ICICI Prudential NASDAQ 100 Index Fund NFO

 

Why Should Your Investments Go Global?

• Tapping into some themes/opportunities of future that are rarely available in Domestic Markets 
• CLOUD COMPUTING
• DIGITAL PLATFORMS
• E-COMMERCE 
• CASHLESS ECONOMY
• ARTIFICIAL INTELLIGENCE
• DRIVERLESS CARS 

Why Specifically Invest In US Markets?

• Investment in Top Brands from Various Sectors
• Developed Country with Mature Markets
• Highest Share in Global Equity Markets
• Diversification
• Combination of Growth and GDP  

Key Features of NASDAQ-100 INDEX®

• Access to globally leading companies that maintain dominant positions in the market
• NASDAQ-100 INDEX® has relatively lower correlation with Indian equity indices
• 44% weightage in technology stocks
• The constituents of NASDAQ-100 INDEX® have grown the value of their patents by 900% since May 2007
• NASDAQ-100 INDEX® has grown ~ 4x times in last two decades
• With a market cap of $18T, this index has outperformed broad market in US
• NASDAQ-100 INDEX® Price to Equity Ratio: 28.01 & Price to Book Ratio: 4.91 Nifty 50 Price to Equity Ratio: 26.45 & Price to Book Ratio: 4.33

TOP 10 Holdings

 

Stock	Weightage
Apple	11.35%
Microsoft	10.15%
Amazon	7.66%
Alphabet (class c)	4.18%
Facebook	4.05%
Tesla	3.87%
Alphabet (class a)	3.86%
NVIDIA corp	3.82%
Paypal	2.29%
Adobe	2.15%

Scheme Details 

Type of Scheme	An open ended index fund replicating the NASDAQ-100 INDEX
Fund Manager Details	Priyanka Khandelwal
Minimum Application Amount	Rs. 1000/- ( plus in multiple of Re. 1
Minimum Additional Application Amount	Rs. 500/-( plus in multiple of Re. 1)
Minimum Redemption Amount	Any Amount
Benchmark Index	NASDAQ-100 INDEX® TRI

This scheme is suitable for investors who are seeking*:

•  Long term wealth creation
• An index fund that seeks to track returns by investing in a basket of NASDAQ-100 INDEX® stocks and aims to achieve returns of the stated index, subject to tracking error