Fundalysisby DARKHORSESTOCKS

Scheme

ICICI Prudential Nifty50 Value 20 Index Fund

Holds 20 companies worth ₹94.5 Cr in Sept 2026.

  • Fund house

    ICICIThe fund house that runs this scheme.

  • AUM

    ₹94.5 CrICICI Prudential Nifty50 Value 20 Index Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.4% on Aug 2026, ₹98.9 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 14.7% of this scheme's NAV.

  • Fund manager

    Nishit PatelRuns its co-manager part since 2 Feb 2024, as the fund house dates it. With Ashwini Bharucha (co-manager), Venus Ahuja (co-manager).

Overview(7 Nov 2025)

Fund managers3

  1. Nishit PatelCo-manager · Feb 2024 · 7y · B.Com
  2. Ashwini BharuchaCo-manager · Dec 2024
  3. Venus AhujaCo-manager · Nov 2025 · 3y · B.Com
  1. Ashwini ShindeDec 2024 – Nov 2025

Key facts

Benchmark
Nifty50 Value 20 TRI
Expense
Regular 0.68% · Direct 0.25%
Exit load
Nil
Started
2 Feb 2024
Minimum
₹100

Source.Its Scheme Summary Document as of 7 Nov 2025 at AMFI.

What changed(4 changes)

Nov 2025

4 changes
  1. Expense ratio
    7 NovRegular 0.75% → 0.68%Direct 0.3% → 0.25%
  2. Ashwini Bharucha joined
    6 Novas co-manager
  3. Venus Ahuja joined
    6 Novas co-manager
  4. Ashwini Shinde left
    6 Novran it as co-manager from Dec 2024

Source.Its filings at NSE, since Dec 2024.

Fund managers over time(Feb 2024 – now)

  1. Nishit Patel
  2. Ashwini Bharucha
  3. Venus Ahuja
  4. Ashwini Shinde
MainCoSlice2025
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Dec 2024 – Nov 2025)

Every change to the expense ratio, newest first.
2 changesRegularDirectΔ pt
7 Nov 20250.68%0.25%0.05
26 Dec 20240.75%0.30%–
Direct plan, 7 Nov 2025
0.25%
Regular plan 0.68% · Exit load nil
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(7 Nov 2025)

Objective

The objective of the Scheme is to invest in companies whose securities are included in Nifty50 Value 20 Index in the same weightage that they represent in Nifty50 Value 20 Index in order to achieve the returns of the above index, subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.

Risk, type and benchmark

At launch
Very High
Type
Open Ended
Benchmark
Nifty50 Value 20 TRI

Asset allocation it may hold% of NAV

  1. Equity and Equity related securities of companies constituting the underlying index (Nifty50 Value 20 Index)
    Allowed95–100%Holds100.0%
  2. Money Market instruments including TREPs* and units of debt schemes
    Allowed0–5%

Holds in Sept 2026.100.0% equity

How to invest(7 Nov 2025)

Buying

To start
₹100, then in multiples of ₹1
To add
₹100, then in multiples of ₹1
SIP how often
Daily,Weekly,Fortnightly,Monthly,Quarterly
SIP dates
Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for SIP falls on a Non-Business Day or on a date which is not available in a particular month, the SIP will beprocessed on the immediate next Business Day.
SIP minimum
Daily,Weekly,Fortnightly,Monthly = Rs. 100 Quarterly = Rs. 100, then re. 1/-
SIP instalments
Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4

Selling and switching

To redeem
Any amount
Switch minimum
₹100
Switch multiples
Any amount
STP how often
Daily,Weekly,Fortnightly,Monthly,Quarterly
STP dates
Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for STP falls on a non-business day or on a day which is not available in a particular month, the STP will be processed on the immediate next business day.
STP minimum
Monthly, Weekly, Quarterly = Rs. 1,000 Daily = Rs. 250, then re. 1/-
STP instalments
Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4
SWP how often
Monthly,Quarterly, Half Yearly,Annual
SWP dates
Monthly = Any day* Quarterly= Any day* Half Yearly = Any day* Annual = Any day* *In case none of the frequencies has been selected then Monthly frequency shall be considered as the Default frequency and where no withdrawal date is selected, 1st business day of the month shall be considered as the default SWP date.
SWP instalments
Monthly,Quarterly, Half Yearly,Annual = 2

Scheme details(7 Nov 2025)

What it is

Category
Other Schemes - Index Funds
Offer
15 Jan 2024 to 29 Jan 2024
Started
2 Feb 2024
Reopened
7 Feb 2024
Plans
ICICI Prudential Nifty50 Value 20 Index Fund - Direct Plan - Growth · ICICI Prudential Nifty50 Value 20 Index Fund - Direct Plan - IDCW · ICICI Prudential Nifty50 Value 20 Index Fund - Growth · ICICI Prudential Nifty50 Value 20 Index Fund - IDCW
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
HDFC Bank Limited, SBI-SG Global Securities Services Pvt. Ltd., Citibank N. A. and Hongkong and Shanghai Banking Corporation Limited (HSBC)
Auditor
M/s BSR & Co. LLP
Registrar
Computer Age Management Services Limited
SEBI code
ICIC/O/O/EIN/21/11/0132