June 6, 2025
mayank
ICICI Prudential Nifty Top 15 Equal Weight Index 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 Nifty Top 15 Equal Weight Index Fund Open Date, Close Date?
NFO opens on June 10, 2025
NFO will close on June 24, 2025
Investment Strategy for this NFO?
The scheme seeks to provide returns before expenses that correspond to the total return of Nifty Top 15 Equal Weight Index, subject to tracking errors.
Basic Details
| Fund House | ICICI Prudential Mutual Fund |
| Issue Open | 10 June 2025 |
| Issue Close | 24 June 2025 |
| Type | Open-ended |
| Category | Equity: Large Cap |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | Nifty Top 15 Equal Weight TRI |
About Benchmark Index for this NFO?
NSE Indices has developed the Nifty Top 15 Equal Weight which aims to track the performance of the top 15 stocks selected based on 6-month average free-float market capitalization from the Nifty 50.
Nifty Top 15 Equal Weight can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty Top 15 Equal Weight Total Returns Index.
Portfolio Characteristics
| Methodology | Equal Weighted |
| No. of Constituents | 15 |
| Launch Date | October 15, 2024 |
| Base Date | March 02, 2006 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of ICICI Prudential Nifty Top 15 Equal Weight Index Fund
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 Top 15 Equal Weight Index Fund @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of Nifty Top 15 Equal Weight TRI
Performance
| Index Returns (%) # |
QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 4.61 | 6.27 | 11.94 | 22.67 | 12.81 |
| Total Return | 5.01 | 6.90 | 13.40 | 24.05 | 14.31 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 14.81 | 15.24 | 22.25 |
| Beta (NIFTY 50) | 0.93 | 1.00 | 1.02 |
| Correlation (NIFTY 50) | 0.97 | 0.96 | 0.98 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 21.39 | 3.95 | 1.42 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Reliance Industries Ltd. | 7.11 |
| Mahindra & Mahindra Ltd. | 7.00 |
| ICICI Bank Ltd. | 6.92 |
| Bharti Airtel Ltd. | 6.90 |
| HDFC Bank Ltd. | 6.87 |
| Axis Bank Ltd. | 6.85 |
| Larsen & Toubro Ltd. | 6.81 |
| State Bank of India | 6.76 |
| Maruti Suzuki India Ltd. | 6.67 |
| Hindustan Unilever Ltd. | 6.65 |
Note on Benchmark Performance:
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[ 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 Nifty 100 ETF | It’s Benchmark |
| 1 Year | 8.84 | 9.23 | 8.29 | 9.94 |
| 3 Year | 18.06 | 18.45 | 15.51 | 16.99 |
| 5 Year | 23.35 | 23.76 | 20.41 | 22.00 |
| 7 Year | 15.00 | 15.34 | 13.64 | 14.71 |
| 10 Year | — | — | 12.79 | 13.68 |
As on 06-06-2025
Past Performance of Nishit Patel
| Fund | ICICI Prudential BSE Midcap Select ETF | It’s Benchmark | ICICI Prudential Nifty 100 Low Volatility 30 ETF | It’s Benchmark |
| 1 Year | 8.65 | 10.87 | 7.10 | 9.94 |
| 3 Year | 22.04 | 26.58 | 16.98 | 16.99 |
| 5 Year | 25.94 | 32.13 | 20.07 | 22.00 |
| 7 Year | 14.77 | 18.93 | 14.23 | 14.71 |
| 10 Year | — | — | — | — |
As on 06-06-2025
Note on Fund Managers’ performance
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[ C ] Our NFO Review
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Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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