ICICI Prudential Nifty Auto Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.00
• Std Deviation 0.00%
• Tracking Error 0.00%

The objective of the Scheme is to invest in companies whose securities are included in Nifty Auto Index and subject to tracking errors, to endeavor to achieve the returns of the above index. This would be done by investing in all the stocks comprising the Nifty Auto Index in the same weightage that they represent in Nifty Auto Index. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.

The ICICI Prudential Nifty Auto Index Fund Regular Growth has an AUM of 130.18 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.91%. The minimum investment in ICICI Prudential Nifty Auto Index Fund Regular Growth is Rs 1000 and the minimum SIP is Rs 1000.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include Mahindra & Mahindra, Tata Motors, Maruti Suzuki India & Bajaj Auto.

The major sectors where the fund is invested are Auto & Truck Manufacturers, Recreational Products, Constr. & Agric. Machinery & Auto & Truck Parts.

Some of the similar funds are HSBC Nifty Next 50 Index Fund Regular Growth, Axis Nifty IT Index Fund Regular Growth, ICICI Prudential Nifty Auto Index Fund Regular Growth, Nippon India Nifty Bank Index Fund Regular Growth, Axis Nifty Bank Index Fund Regular Growth. ICICI Prudential Nifty Auto Index Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.