ICICI Prudential Nifty 100 Low Volatility 30 ETF

The ICICI Prudential Nifty 100 Low Volatility 30 ETF, managed by ICICI Prudential Asset Management Company, aims to replicate the performance of the Nifty 100 Low Volatility 30 Index, focusing on low volatility.

This fund employs a tracking strategy with a minimal tracking error of 0.05%, ensuring that returns closely align with its benchmark, the Nifty 100 Low Volatility 30 TRI.

The portfolio exhibits a concentrated approach, with significant allocations in sectors like Fast Moving Consumer Goods (19.4%) and Healthcare (17.7%), reflecting a calculated risk profile.

Performance metrics indicate a 1-year decline of -6.7%, contrasting with a robust 3-year CAGR of 16.9% and a 5-year CAGR of 17.9%, highlighting volatility in shorter periods.

With an AUM of ₹3757.3 Cr and a low expense ratio of 0.41%, the fund remains accessible, managed by experienced professionals, ensuring efficient operational management.