The ICICI Prudential Nifty 100 ETF, managed by ICICI Prudential Asset Management Company Limited, is an open-ended fund aimed at closely tracking the Nifty 100 Index, utilizing a passive investment strategy.

The fund's investment strategy focuses on replicating the Nifty 100 TRI benchmark with minimal tracking error, demonstrating a commitment to providing returns that closely align with the index's performance.

Portfolio concentration is notable, with significant allocations in the banking sector, including HDFC Bank (10.71%) and ICICI Bank (7.09%), indicating potential concentration risk within financial services.

Performance metrics reveal a 1Y change of +9.3%, with a 3Y CAGR of 13.4% and a 5Y CAGR of 16.0%, reflecting consistent returns amid market fluctuations and low tracking error of 0.02%.

With an AUM of ₹147.67 Cr and an expense ratio of 0.48%, the fund remains efficient in cost management, supported by experienced managers, enhancing its appeal to investors seeking index exposure.