ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Fund Direct Growth

ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Fund Direct Growth is an equity fund. This fund was started on 12 April, 2021. The fund is managed by Nishit Patel. The fund could potentially beat inflation in the long-run.

1. ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Fund Direct Growth has ₹1453 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.1.
   

ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Fund Direct Growth has given a CAGR return of 15.28% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 7.45% and 17.17% respectively.

ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Defensive, Financial Services, Health, Consumer Cyclical, Tech, Basic Materials, Energy, Communication, Industrial. Its top holdings are ICICI Pru Nifty 100 Low Vol 30 ETF

As it is a equity - other 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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The fund is a Fund of Funds scheme with the primary objective to generate returns by investing in units of the fund. There can be no assurance or guarantee that the investment objectives of the Scheme would be achieved.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF Fund Direct Growth has no lock in period.