ICICI Prudential Nifty Top 15 Equal Weight ETF

The ICICI Prudential Nifty Top 15 Equal Weight ETF, managed by ICICI Prudential Asset Management Company, aims to mirror the Nifty Top 15 Equal Weight Index returns, emphasizing equal weight across its holdings.

This fund employs a replication strategy, tracking the Nifty Top 15 Equal Weight TRI, ensuring minimal tracking error while maintaining an equal-weight approach across its diverse portfolio.

With a fund size of ₹7.77 Cr, the ETF's top holdings include Maruti Suzuki and HDFC Bank, highlighting a concentrated exposure in the financial services and automotive sectors.

Over the past year, the fund has shown a return of 9.6%, reflecting solid performance; however, tracking error data is currently unavailable for deeper analysis.

The expense ratio stands at a competitive 0.35%, enhancing its appeal, while the fund is managed by experienced professionals, ensuring robust oversight and operational efficiency.