ICICI Prudential Nifty Top 15 Equal Weight Index Fund Review – ICICI Prudential Nifty Top 15 Equal Weight Index Fund Review Direct NFO Open on 10 June 2025 and Close on 24 June 2025. ICICI Prudential Nifty Top 15 Equal Weight Index Fund Direct NFO Allotment Date is 27 June 2025, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹1,000. The Minimum SIP Investment Amount is ₹1,000.
Type of the Scheme
An open ended Index scheme replicating Nifty Top 15 Equal Weight Index.
Scheme Benchmark: Nifty Top 15 Equal Weight TRI
ICICI Prudential Nifty Top 15 Equal Weight Index Fund Scheme Benchmark
| Company | Weightage |
|---|---|
| Reliance Industries Ltd. | 7.11 |
| Mahindra & Mahindra Ltd. | 7.00 |
| ICICI Bank Ltd. | 6.92 |
| Bharti Airtel Ltd. | 6.90 |
| HDFC Bank Ltd. | 6.87 |
| Axis Bank Ltd. | 6.85 |
| Larsen & Toubro Ltd. | 6.81 |
| State Bank of India | 6.76 |
| Maruti Suzuki India Ltd. | 6.67 |
| Hindustan Unilever Ltd. | 6.65 |
ICICI Prudential Nifty Top 15 Equal Weight Index Fund Important Date
| Scheme Offer | ICICI Prudential Fund |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open-ended |
| Open Date | 10 June 2025 |
| Close Date | 24 June 2025 |
| Allotment Date | 27 June 2025 |
| Category | Other Scheme – Index Fund |
| Min Inv ₹ | ₹1,000 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | Nifty Top 15 Equal Weight TRI |
Investment Objective of the Scheme?
The objective of the Scheme is to invest in companies whose securities are included in Nifty Top 15 Equal Weight Index, 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 Nifty Top 15 Equal Weight Index in the same weightage that they represent in Nifty Top 15 Equal Weight Index.
ICICI Prudential Nifty Top 15 Equal Weight Index Fund Other Details
| Exit Load | N/A |
|---|---|
| Exit Load Details | N/A |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 1,000 |
| Min. SIP | Rs. 1,000 |
ICICI Prudential Nifty Top 15 Equal Weight Index Fund Asset Allocation
| Instruments | Allocation Min | Allocation Max |
|---|---|---|
| Equity and Equity related securities of companies constituting the underlying 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. Ashwini Shinde
Qualification : Bachelor of Commerce (B.Com), Master of Commerce (M.Com) from Mumbai University and Inter CA
Experience : Ms. Ashwini Shinde was appointed as the Deputy Manager – Dealer Support in the Investment Department of ICICI Prudential
Asset Management Company Limited w.e.f. August 1, 2024. During November 2024, she was appointed as fund manager for certain passive schemes.
ICICI Prudential Nifty Top 15 Equal Weight Index Fund Sector Representation
| Sector | Weightage |
|---|---|
| Financial Services | 40.05 |
| Automobile and Auto Components | 13.67 |
| Fast Moving Consumer Goods | 13.21 |
| Information Technology | 12.26 |
| Oil, Gas & Consumable Fuels | 7.11 |
| Telecommunication | 6.90 |
| Construction | 6.81 |
ICICI Prudential Nifty Top 15 Equal Weight Index Fund Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | Since inception |
|---|---|---|---|---|---|
| Price Return | 4.61 | 6.27 | 11.94 | 22.67 | 12.81 |
| Total Return | 5.01 | 6.90 | 13.40 | 24.05 | 14.31 |
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 Health and Wellness Fund Review
ICICI Prudential Nifty Top 15 Equal Weight Index Fund Registrar
Computer Age Management Services Ltd.
7th Floor, Tower II, Rayala Towers, 158,
Anna Salai, Chennai – 600002
Telephone:1800-3010-6767
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ICICI Prudential Nifty Top 15 Equal Weight Index Fund Form Download
People also ask F&Q
Question 1: Is ICICI Prudential Nifty Top 15 Equal Weight Index Fund good or bad?
Answer 1: Yes, ICICI Prudential Nifty Top 15 Equal Weight Index Fund is a good choice for investors & Retailer Also.
Question 2: What NAV will I get, if I invest in NFO period of ICICI Prudential Nifty Top 15 Equal Weight Index Fund?
Answer 1: A NAV of approx ₹10.00/-
