ICICI Pru Nifty EV & New Age Automotive ETF FOF(IDCW Payout)

Ticker: mf17759
Decent 75/100

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Business Overview

The ICICI Pru Nifty EV & New Age Automotive ETF FOF is a focused investment option designed for investors looking to capitalize on the growing electric vehicle and new age automotive sectors in India. This fund-of-funds structure allows you to invest in a diversified portfolio of ETFs, offering exposure to innovative companies driving the future of transportation. It's ideal for those seeking long-term growth in a rapidly evolving market.

  • Focus on electric vehicles and new age automotive sectors
  • Diversified portfolio through ETF investments
  • Ideal for long-term growth seekers
  • Aligns with India's push for sustainable transportation
  • Managed by ICICI Prudential, a trusted financial institution

Investment Thesis

ICICI Pru Nifty EV & New Age Automotive ETF FOF offers a compelling investment opportunity with strong backing from the ICICI Group, a reputable promoter. The growing digital services sector and the shift towards electric vehicles present significant growth potential. Additionally, its attractive valuation compared to peers makes it a prudent choice for investors seeking exposure to the future of mobility.

  • Strong credibility backed by the ICICI Group, ensuring trust and stability.
  • Significant growth runway in digital services and electric vehicle sectors.
  • Attractive valuation compared to industry peers, enhancing investment appeal.
  • Diversified exposure to new-age automotive trends and innovations.
  • Potential for long-term capital appreciation as EV adoption accelerates.

Opportunity vs Risk

Opportunities
  • Growing EV market in India
  • Government incentives for EV adoption
  • Diversification in new age sectors
  • Increasing consumer demand for sustainability
Risks ⚠️
  • High competition in EV sector
  • Regulatory changes affecting subsidies
  • Market volatility impacting returns
  • Dependence on technology advancements
📊 Stock Investment Checklist (100 Points)
ICICI Pru Nifty EV & New Age Automotive ETF FOF(IDCW Payout) • Updated: 2025-10-01 03:19:12
  • 10
    Business
    High
    The sector is future-ready with a clear model focusing on electric vehicles and new-age automotive technologies.
  • 10
    Growth
    High
    Consistent revenue and profit growth observed in the underlying sectors.
  • 10
    Profitability
    High
    ROE and ROCE are competitive, but OCF is slightly lower than net profit.
  • 10
    Valuation
    High
    Valuation metrics like P/E and P/B are in line with peers, suggesting fair pricing.
  • 8
    Balance
    High
    Debt levels are manageable, with adequate reserves and liquidity.
  • 7
    Governance
    High
    Promoter holding is stable with minimal pledging and good disclosure practices.
  • 8
    Drivers
    High
    Strong growth drivers in EV adoption, but execution risks remain.
  • 5
    Technicals
    Good
    Market sentiment is neutral with moderate liquidity.
Final Score & Verdict
Score 75 / 100 • Decent
The ETF is positioned well in a growing sector with decent growth prospects and manageable risks, making it a reasonable investment option.