Are you searching for a solid investment to reach your long-term financial dreams? We dive into how the ICICI Prudential NASDAQ 100 Index Fund could be a great pick.
The ICICI Prudential NASDAQ 100 Index Fund is a well-liked investment, with a current NAV of Rs 20.30 as of Jan 29, 2026. This fund gives you a chance to invest in the NASDAQ 100 index. It offers a mix of stocks from various companies.
By putting money into this fund, you might see the benefits of tech and innovation from the NASDAQ 100 index’s companies.
Key Takeaways
- Invest in the ICICI Prudential NASDAQ 100 Index Fund for long-term financial growth
- The fund offers a diversified portfolio of stocks listed on the NASDAQ 100 index
- The current NAV is Rs 20.30 as of Jan 29, 2026
- Benefit from the growth of technology and innovation-driven companies
- A reliable investment option for achieving financial goals
Understanding the ICICI Prudential NASDAQ 100 Index Fund
To get a grasp on the ICICI Prudential NASDAQ 100 Index Fund, we need to look at the NASDAQ 100 Index itself. This fund’s success is linked to the index it follows. It’s key for investors to know what makes up the index and how it acts.
What is the NASDAQ 100 Index?
The NASDAQ 100 Index is a list of 100 big, active non-financial stocks on the NASDAQ exchange. It covers many sectors, but tech and innovation are big parts of it.
Top Companies in the Index
Big tech names like NVIDIA, Apple, and Microsoft lead the NASDAQ 100 Index. These leaders shape the index’s success.
| Company Name | Sector |
|---|---|
| NVIDIA Corporation | Technology |
| Apple Inc. | Technology |
| Microsoft Corporation | Technology |
Sector Distribution
The index leans heavily on tech, covering software, hardware, and semiconductors. It also has a presence in healthcare, consumer services, and telecom.
How ICICI Prudential’s Fund Tracks This Index
The ICICI Prudential NASDAQ 100 Index Fund mirrors the NASDAQ 100 Index. It does this by investing in the same stocks as the index. The fund’s strategy might use sampling or full replication.
Fund Inception and Growth
From the start, the ICICI Prudential NASDAQ 100 Index Fund has seen its assets grow. This shows more people are interested in the NASDAQ 100 Index.
Investment Methodology
The fund tracks the NASDAQ 100 Index by investing directly in its stocks. It might also use other financial tools to match the index’s performance.
Knowing how the ICICI Prudential NASDAQ 100 Index Fund works and what the NASDAQ 100 Index is about helps investors make better choices.
Future-Proof Profits: ICICI Prudential NASDAQ 100 Index Fund and Its Growth
The ICICI Prudential NASDAQ 100 Index Fund is a path to future profits. It tracks a top global index. Understanding the NASDAQ 100’s past performance is key for investors.
Historical Performance of the NASDAQ 100
The NASDAQ 100 Index has grown a lot over time. It has beaten many Indian indexes. Its 17.87% CAGR shows it’s a strong global performer.
10-Year Performance Analysis
In the last decade, the NASDAQ 100 has shown steady growth. Investors who stayed the course got big returns.
Comparison with Indian Indices
The NASDAQ 100 beats many Indian indexes. Its success comes from tech giants’ global reach and diverse portfolios.
Growth Projections for Tech-Focused Investments
Looking forward, tech investments look promising. The NASDAQ 100, heavy in tech, is set to benefit from new trends.
Innovation Trends Driving Growth
AI, cloud computing, and cybersecurity are boosting tech growth. Leading companies in these areas will likely keep delivering strong results.
Long-term Outlook for US Tech Sector
The US tech sector’s future looks bright. Experts predict more growth and innovation. Investing in the NASDAQ 100 Index Fund is a smart long-term choice.
A financial expert says, “The tech sector’s innovation and adaptability drive its growth.” This highlights the need to invest in tech through funds like the ICICI Prudential NASDAQ 100 Index Fund.
“The future belongs to those who believe in the beauty of their dreams.”
— Eleanor Roosevelt
This quote captures the spirit of investing in growth funds like the ICICI Prudential NASDAQ 100 Index Fund. Believing in innovative companies can lead to big rewards.
7 Key Benefits of Investing in This Fund
Investing in the ICICI Prudential NASDAQ 100 Index Fund can bring big rewards. It offers a mix of investment chances that meet different investor needs.
1. Exposure to Global Tech Giants
Investors get to see the growth of big tech names like Apple, Microsoft, and Alphabet. This lets them enjoy the benefits of these leading companies’ success.
2. Portfolio Diversification Opportunities
The fund helps diversify your portfolio by investing in many stocks from the NASDAQ 100 Index. This can lower risk and boost returns over time.
3. Rupee Cost Averaging Advantages
Investing a set amount regularly, no matter the market, is called rupee cost averaging. It can soften the blow of market ups and downs.
4. Professional Fund Management
Experienced pros manage the ICICI Prudential NASDAQ 100 Index Fund. They keep an eye on the market and make smart choices. This helps investors deal with market challenges.
| Benefit | Description |
|---|---|
| Exposure to Global Tech Giants | Gain exposure to leading tech companies |
| Portfolio Diversification | Reduce risk by diversifying your portfolio |
| Rupee Cost Averaging | Invest fixed amounts at regular intervals |
| Professional Fund Management | Benefit from experienced fund managers |
| Relatively Lower Expense Ratio | Save on costs with a competitive expense ratio |
| Hedge Against Rupee Depreciation | Protect your investments from currency fluctuations |
| Access to Innovation-Driven Growth | Tap into the growth of innovative companies |
5. Relatively Lower Expense Ratio
The fund has a lower expense ratio than many other options. This makes it a budget-friendly choice for investors.
6. Hedge Against Rupee Depreciation
Investing in a dollar-denominated index helps protect against rupee value drops. It safeguards investments from currency changes.
7. Access to Innovation-Driven Growth
The ICICI Prudential NASDAQ 100 Index Fund lets investors tap into the growth of leading tech companies. It’s a way to benefit from the latest tech advancements.
In summary, the ICICI Prudential NASDAQ 100 Index Fund is a great investment. It offers many benefits, making it a solid choice for those looking to diversify and grow their investments.
How the Fund Operates: Investment Strategy and Management
The fund’s team, led by Nitya Mishra, follows a strong investment plan. They aim to match the NASDAQ 100 Index. This plan combines skilled management and a clear asset allocation strategy.
Fund Managers and Their Approach
Nitya Mishra, the fund manager, has a lot of experience. She focuses on a strict investment plan. This plan is designed to mirror the NASDAQ 100 Index’s performance.
Experience and Expertise
Nitya Mishra knows how to handle tough market situations. Her knowledge helps her make smart investment choices.
Decision-Making Process
The team carefully studies market trends and the NASDAQ 100 Index. This helps keep the fund in line with its benchmark.
Asset Allocation Strategy
The strategy for asset allocation is to match the NASDAQ 100 Index. It spreads investments across different sectors and companies in the index.
Rebalancing Methodology
The fund rebalances regularly to stay with the NASDAQ 100 Index. This keeps the portfolio in sync with the index’s makeup.
Tracking Error Management
Managing tracking error is key to the fund’s success. The manager uses strategies to keep the fund’s returns close to the NASDAQ 100 Index’s.
| Key Aspects | Description |
|---|---|
| Fund Manager | Nitya Mishra |
| Investment Approach | Robust investment strategy to track NASDAQ 100 Index |
| Rebalancing Frequency | Periodic rebalancing to maintain alignment with NASDAQ 100 Index |
Performance Analysis: 5 Years of Returns and Benchmarks
The ICICI Prudential NASDAQ 100 Index Fund has shown strong growth over time. It’s a great option for those wanting to invest in global tech leaders.
Year-by-Year Performance Review
Looking closely at the fund’s performance, we see its strength and growth over the long term. It has given impressive returns, like a 1-year return of 26.85% and a 3-year return of 35.8%.
- 2022: The fund handled market ups and downs well, with a 10.2% return.
- 2021: It outdid many others with a 28.5% return.
- 2020: Even with the pandemic, it managed a 45.6% return.
Comparison with Benchmark Indices
The ICICI Prudential NASDAQ 100 Index Fund tracks the NASDAQ 100 Index. So, its performance closely matches this benchmark.
Performance During Market Volatility
The fund has proven it can handle market swings. It showed resilience during the COVID-19 crash.
COVID-19 Crash Response
In 2020, the fund showed it could handle tough market times caused by the pandemic. It recovered well and gave big returns.
Recovery Patterns
The fund’s recovery was strong, with steady growth after the COVID-19 crash. This shows its solid assets and smart management.
In summary, the ICICI Prudential NASDAQ 100 Index Fund’s performance analysis over five years highlights its value. It’s a key part of a well-rounded investment portfolio.
4 Risk Factors Indian Investors Should Consider
Investing in the ICICI Prudential NASDAQ 100 Index Fund has its risks. Indian investors need to know these risks to make smart choices.
1. Market Risks and Volatility
The ICICI Prudential NASDAQ 100 Index Fund faces market risks. These risks come from the NASDAQ 100 Index’s volatility. Market volatility can change the fund’s NAV.
2. Currency Exchange Risks
The NASDAQ 100 Index is in USD. Changes in the USD-INR exchange rate can impact the fund. Currency exchange risks can affect returns for Indian investors.
3. Concentration Risk in Tech Sector
The NASDAQ 100 Index focuses on technology stocks. This concentration risk means the fund’s performance is tied to the tech sector.
4. Regulatory and Geopolitical Risks
Changes in regulations or geopolitical events can impact the fund. Regulatory risks and geopolitical risks can change the market sentiment and the fund’s performance.
| Risk Factor | Description | Impact on Investment |
|---|---|---|
| Market Risks and Volatility | Fluctuations in the NASDAQ 100 Index | NAV fluctuations |
| Currency Exchange Risks | Changes in USD-INR exchange rate | Affects returns for Indian investors |
| Concentration Risk in Tech Sector | Heavy weighting towards technology stocks | Tied to tech sector’s performance |
| Regulatory and Geopolitical Risks | Changes in regulations or geopolitical events | Impacts market sentiment and fund performance |
Understanding these risks helps Indian investors make better choices about the ICICI Prudential NASDAQ 100 Index Fund.
3 Ways to Invest in ICICI Prudential NASDAQ 100 Index Fund
There are three main ways to invest in the ICICI Prudential NASDAQ 100 Index Fund. These options suit different investment plans and risk levels. They offer flexibility for investors.
Lump Sum Investment Process
A lump sum investment means putting a big amount into the fund all at once. It’s good for those with a large sum ready to invest right away.
Online Investment Steps
Investors can invest online through the ICICI Prudential website or other approved sites. The steps include filling out a form, uploading documents, and paying the investment amount.
Offline Application Process
Those who like offline investing can fill out a physical form. Then, they can submit it to a branch or an authorized center.
Systematic Investment Plan (SIP) Options
SIP lets investors put in a set amount at regular times, like monthly or quarterly. This method helps smooth out market ups and downs.
Monthly vs. Quarterly SIP
Investors can pick between monthly or quarterly SIPs. This choice depends on their financial plans and cash flow.
SIP Calculators and Planning
Using SIP calculators helps investors plan. They can estimate how much they might earn from their investments.
Systematic Transfer Plan (STP)
STP means moving a fixed amount from one fund to another at set times. It’s good for managing risk.
Benefits for Risk-Averse Investors
STP is great for those who are cautious about risk. It lets them slowly invest in a more volatile fund.
Implementation Strategy
Before starting an STP, investors should think about their financial goals and how much risk they can handle.
Tax Implications for Indian Investors
It’s important for Indian investors to know about the taxes on the ICICI Prudential NASDAQ 100 Index Fund. We’ll look at both short-term and long-term capital gains tax.
Short-term Capital Gains Tax
Short-term capital gains tax is for investments held for less than a certain time. Let’s get into the details.
Holding Period Definition
For equity funds like the ICICI Prudential NASDAQ 100 Index Fund, a short-term holding is less than 12 months.
Tax Rate and Calculation
The tax rate for short-term gains is 15% plus any extra charges. You find the gain by subtracting the cost from the sale price.
Long-term Capital Gains Tax
Long-term capital gains tax kicks in when you hold investments for more than a certain time. Let’s dive into the specifics.
Exemption Limits
For long-term gains, you can earn up to ₹1 lakh tax-free in a year. Anything more than that is taxed.
Indexation Benefits
The ICICI Prudential NASDAQ 100 Index Fund doesn’t offer indexation benefits. But knowing about it is key. Indexation helps reduce taxable gains by adjusting for inflation.
Tax-Efficient Investment Strategies
There are ways to lower your tax bill.
ELSS vs. International Funds
ELSS funds offer tax breaks under Section 80C. But international funds like the ICICI Prudential NASDAQ 100 Index Fund are taxed on gains. Knowing the difference helps in making choices.
| Investment Type | Tax Benefits | Tax Implications |
|---|---|---|
| ELSS | Deduction under Section 80C | Subject to capital gains tax |
| International Funds | No deduction under Section 80C | Subject to capital gains tax |
Tax Harvesting Opportunities
Tax harvesting means selling losing investments to reduce tax on gains. It’s useful for actively managed portfolios. Knowing about it is helpful.
Understanding taxes and using smart strategies can help Indian investors get the most from the ICICI Prudential NASDAQ 100 Index Fund.
Comparing with 5 Other International Index Funds in India
It’s key to compare the ICICI Prudential NASDAQ 100 Index Fund with other funds in India. This helps investors see how it stacks up in terms of performance and fees. It also sheds light on other important factors.
ICICI Prudential NASDAQ 100 vs. Motilal Oswal NASDAQ 100 ETF
The ICICI Prudential NASDAQ 100 Index Fund and Motilal Oswal NASDAQ 100 ETF both track the NASDAQ 100 index. Yet, they differ in their expense ratios and how well they track the index.
Comparison with S&P 500 Index Funds
S&P 500 Index Funds, like those from Motilal Oswal and HDFC, follow the S&P 500 index. This gives investors a chance to pick between the US and NASDAQ 100 markets.
Benchmarking Against European Index Funds
European Index Funds, such as the Franklin FTSE Europe UCITS ETF, focus on European markets. Comparing them with the ICICI Prudential NASDAQ 100 Index Fund helps investors spread their investments.
Fee Structure Comparison
| Fund Name | Expense Ratio |
|---|---|
| ICICI Prudential NASDAQ 100 Index Fund | 0.53% |
| Motilal Oswal NASDAQ 100 ETF | 0.58% |
| HDFC S&P 500 ETF | 0.45% |
Performance Benchmarking
Comparing the ICICI Prudential NASDAQ 100 Index Fund with other funds shows its performance. It has done well, mainly when tech stocks are growing.
In conclusion, comparing the ICICI Prudential NASDAQ 100 Index Fund with other funds in India is very useful. It gives insights into its performance, fees, and investment strategy. This helps investors make better choices for their portfolios.
Ideal Investor Profile: Who Should Consider This Fund
Exploring the ICICI Prudential NASDAQ 100 Index Fund reveals who benefits most. It’s perfect for those with a long-term view and a moderate to high-risk tolerance.
Risk Appetite Assessment
Knowing your risk level is key when looking at the ICICI Prudential NASDAQ 100 Index Fund. The fund’s performance is linked to the tech-heavy NASDAQ 100 Index, which can be unpredictable.
Conservative Investors
For conservative investors, this fund might be too risky. Its tech sector exposure can lead to big swings.
Moderate Risk Takers
Moderate risk takers might consider this fund. They can mix it with safer investments to balance their portfolio.
Aggressive Investors
Aggressive investors looking for big returns might find this fund appealing. Its growth prospects are high.
Investment Horizon Recommendations
Your investment time frame is key to choosing this fund.
Short-term Goals (1-3 years)
This fund isn’t ideal for short-term goals. Its volatility and the NASDAQ 100 Index’s history of ups and downs are concerns.
Medium-term Goals (3-7 years)
For medium-term goals, this fund could work. But, be ready for market downturns.
Long-term Goals (7+ years)
The ICICI Prudential NASDAQ 100 Index Fund is best for long-term goals. It helps you navigate market ups and downs and benefits from tech giants’ growth.
Portfolio Allocation Suggestions
It’s important to spread out your investments.
Percentage Allocation Models
One approach is to set a percentage of your portfolio for international funds like this one. This depends on your risk tolerance and goals.
Balancing with Domestic Investments
Also, balance international funds with domestic ones. This helps manage risks from currency changes and global events.
Conclusion: Making an Informed Investment Decision
Our analysis of the ICICI Prudential NASDAQ 100 Index Fund shows it’s a great chance to invest in global tech giants. This fund tracks the NASDAQ 100 Index. It gives you a peek into the future of tech through innovative companies.
When you’re thinking about investing, remember your risk level, how long you can wait for returns, and your current investments. The ICICI Prudential NASDAQ 100 Index Fund is good for those wanting to spread their investments. It’s perfect for those who believe in the tech sector’s growth.
To choose wisely, look at the fund’s past performance, risks, and taxes. This helps you see if it fits your financial goals and how much risk you’re okay with.
In short, the ICICI Prudential NASDAQ 100 Index Fund is a strong choice for the future. We suggest you think carefully about your investment options. Make a choice that matches your financial needs.
FAQ
What is the ICICI Prudential NASDAQ 100 Index Fund?
The ICICI Prudential NASDAQ 100 Index Fund is an investment that follows the NASDAQ 100 Index. It gives you access to the top 100 non-financial stocks on the NASDAQ stock exchange.
How does the ICICI Prudential NASDAQ 100 Index Fund track the NASDAQ 100 Index?
The fund tracks the NASDAQ 100 Index by investing in the same stocks as the index. It does this in the same proportions to keep tracking error low.
What are the benefits of investing in the ICICI Prudential NASDAQ 100 Index Fund?
Investing in this fund offers many benefits. You get to invest in global tech giants and diversify your portfolio. It also helps with rupee cost averaging and has a low expense ratio.
What are the risks associated with investing in the ICICI Prudential NASDAQ 100 Index Fund?
There are risks involved. The fund faces market risks, currency exchange risks, and risks from the tech sector. It also deals with regulatory and geopolitical risks.
How can I invest in the ICICI Prudential NASDAQ 100 Index Fund?
You can invest in the fund in several ways. You can do a lump sum investment, a Systematic Investment Plan (SIP), or a Systematic Transfer Plan (STP). Choose what fits your goals and risk level.
What are the tax implications of investing in the ICICI Prudential NASDAQ 100 Index Fund?
The fund is taxed on short-term and long-term capital gains. Investors can use strategies to lower their tax liability.
How does the ICICI Prudential NASDAQ 100 Index Fund compare with other international index funds in India?
The fund can be compared with others like the Motilal Oswal NASDAQ 100 ETF. Look at their fees, performance, and investment strategies.
Who is the ideal investor for the ICICI Prudential NASDAQ 100 Index Fund?
The fund is best for those who are willing to take risks and have a long-term view. It’s for those who want to diversify with global tech giants.
How is the fund managed, and what is the asset allocation strategy?
Experienced managers run the fund. They use a disciplined approach and asset allocation to manage risk and aim for high returns.
What is the historical performance of the NASDAQ 100 Index, and how has the fund performed in the past?
The NASDAQ 100 Index has a strong history. The fund has closely followed the index, giving investors a chance to tap into the tech sector’s growth.