March 20, 2025
mayank
ICICI Prudential Nifty EV & New Age Automotive ETF FoF 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 Nifty EV & New Age Automotive ETF FoF Open Date, Close Date?
NFO opens on March 28, 2025
NFO will close on April 10, 2025
Investment Strategy for this NFO?
The scheme seeks to generate returns by investing in units of ICICI Prudential Nifty EV & New Age Automotive ETF.
Basic Details
| Fund House | ICICI Prudential Mutual Fund |
| Issue Open | 28 March 2025 |
| Issue Close | 10 April 2025 |
| Type | Open-ended |
| Category | Equity: Thematic |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | Nifty EV and New Age Automotive TRI |
About Benchmark Index for this NFO?
The Nifty EV & New Age Automotive Index aims to track the performance of the companies which are active in electric vehicles or new age automotive vehicles (such as hybrid vehicles, hydrogen fuel based vehicles and green hybrid vehicles) segment. This particularly includes manufacturers of electric vehicles, new age automotive vehicles, electric batteries; electric vehicles or electric battery component producers, companies produce or supply raw materials that are relevant to the electric vehicle and autonomous vehicle technology segment, companies that build autonomous vehicles, and suppliers of autonomous vehicle technologies.
Nifty EV & New Age Automotive Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty EV & New Age Automotive Total Returns Index.
Portfolio Characteristics
| Methodology | Periodic Capped Free Float |
| No. of Constituents | 33 |
| Launch Date | May 30, 2024 |
| Base Date | April 02, 2018 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of ICICI Prudential Nifty EV & New Age Automotive ETF FoF
1) Ashwini Shinde
Education: B.Com , M.Com , Inter CA
Experience: Prior to Joining the ICICI Pru Mutual Fund he has worked with ICICI Pru AMC Treasury Mutual Fund Operations,
2) Nishit Patel
Education: Mr. Patel is a B.Com & Chartered Accountant
Experience: Prior to joining ICICI Prudential Mutual fund, he has worked with K.K.Dand & Co.
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 Nifty EV & New Age Automotive ETF FoF @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of Nifty EV and New Age Automotive TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -14.09 | -14.09 | -2.74 | 29.08 | 14.51 |
| Total Return | -14.07 | -14.07 | -2.15 | 30.15 | 15.57 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 18.06 | 20.38 | 19.66 |
| Beta (NIFTY 50) | 1.04 | 0.89 | 0.92 |
| Correlation (NIFTY 50) | 0.81 | 0.83 | 0.82 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 26.83 | 4.47 | 0.87 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Maruti Suzuki India Ltd. | 10.16 |
| Bajaj Auto Ltd. | 8.25 |
| Mahindra & Mahindra Ltd. | 8.05 |
| Tata Motors Ltd | 7.76 |
| Reliance Industries Ltd. | 4.57 |
| L&T Technology Services Ltd. | 4.50 |
| Sona BLW Precision Forgings Ltd. | 3.85 |
| KPIT Technologies Ltd. | 3.82 |
| Tata Elxsi Ltd. | 3.63 |
| Bosch Ltd. | 3.60 |
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Ashwini Shinde
| Fund | ICICI Prudential BSE 500 ETF | It’s Benchmark | ICICI Prudential BSE Midcap Select ETF | It’s Benchmark |
| 1 Year | 6.71 | 7.08 | 11.08 | 6.59 |
| 3 Year | 13.00 | 13.37 | 16.16 | 12.92 |
| 5 Year | 26.04 | 26.49 | 27.60 | 25.56 |
| 7 Year | — | — | 12.46 | 14.13 |
| 10 Year | — | — | — | — |
As on 20-03-2025
Past Performance of Nishit Patel
| Fund | ICICI Prudential BSE Sensex ETF | It’s Benchmark | ICICI Prudential Nifty 100 ETF | It’s Benchmark |
| 1 Year | 5.98 | 7.35 | 6.01 | 7.35 |
| 3 Year | 10.58 | 12.49 | 10.91 | 12.49 |
| 5 Year | 23.04 | 25.07 | 23.58 | 25.07 |
| 7 Year | 13.82 | 14.05 | 13.06 | 14.05 |
| 10 Year | 11.53 | 12.07 | 11.30 | 12.07 |
As on 20-03-2024
Note on Fund Managers’ performance
[ C ] Conclusion
X
Is it good to invest in ICICI Prudential Nifty EV & New Age Automotive ETF FoF NFO?
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