myplexus

NFO Monitor

Fund Fact

Name of Funds:

ICICI Prudential Nifty50 Value 20 Index

Opening:

15th January 2024

Closing:

29th January 2024

Minimum Investment:

Rs. 100/- (plus in multiple of Re. 1)

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Not Applicable

Exit Load:

Nil

Fund Stats

Objective:

The objective of the Scheme is to invest in companies whose securities are included in Nifty50 Value 20 Index in the same weightage that they represent in Nifty50 Value 20 Index in order to achieve the returns of the above index, subject to tracking errors.

Benchmark:

NIFTY 50

Fund Manager:

Nishit Patel, Priya Shridhar, Kewal Shah

Asset Allocation

95-100% Equity upto 5% Money Market

upto 5% Debt Nil Others

Comparable existing schemes

Nippon India Nifty 50 Value 20 Index Fund	18.73(6M)	27.01(1Y)
DSP Nifty 50 Equal Weight Index Fund	15.79(6M)	30.08(1Y)

Fund Prognosis

Idea Distiller

Although there are a few options, this segment is attracting a lot of interest.

Fund House AAUM:
Rs 64129652.92 Lakhs(as on 31st December 2023)
Fund Manager:
Combined experience of above 10 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

I have a lot of hope for this scheme for long term investors. And definitely lower risk.

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