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NV20IETF

NSE
14.63000 INR
0.14
0.97%
Last update Jun 20, 3:29 PM IST
Market closed
Day range
14.35000
14.66000
Previous close
14.49000
Open
14.63000
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ICICI Prudential Nifty50 Value 20 ETF
14.63
0.14
0.97%

Overview

Description

ICICI Prudential Nifty50 Value 20 ETF is an exchange-traded fund focused on tracking the performance of the Nifty50 Value 20 Index. The primary function of this ETF is to provide investors with exposure to a portfolio of 20 select companies within the Nifty 50 that are poised for growth at a reasonable price, thereby emphasizing value investing principles. The index is strategically structured around key financial metrics such as return ratios and valuation multiples, ensuring the inclusion of high-quality firms. This ETF plays a significant role in capturing the Indian market's essence by targeting prominent sectors such as information technology, finance, and consumer goods, which are pivotal to India’s economic dynamism. With its diversified basket, the ETF helps mitigate risk by distributing investment across these sectors while offering a lower-cost alternative to actively managed funds. In the nuanced landscape of the Indian financial market, the ICICI Prudential Nifty50 Value 20 ETF serves as a convenient and efficient tool for investors aiming to balance the pursuit of capital appreciation with inherently lower risk levels than conventional stock picking.

About

CEO
Employees
0
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Instrument type
Common stock
Sector
Industry
Country
India
MIC code
XNSE
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10:23
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23:59

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