FAQ : ICICI Prudential Nifty Financial Services Ex-Bank ETF

ICICI Prudential Nifty Financial Services Ex-Bank ETF has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 47.35 N/A N/A N/A
Average Rolling Returns(%) 37.30 N/A N/A N/A

The Current NAV of ICICI Prudential Nifty Financial Services Ex-Bank ETF is ₹23.91.

It is better to invest in a fund with a longer track record as ICICI Prudential Nifty Financial Services Ex-Bank ETF cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark Nifty Financial Services Ex-Bank - TRI returns, as Funds portfolio is significantly different.

ICICI Prudential Nifty Financial Services Ex-Bank ETF fund’s expense ratio is 0.20%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of ICICI Prudential Nifty Financial Services Ex-Bank ETF is currently ₹76 Crores.

The Top three stocks are Bajaj Finance, JIO Financial Serv. and Bajaj Finserv and account for 34% of its portfolio. Top 5 and 10 stocks of fund account for 45% and 67% of fund’s portfolio respectively.

Top three sectors of ICICI Prudential Nifty Financial Services Ex-Bank ETF fund are BFSI, IT and Construction & Infrastructure accounting for 100% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a ETFs - Index it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of ICICI Prudential Nifty Financial Services Ex-Bank ETF Fund is ETFs - Index.

Nishit Patel and Priya Shridhar manage the ICICI Prudential Nifty Financial Services Ex-Bank ETF Fund.

ICICI Prudential Nifty Financial Services Ex-Bank ETF current PE ratio is 31.42 and PB ratio is 5.28

The asset allocation of ICICI Prudential Nifty Financial Services Ex-Bank ETF is Stocks : 99.93%, Debt : 0.06% and Gold : 0%

The minimum SIP amount for ICICI Prudential Nifty Financial Services Ex-Bank ETF is N/A and minimum lumpsum is ₹1000.00

The exit load for ICICI Prudential Nifty Financial Services Ex-Bank ETF is N/A

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