MF

ICICI Prudential Nifty Bank ETF (FV 10)

IndexETFs - IndexBenchmark: NIFTY BANK - TRI
NAV · 02 Sep 2022₹395.33
AUM
Expense Ratio
CAGR
Exit Load
Min SIP
Launched2019

Investment Objective

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.

Fund Mandate

Equity and Equity related securities of companies constituting the underlying index (Nifty Bank Index)95%–100%
Units of Liquid schemes, MMI (with maturity not exceeding 91D), including TREPS, Cash & cash equivalents0%–5%
Fund Managers
KE
Kayzad Eghlim
Fund Manager
Key Information
₹5,000
Nil
Inception10 Jul 2019
AMC
Top Holdings

Portfolio holdings not disclosed for this fund yet.

Trailing Returns

No return data available for this fund.

Risk Metrics

Risk metrics are not available for this fund.

Fees
Nil
₹5,000
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme