November 17, 2022
mayank
Guidance for NFO of ICICI Prudential Nifty Pharma Index Fund
by Paresh Gordhandas, Research Analyst.
Updated Soon
NFO of ICICI Prudential Nifty Pharma Index Fund
NFO opens on November 25 ,2022
NFO will close on December 09 ,2022
(Our detailed Guidance is given at the bottom of the Page)
Investment Strategy
The Scheme seeks to invest in companies whose securities are included in Nifty Pharma 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 Nifty Pharma Index in the same weightage that they represent in Nifty Pharma Index
Basic Details
| Fund House | ICICI Prudential Mutual Fund |
| Issue Open | 25 November 2022 |
| Issue Close | 09 December 2022 |
| Type | Open-ended |
| Category | Equity: Sectoral-Pharma |
| Min. Investment(Rs) | 1,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | |
| Riskometer | Very High |
| Benchmark | NIFTY Pharma TRI |
About Benchmark Index
NIFTY Pharma Index captures the performance of the pharmaceutical sector. The Index comprises of 20 companies listed on National Stock Exchange of India (NSE).
NIFTY Pharma Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value. NIFTY Pharma 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 Pharma Total Returns Index.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 1.85 | -7.11 | -4.81 | 6.25 | 12.54 |
| Total Return | 1.85 | -6.39 | -4.04 | 6.99 | 13.56 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 17.22 | 21.83 | 20.40 |
| Beta (NIFTY 50) | 0.61 | 0.62 | 0.57 |
| Correlation (NIFTY 50) | 0.64 | 0.55 | 0.62 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 37.11 | 4.52 | 0.99 |
Fund Manager
1) Kayzad Eghlim
Education : Mr. Eghlim is a B.Com (H) and M Com.
Experience : Prior to joining ICICI Prudential AMC he has worked with IDFC Investment Advisors Ltd., Prime Securities and Canara Robeco Mutual Fund.
Past Performance of his Schemes
| Fund | ICICI Prudential Nifty 50 Index Fund | It’s Benchmark | ICICI Prudential Equity Arbitrage Fund | It’s Benchmark |
| 1 Year | 3.18 | 3.61 | 3.65 | 2.30 |
| 3 Year | 16.29 | 17.63 | 3.65 | 2.52 |
| 5 Year | 13.07 | 13.41 | 4.86 | 3.21 |
| 7 Year | 13.53 | 14.56 | 5.24 | 3.56 |
| 10 Year | 13.28 | 14.37 | 6.29 | 4.15 |
2) Nishit Patel
Education : Mr. Patel is a B.Com & Chartered Accountant
Experience : ICICI Prudential Asset Management Company Limited – ETF Business – November 2018 – January 2020.
Past Performance of his Schemes
| Fund | ICICI Prudential Regular Gold Savings Fund (FOF) | It’s Benchmark | ICICI Prudential Nifty 100 ETF | It’s Benchmark |
| 1 Year | 5.54 | 8.31 | 2.58 | 3.61 |
| 3 Year | 9.92 | 11.81 | 16.42 | 17.63 |
| 5 Year | 11.04 | 12.42 | 12.78 | 13.41 |
| 7 Year | 9.41 | 10.93 | 13.85 | 14.56 |
| 10 Year | 3.98 | 5.24 | — | — |
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
*Post your MF questions @ sahifund.com/ask-me/
IPO Details & Guidance @ chanakyanipothi.com