The ICICI Prudential Nifty 200 Quality 30 ETF, managed by ICICI Prudential Asset Management Company, aims to replicate the returns of the NIFTY200 Quality 30 Index, emphasizing quality investments.

This open-ended ETF employs a tracking strategy with a minimal tracking error of 0.05%, aligning closely with its benchmark, the NIFTY200 Quality 30 TRI, ensuring effective replication of index performance.

The fund's portfolio primarily comprises equity shares, with 99.86% allocation, showcasing significant investments in sectors like Fast Moving Consumer Goods and Information Technology, highlighting potential concentration risks.

Over the past year, the fund has experienced a decline of 12.5%, reflecting market volatility, while performance metrics remain under evaluation for longer periods, indicating a need for cautious assessment.

With a fund size of ₹173.7 Cr and an expense ratio of 0.3%, the ETF offers cost-effective access to quality stocks, managed by experienced professionals since August 2023 and November 2024.