EXCHANGE TRADED FUND
Sensex iWIN ETF - Exchange Traded Funds - ICICI Prudential

ICICI Prudential Sensex iWIN ETF

There are two approaches to reaching your goal: exploring and testing new ground or sticking to the established, long trodden path. The former employs actively investigating and assessing your every move while the later stays within the boundaries of the established.


In the same way, there are two approaches to managing an investor's portfolio. One is active management, which involves choosing sectors and stocks that represent the views of the fund managers, as best suited to meet the portfolio objectives. The other is passive management, which simply means, buying into a market index.


ICICI Prudential ​Sensex iWIN Fund, an open-ended exchange listed index linked growth scheme offers a passive choice to investors, who prefer that their portfolio closely maps the market index, the BSE SENSEX. It is an ETF (Exchange traded fund), which means investors can buy and sell at any time during the market hours, through their brokers, just like any other equity share thereby offering a greater degree of flexibility for monitoring price and reducing the time gap between investment decision and trade execution.

Investment Philosophy

This fund seeks to replicate the BSE SENSEX, by buying the same 30 stocks in the same proportion as they are in the index, hence the fund managers do not take any sector or stock exposure that is different from what is seen on the chosen index. The fund is therefore not actively managed, but passively replicates the index as the objective is to closely track the index.

Investor Profile

This fund is ideal for -

  • Investors with a passive investment philosophy and do not expect out-performance of an index, but simple tracking of the same.

Key Benefits

  • It enables investors to seek an exposure to the index stocks, in the same proportion as they are found in the index.
  • Investors who would like to buy a fund in the stock market during trading hours, rather than at NAV at the end of the day.

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • An Exchange Traded Fund that aims to provide returns that closely correspond to the returns of the securities represented by S&P BSE SENSEX, subject to tracking error.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


Key Features

Type

Open-ended Index Exchange Traded Fund

Underlying

S&P BSE Sensex Index

ISIN

INF346A01034

NSE Symbol & BSE Scrip ID

SENSEXIWIN

BSE Scrip Code

555555

Pricing

Aprox. 1/100th of underlying Index

Application size - Directly with AMC

10,000 units & in mutiple thereof

Application size through NSE & BSE

1 Unit & in multiple thereof

Entry Load

NIL

Exit Load

NIL

Authorized Participant

1. Edelweiss Securities Limited, Edelweiss House, Off C.S.T. Road, Kalina, Mumbai – 400098
2. Nirpan Securities Private Limited, Plot 60B, East West Road No 2, JVPD Scheme, Vile Parle (East), Mumbai - 400049



Fund Manager

Kayzad Eghlim - 20 Years as Equity Dealer & Fund Management.

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