About ICICI Prudential Nifty 100 Low Volatility 30 ETF

• ICICI Prudential Nifty 100 Low Volatility 30 ETF is an exchange-traded fund offered by ICICI Mutual House.
• The ETF was launched on July 3, 2017.
• The ETF features NSE-listed stocks that have shown lower volatility compared to the broader market.
• The total assets under management (AUM) in this ETF stood at ₹2,998.47 crores as of June 30, 2024.
• Nishit Patel is the fund manager for ICICI Prudential Nifty 100 Low Volatility 30 ETF.
• ICICI Prudential Nifty 100 Low Volatility 30 ETF units can be bought and sold on the stock exchange using a demat account.

Investment Objective & Benchmark

• ICICI Prudential Nifty 100 Low Volatility 30 ETF offers returns that closely correspond to the the total return of securities in the underlying index.
• The ETF is benchmarked against the Nifty100 Low Volatility 30 index, comprising 30 lowest volatility stocks in the Nifty 100, based on performance over the past one year.
• The ETF diversified investment into multiple sectors, saving investors from industry-specific risks.
• ICICI Prudential Nifty 100 Low Volatility 30 ETF has offered a stable return of over 17% in the last five years.
• Investing in stocks with low volatility, the ETF promises a more stable return. Most of the companies part of the ETF are industry leaders and have shown consistent growth over the years.
• Weights of securities in the index are assigned based on the volatility values. This facilitates adaptation to changing market trends.

Asset Allocation & Portfolio Composition

• ICICI Prudential Nifty 100 Low Volatility 30 ETF has allocated 99.7% of the funds to equities.
• It has invested 24.34% of the funds in the consumer staples sector, 12.85% in healthcare stocks, 10.75% in financial and 10.36% in the materials sector. The remaining 9.73% of the fund is allocated to companies in the technology segment and 31.97% is allocated to other sectors.
• The ETF investors across market capitalisations: around 70.35% in giant, 10.30% in large-cap companies and 10.33% in mid-cap companies.
• The top 10 company holdings comprise 38.78% of the ETF.

List of top company holdings in ICICI Prudential Nifty 100 Low Volatility 30 ETF along with their portfolio weightage:

• ITC- 3.81%
• Asian Paints-3.99%
• Britannia Inds-4.14%
• Reliance Industries-3.49%
• Hindustan Unilever - 4.44%
• Sun Pharma-3.6%
• ICICI Bank-4.34%
• HDFC Bank-3.61%
• Marico -3.61%
• UltraTech Cement-3.66%

The ICICI Prudential Nifty 100 Low Volatility 30 ETF has yielded a return of 32.94% in the last one year, as of July 9, 2024, outperforming the underlying index's earnings of 31.9%.

The ETF has posted a CAGR of 16.16% since its inception.