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Invest in Nifty IWIN Exchange Traded Fund (ETF) by ICICI Prudential Mutual Fund

ICICI Prudential Nifty iWIN ETF

Aim to invest in some of India’s biggest corporates.

Schemes - ICICI Prudential Nifty iWIN ETF

  • Real Time NAV

  • Closing NAV

     

Investment Philosophy

  • The scheme is passively managed and closely tracks the Nifty 50 Index.
  • This scheme aims to replicate the Nifty 50 Index, by buying the same stocks in the same proportion as they are in the index.

Key Features

  • The scheme follows the Nifty 50 Index, which is the flagship index of the National Stock Exchange of India Limited (NSE) and includes the top 50 most liquid bluechip stocks.
  • It covers stocks of some of India’s largest companies present across major sectors of the economy.
  • It is a reflection of the Indian stock market.
  • It is a widely-used benchmark for mutual fund schemes.

Key Benefits

  • Low Cost: You can buy even one unit of the scheme at the prevailing market price on the exchange.
  • Low Fee: The scheme charges lower expense ratios as compared with actively managed schemes.
  • Diversification: Investing in the scheme can help you diversify your portfolio across bluechip stocks from major sectors of the economy.
  • Bluechip Benefits: The Nifty 50 Index comprises bluechip companies that are renowned market leaders in their respective sectors. These companies are also known to be relatively resilient across various cycles of the economy.

Who should invest?

  • Investors looking to invest in stocks of Nifty 50 Index in a cost-effective and tax-efficient manner*.
  • Investors aiming for liquidity or the capability to convert their investment into cash easily.
  • Investors seeking to create wealth over the long term.
  • *As per prevailing tax laws, no tax is charged on capital gains made on long-term investments held in equity mutual fund schemes. Units held for more than 12 months as capital assets in an equity mutual fund scheme qualify as long-term investment. On the other hand, units held for 12 months or less as capital assets qualify as short-term investment and are charged 15% tax. Surcharge and cess are also applicable as per the provisions of the prevailing tax laws. Investors are advised to consult their own legal, tax and financial advisors to determine possible tax, legal and other financial implication or consequence of subscribing to any investment.

Scheme Features
Type Open-ended Index Exchange Traded Fund
Underlying Nifty 50 Index
ISIN INF109K012R6
NSE Symbol & BSE Scrip ID NIFTYIWIN
BSE Scrip Code 537007/NIFTYIWIN
Pricing Approx. 1/100th of underlying Index
Application size - Directly with AMC 50,000 units & in mutiple thereof
Application size through NSE & BSE 1 Unit & in multiple thereof
Entry Load Not Applicable
Exit Load NIL
Authorized Participant
    1. Edelweiss Securities Limited, Edelweiss House, Off C.S.T. Road, Kalina, Mumbai – 400098
    2. NIRSHILP COMMODITIES & TRADING PVT LTD, Plot 60B, East West Road No 2, JVPD Scheme, Vile Parle (East), Mumbai - 400049
    3. Parwati Capital Market Private Limited, 8 LYONS Range 1st floor Kolkata, West Bengal - 700001

Fund Manager

Kayzad Eghlim - Managing this fund since March 2013 and overall 26 years of experience

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 provided by Nifty 50 Index, subject to tracking error.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.