ICICI Prudential Nifty FMCG ETF (G)

ICICI Prudential Nifty FMCG ETF (G) is an Exchange Traded Fund which is benchmarked to Nifty FMCG TR INR. ICICI Prudential Nifty FMCG ETF (G) is managed by the ICICI Prudential Asset Management Company Limited with the fund managers being Ajaykumar Solanki, Nishit Patel, Priya Sridhar. The ICICI Prudential Nifty FMCG ETF (G) was launched on Aug 05, 2021 with no lock-in period. Since its inception, the fund has delivered 16.8% as a return on investment. The fund has delivered a 1-year return of 16%, a 3-year return of null%, and a 5-year return of null%.

As on 24 Apr, 2024 the NAV of the fund is Rs 559.84 and the AUM is Rs 131.69 crores. The fund charges an expense ratio of 0.2% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.

Since the scheme is benchmarked to Nifty FMCG TR INR, the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The ICICI Prudential Nifty FMCG ETF (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.

Scripbox provides a unique feature through which you can compare the performance of ICICI Prudential Nifty FMCG ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.