ICICIPRAMC - ICICIQTY30 ETF

About ICICI Prudential Nifty 200 Quality 30 ETF.

• ICICI Prudential Nifty 200 Quality 30 ETF is an open-ended value-oriented equity scheme that belongs to ICICI Prudential Mutual Fund House.
• It includes stock of companies that exhibit strong fundamentals and characteristics, making them reliable investments over the long term.
• Nishit Patel, Kewal Shah and Priya Sridhar are the fund managers of this ETF.
• ICICI Prudential Nifty 200 Quality 30 was launched on August 7, 2023.
• The assets under management (AUM) stood at ₹55.15 crore as of June 30, 2024.
• ICICI Prudential Nifty 200 Quality 30 is traded on both stock exchanges, allowing investors to trade at market price during each session.
• Retail investors can buy or sell the ETF units directly through a demat account with a registered broker.

Investment Objective & Benchmark

• The fund's investment objective is to provide returns corresponding to the performance of stocks in the underlying index. It is benchmarked against Nifty 200 TRI.
• The objective of the ETF is to provide exposure to the value factor, with the index consisting of the 30 most momentum and large-cap companies listed on the NSE.
• These stocks are considered stable and less volatile.
• The ETF invests in companies with strong fundamentals and capable of delivering stable returns in the long run.
• The fund is suitable for investors with a time horizon of 3 years and above.
• This ETF is a passively managed investment, which aims to track the index performance, not try to beat the market.

Asset Allocation & Portfolio Composition

• The fund's asset allocation comprises around 99.83% equities and 0.17% in cash & cash equivalents.
• The ETF invests 51.99% of the available funds in giant-cap, 37.37% in large-cap and 10.64% in mid-cap companies.
• The top 10 company holdings make up over 48% of the ETF’s asset allocation.

Top 10 Holdings in stocks of ICICI Prudential Nifty 200 Quality 30 ETF include:

• TCS Ltd: 5.04%
• HUL Ltd: 5.04%
• Infosys: 5.03%
• Nestle India: 5.03%
• Coal India: 5%
• HCL Tech. Ltd: 4.99%
• ITC: 4.97%
• Asian Paints Ltd: 4.90%
• Britannia India: 4.40%
• Bharat Electronics: 4.20%

Sector-wise allocation in this fund;

• Information technology: 26.25%
• Diversified FMGC: 10.01%
• Food Products: 9.42%
• Consumer Durables: 8.72%
• Aerospace & Defense: 7.93%

Since its inception, this ETF has given returns of 37.43%.