ICICI Prudential Nifty IT Index Fund Regular Growth
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- Rating N.A.
- Plan
- 5D
- 1M
- 6M
- 1Y
- 5Y
- MAX
Key Metrics
- AUM (in Cr)350.86
- CAGR 29.14%
- Exit Load0.00%
- Expense ratio0.89%
- CategoryIndex Funds
- Min Investment1000
- Min SIP1000
- Launch Date2022-08-18
Asset Allocation
Holdings As On - 10 July 2024
- Name
- Value (Cr)
- Holding %
- Infosys
- 94.73
- 27.00%
- Tata Consultancy Services
- 88.62
- 25.26%
- Tech Mahindra
- 36.93
- 10.53%
- HCL Technologies
- 33.40
- 9.52%
- Wipro
- 29.28
- 8.34%
- LTI Mindtree
- 20.44
- 5.83%
- Persistent Systems
- 16.67
- 4.75%
- Coforge
- 14.41
- 4.10%
- Mphasis
- 8.99
- 2.56%
- L&T Technology Services
- 5.85
- 1.67%
Peer Comparison
- Fund Name
- Tata S&P BSE Sensex Index Fund Regular Plan23.27%
- Nippon India Nifty Alpha Low Volatility 30 Index Fund Regular Growth48.57%
- Edelweiss Nifty Midcap150 Momentum 50 Index Fund Regular Growth77.4%
- ICICI Prudential Nifty IT Index Fund Regular Growth29.14%
- Tata Nifty Midcap 150 Momentum 50 Index Fund Regular Growth75.55%
Risk & Volitility
- Alpha 0.00%
- Beta 0.00
- Sharpe Ratio0.00
- Std Deviation 0.00%
- Tracking Error 0.00%
About Fund
The objective of the Scheme is to invest in companies whose securities are included in Nifty IT 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 IT Index in the same weightage that they represent in Nifty IT Index. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.
The ICICI Prudential Nifty IT Index Fund Regular Growth has an AUM of 350.86 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.89%. The minimum investment in ICICI Prudential Nifty IT Index Fund Regular Growth is Rs 1000 and the minimum SIP is Rs 1000.
As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.
The top holdings of the fund include Infosys, Tata Consultancy Services, Tech Mahindra & HCL Technologies.
The major sectors where the fund is invested are Software & Programming, Computer Services & Construction Services.
Some of the similar funds are Tata S&P BSE Sensex Index Fund Regular Plan, Nippon India Nifty Alpha Low Volatility 30 Index Fund Regular Growth, Edelweiss Nifty Midcap150 Momentum 50 Index Fund Regular Growth, ICICI Prudential Nifty IT Index Fund Regular Growth, Tata Nifty Midcap 150 Momentum 50 Index Fund Regular Growth. ICICI Prudential Nifty IT Index Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.
