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Invest in Nifty Low Vol 30 ETF by ICICI Prudential Mutual Fund

ICICI Prudential Nifty Low Vol 30 ETF

A Smart Beta ETF aiming for reasonable returns with limited risk of market volatility.

What is a Smart Beta ETF?
A Smart Beta ETF uses both passive and active investment strategies. It passively follows a smart index, which considers smart factors such as valuation and volatility instead of the conventional factor of free-float market capitalisation. This can help investors gain reasonable returns and limit risk.

Schemes - ICICI Prudential Nifty Low Vol 30 ETF

  • Real Time NAV

  • Closing NAV

     

Investment Philosophy

  • The scheme is a Smart Beta ETF that aims to offer reasonable returns at limited risk of market volatility.
  • This scheme aims to replicate the Nifty100 Low Volatility 30 Index by buying the same stocks in the same proportion as they are in the index.

Key Features

  • The scheme tracks the Nifty100 Low Volatility 30 Index that comprises 30 of the least volatile stocks in the NIFTY 100 Index.
  • Volatility is determined by the standard deviation of the stock’s returns over a one year period.
  • The stock constituents are weighted according to their volatility, with the least volatile stocks receiving the highest weights.

Key Benefits

  • Reasonable Returns at Lower Risk: By tracking the least volatile stocks in the Nifty 100 Index, the scheme aims to offer wealth creation opportunities at a lower level of risk.
  • 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 actively managed schemes.
  • Diversification:Investing in the scheme can help you diversify your portfolio across stocks and sectors with potential to perform well over the long term.

Who should invest?

  • Investors looking to invest in equity and aiming to limit the impact of market volatility on their investment.
  • Investors aiming for liquidity or the capability to convert their investment into cash easily.
  • Investors seeking to create wealth over the long term.
Scheme Features
Type An open ended exchange traded fund tracking Nifty 100 Low Volatility 30 Index
Underlying Nifty 100 Low Volatility 30 Index
ISIN INF109KB10T8
NSE Symbol & BSE Scrip ID ICICILOVOL
BSE Scrip Code 540612/LOWVOL
Pricing Approx. 1/100th of underlying Index
Application size - Directly with AMC 30,000 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

Fund Manager

Kayzad Eghlim - Managing this fund since July 2017 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 100 Low Volatility 30 Index, subject to tracking error.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.