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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
ISIN INF109KB1WY5
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.

Disclaimer by the National Stock Exchange of India Limited: It is to be distinctly understood that the permission given by National Stock Exchange of India Limited (NSE) should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the ‘Disclaimer Clause of NSE’.


Disclaimer by the BSE Limited: It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the SID has been cleared or approved by BSE Limited nor does it certify the correctness or completeness of any of the contents of the SID. The investors are advised to refer to the SID for the full text of the Disclaimer Clause of the BSE Limited.


Mutual Fund investments are subject to market risks, read all scheme related documents carefully.