ICICI Prudential Nifty IT 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 IT 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 IT Index in the same weightage that they represent in Nifty IT Index. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.

The ICICI Prudential Nifty IT Index Fund Regular Growth has an AUM of 578.59 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 0.89%. The minimum investment in ICICI Prudential Nifty IT 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 Infosys, Tata Consultancy Services, HCL Technologies & Tech Mahindra.

The major sectors where the fund is invested are Software & Programming, Computer Services & Construction Services.

Some of the similar funds are Motilal Oswal Nifty 50 Index Fund Regular Growth, Axis Nifty 50 Index Fund Regular Growth, Nippon India Nifty 500 Momentum 50 Index Fund Regular Growth, ICICI Prudential Nifty IT Index Fund Regular Growth, UTI BSE Low Volatility Index Fund Regular Growth. ICICI Prudential Nifty IT Index Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.