| Launch date | 22 Sep 2022 |
| Allotment date | 11 Oct 2022 |
| End date | 06 Oct 2022 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.37%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (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%.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Kayzad EghlimSep 2022 - PresentView details
Ashwini Jemin BharuchaDec 2024 - PresentView details
Venus AhujaNov 2025 - PresentView details
Nishit PatelSep 2022 - PresentView details
Fund house & investment objective
| Rank (total assets) | #3 in India |
|---|---|
| Total AUM | ₹11,12,891.15Cr |
| Date of Incorporation | 12 Oct 1993 |
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ICICI Prudential Nifty Auto Index Fund Direct Growth is a Equity 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 Auto Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹11,12,891 Cr and the Latest NAV as of 13 May 2026 is ₹20.79. The ICICI Prudential Nifty Auto Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹1,000. ;
Investment Objective
The Scheme seeks to invest in companies whose securities are included in Nifty Auto Index and subject to tracking errors, to endeavor to achieve the returns of the above index. This would be done by investing in all the stocks comprising the Nifty Auto Index in the same weightage that they represent in Nifty Auto Index. ;
| Fund benchmark | NIFTY Auto Total Return Index |
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