February 28, 2025
mayank
ICICI Prudential BSE Liquid Rate ETF-Growth Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the ICICI Prudential BSE Liquid Rate ETF-Growth Open Date, Close Date?
NFO opens on March 05, 2025
NFO will close on March 10, 2025
Investment Strategy for this NFO?
The scheme seeks to provide returns before expenses that correspond to the returns of BSE Liquid Rate Index, subject to tracking errors.
Basic Details
| Fund House | ICICI Prudential Mutual Fund |
| Issue Open | 05 March 2025 |
| Issue Close | 10 March 2025 |
| Type | Open-ended |
| Category | Debt: Liquid |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Low |
| Benchmark | BSE Liquid Rate Index |
About Benchmark Index for this NFO?
BSE Liquid Rate Index is designed to measure the returns from a daily rolling deposit at the Tri-Party Repo (TREP) rate.
Methodology:
1. The index represents the returns from a daily rolling deposit at the Tri-Party Repo (TREP) rate.
2. The index is calculated using the TREP rate for transactions maturing on the following business day and with settlement type T +O.
For complete details please view the Methodology document at
https://www.asiaindex.co.in/Downloads/BSE_Fixed_Income_Indices_Methodology.pdf
Quick Facts
| Launch Date | 26th July 2016 |
| First Vlaue Date | 31st December 2015 |
| Base Value | 1000 |
| Number of Constituents | – |
| Reconstitution Frequecy | N/A |
| Weighting Method | Market value weighted |
| Index Universe | TREP rate provided CCIL. |
| Calculation Currencies | INR |
Fund Managers of ICICI Prudential BSE Liquid Rate ETF-Growth
1) Darshil Dedhia
Education: Mr. Dedhia has done CA and CFA.
Experience: He has been working with ICICI Prudential Mutual Fund since 2013.
2) Nikhil Kabra
Education: Mr. Kabra is a B.Com and Chartered Accountant.
Experience: Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.
AMC
ICICI Prudential Asset Management Company Ltd
Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai – 400051
Website: http://www.icicipruamc.com
Registrar & Transfer Agent
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Review for ICICI Prudential BSE Liquid Rate ETF – Growth @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of BSE Liquid Rate Index
Performance
| INDEX LEVEL | RETURNS | ANNUALIZED RETURNS | ||||||
| 1 Month | 3 Month | YTD* | 1 Year | 3 Years | 5 Years | 10 Years | ||
| TOTAL RETURNS | 1626.23 | 0.59% | 1.64% | 0.59% | 6.78% | 6.20% | 5.03% | — |
Risk
| Index Level | ANNUALIZED RISK | Annualised Risk – Adjusted Returns | ||||||
| 1 Year | 3 Years | 5 Years | 10 years | 1 Year | 3 Years | 5 Years | 10 Years | |
| Total Returns | 0.13% | 0.13% | 0.13% | — | 52.15 | 47.23 | 38.69 | — |
| Price Returns | — | — | — | — | — | — | — | — |
Fundamentals
| PE | PB | DIV. YIELD% |
| — | — | — |
| NUMBER OF CONSTITUENTS | – |
| CONSTITUENT MARKET CAP [INR CRORE] | |
| MEAN TOTAL MARKET CAP | — |
| LARGEST TOTAL MARKET CAP | — |
| SMALLEST TOTAL MARKET CAP | — |
| MEDIAN TOTAL MARKET CAP | — |
| WEIGHT LARGEST CONSTITUENT [%] | — |
| WEIGHT TOP 10 CONSTITUENTS [%] | — |
Study about Benchmark Index in details
Factsheet_BSELiquidRateIndex_Jan2025
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Darshil Dedhia
| Fund | ICICI Prudential Floating Interest Fund | It’s Benchmark | ICICI Prudential Liquid Fund | It’s Benchmark |
| 1 Year | 8.09 | 4.82 | 7.31 | 4.82 |
| 3 Year | 7.11 | 4.06 | 6.55 | 4.06 |
| 5 Year | 6.54 | 3.42 | 5.37 | 3.42 |
| 7 Year | 6.91 | 3.64 | 5.79 | 3.64 |
| 10 Year | 7.16 | 3.93 | 6.28 | 3.93 |
As on 28-2-2025
Past Performance of Nikhil Kabra
| Fund | ICICI Prudential Money Market Fund | It’s Benchmark | ICICI Prudential Short Term Fund | It’s Benchmark |
| 1 Year | 7.64 | 4.82 | 7.71 | 4.82 |
| 3 Year | 6.78 | 4.06 | 6.90 | 4.06 |
| 5 Year | 5.98 | 3.42 | 6.66 | 3.42 |
| 7 Year | 6.47 | 3.64 | 7.19 | 3.64 |
| 10 Year | 6.76 | 3.93 | 7.42 | 3.93 |
As on 28-2-2025
Note on Fund Managers’ performance
[ C ] Conclusion
X
Is it good to invest in ICICI Prudential BSE Liquid Rate ETF-Growth NFO?
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