ICICI Prudential BSE Sensex Index Fund

The ICICI Prudential BSE Sensex Index Fund is a mutual fund that seeks to provide returns that closely correspond to the performance of the Bombay Stock Exchange (BSE) Sensex index, a key indicator of Indian equities. Its primary function is to offer investors exposure to a diversified portfolio of 30 of the largest and most actively traded stocks on the BSE, encompassing various sectors such as finance, technology, and consumer goods. By tracking the BSE Sensex, this index fund plays a pivotal role in giving retail and institutional investors an opportunity to invest in a cross-section of established Indian companies, helping them participate in the country's economic growth. The fund aims to replicate the Sensex by holding constituent stocks in similar weightings, offering convenience and cost-efficiency to investors by eliminating the need to select individual stocks. This makes it an attractive option for those looking to invest in the Indian stock market with diversified exposure and lower risk compared to individual stock investments.