September 26, 2024
mayank
ICICI Prudential Nifty200 Value 30 Index Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the ICICI Prudential Nifty200 Value 30 Index Fund Open Date, Close Date?
NFO opens on September 30, 2024
NFO will close on October 14, 2024
What is the Investment Strategy?
The scheme seeks to invest in companies whose securities are included in Nifty200 Value 30 Index and subject to tracking errors, to endeavor to achieve the returns of the above index. This would be done by investing in all the stocks comprising the Nifty200 Value 30 Index in the same weightage that they represent in Nifty200 Value 30 Index.
Basic Details
| Fund House | ICICI Prudential Mutual Fund |
| Issue Open | 30 September 2024 |
| Issue Close | 14 October 2024 |
| Type | Open-ended |
| Category | Equity: Value Oriented |
| Min. Investment(Rs) | 100 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | Nifty200 Value 30 TRI |
What is the Benchmark Index of ICICI Prudential Nifty200 Value 30 Index Fund?
Nifty200 Value 30 aims to track the performance of 30 companies from its parent Nifty 200 index, selected based on their ‘Value’ scores. The value score of each company is determined based on Earnings to Price ratio (E/P), Book Value to Price ratio (B/P), Sales to Price ratio (S/P) and Dividend Yield. Stock weight is based on the combination of the stock’s value score and its free-float market capitalization.
Nifty200 Value 30 Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty200 Value 30 Total Returns Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 5.81 | 38.71 | 87.90 | 33.38 | 14.64 |
| Total Return | 6.28 | 40.09 | 90.46 | 36.54 | 17.85 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 25.76 | 24.56 | 26.67 |
| Beta (NIFTY 50) | 1.56 | 1.01 | 1.02 |
| Correlation (NIFTY 50) | 0.80 | 0.79 | 0.82 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 12.71 | 1.99 | 2.82 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Oil & Natural Gas Corporation Ltd. | 5.72 |
| Grasim Industries Ltd. | 5.33 |
| NTPC Ltd. | 5.30 |
| Bharat Petroleum Corporation Ltd. | 5.21 |
| Power Finance Corporation Ltd. | 5.10 |
| Indian Oil Corporation Ltd. | 4.98 |
| Power Grid Corporation of India Ltd. | 4.97 |
| Coal India Ltd. | 4.88 |
| Vedanta Ltd. | 4.76 |
| Hindalco Industries Ltd. | 4.65 |
Performance Review of the Fund Managers of ICICI Prudential Nifty200 Value 30 Index Fund?
1) 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.
Past Performance of his Schemes
| Fund | BHARAT 22 ETF | It’s Benchmark | ICICI Prudential Nifty 100 Low Volatility 30 ETF | It’s Benchmark |
| 1 Year | 60.63 | 38.06 | 43.64 | 38.06 |
| 3 Year | 39.42 | 16.46 | 17.23 | 16.46 |
| 5 Year | 28.04 | 20.42 | 20.93 | 20.42 |
| 7 Year | — | — | 17.26 | 16.62 |
| 10 Year | — |
— |
— | — |
As on 26-09-2024
2) Priya Sridhar
Education: Ms. Sridhar has done B.Com and M.F.M
Experience: Prior to joining ICICI Prudential Mutual Fund, she has worked with ITI Mutual Fund and LIC Housing Finance Ltd
Past Performance of his Schemes
| Fund | ICICI Prudential BSE Sensex ETF | It’s Benchmark | ICICI Prudential Nifty 100 ETF | It’s Benchmark |
| 1 Year | 30.55 | 38.06 | 38.76 | 38.06 |
| 3 Year | 13.74 | 16.46 | 15.06 | 16.46 |
| 5 Year | 18.48 | 20.42 | 19.20 | 20.42 |
| 7 Year | 16.46 | 16.62 | 15.73 | 16.62 |
| 10 Year | 13.67 | 14.69 | 14.02 | 14.69 |
As on 26-09-2024
Which Company Owns ICICI Prudential Nifty200 Value 30 Index Fund?
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
Is it good to invest in ICICI Prudential Nifty200 Value 30 Index NFO?
Guidance for ICICI Prudential Nifty200 Value 30 Index Fund by Paresh Gordhandas, C.A., Research Analyst.
The ICICI Prudential Nifty200 Value 30 Index is based on the Nifty200 Value 30 benchmark index. Nifty200 Value 30 aims to track the performance of 30 companies from its parent Nifty 200 index, selected based on their ‘Value’ scores. The value score of each company is determined based on Earnings to Price ratio (E/P), Book Value to Price ratio (B/P), Sales to Price ratio (S/P) and Dividend Yield.
The scheme will allocate 95-100% in equity and equity related securities of companies constituting the underlying index (Nifty200 Value 30 Index) and 0-5% in money market instruments including TREPs and units of debt schemes.
This is a passive fund based on the value investing model. Of the two Fund Managers, a sample study of their past performance reveals that Mr. Patel has given better returns to investors when compared to the benchmark. However, since this is a passive fund, stock picking does not come into play.
This fund is for a sophisticated investor, who is able to understand complex market and financial terminology or who has a Wealth Manager investing on his/her behalf.
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks