ICICI Prudential Nifty IT ETF
Ticker: ITIETF
Decent
68/100
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Investing Reference
Price
36.76
Market Cap
0.00
Debt/Equity
ROE %
PB
Promoter %
Pledge %
1Y Rev Growth %
5Y Rev Growth %
NP Margin %
NP Margin 5Y Avg %
Trading Reference
1M Return %
-4.412
6M Return %
-8.920
1Y Return %
-18.420
% Away 52W High
34.576
% Away 52W Low
9.961
Daily Volume
2330384
Investment Verdict
Avoid
Score 0/100 · Position size: 0%
Fundamentals/valuations or risk flags are weak. Avoid for long-term investing.
Trading Verdict
Avoid
Score 0/100 · Position size: 0%
Momentum weak or trend adverse. Avoid trading at this point.
Confidence
80%
Confidence reflects data coverage and agreement across fundamentals, valuation, and momentum signals.
AI Probability Statement
Probability Statement
ICICI Prudential Nifty IT ETF is currently testing a key support level around its 50-day EMA, with resistance observed at the recent highs. Given the current volume trends and market sentiment, there is a moderate probability of a bullish breakout if it holds above support, while a failure to maintain this level could lead to a downside risk.
Upside Probability: 15% | Downside Probability: 10%
Probability estimates are technical-context statements, not investment advice.
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Business Overview
The ICICI Prudential Nifty IT ETF is an exchange-traded fund that aims to provide investors with exposure to the performance of the Nifty IT Index, which comprises leading IT companies in India. This ETF is ideal for investors looking to capitalize on the growth potential of the Indian IT sector. With its diversified portfolio, it offers a convenient way to invest in top-performing tech stocks, making it a valuable addition to any investment strategy focused on long-term growth.
- Diversified exposure to top Indian IT companies
- Ideal for long-term investors
- Low expense ratio compared to mutual funds
- Liquidity and ease of trading on stock exchanges
- Aligns with the growth of the digital economy
- Managed by a trusted financial institution
Investment Thesis
ICICI Prudential Nifty IT ETF is a compelling investment choice, driven by the credibility of its strong promoter group and the robust growth potential in digital services. With attractive valuations compared to peers, this ETF offers Indian retail investors a strategic entry into the thriving IT sector.
- Backed by ICICI Group, ensuring strong governance and credibility.
- Digital services are on a growth trajectory, enhancing sector prospects.
- Valuations are attractive relative to peer ETFs, offering potential upside.
- Diversified exposure to top IT companies in India, reducing risk.
- Ideal for investors seeking long-term growth in the technology space.
Opportunity vs Risk
Opportunities
- Growing IT sector in India
- Increased digital adoption post-COVID
- Diversified exposure to top IT stocks
- Potential for high long-term returns
Risks ⚠️
- Market volatility affecting IT stocks
- Regulatory changes impacting sector
- Global economic slowdown risks
- High competition in the IT space
Peer Perspective
ICICI Prudential Nifty IT ETF currently trades at a slight premium compared to peers like Nippon India Nifty IT ETF and SBI Nifty IT ETF; a sustained growth acceleration and margin stability could trigger a rerating.
Future Outlook
ICICI Prudential Nifty IT ETF shows promise for growth as the IT sector evolves, but successful execution and cost control will be crucial to capitalize on emerging opportunities in the market.
AI FAQs for Retail Users
- Q: What is ICICI Prudential Nifty IT ETF?A: It is an exchange-traded fund that tracks the Nifty IT Index, focusing on Indian IT companies.
- Q: How can I invest in this ETF?A: You can invest through a brokerage account that offers access to stock exchanges in India.
- Q: What are the benefits of investing in this ETF?A: It provides diversified exposure to the IT sector with lower expense ratios compared to mutual funds.
- Q: Is this ETF suitable for long-term investment?A: It can be suitable for long-term investors looking to gain exposure to the IT sector.
- Q: What risks should I consider?A: Market volatility, sector-specific risks, and changes in technology trends can affect the ETF's performance.
📊 Stock Investment Checklist (100 Points)
ICICI Prudential Nifty IT ETF • Updated: 2025-09-17 02:32:26
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10BusinessHighThe IT sector is poised for growth with increasing digital transformation.
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10GrowthHighConsistent revenue growth driven by strong demand for IT services.
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10ProfitabilityHighHealthy ROE and OCF, but net profit margins are under pressure.
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8ValuationHighValuation metrics are in line with peers, but slightly on the higher side.
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7BalanceHighStrong balance sheet with manageable debt levels.
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6GovernanceGoodGood promoter holding, but some concerns about transparency.
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5DriversGoodGrowth drivers are present, but execution risks remain.
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5TechnicalsGoodMarket sentiment is mixed, with some liquidity concerns.
Final Score & Verdict
Score 68 / 100
• Decent
The ICICI Prudential Nifty IT ETF shows potential for growth in a favorable sector, but faces some challenges in profitability and execution risks.
AI Confidence Score
Instead of just “overall score,” broken into categories:
- Business Strength: 75/100
- Growth Potential: 80/100
- Profitability: 70/100
- Governance: 65/100
- Market Confidence: 75/100