AMFI - Registered Mutual Fund Distributor

ICICI Prudential Nifty Top 15 Equal Weight Index Fund Direct Growth

Very High Risk | Equity

Fund Overview

Launch Date

10 Jun 2025

End Date

24 Jun 2025

Allotment Date

27 Jun 2025

NAV

₹10.00

Expense Ratio, Exit Load & Tax

Expense ratio

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

₹1000

Min. for 2nd investment onwards

₹1000

Min. for SIP

₹1000

Fund Managment

Nishit Patel

Jun 2025 - Present

Education

Mr. Patel is a B.Com & Chartered Accountant

Experience

Prior to joining ICICI Prudential Mutual fund, he has worked with K.K.Dand & Co.

Fund House & Investment Objective

ICICI Prudential Mutual Fund

Rank(total assets)

#3 in India

Date of Incorportation

12/10/1993

Total AUM

₹9,56,306.15Cr

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

Address

One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051

Phone

NA

Launch Fund Date

12 Oct 1993

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Hsbc Gold Etf – Demat Only

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Very High Risk | Equity

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Select Risk Level | Equity

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Closing Date08 Dec 2025

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Low To Moderate Risk | Equity

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Very High Risk | Equity

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Very High Risk | Equity

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Closing Date15 Oct 2025

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Closing Date15 Oct 2025

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Closing Date27 Jun 2025

Allotment Date04 Jul 2025


Testimonial

Genuine Review Form Statisifed Customers

4.9 Out of 5 (10896 Reviews)

Thanks to KSquare, I purchased my first car without loans. The SIP plan was perfectly calculated and aligned with my budget, making everything financially smooth and stress-free.

Harsh Mehta

Harsh Mehta

I used to avoid NFOs due to uncertainty. KSquare’s clear data and investor tools changed my mind. Now, I feel fully informed and prepared.

Ankita Pillai

Ankita Pillai

Tour Operator

I use KSquare to manage my NRI investments. They provide clarity, legal compliance, and reliable support every step of the way. Excellent platform!

Siddharth Jain

Siddharth Jain

Business Owner

I’m impressed by how easy KSquare made mutual fund investing. Their platform is clean, quick, and their support staff is always ready to help.

Reena Saxena

Reena Saxena

Art Teacher

KSquare offered me instant financial flexibility through my portfolio. Their team was responsive and professional.

Siddharth Iyer

Siddharth Iyer

Data Analyst

KSquare’s NPS support was practical and transparent. They helped me compare options and choose what’s best for my future.

Naveen Thakkar

Naveen Thakkar

Chartered Accountant

KSquare’s service was fast, transparent, and easy to follow. Perfect for someone like me who needed quick access to funds.

Pooja Khurana

Pooja Khurana

Pediatric Nurse

KSquare helped me understand what to expect from each NFO. Their breakdown of fund strategy and goals made my investment decision very easy.

Yuvraj Sinha

Yuvraj Sinha

Chemical Analyst

KSquare provided a practical solution without liquidating my investments. I’m grateful for their clarity and quick process.

Amit Suresh

Amit Suresh

Logistics Supervisor

I’ve used a few platforms before, but KSquare is easily the most user-centric. Their mutual fund tools make planning easy and returns trackable.

Ketan Ghosh

Ketan Ghosh

Export Manager

FAQ's

Frequenlty Asked Question

Are SIPs better than lump sum investments?

SIPs help average out market volatility over time, making them a safer and more consistent choice than lump sum investing.

What fees or charges are involved in mutual fund investing?

Mutual funds may have expense ratios and exit loads. KSquare discloses all charges clearly before you invest.

What is the ideal duration for a SIP investment?

The longer the duration, the better the returns. Ideally, stay invested for at least 5–10 years for best results.

How do I track mutual fund performance on KSquare?

KSquare offers a dashboard where you can view real-time NAV, portfolio value, returns, and performance trends.

Can I plan for a home or car purchase through SIP?

Absolutely, SIPs help accumulate funds steadily over time so major purchases like home or car become financially stress-free.

Can I switch between mutual funds on KSquare?

Yes, you can easily switch between funds on the KSquare platform based on your strategy or market movements.

What services does KSquare offer for NRIs in India?

KSquare provides investment solutions, tax planning, mutual funds access, and portfolio management tailored specifically for NRIs.

What types of accounts are required for NRI investments?

NRIs need either an NRE or NRO account to start investing through KSquare, depending on fund repatriation needs.

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