Archive · 10 Jun 2025
ICICI Prudential Launches Funds Tracking Nifty Top 15 Index
ICICI Prudential is offering two new funds that focus on India's top 15 companies.
These funds are designed to follow the Nifty Top 15 Equal Weight Index.
The funds will invest in stocks of large-cap firms, aiming to reduce the risk of relying on a few dominant stocks and increase diversification.
The NFO period is from June 10 to June 24, 2025.
The index has historically shown better returns compared to broader market indices, especially during volatile times.
The funds offer regular and direct plans, with growth and income options.
Investors can choose between an Index Fund or an ETF.
ICICI Prudential launched two new funds tracking the Nifty Top 15 Equal Weight Index.
The funds will invest in the top 15 companies by free-float market capitalization.
The NFO period for both funds is from June 10 to June 24, 2025.
The index is rebalanced quarterly and reconstituted semi-annually.
The funds aim to provide diversified exposure to leading Indian companies.
- Who
- ICICI Prudential Mutual Fund
- What
- ICICI Prudential launched ICICI Prudential Nifty Top 15 Equal Weight ETF and Index Fund.
- When
- NFO period: June 10 to June 24, 2025
- Where
- India
- Why
- To provide access to top-performing large-cap companies.
- Fund Name
- ICICI Prudential Nifty Top 15 Equal Weight ETF and Index Fund
- NFO Period
- June 10 - June 24, 2025
- Benchmark
- Nifty Top 15 Equal Weight TRI
- Companies Covered
- Top 15 companies by free-float market capitalization
- Sectors
- Large-cap firms across sectors
- Plans/Options
- Regular and direct plans; growth and IDCW options
