ICICI Prudential BSE Power ETF NFO Closed on 30 Oct: Terms, Allocation and Peers
Key Highlights
ICICI Prudential BSE Power ETF NFO closed 30 Oct 2026. Offer price ₹10, minimum investment ₹1,000. Allocation, benchmark, peer comparison.
Details as of: 1 November 2026
- Opened 26 Oct 2026 and closed 30 Oct 2026
- Offer price: ₹10 per unit
- Minimum investment: ₹1,000
- : Power Index – TRI
- At least 95% must be in Equity and Equity related securities of companies constituting the underlying index (BSE Power Index)
The ICICI Prudential BSE Power ETF NFO closed on 30 October 2026 after opening on 26 October 2026. Investors participated at an offer price of ₹10 per unit with a minimum investment of ₹1,000.
ICICI Prudential BSE Power ETF NFO: key details
| Fund house | ICICI Prudential Mutual Fund |
| Category | ETFs – Index |
| Opens | 26 October 2026 |
| Closes | 30 October 2026 |
| Offer price | ₹10 per unit |
| Minimum investment | ₹1,000 |
| Benchmark | BSE Power Index – TRI |
| Fund managers | Nishit Patel, Ashwini Shinde, Venus Ahuja |
| Plans | Standard plan, with Growth option |
What the scheme says it will invest in
The scheme states its objective as follows.
The investment objective of the scheme is to provide returns before expenses that closelycorrespond to the total return of the underlying index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
| Where the money goes | Minimum | Maximum |
|---|---|---|
| Equity and Equity related securities of companies constituting the underlying index (BSE Power Index) | 95% | 100% |
| Money market instruments and other liquid instruments, Units of Overnight funds, Liquid funds and Money Market MF | 0% | 5% |
The scheme allocates at least 95% of its assets to equity and equity-related securities of companies constituting the BSE Power Index. It may also invest up to 5% in money market instruments, liquid instruments, or units of overnight and liquid funds. The largest minimum allocation is 95% in the underlying index.
How it compares with existing funds
| Fund | NFO period | Assets (₹ crore) | now (Direct Growth) | Change on offer price |
|---|---|---|---|---|
| SBI BSE India Defence ETF | 13 October 2026 – 19 October 2026 | – | – | – |
| ICICI Prudential Nifty Pharma ETF | 12 October 2026 – 19 October 2026 | – | – | – |
| Aditya Birla Sun Life BSE Total Market ETF | 30 September 2026 – 14 October 2026 | – | – | – |
| DSP BSE Insurance ETF | 24 September 2026 – 28 September 2026 | 10 | – | – |
| HDFC FTSE India Equity ETF | 23 September 2026 – 7 October 2026 | – | – | – |
| Zerodha Nifty Next 100 ETF | 21 September 2026 – 5 October 2026 | – | – | – |
| UTI BSE India Sector Leaders ETF | 31 August 2026 – 11 September 2026 | 7 | – | – |
| Axis Nifty Energy ETF | 12 August 2026 – 21 August 2026 | 7 | – | – |
Earlier NFOs in the category include the DSP BSE Insurance ETF with assets of ₹10 crore. The UTI BSE India Sector Leaders ETF and Axis Nifty Energy ETF both recorded assets of ₹7 crore. These earlier offerings closed between August 2026 and September 2026.
Fund managers
| Name | Role | Experience |
|---|---|---|
| Nishit Patel | 2 Years | |
| Ashwini Shinde | Deputy Manager – Dealer Support | 5 Years |
| Venus Ahuja | Dealer – ETF | 3 Years |
ICICI Prudential BSE Power ETF NFO: FAQs
When does the ICICI Prudential BSE Power ETF NFO open and close?
The NFO opens on 26 Oct 2026 and closes on 30 Oct 2026.
What is the minimum investment in the ICICI Prudential BSE Power ETF NFO?
The minimum investment is ₹1,000.
Who manages the ICICI Prudential BSE Power ETF?
The fund is managed by Nishit Patel, Ashwini Shinde, Venus Ahuja.
Which plans does the ICICI Prudential BSE Power ETF have?
Standard plan, with Growth option.
What does the NFO offer price mean?
The offer price is the price per unit at which units are allotted during the NFO, here ₹10. It is not a measure of value, and the fund has no track record to judge until it has run for some time.
What is the benchmark of the ICICI Prudential BSE Power ETF?
The scheme’s benchmark is the BSE Power Index – TRI.
Scheme terms from the offer documents; fund data: Accord Fintech. Calculations: ThePip. For information only; not investment advice.