ICICI Prudential Nifty 200 Value 30 Index Fund

ICICI Prudential Nifty 200 Value 30 Index Fund is an exchange-traded fund (ETF) designed to track the performance of the Nifty 200 Value 30 Index. Its primary purpose is to provide investors with exposure to value stocks comprising companies within the Nifty 200 index. These companies are selected based on their potential for value, emphasizing financial stability, consistent earnings, and attractive valuation metrics. By doing so, the fund assists in capturing the growth potential of value-oriented stocks across various sectors in the Indian market. A notable feature of this index fund is its focus on diversification across multiple industries such as finance, consumer goods, information technology, and energy. As a passively managed fund, it offers a cost-effective way to invest in a basket of securities that embody value investing principles. The fund plays a crucial role in providing investors with a diversified portfolio that reflects value investing strategies, potentially reducing the risk compared to investing in individual securities. ICICI Prudential's reputation as a prominent asset management company adds to the fund's reliability, ensuring adherence to its investment objectives while providing consistent tracking of the underlying index's performance.