ICICI Prudential Nifty Auto Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio1.03
• Std Deviation 17.55%
• 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 167.37 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 0.94%. 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 And Mahindra, Maruti Suzuki India, Bajaj Auto & Eicher Motors.

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

Some of the similar funds are ICICI Prudential Nifty Auto Index Fund Regular Growth, Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Regular Growth, ICICI Prudential Nifty50 Equal Weight Index Fund Regular Growth, Kotak Nifty Smallcap 50 Index Fund Regular Growth, Nippon India Nifty IT Index Fund Regular Growth. ICICI Prudential Nifty Auto Index Fund Regular Growth has a sharpe ratio of 1.03 & a standard deviation of 17.55%.