ICICI Prudential Nifty 100 ETF-Growth Fund Overview

Aanchal Rao

8 months ago

ICICI Prudential Nifty 100 ETF-Growth Fund Overview

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Key Highlights

As on August 19, 2024, the NAV of ICICI Prudential Nifty 100 ETF (Growth option) under the regular plan is ₹28.29.
Performance of the fund across various time periods:
- 1-Year: 32.89%
- 3-Year: 15.89%
- 5-Year: 18.76%
- Since Inception: 16.63%
- In comparison, the category average across 1 year, 3 year and 5 year period stands at 39.37%, 17.44%, and 19.42%, respectively..
As of July 31, 2024, this ETF had an AUM of.
The expense ratio of the regular plan, on the other hand, is presently at 0.48%, effective July 31, 2024.
No entry or exit load is applicable while investing in this fund.
The minimum investment needed to buy units of this scheme is ₹5,000, and a minimum of ₹0 can be added subsequently in this scheme. SIP (Systematic Investment Plan) investment is also fixed at a minimum of ₹0.

ICICI Prudential Nifty 100 ETF-Growth Returns

Trailing Returns

Period	1M	3M	6M	1Y	3Y	5Y
Fund Annualized Returns	0.90%	9.80%	13.90%	34.03%	15.90%	18.80%
Category Average	1.34%	9.75%	15.08%	40.43%	17.44%	19.46%
Rank within Category	82	74	68	81	48	37
Number of Funds in Category	165	162	160	151	109	92

Concentration & Valuation Analysis

Month	Number of Holdings	Top 5 Company Holdings	Top 10 Company Holdings	Company with Highest Exposure	Number of Sectors	Top 3 Sector Holdings	Top 5 Sector Holdings	Sector with Highest Exposure
July 2024	101	30.47%	44.59%	HDFC Bank (8.78%)	16	53.67%	70.31%	Financial (28.94%)
June 2024	101	31.19%	45.16%	HDFC Bank (9.53%)	16	54.52%	70.54%	Financial (30.48%)
May 2024	101	30.85%	44.95%	HDFC Bank (9.25%)	16	54.13%	70.09%	Financial (30.36%)
April 2024	101	31.28%	45.53%	HDFC Bank (9.23%)	16	55.03%	70.84%	Financial (30.75%)
March 2024	101	31.71%	45.55%	HDFC Bank (8.99%)	16	55.02%	70.87%	Financial (30.10%)
February 2024	101	32.52%	46.58%	HDFC Bank (9.04%)	16	54.53%	70.68%	Financial (28.30%)

This is an overview of the concentration and sectoral allocation of the ICICI Prudential Nifty 100 ETF. Notice how persistently it has concentrated in the financial sector, and top holdings, especially HDFC Bank, dominated the overall performance.

ICICI Prudential Nifty 100 ETF-Growth Fund offers competitive returns and a broad portfolio with low costs. Since the fund invests in some of the largest companies operating in important sectors, it would be very good for any investor looking to gain exposure to the broader Indian market.

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