ICICI Pru Nifty Auto Index Fund(IDCW Payout)

Ticker: mf17146
Decent 68/100

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Business Overview

ICICI Pru Nifty Auto Index Fund is designed for investors seeking exposure to the Indian automotive sector through a diversified portfolio. This fund tracks the Nifty Auto Index, making it ideal for those looking to capitalize on the growth potential of leading automobile companies. Investing in this fund can help you benefit from the automotive industry's performance while enjoying the convenience of a mutual fund structure.

  • Diversified exposure to top auto companies
  • Ideal for long-term growth investors
  • Tracks the performance of Nifty Auto Index
  • Managed by experienced professionals
  • Offers IDCW payout option for regular income

Investment Thesis

ICICI Pru Nifty Auto Index Fund presents a compelling investment opportunity due to its strong backing from the ICICI Group, a reputable promoter. The growing digital services segment enhances its appeal, while attractive valuations compared to peers make it an ideal choice for retail investors seeking exposure to the auto sector.

  • Strong promoter group: Backed by the reputable ICICI Group.
  • Significant growth potential in digital services within the auto sector.
  • Attractive valuation compared to industry peers, enhancing investment appeal.
  • Diversified exposure to leading auto companies through the index.
  • Solid historical performance and robust management strategies.

Opportunity vs Risk

Opportunities
  • Growing demand for electric vehicles
  • Strong recovery in auto sector
  • Government incentives for manufacturing
  • Diversification in auto index exposure
Risks ⚠️
  • Economic slowdown affecting sales
  • High competition in auto market
  • Regulatory changes impacting operations
  • Global supply chain disruptions

Peer Perspective

ICICI Pru Nifty Auto Index Fund trades at a slight premium compared to peers like Nippon India Nifty Auto ETF and SBI Nifty Auto Index Fund. A rerating could occur with improved margin stability and consistent growth in the auto sector.
📊 Stock Investment Checklist (100 Points)
ICICI Pru Nifty Auto Index Fund(IDCW Payout) • Updated: 2025-10-01 03:18:30
  • 10
    Business
    High
    The auto sector is evolving with electric vehicles and technology integration.
  • 10
    Growth
    High
    Consistent revenue growth driven by increasing vehicle demand.
  • 10
    Profitability
    High
    Stable ROE and OCF, but net profit margins are under pressure.
  • 8
    Valuation
    High
    Valuation metrics are slightly above industry average.
  • 7
    Balance
    High
    Moderate debt levels with reasonable liquidity.
  • 6
    Governance
    Good
    Promoter holding is strong, but some concerns over pledging.
  • 5
    Drivers
    Good
    Growth catalysts exist, but execution risks are notable.
  • 5
    Technicals
    Good
    Market sentiment is mixed; liquidity is moderate.
Final Score & Verdict
Score 68 / 100 • Decent
The fund is positioned well within a growing sector, but faces challenges in profitability and valuation metrics.