Oil & Natural Gas Corporation | 0.68% | |
![]() L Lupin | 0.62% | |
![]() I Icici Bank Ltd. $$ | 0.61% | |
![]() T TVS Motors | 0.57% | |
![]() C Cummins | 0.50% | |
![]() A Avenue Supermarts DMart | 0.49% | |
![]() C Cipla | 0.48% | |
![]() I ICICI Lombard General Insurance | 0.40% | |
![]() D DLF | 0.20% | |
![]() G GAIL | 0.17% | |
![]() T Titan | 0.14% | |
![]() N Net Current Assets | 0.05% | |
![]() M Marico | 0.00% | |
![]() M Maruti Suzuki | 0.00% | |
![]() S Siemens | 0.00% | |
![]() W Wipro | 0.00% |
Fund Comparison
Fund Details
52W High NAV
₹ 11.3500
Min. SIP Amount
₹ 100.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 2,450.58
Expense Ratio
1.81%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 9.7600
Inception Date
06 Dec 2024
Fund Age
1 Yrs
Benchmark
Nifty 50 TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load of 1% if redeemed within 1 month.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Nitya Mishra | Bachelor of Technical Engineering in Electronics & Communication and Post Graduate degree in Management - Finance |
| Aatur Shah | Chartered Accountant, Chartered Financial Analyst (CFA) and B.Com |
Fund Objective
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.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
ICICI Prudential Mutual Fund
No. of Schemes
103
Total AUM
₹ 10,17,810.28 Cr
Contact Details
One BKC, A-Wing, 13th Floor,Bandra Kurla Complex,Mumbai 400051
Contact Details
One BKC, A-Wing, 13th Floor,Bandra Kurla Complex,Mumbai 400051
FAQs
When was ICICI Prudential Equity Minimum Variance Fund launched?
What is the current NAV of ICICI Prudential Equity Minimum Variance Fund?
What is the AUM of ICICI Prudential Equity Minimum Variance Fund?
What is the rate of return of ICICI Prudential Equity Minimum Variance Fund?
- In the past 1Y: -6.38%
- In the past 3Y: 0.00%
- In the past 5Y: 0.00%
What is the expense ratio of ICICI Prudential Equity Minimum Variance Fund?
What is exit load of ICICI Prudential Equity Minimum Variance Fund?
What is the portfolio of ICICI Prudential Equity Minimum Variance Fund?
- Reliance Industries: 9.53%
- HDFC Bank: 7.00%
- State Bank of India: 6.59%
- Infosys: 5.56%
- Kotak Bank: 5.32%
Top 3 sectoral holdings include:
- Financial Services: 38.06%
- Others: 12.06%
- Technology: 10.41%
How risky is investing in ICICI Prudential Equity Minimum Variance Fund?
Who is the fund manager ICICI Prudential Equity Minimum Variance Fund?
What is the minimum investment required in ICICI Prudential Equity Minimum Variance Fund?
How to invest in ICICI Prudential Equity Minimum Variance Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

Invest in
Pay 0% Commission!
+91
Or Scan the QR Code to download the Dhan App











































