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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