NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

ICICI Prudential Nifty 50 ETF for NRI [279.26]

Min Investment

0

Fund Size

20,751.06 Cr

Expense Ratio

0.0%

Exit Load

%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

279.26

1.14%

NAV as on 06 Nov 24, 12:00 AM

very high risk

large cap

equity

NAV as on 06 Nov 24, 12:00 AM

very high risk

large cap

equity

27.52%p.a.

Last 1Y

12.44%p.a.

Last 3Y

16.62%p.a.

Last 5Y

14.62%p.a.

Since Inception

About ICICI Prudential Nifty 50 ETF for NRIs

NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Nifty 50 ETF scheme from ICICI Prudential Asset Management Company Limited. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Mar 2013, ICICI Prudential Nifty 50 ETF is Large-Cap fund of its category with 20,751.06 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.

  • ICICI Prudential Nifty 50 ETF delivered 27.5% annual returns during the last year. It has delivered 14.6% average annual returns since the fund was launched.
  • ICICI Prudential Nifty 50 ETF scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The investment objective of the scheme is to provide returns before expenses that closely correspond to the total return of the Underlying Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Top 10 Holdings

HDFC Bank Ltd

11.34%

Reliance Industries Ltd

8.64%

ICICI Bank Ltd

7.74%

Infosys Ltd

5.82%

ITC Ltd

4.16%

Bharti Airtel Ltd

3.95%

Tata Consultancy Services Ltd

3.76%

Larsen & Toubro Ltd

3.73%

Axis Bank Ltd

3.03%

State Bank of India

2.62%

Fund Managers

  1. Nishit Patel (Jan 2021 - Present)
  2. Priya Sridhar (Feb 2024 - Present)
  3. Ajaykumar Solanki (Feb 2024 - Present)

Key Information

View Scheme Document

ICICI Prudential Nifty 50 ETF SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on ICICI Prudential Nifty 50 ETF

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in ICICI Prudential Nifty 50 ETF?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in ICICI Prudential Nifty 50 ETF
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions