ICICI Prudential Nasdaq 100 Index Fund

  ICICI Prudential Nasdaq 100 Index Fund

                                

     

ICICI Prudential Mutual Fund has announced the launch of the ICICI Prudential Nasdaq 100 Index Fund.

It is an open-ended index fund replicating the NASDAQ-100 Index Fund.

Key Highlights of the Fund

-    Access to globally leading companies that maintain a dominant position in the market.

-    44 weightage in technology stocks

-    NASDAQ-100 INDEX@ Price to Equity Ratio-28.01, Price to Book Ratio-4.91

-    Nifty 50 Price to Equity Ratio-26.45, Price to Book Ratio-4.33

-    NASDAQ-100 Index has grown 4x times in the last 2 decades

Key Features

NFO Opens-                                                   September 27, 2021

NFO Closes-                                                   October 11,2021

Type of Scheme-                                             Regular and Direct

Fund Manager-                                                Priyanka Khandelwal

Minimum Application Amount-                      Rs. 1000/-

Minimum Additional Application Amount-    Rs. 500/-

Exit load-                                                         NIL

Benchmark Index-                                          NASDAQ-100 INDEX

Why Invest?

Offers diversification index

Access to global companies listed on NASDAQ 100 INDEX

Exposure to tech stocks

Transparent and index-based investing

Direct investment in the index constituents