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
Index Return
QTD
YTD
1 Year
5 Years
Since Inception
Price Return
5.81
38.71
87.90
33.38
14.64
Total Return
6.28
40.09
90.46
36.54
17.85
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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