The investment objective of the Scheme is to provide investment returns that, before expenses, closely correspond to the total returns of the Securities as represented by the NIFTY Next 50 Index, subject to tracking errors.
Benchmark:
NIFTY NEXT 50
Fund Manager:
Krishan Kumar Daga, ArunAgrawal
ICICI Prudential Nifty FMCG ETF | 27.62(6M) | 10.82(1Y) |
Nippon India ETF Nifty Midcap 150 | 15.58(6M) | 10.04(1Y) |
The second layer has the potential to be tomorrow's star and that is the idea for the fund but on a passive management basis.
Fund House AAUM:
Rs. 41885229.4 Lakh (as on 30th June 2022)
Fund Manager:
Combined experience of above 20 years
This seems to be the favoured ETF orientation for product people, this time around. Not so much oomph, but definitely a prep for stacking up the passive portfolio.