ICICI Prudential Nifty200 Value 30 Index Fund Review – ICICI Prudential Nifty200 Value 30 Index Fund Review Direct NFO Open on 30 September 2024 and Close on 14 Oct 2024. ICICI Prudential Nifty200 Value 30 Index Fund Direct NFO Allotment Date is 17 October 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹100. The Minimum SIP Investment Amount is ₹100.
Type of the Scheme
An open ended Index scheme replicating Nifty200 Value 30 Index.
Scheme Benchmark : Nifty200 Value 30 TRI – The composition of the benchmark is such that, it is most suited for comparing performance of the Scheme. The Trustees reserves the right to change the benchmark in future, if a benchmark better suited to the investment objective of the Scheme is available.
ICICI Prudential Nifty200 Value 30 Index Fund Scheme Benchmark
Company | Weightage |
---|---|
Oil & Natural Gas Corporation Ltd. | 5.72 |
Grasim Industries Ltd. | 5.33 |
NTPC Ltd. | 5.30 |
Bharat Petroleum Corporation Ltd. | 5.21 |
Power Finance Corporation Ltd. | 5.10 |
Indian Oil Corporation Ltd. | 4.98 |
Power Grid Corporation of India Ltd. | 4.97 |
Coal India Ltd. | 4.88 |
Vedanta Ltd. | 4.76 |
Hindalco Industries Ltd. | 5.65 |
ICICI Prudential Nifty200 Value 30 Index Fund Important Date
Scheme Offer | ICICI Prudential Nifty200 Value 30 Index Fund |
---|---|
Offer Price | Rs. 10/- per Unit |
Type of Scheme | An open-ended |
Open Date | 30 Sep 2024 |
Close Date | 14 Oct 2024 |
Allotment Date | 17 Oct 2024 |
Category | Other Scheme – Index Fund |
Min Inv ₹ | 100 |
Lock in Period | N/A |
Risk | Very High |
Scheme Benchmark | Nifty200 Value 30 TRI |
Investment Objective of the Scheme ?
The objective of the Scheme is to invest in companies whose securities are included in Nifty200 Value 30 Index and subject to tracking errors, to endeavor to achieve the returns of the above index.
This would be done by investing in all the stocks comprising the Nifty200 Value 30 Index in the same weightage that they represent in Nifty200 Value 30 Index. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.
ICICI Prudential Nifty200 Value 30 Index Fund Other Details
Exit Load | Nil |
---|---|
Exit Load Details | Nil |
Entry Load | N/A |
Stamp Duty | 0.005% |
Min. Investment | Rs. 100 |
Min. SIP | Rs. 100 |
ICICI Prudential Nifty200 Value 30 Index Fund Asset Allocation
Instruments | Allocation Min | Allocation Max |
---|---|---|
Equity and Equity related securities of companies constituting the underlying index (Nifty200 Value 30 Index) |
95% | 100% |
Money Market instruments including TREPs* and Units of debt schemes |
0% | 5% |
Manager Manage the Scheme?
Fund Manger : Mr. Nishit Patel
Qualification : CFA (Level 1) Chartered Accountant and B.Com
Experience : Mr. Nishit joined ICICI Prudential Asset Management Company Limited in November 2018. Past Experience: ~ ICICI Prudential Asset Management Company Limited – ETF Business – November 2018 – January 2020.
Fund Manger : Ms. Priya Sridhar
Qualification : B. Com from Mumbai University, M.F.M. – Masters in Financial Management from Somaiya College of Management Studies.
Experience : ~ ICICI Prudential Asset Management Company Limited – Branch Service Operations – October 2010 to March 2015 ~ ICICI Prudential Asset Management Company Limited – Dealer in MF – March 2015 to September 2019 ~ ITI Mutual Fund – Dealer in MF – October 2019 to January 2022.
ICICI Prudential Nifty200 Value 30 Index Fund Sector Representation
Sector | Weightage |
---|---|
Financial Services | 31.25 |
Oil, Gas & Consumable Fuels | 30.89 |
Metals & Mining | 17.38 |
Power | 10.27 |
Construction Materials | 5.33 |
Chemicals | 3.70 |
Telecommunication | 1.18 |
ICICI Prudential Nifty200 Value 30 Index Fund Index Return
Where Will the Scheme Invest ?
- Equity and equity related securities forming part of underlying index.
- Derivative instruments like Stock / Index Futures, Stock / Index Options and such other derivative instruments permitted by SEBI.
- TREPS.
- Units of debt schemes, subject to applicable regulations.
- Money market instruments which includes commercial papers, commercial bills, treasury bills, Government securities having an unexpired maturity up to one year, call or notice money, certificate of deposit, usance bills, and any other like instruments as specified by the Reserve Bank of India from time to time; to meet the liquidity requirements.
Also Read: Baroda BNP Paribas Nifty200 Momentum 30 Index Fund Review
ICICI Prudential Nifty200 Value 30 Index Fund Registrar
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ICICI Prudential Nifty200 Value 30 Index Fund Form Download
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