ICICI Prudential NV20 ETF - Growth

Features of ICICI Prudential NV20 ETF

Here, are some of the key features of ICICI Prudential NV20 ETF-

• This fund index select stocks from the Nifty 50 Index based on their return on capital employed (ROCE), weightage, price-to-book value (PB) ratio, price-to-earnings (PE) ratio, and dividend yield.
• ICICI Prudential NV20 ETF portfolio tracks Nifty50 Value 20 Index which is a "smart index", that consists of 20 of the most liquid value bluechip stocks listed on the NSE.
• Exposures to major sectors of the economy is offered by ICICI Prudential NV20 ETF allotment.

Who should invest in ICICI Prudential NV20 ETF?

• Investors who aims to create long term wealth can easily invest in ICICI Prudential NV20 ETF fund.
• Investors with a motive to invest in a tax-effective and cost-effective way in Nifty50 Value 20 Index stocks can easily invest in ICICI Prudential NV20 ETF portfolio.
• Investors who wants to enjoy the benefit of cash liquidity i.e, able to encash their investment easily can invest in ICICI Prudential NV20 ETF fund.
• Investors who wants to invest with the value investment style with minimum risk on the investment.

Eligibility Criteria to invest in ICICI Prudential NV20 ETF

• Person should be an Indian Citizen
• Partner(s) of Partnership Firm
• Foreign Institutional Investors
• If minor, then the investment is possible through a parent or legal guardian
• Karta of Hindu Undivided Family
• Any Financial and Investment Institutions
• Companies
• NRIs or Individual of Indian origin who are residing abroad
• Trusts
• Association of Persons
• Societies

Documents Required for ICICI Prudential NV20 ETF

Following are the essential documents that are required for ICICI Prudential NV20 ETF-

• Identity Proof- Voter ID Card, AADHAR Card, Passport.
• PAN Card
• Passport size Photographs
• Address Proof- Driving License, Utility bills like gas or electricity bill, Passport
• KYC Acknowledgment
• Mutual Fund application form
• Declaration of 3^rd party (for minors)

Benefits of investing in ICICI Prudential NV20 ETF

• ICICI Prudential NV20 ETF allotment offers diversification of your portfolio across various sectors and stocks present in the Nifty50 Value 20 Index.
• You can easily buy one unit of ICICI Prudential NV20 ETF fund at the prevailing market price on the exchange.
• A lower expense ratio is charged for ICICI Prudential NV20 ETF portfolio in comparison to the actively managed schemes.
• ICICI Prudential NV20 ETF fund follows the value investment style. Here, you can buy stocks that are available at a lower price than their intrinsic value and could appreciate over the long term.
• You can easily check ICICI Prudential NV20 ETF performance up to a period of 10 years.
• Expert professional takes care of ICICI Prudential NV20 ETF investment after market research.