July 9, 2022
mayank
ICICI Prudential NASDAQ 100 Index Fund Guidance
NAV Growth : Rs 8.3280
NAV IDCW : Rs 8.3274
Suitable For Which Investors ?
This is a fund that invests mainly in shares of foreign companies. When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
International equity funds are suitable to invest a part of your money in for diversification, so that if the Indian markets are going through a sharp correction, a portion of your money is insulated. But make sure you invest in a fund that has a broad mandate of investing in companies of different sizes, sectors and countries.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy :
The scheme seeks to invest in companies whose securities are included in NASDAQ-100 Index and subject to tracking errors, to endeavor to achieve the returns of the above index.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 500 |
| Min. SIP Investment (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | — |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | 0 |
Basic Details
| Fund House: | ICICI Prudential Mutual Fund |
| Launch Date: | 18-Oct-21 |
| Return Since Launch: | -16.72% |
| Benchmark: | Nasdaq 100 TRI |
| Riskometer: | Very High |
| Type: | Open-ended |
| Assets: | Rs 264 Cr |
| (As on 31-May-2022) | |
| Expense: | 0.50% |
| (As on 31-May-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | 11.00% |
ICICI Prudential NASDAQ 100 Index Fund Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| ICICI Pru NASDAQ 100 Index Fund Direct-G | -20.98 | 1.76 | 5.37 | -3.15 | -13.08 | -17.29 | — | — | — | — | — |
| S&P BSE 500 TRI* | -6.76 | 0.45 | 3.26 | -0.25 | -9.28 | -8.91 | — | — | — | — | — |
ICICI Prudential NASDAQ 100 Index Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| ICICI Prudential NASDAQ 100 Index Fund | Unrated | Oct-21 | — | — | — | 0.50% | 264 |
| Motilal Oswal Nasdaq 100 FOF | Unrated | Nov-18 | -13.87 | 20.56 | — | 0.10% | 3,601 |
| Franklin India Feeder Franklin US Opportunities Fund | Unrated | Jan-13 | -24.69 | 11.63 | 15.23 | 0.50% | 2,888 |
| Motilal Oswal S&P 500 Index Fund | Unrated | Apr-20 | -4.81 | — | — | 0.52% | 2,567 |
| ICICI Prudential US Bluechip Equity Fund | Unrated | Jan-13 | -7.48 | 16.41 | 15.83 | 1.08% | 1,976 |
Portfolio Analysis
| Number of Stocks | 98 |
| Top 10 Stocks (%) | — |
| Top 5 Stocks (%) | — |
| Top 3 Sectors (%) | 66.24 |
| Portfolio P/B Ratio | 6.51 |
| Portfolio P/E Ratio | 24.63 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 25,60,666 | 15,77,299 |
| Giant (%) | 99.42 | 83.5 |
| Large (%) | 0.58 | 14.13 |
| Mid (%) | — | 7.67 |
| Small (%) | — | 28.42 |
| Tiny (%) | — | — |
ICICI Prudential NASDAQ 100 Index Fund Guidance by Chanakya :
Do not invest in this, or any other international equity fund, if you need to redeem your investment in less than five years.
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