Investment Objective and Approach

The scheme seeks to generate long-term capital appreciation by predominantly investing in equity and equity related instruments selected based on a quantitative approach. The fund follows a systematic, data-driven investment strategy that uses mathematical models and statistical analysis to identify and select stocks.

The fund employs quantitative methods to:

- Screen stocks based on various financial parameters and ratios

- Minimize emotional bias in investment decisions

- Maintain disciplined approach to portfolio construction

- Capture market opportunities through systematic analysis

The sub-category of this fund is thematic. This fund has been launched on 23-11-2020. The fund focuses on creating a well-diversified equity portfolio using quantitative models to achieve consistent returns over the long term.

Fund Managers

Roshan Chutkey is the fund manager of ICICI Prudential Quant Fund. Roshan Chutkey did his engineering from IIT Madras, MBA from IIM Lucknow and has a Masters in Finance degree from London Business School. He is associated with ICICI Prudential AMC from February 2015 and has 12 years of overall experience in the industry.

His professional experience includes:

- From January 2005 to May 2006, he served at JP Morgan Chase in Equity Research.

- From May 2006 to February 2008, Mr. Chutkey served at Citibank in the Risk Management and Cards Business.

- From March 2008 to July 2011, Mr. Chutkey was a Portfolio Manager and Assistant Manager at Kuwait Financial Centre.

In his current role as a fund manager, he manages ICICI Prudential Banking & Financial Services Fund, a flagship sector fund; and ICICI Prudential India Opportunities Fund as a co-fund manager.

About the Fund House (AMC)

ICICI Prudential Mutual Fund is one of India's leading asset management companies. ICICI Prudential Mutual Fund is the second-largest mutual fund company in India in terms of Assets Under Management (AUM). It was established in 1993 as ICICI Prudential Asset Management Company Limited (a part of ICICI Group) where Prudential plc, came in as a joint venture (JV) partner.

Key highlights about the AMC:

- Prudential plc is one of the largest companies in the financial services sector in the United Kingdom (UK).

- ICICI Bank holds a 51% stake in the JV and Prudential plc has 49%.

- With an experience of over two decades, ICICI Prudential Mutual Fund also offers Portfolio Management Services.

- ICICI Prudential Mutual Fund AMC was incorporated on 22, Jun 1993, and has an AUM size of Rs. 9,83,726 Cr as on 30, Jun 2025.

The fund house has established itself as a trusted partner for millions of investors across India, offering a comprehensive range of mutual fund schemes across various asset classes and investment categories.

Should I Invest in ICICI Prudential Quant Fund?

ICICI Prudential Quant Fund could be suitable for investors who:

Consider investing if you:

- Believe in systematic, data-driven investment approaches

- Want exposure to quantitative investment strategies

- Are comfortable with equity market volatility

- Have a long-term investment horizon (5+ years)

- Prefer disciplined, emotion-free investment methodology

Performance metrics to consider:

- The 1-year, 3-year and 5-year returns of this fund were 24.96, 16.49 and 0.00 respectively.

- ICICI Prudential Quant Fund Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. It's ability to control losses in a falling market is above average.

Key considerations:

- The ICICI Prudential Quant Fund Direct Growth is rated Very High risk.

- Quantitative strategies may underperform during certain market conditions

- Past performance doesn't guarantee future results

- Consider your risk tolerance and investment objectives before investing

It's recommended to consult with a financial advisor to determine if this fund aligns with your investment goals and risk profile.

FAQs

What is today's NAV of ICICI Prudential Quant Fund?

The latest NAV varies by plan. Latest NAV for ICICI Pru Quant Fund is at ₹ 22.18. NAVs are updated daily after market hours and can be checked on the fund house website or investment platforms.

What is the AUM of ICICI Prudential Quant Fund?

ICICI Prudential Quant Fund Growth has an Asset Under Management (AUM) of 96.48 as on 2024-12-17. AUM indicates the total value of assets managed by the fund.

What is the expense ratio of ICICI Prudential Quant Fund?

The fund has an expense ratio of 1.39, which is quite reasonable as compared to most other EQUITY mutual fund schemes. This represents the annual fee charged for managing the fund.

What are the returns of ICICI Prudential Quant Fund since inception?

ICICI Prudential Quant Fund Direct - Growth scheme return performance in last 1 year is 8.00%, in last 3 years is 75.94% and 139.10% since scheme launch. Returns are subject to market conditions and past performance doesn't guarantee future results.

What is the minimum SIP amount to invest in ICICI Prudential Quant Fund?

Minimum SIP Investment is set to ₹100. This makes the fund accessible for investors who want to start with small monthly investments.

How do I invest in ICICI Prudential Quant Fund?

You can invest through Allvest platform by completing your KYC, selecting the fund, choosing investment amount, and making payment. You can also invest directly through the AMC website or other registered distributors.

How to start a SIP in ICICI Prudential Quant Fund?

To start an SIP through Allvest, login to your account, search for ICICI Prudential Quant Fund, select SIP option, choose amount and frequency, set up auto-debit instructions, and submit the application.

How do I automate an SIP in ICICI Prudential Quant Fund?

To automate an SIP in ICICI Prudential Quant Fund, use the Auto-Invest feature on Kotak Securities. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested in the ICICI Prudential Quant Fund automatically, ensuring consistent contributions without manual intervention. Similar automation features are available on Allvest platform.

How can I withdraw/redeem my investment in ICICI Prudential Quant Fund?

You can redeem your investment through Allvest platform by logging in, selecting the fund, choosing full or partial redemption, entering the amount or units, and submitting the request. Exit load of 1% if redeemed within 3 months.