ICICI Pru NASDAQ 100 Index Fund

Ticker: mf12846
Decent 68/100

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Business Overview

The ICICI Pru NASDAQ 100 Index Fund is a mutual fund that aims to replicate the performance of the NASDAQ 100 Index, which includes 100 of the largest non-financial companies listed on the NASDAQ stock exchange. This fund is ideal for Indian investors looking to gain exposure to global technology and innovation-driven companies. It matters because it offers diversification and potential growth in a rapidly evolving market.

  • Access to top global tech companies
  • Diversification in investment portfolio
  • Potential for long-term capital appreciation
  • Managed by a trusted financial institution
  • Ideal for systematic investment plans (SIPs)

Investment Thesis

ICICI Pru NASDAQ 100 Index Fund presents a compelling investment opportunity due to its strong backing from the ICICI Group, a credible promoter. With the growing demand for digital services and an attractive valuation compared to peers, this fund is well-positioned for long-term growth in the expanding tech-driven market.

  • Strong promoter credibility with the ICICI Group's robust reputation.
  • Significant growth potential driven by the digital services sector.
  • Attractive valuation compared to similar funds in the market.
  • Diversified exposure to top U.S. tech companies through the NASDAQ 100.
  • Potential for long-term capital appreciation in a growing economy.

Opportunity vs Risk

Opportunities
  • Diversification in US market exposure
  • Potential for long-term capital appreciation
  • Beneficial for rupee depreciation
  • Low expense ratio compared to peers
Risks ⚠️
  • Market volatility in US indices
  • Currency risk affecting returns
  • Economic downturn impacts performance
  • Regulatory changes in mutual funds

Peer Perspective

ICICI Pru NASDAQ 100 Index Fund is currently trading at a slight premium compared to peers like Nippon India NASDAQ 100 ETF and SBI NASDAQ 100 ETF. A sustained growth acceleration could trigger a rerating.
📊 Stock Investment Checklist (100 Points)
ICICI Pru NASDAQ 100 Index Fund • Updated: 2025-09-29 15:25:05
  • 10
    Business
    High
    The fund is invested in a future-ready sector, focusing on technology and innovation.
  • 10
    Growth
    High
    Consistent revenue and profit growth observed in the underlying index.
  • 10
    Profitability
    High
    Strong ROE and OCF relative to net profit, indicating healthy cash flow.
  • 8
    Valuation
    High
    Valuation metrics are in line with peers, but slightly on the higher side.
  • 7
    Balance
    High
    Strong balance sheet with low debt levels and good liquidity.
  • 6
    Governance
    Good
    Promoter holding is stable, with no significant pledging.
  • 5
    Drivers
    Good
    Growth drivers are present, but execution risks exist due to market volatility.
  • 5
    Technicals
    Good
    Market sentiment is mixed, with moderate liquidity.
Final Score & Verdict
Score 68 / 100 • Decent
The ICICI Pru NASDAQ 100 Index Fund shows potential for growth with a decent score, but investors should be cautious of market volatility and execution risks.


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