ICICI Prudential NASDAQ 100 Index Fund invests in NASDAQ – 100 INDEX® giving exposure to 100 largest globally leading non-financial companies. It is an open ended index fund replicating the NASDAQ – 100 Index®
Key Features
| NFO Period | September 27, 2021 to October 11, 2021 |
| Type of Scheme | An open ended index fund replicating the NASDAQ-100 INDEX® |
| Plans/ Options | Plans: Regular and DirectOptions: Growth & Income Distribution cum Capital Withdrawal (IDCW) (Payout & Reinvestment) |
| Fund Manager Details | Priyanka Khandelwal |
| Minimum Application Amount | Rs. 1000/- ( plus in multiple of Re. 1) |
| Minimum Additional Application Amount | Rs. 500/-( plus in multiple of Re. 1) |
| Minimum Redemption Amount | Any Amount |
| Exit Load | Nil |
| Benchmark Index | NASDAQ-100 INDEX® TRI |
| SIP/SWP/STP | DURING NEW FUND OFFER PERIOD/ DURING ONGOING OFFER PERIOD:Daily, Weekly, Fortnightly, Monthly SIP$: Rs. 100/- (plus in multiple of Re. 1/-) Minimum installments: 6Quarterly SIP$: Rs. 5,000/- (plus in multiple of Re. 1/-) Minimum installments – 4$The applicability of the minimum amount of installment mentioned is at the time of registration only. |
Scheme Highlights
ICICI Prudential NASDAQ 100 Index Fund
1. Access to globally leading companies that maintain dominant positions in the market
2. NASDAQ – 100 INDEX® has relatively lower correlation with Indian equity indices
3. 44 weightage in technology stockst
4. The constituents of NASDAQ 100 INDEX® have grown the value of their patents by 900% s ince May 2007
5. NASDAQ – 100 INDEX® has grown 4x times in last two decades
6. With a market cap of $18T, this index has outperformed broad market in US
7. NASDAQ – 100 INDEX® Price to Equity Ratio: 28.01 Price to Book Ratio : 4.91
8. Nifty 50 Price to Equity Ratio: 26.45 & Price to Book Ratio: 4.33
Why Invest?
- ICICI Prudential NASDAQ – 100 Index Fund offers Diversification index
- Access to Global Companies listed on NASDAQ 100 INDEX ®
- NASDAQ – 100 INDEX® has performed well over the last 2 decades
- Potential Hedge against Rupee Depreciation Vs Dollar
- Exposure to Big Tech Stocks
- Direct Investment in Index Constituents
- Transparent and Index based Investing
- Global Products and Services Catering to all age groups