The ICICI Prudential NV20 ETF, managed by ICICI Prudential Asset Management Company Limited, aims to replicate the performance of the Nifty200 Value 30 Index, embodying a value investment style.

This ETF employs a tracking strategy designed to closely align with the Nifty200 Value 30 TRI, ensuring minimal tracking error while providing exposure to value-oriented equity investments.

The portfolio is concentrated in key sectors such as Financial Services (36.2%) and Oil, Gas & Consumable Fuels (29.2%), with top holdings including Hindalco Industries Ltd. and State Bank Of India, presenting potential concentration risks.

Performance metrics reveal a 1-year decline of -3.6%, yet a robust 3-year CAGR of 13.4% and 5-year CAGR of 17.8%, indicating strong long-term growth despite recent volatility.

With a fund size of ₹14.4 Cr and an expense ratio of 0.3%, the ETF is positioned for cost-efficient access, managed by experienced professionals Nishit Patel and Ashwini Bharucha.