ICICIPRAMC - Bharatiwin ETF
ICICIB22
₹108.70-₹0.89 (-0.81%) TodayLast updated on 14 Nov, 2024 | 15:53 IST
ICICIPRAMC - Bharatiwin ETF Chart
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Fund overview
About
Open ₹110.00 | Close ₹109.59 | Volume 5,10,809 | Avg. traded ₹109.09 |
Circuit range ₹88.93 - ₹133.40 | Day range ₹108.45 - ₹110.80 | Year range ₹77.51 - ₹124.00 | |
AUM ₹19,159.83 Cr | ManagersNishit Patel, +2 more | Launch Date 24 Nov 2017 |
ICICIPRAMC - Bharatiwin
About BHARAT 22 ETF
- BHARAT 22 ETF is an open-ended scheme belonging to ICICI Prudential Mutual Fund House. It is an Exchange Traded Fund (ETF) listed on both the NSE and BSE.
- New Delhi-registered ICICI Prudential Asset Management Company Limited is the controlling company of the ETF. ICICI Prudential Trust Limited is the trustee while the fund managers are Priya Sridhar, Nishit Patel and Ajaykumar Solanki.
- The scheme was launched on November 24, 2017.
- BHARAT 22 ETF tracks and mirrors the S&P BSE Bharat 22 TRI. It aims to ensure the ups and downs of the underlying index are reflected up to the extent possible in the fund values.
- Since its commencement, the scheme has yielded Compounded Annualised Growth Return (CAGR) of 19.29% as of August 30, 2024. The ETF has registered 67.94% CAGR in the past one year.
- The ETF has given an annualised return of 42.49% in the past three years, as of August 30, 2024, and over 9.14% in the past 5 years.
- As of July 31, 2024, the ETF's Assets Under Management (AUM) was ₹20683.44 crore.
Investment Objective and Benchmark
- The scheme’s investment objective is to “invest in constituents of the underlying S&P BSE Bharat 22 Total Return Index (TRI) in the same proportion as in the underlying Index, and endeavour to provide returns before expenses, which closely correspond to the total returns of the underlying Index subject to tracking error.”
- S&P BSE BHARAT 22 Total Return Index (TRI) has been formulated as a barometer of the behaviour and performance of chosen companies disinvested by the Government of India as per its policy. 22 companies listed on BSE and disinvested by the Central government constitute the thematic Index.
- The index was created by picking the top 22 companies based on the annual returns submitted by them pertaining to the previous five years. The weights of the constituents are capped at 15%. The weight of each BSE sector has been capped at 20%.
- The weightage of each scrip is determined based on its free-float capitalisation (computed by multiplying the then share price with the number of shares that can be publicly traded). The index is reviewed annually.
- BHARAT 22 ETF opts for its component stocks in a proportion that resembles, to the extent possible, their weightage in the S&P BSE Bharat 22 TRI.
Asset Allocation and Portfolio Composition
- The asset allocation under the scheme is 95%-100% in equity and equity-related securities of companies constituting the S&P BSE Bharat 22 TRI, including derivative instruments to the extent of 5% of the net asset. The fund can source the remaining 0-5% from liquid/money market mutual fund schemes, money market instruments (with maturity of up to 91 days), including treasury bills repurchase (TREPS), cash and cash equivalents.
- As of July 31, 2024, the equity holdings in the ETF comprised around 99.86% of its assets. Short-term debt and net current assets made up the rest 0.14%. The top 10 equity holdings in the ETF comprised around 83.1% of its assets.
- According to the company website, the top three sectors (power, bank, diversified FMCG) constituted 51.73% of the assets.
Top 10 holding of BHARAT 22 ETF
- ITC Ltd.- 15.71%
- Larsen & Toubro Ltd.- 13.54 %
- NTPC Ltd.- 10.11 %
- Power Grid Corporation of India Ltd.- 8.13%
- State Bank of India- 7.12%
- Axis Bank Ltd.-7.03%
- Oil & Natural Gas Corporation Ltd.- 5.7%
- Bharat Electronics Ltd.- 5.41%
- Coal India Ltd.- 5.21%
- National Aluminium Company Ltd.- 5.14%
Key indicators
Tracking index BSE Bharat 22 |
Expense Ratio0.05% |
Tracking error NA |
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Investment checklist: (4/6)
Liquidity
Fund size
Expense Ratio
Tracking error
Returns vs FD Rates
Entry Point
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Returns
Returns vs Benchmark
Compare the returns of this fund with
NIFTY 50
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Nifty 50
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ICICIPRAMC - Bharatiwin Price history
Day | Open | Close | Change % |
---|---|---|---|
Wed, Nov 13 2024 | ₹113.62 | ₹109.59 | -1.62% |
Tue, Nov 12 2024 | ₹116.80 | ₹111.39 | -1.78% |
Mon, Nov 11 2024 | ₹115.46 | ₹113.41 | -0.04% |
Fri, Nov 8 2024 | ₹115.50 | ₹113.46 | -0.72% |
Thu, Nov 7 2024 | ₹115.50 | ₹114.28 | -0.71% |
Wed, Nov 6 2024 | ₹114.90 | ₹115.10 | |
Tue, Nov 5 2024 | ₹114.55 | ₹113.20 | |
Mon, Nov 4 2024 | ₹118.05 | ₹112.54 | -1.79% |
Composition
What's in fund
Name | Holdings |
---|---|
ITCITC Ltd | 16.58% |
LTLarsen & Toubro Ltd | 13.77% |
532555NTPC Ltd | 10.61% |
532898Power Grid Corp Of India Ltd | 8.01% |
532215Axis Bank Ltd | 7.47% |
SBINState Bank of India | 7.16% |
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Frequently asked questions
What is the ICICIPRAMC - Bharatiwin share price today?
ICICIPRAMC - Bharatiwin share price is ₹ 108.70 today.
What is today’s high & low share price of ICICIPRAMC - Bharatiwin?
ICICIPRAMC - Bharatiwin share price high: ₹ 110.80 and low: ₹ 108.45
What is Assets Under Management (AUM) of ICICIPRAMC - Bharatiwin shares today on the NSE?
ICICIPRAMC - Bharatiwin Assets Under Management (AUM) of ₹ 19,159.83 Crores.
What is the ICICIPRAMC - Bharatiwin share price high and low in the last 52 weeks on the NSE?
52 Week share High Price is ₹ 124.00 and Low Price is ₹ 77.51
What is the ICICIPRAMC - Bharatiwin Stock Symbol?
The ICICIPRAMC - Bharatiwin Stock symbol is ICICIB22.
Can I buy ICICIPRAMC - Bharatiwin shares on Holidays?
No, shares of ICICIPRAMC - Bharatiwin or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell ICICIPRAMC - Bharatiwin shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.