The current market price of ICICI Prudential Nifty EV & New Age Automotive ETF is ₹30.25. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The ICICI Prudential Nifty EV & New Age Automotive ETF, managed by ICICI Prudential Asset Management Company Limited, seeks to mirror the performance of the Nifty EV & New Age Automotive Index, focusing on thematic investments. This ETF employs a tracking strategy aimed at closely replicating the returns of its benchmark, the Nifty EV & New Age Automotive TRI, while maintaining an acceptable tracking error. The fund's portfolio is heavily concentrated in the automobile sector, with the top three holdings—Tata Motors Ltd., Maruti Suzuki India Ltd., and Mahindra & Mahindra Ltd.—accounting for over 24% of total assets. Over the past year, the ETF has delivered a robust performance, achieving a return of approximately 12.6%, showcasing its effectiveness in capturing the growth of the electric vehicle sector. With a fund size of ₹26.27 Cr and an expense ratio of 0.44%, the ETF offers a cost-effective investment option, managed by experienced professionals Nishit Patel and Ashwini Bharucha.

ICICI Prudential Nifty EV & New Age Automotive ETF is designed to track Nifty EV & New Age Automotive TRI, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of ICICI Prudential Nifty EV & New Age Automotive ETF is 0.44%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of ICICI Prudential Nifty EV & New Age Automotive ETF is approximately ₹43.10. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

ICICI Prudential Nifty EV & New Age Automotive ETF is classified under the Very High risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of ICICI Prudential Nifty EV & New Age Automotive ETF is depends on how closely the ETF follows its benchmark. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

ICICI Prudential Nifty EV & New Age Automotive ETF has a dividend yield of 0.90%. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, ICICI Prudential Nifty EV & New Age Automotive ETF has delivered the following returns: 1-year return: 17.39%. 3-year return: 17.39%. 5-year return: 17.39%. Past performance does not guarantee future results.

Before investing in ICICI Prudential Nifty EV & New Age Automotive ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.