ICICI Prudential Nifty 100 ETF

The ICICI Prudential Nifty 100 ETF, managed by ICICI Prudential Asset Management Company Limited, is an open-ended fund aiming to replicate the Nifty 100 Index's returns while minimizing tracking error.

This ETF employs a market cap weighted strategy, tracking the Nifty 100 TRI benchmark with a minimal tracking error of 0.02%, ensuring efficient performance alignment with the index.

The portfolio is predominantly allocated to equities at 99.82%, with significant exposure to sectors like Financial Services (33.85%) and Automobiles (7.86%), reflecting a diversified yet concentrated approach.

Performance metrics indicate a CAGR of 18.3% over five years, despite a 1-year decline of -6.3%, showcasing resilience over longer periods against market fluctuations.

With an AUM of ₹143.23 Cr and an expense ratio of 0.48%, the fund remains accessible through major exchanges, managed by experienced professionals with a combined 17 years of expertise.