ICICI Prudential Nifty EV & New Age Automotive ETF FoF Growth
Very High Risk
1M
6M
All
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Annualised returns
Absolute returns
Name
1M
3M
6M
All
Fund returns
-6.1%
-5.0%
+1.6%
+11.7%
Category average (null null)
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Rank (null null)
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16
17
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Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company's fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Exit Load
28 Mar 2025
NA
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Fund management
NP
Nishit Patel
Mar 2025 - Present
View details
Education
Mr. Patel is a B.Com & Chartered Accountant
Experience
Prior to joining ICICI Prudential Mutual fund, he has worked with K.K.Dand & Co.
Mr. Venus Ahuja, who was previously part of the Investment Monitoring Team at ICICI AMC, has now been appointed as a Fund Manager and Dealer in the Investments Department of ICICI AMC
About ICICI Prudential Nifty EV & New Age Automotive ETF FoF Growth
ICICI Prudential Nifty EV & New Age Automotive ETF FoF Growth is a NA Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. Nishit Patel is the Current Fund Manager of ICICI Prudential Nifty EV & New Age Automotive ETF FoF Growth fund. The fund currently has an Asset Under Management(AUM) of ₹10,93,563 Cr and the Latest NAV as of 30 Jan 2026 is ₹11.17.
The ICICI Prudential Nifty EV & New Age Automotive ETF FoF Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000.
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Investment Objective
The scheme seeks to generate returns by investing in units of ICICI Prudential Nifty EV & New Age Automotive ETF.
Fund benchmarkNifty EV and New Age Automotive Total Return Index