| Launch date | 10 Jun 2025 |
| Allotment date | 27 Jun 2025 |
| End date | 24 Jun 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: NA
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Nishit PatelJun 2025 - PresentView details
Ashwini ShindeJun 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #3 in India |
|---|---|
| Total AUM | ₹9,56,306.15Cr |
| Date of Incorporation | 12 Oct 1993 |
|---|
ICICI Prudential Nifty Top 15 Equal Weight 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 Top 15 Equal Weight Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,56,306 Cr and the Latest NAV as of 10 Jun 2025 is ₹10.00. The ICICI Prudential Nifty Top 15 Equal Weight 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 provide returns before expenses that correspond to the total return of Nifty Top 15 Equal Weight Index, subject to tracking errors. ;
| Fund benchmark | Nifty Top 15 Equal Weight Total Return Index |
|---|
Fund house contact details
Peer Comparison
| Equity, Large Cap funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Nippon India Large Cap Fund Direct Growth | 5 | 7.0% | 27.1% | 41,750.19 |
DSP Large Cap Fund Direct Growth | 5 | 11.4% | 25.1% | 6,036.43 |
ICICI Prudential Large Cap Fund Direct Growth | 5 | 8.8% | 24.1% | 69,762.55 |
HDFC Large Cap Fund Direct Plan Growth | 5 | 4.6% | 22.5% | 33,913.31 |
Canara Robeco Large Cap Fund Direct Growth | 4 | 9.5% | 22.1% | 16,026.59 |