ICICI Pru Nifty 500 Index Fund(IDCW)

Ticker: mf17698
Decent 68/100

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Business Overview

ICICI Pru Nifty 500 Index Fund (IDCW) is a passive investment option that aims to replicate the performance of the Nifty 500 Index, encompassing a broad spectrum of Indian equities. This fund is ideal for investors seeking diversified exposure to the Indian stock market without the need for active management. It matters as it provides a low-cost entry point into a wide array of companies, promoting long-term wealth creation.

  • Passive investment strategy
  • Replicates Nifty 500 Index performance
  • Diversified exposure to 500 top Indian stocks
  • Ideal for long-term investors
  • Low expense ratio for cost-effective investing

Investment Thesis

ICICI Pru Nifty 500 Index Fund (IDCW) stands out due to its strong promoter credibility, robust digital services growth potential, and attractive valuation compared to peers. This fund offers investors a diversified exposure to India's top 500 companies, making it a compelling choice for long-term wealth creation.

  • Backed by the reputable ICICI Group, ensuring trust and reliability.
  • Significant growth in digital services, tapping into the evolving market.
  • Attractive valuation metrics compared to peer index funds.
  • Diversification across 500 leading companies, reducing risk.
  • Ideal for investors seeking steady growth in a volatile market.

Opportunity vs Risk

Opportunities
  • Diversified exposure to Nifty 500
  • Low expense ratio
  • Long-term growth potential
  • Rising retail investor participation
  • Tax benefits under ELSS
Risks ⚠️
  • Market volatility impact
  • Performance linked to index
  • Limited historical data
  • Economic downturns affect returns
  • Regulatory changes in mutual funds

Peer Perspective

ICICI Pru Nifty 500 Index Fund trades at a slight premium compared to peers like HDFC Nifty 50 Index Fund and SBI Nifty Index Fund; a rerating may occur if it achieves consistent margin stability and growth acceleration.
📊 Stock Investment Checklist (100 Points)
ICICI Pru Nifty 500 Index Fund(IDCW) • Updated: 2025-10-01 03:18:03
  • 10
    Business
    High
    The index fund is diversified across multiple sectors, providing a stable exposure.
  • 10
    Growth
    High
    Consistent revenue growth observed in the underlying index constituents.
  • 10
    Profitability
    High
    ROE and ROCE are in line with industry averages, indicating healthy profitability.
  • 8
    Valuation
    High
    Valuation metrics are reasonable compared to peers, but not particularly attractive.
  • 7
    Balance
    High
    The underlying companies have manageable debt levels and good liquidity.
  • 6
    Governance
    Good
    Promoter holding is stable, but some concerns over transparency in disclosures.
  • 5
    Drivers
    Good
    Growth drivers are present, but execution risks remain due to market volatility.
  • 5
    Technicals
    Good
    Market sentiment is neutral, with moderate liquidity.
Final Score & Verdict
Score 68 / 100 • Decent
The ICICI Pru Nifty 500 Index Fund presents a decent investment opportunity with stable growth prospects, though caution is advised due to market risks.