ICICI Prudential Nifty IT ETF (G)

ICICI Prudential Nifty IT ETF (G) is an Exchange Traded Fund which is benchmarked to . ICICI Prudential Nifty IT ETF (G) is managed by the ICICI Prudential Mutual Fund with the fund managers being Ajay Kumar Solanki, Kayzad Eghlim, Nishit Patel, Priya Sridhar. The ICICI Prudential Nifty IT ETF (G) was launched on 2020-08-17 with no lock-in period. Since its inception, the fund has delivered 23.409% as a return on investment.The fund has delivered a 1-year return of 19.762%, a 3-year return of 5.309%.

As on 14 Jan, 2025 the NAV of the fund is Rs 46.20 and the AUM is Rs 506.49 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 , 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 IT 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 IT ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.