ICICIPRAMC - ICICIFIN ETF
FINIETF
₹25.26-₹0.05 (-0.2%) TodayLast updated on 24 Jan, 2025 | 12:19 IST
ICICIPRAMC - ICICIFIN ETF Chart
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Fund overview
About
Open ₹25.70 | Close ₹25.31 | Volume 26,396 | Avg. traded ₹25.15 |
Circuit range ₹20.07 - ₹30.10 | Day range ₹24.97 - ₹25.70 | Year range ₹21.69 - ₹30.00 | |
AUM ₹89.51 Cr | ManagersNishit Patel, +1 more | Launch Date 28 Nov 2022 |
ICICIPRAMC - ICICIFIN
About ICICI Prudential Nifty Financial Services Ex-Bank ETF
- ICICI Prudential Nifty Financial Services Ex-Bank ETF is an exchange-traded fund offered by the ICICI Prudential Mutual Fund House.
- The ETF includes stocks of insurance firms, asset management companies, and other financial institutions.
- The scheme was launched on November 25, 2022.
- The assets under management of this ETF were valued at ₹82.27 crore, as of June 30, 2024.
- Nishit Patel is the fund manager.
- The exchange symbol for the ICICI Prudential Nifty Financial Services Ex-Bank ETF on the National Stock Exchange is FINIETF
- The fund is traded on both stock exchanges, which enables investors to trade at market price during each session.
- The ETF units can be bought directly using a demat account with a registered broker.
Investment Objective & Benchmark
- The scheme’s objective is to mirror the returns of the Nifty Financial Services Ex-Bank Index as closely as possible. This is achieved by holding the same securities as the index in similar proportions.
- The performance of the ETF is benchmarked by the Nifty Financial Services Ex-Bank Index.
- The index composition will have a mix of large-cap and mid-cap companies involved in financial services but not in banking.
- The ETF is periodically rebalanced to reflect changes in the underlying index. This helps maintain alignment with the index’s performance.
- ICICI Prudential Nifty Financial Services Ex-Bank EtF provides targeted exposure to the financial services sector without including banks. This can be useful if an investor believes other financial services companies will outperform banks.
- The goal is to invest in a range of financial services firms. The ETF offers diversification within the financial sector.
- A very high-risk financial instrument, the ETF is suitable for investors looking at a long-term investment goal.
Asset Allocation & Portfolio Composition
- The ETF invests in companies across market capitalisations around 67.22% in giant cap, 13,93% in large cap, 14.87% in mid-cap and 3.98% in small cap.
- The asset allocation of the fund comprises 99.83% in equity and 0.17% in cash and cash equivalent.
Sector-wise allocation of funds in this ETF:
- Financial: 70.14%
- Insurance: 17.04%
- Capital Market: 8.4%
- Financial Technology: 4.25%
- Others - 0.17%
The top 10 holding stocks comprise around 65.82% of the ETF’s asset allocation. Top 10 company holdings:
- Bajaj Finance: 15.31%
- Jio Financial: 9.14%
- Bajaj Finserv: 6.66%
- Shriram Finance: 6.26%
- Power Fin. Corporation: 5.44%
- SBI Life Insurance: 5.19%
- REC Ltd: 5.02%
- HDFC Life Insurance: 4.84%
- Cholaman Investment & Financial: 4.62%
- ICICI Lombard: 3.34%
In a single year, the ETF has given a return of 32.34% compared to the 32.04% return of its benchmarked index as of June 30, 2024.
Since its inception, the ICICI Prudential Nifty Financial Services Ex-Bank ETF has given a return of 28.34%.
Key indicators
Tracking index Nifty Fin Ser Ex-Bank TR |
Expense Ratio0.20% |
Tracking error NA |
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Investment checklist: (2/6)
Liquidity
Fund size
Expense Ratio
Tracking error
Returns vs FD Rates
Entry Point
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily
Returns
Returns vs Benchmark
Compare the returns of this fund with
NIFTY 50
This ETF
Nifty 50
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ICICIPRAMC - ICICIFIN Price history
Day | Open | Close | Change % |
---|---|---|---|
Thu, Jan 23 2025 | ₹26.00 | ₹25.31 | |
Wed, Jan 22 2025 | ₹26.00 | ₹25.12 | -0.40% |
Tue, Jan 21 2025 | ₹26.25 | ₹25.22 | -1.94% |
Mon, Jan 20 2025 | ₹25.60 | ₹25.72 | |
Fri, Jan 17 2025 | ₹26.00 | ₹25.60 | -0.47% |
Thu, Jan 16 2025 | ₹26.00 | ₹25.72 | |
Wed, Jan 15 2025 | ₹26.00 | ₹25.21 | |
Tue, Jan 14 2025 | ₹24.67 | ₹25.11 |
Composition
What's in fund
Name | Holdings |
---|---|
500034Bajaj Finance Ltd | 14.21% |
JIOFINJio Financial Services Ltd | 7.29% |
532978Bajaj Finserv Ltd | 6.38% |
SHRIRAMFINShriram Finance Ltd | 6.01% |
BSEBSE Ltd | 5.37% |
543390PB Fintech Ltd | 5.18% |
1/5
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Frequently asked questions
What is the ICICIPRAMC - ICICIFIN share price today?
ICICIPRAMC - ICICIFIN share price is ₹ 25.26 today.
What is today’s high & low share price of ICICIPRAMC - ICICIFIN?
ICICIPRAMC - ICICIFIN share price high: ₹ 25.70 and low: ₹ 24.97
What is Assets Under Management (AUM) of ICICIPRAMC - ICICIFIN shares today on the NSE?
ICICIPRAMC - ICICIFIN Assets Under Management (AUM) of ₹ 89.51 Crores.
What is the ICICIPRAMC - ICICIFIN share price high and low in the last 52 weeks on the NSE?
52 Week share High Price is ₹ 30.00 and Low Price is ₹ 21.69
What is the ICICIPRAMC - ICICIFIN Stock Symbol?
The ICICIPRAMC - ICICIFIN Stock symbol is FINIETF.
Can I buy ICICIPRAMC - ICICIFIN shares on Holidays?
No, shares of ICICIPRAMC - ICICIFIN 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 - ICICIFIN 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.