ICI Nifty 100 Low Vol 30 ETF

ICI Nifty 100 Low Vol 30 ETF is an exchange-traded fund that aims to provide investors with exposure to a portfolio of 30 low volatility stocks from the Nifty 100 Index. The primary function of this ETF is to offer a diversified investment vehicle that focuses on minimizing risk and reducing the volatility common to equity markets, particularly in times of market turmoil. The fund selects stocks based on their volatility measures, giving investors a slice of companies that have historically shown stability in their price movements. This ETF is particularly significant for investors seeking stable returns in the equity market, as it targets lower risk compared to other high volatility equities. The sectors impacted by the ICI Nifty 100 Low Vol 30 ETF typically include consumer staples, utilities, and healthcare, which are known for their inherently stable nature. It plays a vital role in the financial markets by providing a strategic asset allocation option for those seeking to hedge against market fluctuations, while still participating in equities.