ICICI Prudential Nifty Pharma ETF NFO open until 19 Oct 2026. Offer price ₹10, minimum investment ₹1,000. Allocation, benchmark, peer comparison.
Details as of: 12 October 2026
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Open until 19 Oct 2026 (opened 12 Oct 2026)
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Offer price: ₹10 per unit
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Minimum investment: ₹1,000
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Benchmark: NIFTY PHARMA – TRI
The ICICI Prudential Nifty Pharma ETF NFO is open until 19 October 2026. The fund opened for subscription on 12 October 2026. Investors can subscribe to the units at an offer price of ₹10 per unit. The minimum investment amount required for this scheme is ₹1,000.
ICICI Prudential Nifty Pharma ETF NFO: key details
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ICICI Prudential Nifty Pharma ETF NFO: key details — Source: scheme details and fund data via Accord Fintech |
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Fund house |
ICICI Prudential Mutual Fund |
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Category |
ETFs – Index |
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Opens |
12 October 2026 |
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Closes |
19 October 2026 |
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Offer price |
₹10 per unit |
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Minimum investment |
₹1,000 |
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Benchmark |
NIFTY PHARMA – TRI |
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Fund managers |
Nishit Patel, Ashwini Shinde, Venus Ahuja |
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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 closely correspond 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.
The scheme aims to provide returns that correspond to the total return of the NIFTY PHARMA – TRI benchmark. The fund will operate under a standard plan with a growth option for its ₹1,000 minimum investment.
How it compares with existing funds
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Earlier NFOs in the same category, launched in the last 12 months. Assets at 31 August 2026. |
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Fund |
NFO period |
Assets (₹ crore) |
NAV now (Direct Growth) |
Change on offer price |
|---|---|---|---|---|
|
DSP BSE Insurance ETF |
24 September 2026 – 28 September 2026 |
– |
– |
– |
|
UTI BSE India Sector Leaders ETF |
31 August 2026 – 11 September 2026 |
– |
– |
– |
|
Axis Nifty Energy ETF |
12 August 2026 – 21 August 2026 |
7 |
– |
– |
|
Mirae Asset BSE LargeMid (60:40) Stable Dividend 50 ETF |
10 August 2026 – 12 August 2026 |
24 |
– |
– |
|
UTI Nifty 500 ETF |
10 August 2026 – 24 August 2026 |
9 |
– |
– |
|
JioBlackRock Nifty 50 ETF |
4 August 2026 – 11 August 2026 |
79 |
– |
– |
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Invesco India BSE Sensex ETF |
28 July 2026 – 11 August 2026 |
6 |
– |
– |
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DSP BSE MidSmall Private Banks ETF |
28 July 2026 – 30 July 2026 |
6 |
– |
– |
Earlier NFOs in the index ETF category reported varying asset levels as of 31 August 2026. The JioBlackRock Nifty 50 ETF held assets of ₹79 crore. Other recent launches such as the Axis Nifty Energy ETF and the Invesco India BSE Sensex ETF reported assets of ₹7 crore and ₹6 crore respectively.
Fund managers
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Fund managers |
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Name |
Role |
Experience |
|---|---|---|
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Nishit Patel |
Fund Manager |
2 Years |
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Ashwini Shinde |
Deputy Manager – Dealer Support |
5 Years |
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Venus Ahuja |
Dealer – ETF |
3 Years |
ICICI Prudential Nifty Pharma ETF NFO: FAQs
When does the ICICI Prudential Nifty Pharma ETF NFO open and close?
The NFO opens on 12 Oct 2026 and closes on 19 Oct 2026.
What is the minimum investment in the ICICI Prudential Nifty Pharma ETF NFO?
The minimum investment is ₹1,000.
Who manages the ICICI Prudential Nifty Pharma ETF?
The fund is managed by Nishit Patel, Ashwini Shinde, Venus Ahuja.
Which plans does the ICICI Prudential Nifty Pharma 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 Nifty Pharma ETF?
The scheme’s benchmark is the NIFTY PHARMA – TRI.
Scheme terms from the offer documents; fund data: Accord Fintech. Calculations: ThePip. For information only; not investment advice.
