ICICI Prudential Launches Nifty200 Quality 30 Index Fund
The scheme replicates the Nifty200 Quality 30 Index, which aims to invest in companies with high return on equity (ROE), financial leverage, and stable earnings. These metrics are considered signs of quality businesses with efficient capital allocation
It follows a passive, rules-based strategy that replicates an index that selects 30 high-quality stocks from the Nifty 200 universe, ensuring transparency and discipline in portfolio construction
The Scheme provides investors an opportunity to build long-term wealth by owning a portfolio of fundamentally strong companies, particularly at a time when quality stocks are available at reasonable valuations
MUMBAI: ICICI Prudential Mutual Fund announces the launch of the ICICI Prudential Nifty200 Quality 30 Index Fund, an open-ended index scheme replicating the Nifty200 Quality 30 Index. This strategy is built on the ‘Quality’ factor, one of the foundational pillars of factor investing, which emphasises investing in financially sound businesses with strong fundamentals.
Factor investing in general targets key performance drivers such as quality, momentum, low volatility, value, and size to optimise returns while managing risk. This new Scheme aims to provide investors with access to a curated portfolio of 30 companies from the Nifty 200 universe that score high on key quality parameters, including Return on Equity, a low Debt-to-Equity ratio, and stable earnings growth.
Abhijit Shah, Chief Marketing and Digital Business Officer at ICICI Prudential AMC, said: “Through this product, we aim to offer investors a scheme that brings together the core principles of quality investing—resilience, efficiency, and relative stability. This scheme is suitable for those looking to build long-term wealth using a transparent, rule-based approach that has historically performed well during market downturns.”
The Nifty200 Quality 30 Index has consistently outperformed broader indices during turbulent periods, such as the Global Sell-off (2015-16), the COVID-19 pandemic (2020), and the Ukraine crisis (2021-22), highlighting its defensive characteristics. (Refer to the graph below)
Why Invest in This Scheme?
Rule-based and Transparent: Stock selection and weights are derived entirely through index methodology.
Lower Cost: Passive structure ensures a low expense ratio.
Systematic Investment Ready: Available for SIP, STP, and SWP options.
Market Downside Resilience: Historically outperformed in times of market stress.
Key Features:
Index Methodology: The index selects the top 30 stocks from the Nifty 200 universe based on a composite quality score. For non-financial stocks, the score equally weights ROE, the inverse of Debt-to-Equity, and earnings growth variability. For financials, it considers the return on equity (ROE) and earnings variability.
Top Sectors: As of April 30, 2025, the index is diversified across sectors, including FMCG, IT, Financial Services, and Industrials.
Rolling Returns: Over 1, 5, and 10-year periods, the Nifty200 Quality 30 TRI has demonstrated higher average rolling returns compared to the Nifty 50 TRI and Nifty 200 TRI
Long-Term Performance: Since April 1, 2005, the index has delivered a CAGR of 18.0%, compared to 14.5% for the Nifty 200 and Nifty 50.
Scheme Details:
Exit Load: Nil
Minimum SIP Amount: ₹1,000* (6 minimum instalments)
Benchmark: Nifty200 Quality 30 TRI
Fund Managers: Mr. Nishit Patel and Ms. Ashwini Shinde
* For Daily, Weekly, Fortnightly, Monthly, and Quarterly SIP. Minimum instalments for quarterly frequency are 4.
Riskometer & Disclaimers:
Disclaimer by the National Stock Exchange of India Limited: It is to be distinctly understood that the permission given by National Stock Exchange of India Limited (NSE) should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the ‘Disclaimer Clause of NSE’.
Disclaimer by the BSE Limited: It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed to mean that the SID has been cleared or approved by BSE Limited, nor does it certify the correctness or completeness of any of the contents of the SID. The investors are advised to refer to the SID for the full text of the Disclaimer Clause of the BSE Limited
Disclaimer of NSE Indices Limited: The Products offered by “ICICI Prudential Mutual Fund/ICICI Prudential Asset Management Company Limited” or its affiliates are not sponsored, endorsed, sold, or promoted by NSE Indices Limited (NSE Indices) and its affiliates. NSE Indices and its affiliates do not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) to the owners of these Products or any member of the public regarding the advisability of investing in securities generally or in the Products linked to their underlying indices to track general stock market performance in India. Please read the full Disclaimers about the underlying indices in the respective Scheme Information Document.
Mutual Fund investments are subject to market risks. Read all scheme-related documents carefully.
Disclaimer: All figures and other data given in this document are dated as of April 30, 2025, unless stated otherwise. The same may or may not be relevant at a future date. The information shall not be altered in any way, transmitted to, copied, or distributed, in part or in whole, to any other person or the media, or reproduced in any form, without the prior written consent of ICICI Prudential Asset Management Company Limited (the AMC). Prospective investors are advised to consult their own legal, tax, and financial advisors to determine possible tax, legal, and other financial implications or consequences of subscribing to the units of ICICI Prudential Mutual Fund.
Disclaimer: In the preparation of the material contained in this document, the AMC has used publicly available information, including information developed in-house. Some of the material(s) used in the document may have been obtained from members/persons other than the AMC and/or its affiliates, and may have been made available to the AMC and/or to its affiliates. Information gathered and material used in this document are believed to be from reliable sources. The AMC, however, does not warrant the accuracy, reasonableness, and/or completeness of any information. We have included statements/opinions/recommendations in this document, which contain words, or phrases such as “will”, “expect”, “should”, “believe”, and similar expressions or variations of such expressions, that are “forward-looking statements”. Actual results may differ materially from those suggested by the forward looking statements due to risk or uncertainties associated with our expectations to, but not limited to, exposure to market risks, general economic and political conditions in India and other countries globally, which have an impact on our services and/or investments, the monetary and interest policies of India, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or other rates or prices etc. ICICI Prudential Asset Management Company Limited (including its affiliates), the Mutual Fund, The Trust and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of this material in any manner. Further, the information contained herein should not be construed as a forecast or a promise. The recipient alone shall be fully responsible/are liable for any decision taken on this material.
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