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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Launch Date05 Nov 2026

Closing Date17 Nov 2026

Allotment Date18 Nov 2026

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Closing Date04 Nov 2026

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Closing Date06 Nov 2026

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Closing Date13 Nov 2026

Allotment Date16 Nov 2026

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Closing Date02 Nov 2026

Allotment Date05 Nov 2026

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Invesco India Silver Etf – Demat Only

Very High Risk | Equity

Launch Date27 Oct 2026

Closing Date09 Nov 2026

Allotment Date12 Nov 2026

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Closing Date09 Nov 2026

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Closing Date30 Oct 2026

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Closing Date27 Oct 2026

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Quant Silver Etf – Demat Only

High Risk | Equity

Launch Date17 Aug 2026

Closing Date19 Aug 2026

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Closing Date28 Aug 2026

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Closing Date15 Jul 2026

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Groww Nifty Cements Etf – Demat Only

Very High Risk | Equity

Launch Date08 Jul 2026

Closing Date22 Jul 2026

Allotment Date29 Jul 2026

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Closing Date15 Jul 2026

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Hsbc Gold Etf – Demat Only

Very High Risk | Equity

Launch Date16 Mar 2026

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Closing Date13 Mar 2026

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Closing Date11 Dec 2025

Allotment Date22 Dec 2025

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Bandhan Silver Etf – Demat Only

Very High Risk | Equity

Launch Date01 Dec 2025

Closing Date03 Dec 2025

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Dsp Nifty Midcap 150 Etf – Demat Only

Select Risk Level | Equity

Launch Date24 Nov 2025

Closing Date08 Dec 2025

Allotment Date08 Dec 2025

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Launch Date21 Nov 2025

Closing Date01 Dec 2025

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Closing Date05 Dec 2025

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Closing Date01 Dec 2025

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Launch Date14 Nov 2025

Closing Date26 Nov 2025

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Closing Date25 Nov 2025

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Allotment Date24 Nov 2025

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Launch Date10 Nov 2025

Closing Date24 Nov 2025

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Dsp Msci India Etf – Demat Only

Low To Moderate Risk | Equity

Launch Date10 Nov 2025

Closing Date17 Nov 2025

Allotment Date21 Nov 2025

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Launch Date07 Nov 2025

Closing Date21 Nov 2025

Allotment Date26 Nov 2025

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Closing Date10 Nov 2025

Allotment Date01 Jan 2013

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Launch Date06 Nov 2025

Closing Date20 Nov 2025

Allotment Date27 Nov 2025

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Edelweiss Nifty 50 Etf – Demat Only

Very High Risk | Equity

Launch Date03 Nov 2025

Closing Date17 Nov 2025

Allotment Date24 Nov 2025

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Launch Date31 Oct 2025

Closing Date04 Nov 2025

Allotment Date10 Nov 2025

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Closing Date12 Nov 2025

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Launch Date31 Oct 2025

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Launch Date28 Oct 2025

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Closing Date07 Nov 2025

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Launch Date10 Oct 2025

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Closing Date17 Oct 2025

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Closing Date15 Oct 2025

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Closing Date15 Oct 2025

Allotment Date23 Oct 2025

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Launch Date03 Oct 2025

Closing Date17 Oct 2025

Allotment Date27 Oct 2025

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Bandhan Silver Etf – Demat Only

Very High Risk | Equity

Launch Date13 Oct 2025

Closing Date15 Oct 2025

Allotment Date17 Oct 2025

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Launch Date01 Oct 2025

Closing Date15 Oct 2025

Allotment Date22 Oct 2025

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Launch Date06 Oct 2025

Closing Date20 Oct 2025

Allotment Date28 Oct 2025

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Launch Date03 Oct 2025

Closing Date17 Oct 2025

Allotment Date24 Oct 2025

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Launch Date10 Jun 2025

Closing Date24 Jun 2025

Allotment Date27 Jun 2025

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Closing Date23 Jun 2025

Allotment Date25 Jun 2025

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Closing Date23 Jun 2025

Allotment Date27 Jun 2025

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Closing Date19 Jun 2025

Allotment Date25 Jun 2025

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Launch Date05 Jun 2025

Closing Date19 Jun 2025

Allotment Date25 Jun 2025

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Launch Date13 Jun 2025

Closing Date27 Jun 2025

Allotment Date04 Jul 2025


Testimonial

Genuine Review Form Statisifed Customers

4.7 Out of 5 (28243 Reviews)

Starting my SIP journey with KSquare was the best decision. Their platform is intuitive, and I feel secure knowing my money is growing steadily.

Tanya Arora

Tanya Arora

Teacher

I enrolled in NPS through KSquare and found their portal extremely intuitive. Their team guided me at every step.

Shruti Anand

Shruti Anand

UX Researcher

KSquare gave me confidence to grow wealth in India from abroad. The onboarding was smooth, and they guided me at every step.

Yash Khanna

Yash Khanna

Engineer

My dream vacation finally happened through planned SIP savings with KSquare. They track progress regularly and make sure goals never slip. A wonderful financial planning experience for every family.

Sana Khan

Sana Khan

KSquare helped me choose the right pension fund with detailed comparisons. Their expert team made everything clear.

Karan Mehra

Karan Mehra

IT Solutions Architect

Thanks to KSquare, I’ve finally started saving regularly. Their SIP structure fits my needs, and I feel much more confident about my financial future.

Ritika Shah

Ritika Shah

Pharmacist

KSquare stands out with their personalized approach to NRI investing. Their team’s insights and professionalism are unmatched.

Neel Sharma

Neel Sharma

Real Estate Analyst

KSquare’s SIP has brought structure to my investment plan. It's great for disciplined investing, and the automation ensures I never miss a payment. Very happy with the service so far!

Ankit Desai

Ankit Desai

Entrepreneur

I feel empowered thanks to KSquare. Their NRI Corner is well-structured, and the financial advice is incredibly relevant and actionable.

Sanya Roy

Sanya Roy

NGO Director

KSquare’s guidance was top-tier. I felt informed and in control during the entire loan process. Truly reliable.

Meenal Shah

Meenal Shah

Content Manager

FAQ's

Frequenlty Asked Question

Can NRIs get a loan against mutual funds with KSquare?

Some lenders allow NRIs to avail loans. KSquare helps identify NRI-eligible lenders and assists with documentation.

What documents are required to invest in mutual funds via KSquare?

You need a PAN card, Aadhaar, bank details, and address proof for KYC verification before starting investments.

Can I invest in an NFO online with KSquare?

Yes, KSquare’s digital platform enables secure and quick online investments in NFOs with just a few clicks.

How is SIP different from recurring deposits?

Unlike fixed-interest recurring deposits, SIP returns are market-linked and offer higher growth potential with some risk.

What is a New Fund Offering (NFO) in mutual funds?

A New Fund Offering is the first-time subscription launch of a new mutual fund scheme by an asset management company.

Can I invest in SIPs from abroad with KSquare?

Yes, NRIs can set up SIPs through their NRE/NRO accounts. KSquare automates the process for convenience.

Can I nominate someone in India for my investments?

Yes, NRIs can nominate any Indian resident for their mutual fund holdings and other financial assets via KSquare.

Will I get tax benefits through SIP investments?

Yes, SIPs in ELSS funds qualify for tax deductions under Section 80C up to ₹1.5 lakh annually.

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Ksquare Timeline Pvt. Ltd. is an AMFI Registered Mutual Fund Distributor having ARN No. 146262. Mutual Fund investments are subject to market risks. Please read all scheme related documents carefully before investing. This website is intended only for informational and self-help purposes and should not be considered as investment advice or return guarantee. Past performance is not indicative of future results. Terms & Conditions apply.