ICICI Prudential NV20 ETF
- 17.64%
- (--0.22)77.97
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Fund Summary
Period | Returns(per year) |
---|---|
10 Years | -- |
5 Years | -- |
3 Years | 17.64% |
1 Year | 66.75% |
6 Months | 26.64% |
Fund Details | |
---|---|
ISIN | INF109KB1WY5 |
Risk | Very High Risk |
Fund Type | Large-Cap |
NAV | 77.97 |
Exit Load | -- |
More about this fund
Top Holdings | Weightage |
---|---|
Tata Consultancy Services Ltd | 14.97% |
Infosys Ltd | 14.81% |
Hindustan Unilever Ltd | 11.12% |
ITC Ltd | 9.78% |
Larsen & Toubro Ltd Shs Dematerialised | 8.78% |
HCL Technologies Ltd Shs Dematerialised | 5.46% |
Sun Pharmaceuticals Industries Ltd | 3.31% |
Tech Mahindra Ltd | 3.15% |
Wipro Ltd | 3.14% |
Grasim Industries Ltd | 2.84% |
About ICICI Prudential NV20 ETF
TICICI Prudential NV20 ETF is an exchange traded fund (ETF) which mirrors the Nifty 50 Value 20 Index comprising of 20 of the most liquid value blue-chip stocks listed on the National Stock Exchange- by buying the same stocks in the same proportion as they are in the index.
Pros & Cons of ICICI Prudential NV20 ETF
ICICI Prudential NV20 ETF offers the following benefits: 1. This scheme provides an investor a chance to invest in select stocks at relatively lower valuations. 2. Low cost and low fees structure of the ETF are another highlight of this scheme. 3. The scheme provides a good diversification across Nifty50 Value 20 Index.
Certain drawbacks of ICICI Prudential NV20 ETF 1. While it might seem that ICICI Prudential NV20 ETF is virtually risk free, it is not entirely the case. Since it is an equity linked scheme, its NAV could swing wildly making it a risky bet.
Fund Information and Statistics of ICICI Prudential NV20 ETF
i) Inception / Launch date
ICICI Prudential NV20 ETF was launched on June 17, 2016 by ICICI Mutual Fund AMC.
ii) Risk level
Being an open ended equity, this fund is a moderately high risk bet and suitable for investors who have a long-term investment horizon of more than 5 years.
iii) Redemption
Redemption of Units will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.
iv) Fund Manager
Mr. Kayzad Eghlim has been managing this fund since June 2016 and he has an overall experience of 26 years.
v) Entry / Exit load
The fund house doesn’t charge any entry or exit load on this fund.
Tax benefits of investing in the fund
Long term capital gains tax applies to returns on this fund. A capital gain registered during a period of less than 1 year is defined as Short-term Capital Gain (STCG). A capital gain registered over a period of more than 1 year is defined as Long-term Capital Gains (LTCG). STCG are taxed at the rate of 15%. Long term capital gains in excess of Rs 1 lakh are taxed at the rate of 10% without the benefit of indexation.
About ICICI Mutual Fund
ICICI Prudential Balanced Advantage Fund is managed by ICICI Mutual Fund AMC, one of India’s largest Fund houses with a proven track record of delivering returns. The fund has been on the forefront of financial innovation leading to a well-diversified portfolio of around 47 mutual fund products, across equity and debt.
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Frequently Asked Questions
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All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns