ICICI Pru Smallcap 250 Momentum Quality 100 Index Fund
The ICICI Pru Smallcap 250 Momentum Quality 100 Index Fund is a New Fund Offer (NFO) launching on January 17th. This index fund seeks to track the performance of the Nifty Smallcap 250 Momentum Quality 100 Index, which selects 100 small-cap companies based on their recent price performance (momentum) and financial strength (quality).
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Plans starting from₹1000/month
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Investment Plans
Generate wealthEarn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^On premiums (under 80C) and on maturity (under 10(10D))
ICICI Pru Small Cap 250 Momentum Quality 100 Index Fund
What is the ICICI Pru Smallcap 250 Momentum Quality 100 Index Fund?
The ICICI Pru Smallcap 250 Momentum Quality 100 Index Fund is a New Fund Offering (NFO) launching on 17th January 2025 index fund that aims to replicate the performance of the Nifty Smallcap 250 Momentum Quality 100 Index. This index tracks the performance of 100 small-cap companies selected from the broader Nifty Smallcap 250 index based on a combination of momentum and quality factors. Momentum considers the company's recent price performance, while quality factors assess its financial health and profitability. By investing in this fund, investors gain exposure to a diversified portfolio of small-cap companies with strong growth potential, selected based on their recent performance and robust financial fundamentals.
Highlights of ICICI Pru Smallcap 250 Momentum Quality 100 Index Fund
Particulars
Details
Benchmark Index
Smallcap 250 Momentum Quality 100 Index
Benchmark Index Returns
10-Year Returns: 22% p.a.
Risk Profile
High
NFO Launch Date
17th January 2025
NFO Duration
17th to 31st January 2025
Current NAV
₹10
Minimum Investment
₹2,400 per month
What is the Smallcap 250 Momentum Quality 100 Index Fund?
The Nifty Smallcap 250 Momentum Quality 100 Index is a benchmark that tracks the performance of 100 small-cap companies selected from the broader Nifty Smallcap 250 index. These companies are chosen based on a combination of momentum and quality factors. Momentum considers the company's recent price performance, while quality factors assess its financial health and profitability. This index aims to capture the potential for higher growth and returns offered by small-cap companies while incorporating factors that may indicate long-term sustainability.
Smallcap 250 Momentum Quality 100 Index With Other Indices
Index Name
5 Year Returns
10 Year Returns
NIFTY Smallcap 250 Momentum Quality 100
32.6%
22%
NIFTY Smallcap 250
32.1%
17.8%
NIFTY Midcap 150
29.4%
19.9%
NIFTY 50
16.2%
13.1%
[Source: nseindia.com] Data updated as of December 31, 2024.
Sector Representation of Smallcap 250 Momentum Quality 100 Index
Top Sectors
Weightage of Invested Assets
Financial Services
22.62%
Healthcare
14.23%
Capital Goods
12.44%
Information Technology
7.88%
Fast Moving Consumer Goods
6.53%
Chemicals
6.01%
Consumer Durables
4.77%
Services
4.45%
Oil, Gas & Consumable Fuels
4.10%
Construction
3.97%
Metals & Mining
3.10%
Automobile and Auto Components
2.73%
Realty
2.28%
Consumer Services
1.94%
Forest Materials
1.38%
Telecommunication
0.99%
Textiles
0.20%
Media, Entertainment & Publication
0.27%
[Source: nseindia.com] Data updated as of December 31, 2024.
Few Constituents of Smallcap 250 Momentum Quality 100 Index
How To Buy ICICI Pru Smallcap 250 Momentum Quality 100 Index Fund From Policybazaar?
To invest in the ICICI Pru Smallcap 250 Momentum Quality 100 Index Fund through Policybazaar:
Step 1: Start by entering your name and phone number.
Note: Your details are kept confidential and will only be used to customize your benefits.
Step 2: View available plans by clicking "View Plans."
Step 3: Provide your city, age, and income to receive customized investment options.
Step 4: After providing your personal information, you'll be presented with ICICI Pru Investment Plans on a blue and red card. Select the ICICI Pru Smallcap 250 Momentum Quality 100 Index Fund option that best suits your needs from the following options:
Step 5: Learn more about the fund by clicking "Get Details" or consult with an expert by clicking "Talk to an Expert."
Step 6: Review the plan details and click "Proceed" when ready.
Step 7: Enter the investment amount and select the payment method.
Step 8: Provide necessary KYC information for regulatory compliance.
Step 9: Complete the payment and receive purchase confirmation.
What Are the Benefits of Purchasing the ICICI Pru Smallcap 250 Momentum Quality 100 Index Fund From Policybazaar?
Investing through Policybazaar offers several key benefits:
Convenience: Invest in the ICICI Pru Smallcap 250 Momentum Quality 100 Index Fund digitally, saving time and effort by avoiding bank visits or dealing with agents.
Informed Decisions: Compare various investment options, including the newest funds, to make well-researched choices and secure the best deals.
Expert Guidance: Receive professional advice to choose the NFO plan that best suits your financial objectives and needs.
Tax Advantages: Benefit from tax savings under Sections 80C and 10(10D) of the Income Tax Act by investing through Policybazaar.
FAQs
What are the tax benefits under the ICICI Pru Smallcap 250 Momentum Quality 100 Index Fund?
You can avail of the following tax benefits of investing in the TATA Multicap Momentum Quality Index Fund:
Section 80C: You can claim tax benefits under Section 80C of the Income Tax Act, 1961. It allows a deduction of up to ₹1.5 lakhs from taxable income for the invested amount in TATA AIA.
Section 10(10D): You can utilize Section 10(10D) benefits for your investments in ICICI Pru New Fund Offering (NFO). This benefit is applicable if the annual premium paid is below ₹ 2.5 lakh.
What is the investment objective of the Smallcap 250 Momentum Quality 100 Index Fund?
The Nifty Smallcap250 Momentum Quality 100 index aims to track the performance of the 100 small cap stocks selected based on combination of their momentum and quality factor scores. The momentum score for each company is determined based on its 6-month and 12-month price return, adjusted for volatility. The quality score for each company is determined based on return on equity (ROE), financial leverage (Debt/Equity Ratio), and earnings (EPS) growth variability analyzed during the previous 5 years. The weight of each stock in the index is based on the combination of composite momentum-quality score and its free-float market capitalization. Stock weights are capped at 3% at the time of index rebalancing.
What is the minimum investment amount required to invest in ICICI Pru Smallcap 250 Momentum Quality 100 Index Fund?
The minimum investment amount is ₹ 2,400 per month. However, this may vary depending on the investment plan you choose.
How are stocks selected for the Smallcap 250 Momentum Quality 100 Index?
The Nifty Smallcap 250 Momentum Quality 100 Index selects 100 small-cap stocks from the Nifty Smallcap 250 based on their:
Momentum: Recent price performance (e.g., 6-month and 12-month returns).
Quality: Financial health factors like Return on Equity (ROE), debt-to-equity ratio, and earnings stability.
This approach aims to identify companies with both strong recent performance and sound financial fundamentals.
What is the Smallcap 250 Momentum Quality 100 Index Fund performance history?
Index Returns (%)
QTD
YTD
1 year
5 years
Since Inception
Price Returns
-5.66
20.77
20.77
29.57
21.90
Total Returns
-5.52
21.18
21.18
30.84
23.67
# QTD, YTD and 1-year returns are absolute returns. Returns for greater than one year are CAGR returns
Who should invest in the ICICI Pru Smallcap 250 Momentum Quality 100 Index Fund?
Investors with a high-risk tolerance and a long-term investment horizon (at least 5-7 years) may consider investing in the ICICI Pru Smallcap 250 Momentum Quality 100 Index Fund. Key Considerations:
High-risk tolerance: Small-cap stocks are generally more volatile than large-cap stocks, meaning their prices can fluctuate significantly.
Long-term investment horizon: Small-cap companies may experience periods of growth followed by periods of stagnation or decline.
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in *Past 10 Year annualised returns as on 01-03-2025 *All savings plans are provided by the insurer as per the IRDAI approved insurance plan.
Tax benefit is subject to changes in tax laws. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs. **Returns are based on past 10 years' fund performance data (Fund Data Source: Value Research).
Generate wealthEarn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^On premiums (under 80C) and on maturity (under 10(10D))
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