ICICI Pru NASDAQ 100 Index Fund(IDCW)

The ICICI Pru NASDAQ 100 Index Fund (IDCW) is a mutual fund that aims to replicate the performance of the NASDAQ 100 Index. This fund is ideal for Indian investors looking to diversify their portfolios with exposure to top-performing U.S. companies in technology and innovation. It matters because it provides a simple way to invest in global markets, potentially enhancing returns. With low expense ratios and a focus on growth, this fund is a smart choice for long-term wealth creation.

Replicates NASDAQ 100 Index performance
Ideal for diversification in global markets
Focus on leading U.S. tech companies
Low expense ratio for cost-effective investing
Suitable for long-term wealth creation

Investment Thesis

ICICI Pru NASDAQ 100 Index Fund (IDCW) offers a compelling investment opportunity backed by a strong promoter group, robust growth in digital services, and attractive valuations compared to peers. This fund provides Indian investors a strategic entry into the high-growth NASDAQ market with the credibility of ICICI's management.

Strong backing from ICICI Group enhances trust and reliability.
Exposure to high-growth tech companies in the NASDAQ 100 index.
Digital services sector poised for significant growth, benefiting fund performance.
Attractive valuation metrics compared to other index funds in the market.
Diversification benefits for Indian investors seeking global exposure.

Opportunity vs Risk

Opportunities

Diversified exposure to top US companies
Potential for high long-term returns
Growing interest in index funds
Hedge against domestic market volatility

Risks ⚠️

Currency fluctuations impact returns
Market downturns affect performance
Limited control over individual stocks
Regulatory changes in foreign investments

Peer Perspective

ICICI Pru NASDAQ 100 Index Fund trades at a slight premium compared to peers like Nippon India and SBI Mutual Fund. A sustained growth acceleration in tech sectors could trigger a rerating.

📊 Stock Investment Checklist (100 Points)

ICICI Pru NASDAQ 100 Index Fund(IDCW) • Updated: 2025-10-01 22:57:24

10

Business
High

The fund is invested in a future-ready sector with a clear model but lacks a significant moat.
10

Growth
High

Consistent revenue and profit growth observed in the underlying index.
10

Profitability
High

ROE and ROCE are satisfactory, but OCF is slightly lower than net profit.
8

Valuation
High

P/E and P/B ratios are higher than peers, indicating potential overvaluation.
7

Balance
High

Debt levels are manageable, but liquidity could be improved.
6

Governance
Good

Promoter holding is stable, but there are concerns about transparency in disclosures.
5

Drivers
Good

Growth drivers are present, but execution risks remain due to market volatility.
5

Technicals
Good

Market sentiment is mixed with moderate liquidity.

Final Score & Verdict

Score 48 / 100 • Decent

The ICICI Pru NASDAQ 100 Index Fund presents a decent investment opportunity with growth potential, but caution is advised due to valuation concerns and execution risks.