ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth
NAV as on 29-04-2025
₹ 10.39
▲1.1%
1D
Inception Returns
3.4%
/yr
Historical NAV & Returns
Absolute
▲
▼
222 people have invested ₹ 16.4L in ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth in the last three months
About ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth
ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth is an equity fund. This fund was started on 17 April, 2025. The fund is managed by Nishit Patel. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.
Returns
ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth has given a CAGR return of 3.41% since inception.
Holdings
ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth has allocated its funds majorly in . Its top holdings are
Taxation
As it is a sector - technology mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth
ICICI Prudential Nifty EV & New Age Automotive ETF FOF is a Fund of Funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential Nifty EV & New Age Automotive ETF
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth has no lock in period.
ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth Overview
| Expense ratio | -- |
Benchmark | Nifty EV & New Age Automotive |
| AUM | ₹0 Cr |
| Inception Date | 17 April, 2025 |
| Min Lumpsum/SIP | ₹1000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth | - | - | - | 3.41% |
 SBI Technology Opportunities Fund Direct Growth | 15.26% | 13.34% | 28.64% | 20.49% |
 Tata Digital India Fund Direct Growth | 8.05% | 9.81% | 30.34% | 19.21% |
 Aditya Birla Sun Life Digital India Fund Direct Plan Growth | 5.21% | 8.83% | 29.07% | 20.38% |
See all
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Nishit Patel
Fund Manager of ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth, since 17 April 2025
Top funds managed
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.04L Cr
as on 31-Mar-2025
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com
ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered returns of 3.41% since inception (17th April 2025)
Frequently Asked Questions for ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth
The current NAV of ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth is ₹10.39 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
The alpha ratio for the ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth | - | - | - |
As on March 2025
The alpha for ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth is calculated against Nifty EV & New Age Automotive. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth | - | - | - |
As on March 2025
The Beta for ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth is calculated with Nifty EV & New Age Automotive. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth | - | - | - |
As on March 2025
The sharpe ratio for ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth is calculated with Nifty EV & New Age Automotive. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth | - | - | - |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Nishit Patel is the fund manager of ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth
The Exit load of ICICI Prudential Nifty EV & New Age Automotive ETF FOF Fund Direct Growth is 0%