ICICI MF to launch ICICI Prudential Nifty200 Value 30 Index Fund

To meet the various needs of investors, ICICI Prudential Mutual Fund provides a broad range of investment options, including debt, hybrid, and equity funds. In the Indian mutual fund market, ICICI Prudential Mutual Fund has established itself as a reliable brand thanks to its solid track record of generating steady returns and commitment to client satisfaction. The company’s team of experienced fund managers conducts in-depth research and analysis to identify possible investment opportunities and effectively manage risk. The fund’s commitment to quality has attracted a substantial base of committed investors who rely on ICICI Prudential Mutual Fund’s experience to help them achieve their financial goals.

ICICI Prudential MF launches a new portfolio of investments:

Two new investment vehicles have been introduced by ICICI Prudential Mutual Fund: the ICICI Prudential Nifty200 Value 30 Index Fund and the ICICI Prudential Nifty200 Value 30 ETF. Value investing in the Nifty 200 index is something that both products seek to give investors access to at a reasonable price.

The Nifty 200’s historical performance:

In the past ten years, the Nifty 200 Value 30 TRI has outperformed the Nifty 200 TRI six times, suggesting that value investing is a viable strategy for an investor’s portfolio in the right market circumstances.

Objective of Investment:

The Nifty 200 Value 30 Index, which focuses on finding 30 cheap stocks within the Nifty 200, is replicated by the funds. In order to achieve long-term growth using a factor-based approach, this smart beta strategy makes use of valuation factors. The portfolio’s broad diversification across industries, including telecom, metals, oil and gas, and financial services, enables investors to take advantage of market opportunities while controlling expenses. Semi-annually, the index is rebalanced to account for changes in values and market conditions.

Value investing is still an essential part of a well-rounded portfolio at a time when investors are looking for diversified strategies for long-term growth, according to Chintan Haria, Principal, Investment Strategy at ICICI Prudential AMC. We are pleased to present the Nifty200 Value 30 ETF and Index Fund, which gives investors a focused method for value-based investing with the goal of long-term growth.”

Important features of the ICICI Prudential MF NFO:

Dates of the New Fund Offer (NFO): September 30, 2024, opens, and ends October 14, 2024. Rs 100 is the minimum investment (and multiples of Rs 1). The goal of value-based investing is to find undervalued stocks that have room to grow over time. Diversification: Offers exposure to thirty different industries and companies. Low cost and transparency: Provides low-cost ratios and possibly lower portfolio turnover. Sector Diversification: The index is exposed to a number of sectors, some of which are contingent upon the value score, including telecom, materials, energy, and financials.

Conclusion: Value-conscious investors have a special chance with the ICICI Prudential Nifty200 Value 30 ETF and Index Fund. These funds offer a low-cost structure and a diverse selection of cheap stocks, making them ideal for building long-term wealth. Investors should make sure the funds are in line with their overall financial goals and continue to exercise caution when it comes to market risks.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.