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Invest in NV20 Exchange Traded Fund (ETF) by ICICI Prudential Mutual Fund

ICICI Prudential NV20 ETF

A scheme that aims to invest in the top 20 most liquid value bluechip stocks

Schemes - ICICI Prudential NV20 ETF

  • Real Time NAV

  • Closing NAV


Investment Philosophy

  • The scheme closely maps the Nifty50 Value 20 Index by buying the same stocks in the same proportion as they are in the index.

Key Features

  • The scheme tracks the Nifty50 Value 20 Index, which is a “smart” index that comprises 20 of the most liquid value bluechip stocks listed on the National Stock Exchange.
  • The index selects stocks from the Nifty 50 index based on their weightage, return on capital employed (ROCE), price-to-earnings (PE) ratio, price-to-book value (PB) ratio and dividend yield.Stocks with relatively lower PE and PB offering higher dividend yield and ROCE are selected.
  • The Index offers exposure to major sectors of the economy.

Key Benefits

  • Value Investment Style: The index selects stocks that are available at relatively lower valuations. In this way, you could end up buying stocks that are available at a price that is lower than their intrinsic value and could appreciate over the long term.
  • Low Cost: You can buy even one unit of the scheme at the prevailing market price on the exchange.
  • Low Fee: The scheme charges lower expense ratios as compared with an actively managed scheme.
  • Diversification: Investing in the scheme can help you diversify your portfolio across stocks and sectors present in the Nifty50 Value 20 Index.

Who should invest?

  • Investors looking to invest using the value investment style while limiting the impact of risk on their investment.
  • Investors looking to invest in stocks of Nifty50 Value 20 Index in a cost-effective and tax-efficient manner.
  • Investors aiming for liquidity or the capability to convert their investment into cash easily.
  • Investors seeking long-term capital appreciation.
Scheme Features
Type An open ended exchange traded fund tracking Nifty50 Value 20 Index.
Underlying Nifty50 Value 20 Index
NSE Symbol & BSE Scrip ID ICICINV20
BSE Scrip Code 539945/NV20
Pricing Approx. 1/100th of underlying Index
Application size - Directly with AMC 25,000 units & in multiple thereof
Application size through NSE & BSE 1 unit & in multiple thereof
Entry Load Not Applicable
Exit Load NIL
Authorized Participant
    1. Edelweiss Securities Limited, Edelweiss House, Off C.S.T. Road, Kalina, Mumbai – 400098
    2. NIRSHILP COMMODITIES & TRADING PVT LTD, Plot 60B, East West Road No 2, JVPD Scheme, Vile Parle (East), Mumbai - 400049
    3.Parwati Capital Market Private Limited, 8 LYONS Range 1st floor Kolkata, West Bengal - 700001
    4. Kotak Securities Limited, 27 BKC, G Block, Bandra Kurla Complex, Bandra (E ), Mumbai - 400051
    5. JIGAR COMMODITIES & DERIVATIVES PVT LTD, Office No 141, Centre Point, Somnath, Daman Diu, Pincode- 396210.

Fund Manager

Kayzad Eghlim - Managing this fund since June 2016 and overall 26 years of experience

This Product is suitable for investors who are seeking*:

  • Long term wealth creation solution
  • An Exchange Traded Fund that aims to provide returns that closely correspond to the returns provided by Nifty 50 Value 20 Index, Subject to tracking error.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.