ICICI Pru Nifty EV & New Age Automotive ETF FOF

Ticker: mf13971
Decent 66/100

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Business Overview

ICICI Pru Nifty EV & New Age Automotive ETF FOF is a focused investment vehicle designed for those looking to capitalize on the burgeoning electric vehicle and new age automotive sectors in India. This fund offers exposure to a diversified portfolio of companies leading the transition to sustainable mobility. It’s ideal for investors seeking growth in innovative industries while aligning with eco-friendly trends. As the automotive landscape evolves, this ETF positions investors to benefit from future advancements.

  • Focus on electric vehicles and new automotive technologies
  • Diversified portfolio of leading companies
  • Ideal for growth-oriented investors
  • Aligns with sustainability and eco-friendly trends
  • Capitalizes on India's automotive transformation

Investment Thesis

ICICI Pru Nifty EV & New Age Automotive ETF FOF offers a compelling investment opportunity driven by a strong promoter group, significant growth potential in digital services, and attractive valuations compared to peers. This ETF is well-positioned to capitalize on the booming electric vehicle and new-age automotive sectors.

  • Backed by ICICI Group, ensuring strong credibility and trust.
  • Taps into the rapidly growing digital services and EV market.
  • Offers exposure to innovative companies in the automotive sector.
  • Valuations are attractive compared to similar funds, enhancing potential returns.
  • Diversifies risk while targeting high-growth industries.

Opportunity vs Risk

Opportunities
  • Growing EV market in India
  • Government incentives for electric vehicles
  • Diversification in new age sectors
  • Potential for high long-term returns
Risks ⚠️
  • Market volatility in tech stocks
  • Regulatory changes affecting EVs
  • High competition in automotive sector
  • Dependence on consumer adoption trends
📊 Stock Investment Checklist (100 Points)
ICICI Pru Nifty EV & New Age Automotive ETF FOF • Updated: 2025-09-29 15:26:20
  • 10
    Business
    High
    The sector is evolving with a focus on electric vehicles, but competition is intense.
  • 10
    Growth
    High
    Revenue growth is promising, but profit growth has been inconsistent.
  • 8
    Profitability
    High
    ROE and ROCE are moderate; cash flow is stable but not exceptional.
  • 10
    Valuation
    High
    Valuation metrics are in line with peers, but growth expectations are high.
  • 7
    Balance
    High
    Debt levels are manageable, but liquidity could be improved.
  • 6
    Governance
    Good
    Promoter holding is decent, but there are concerns about transparency.
  • 5
    Drivers
    Good
    Growth drivers are present, but execution risks are significant.
  • 5
    Technicals
    Good
    Market sentiment is mixed; technical indicators show volatility.
Final Score & Verdict
Score 66 / 100 • Decent
The ETF has potential in a growing sector, but investors should be cautious of execution risks and market volatility.