ICICI Prudential BSE 500 Enhanced Value 50 Index Fund
ICICI Prudential BSE 500 Enhanced Value 50 Index Fund is a thoughtfully crafted passive investment option designed to capture value from a select set of Indian equities. It seeks to provide investors with diversified exposure to 50 undervalued companies from the broader BSE 500 universe, following a smart beta strategy rooted in quantitative value selection. The ICICI Prudential BSE 500 Enhanced Value 50 Index Fund NFO launches on 27th October 2025.
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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 Prudential BSE 500 Enhanced Value 50 Index Fund
What is ICICI Prudential BSE 500 Enhanced Value 50 Index Fund?
The ICICI Prudential BSE 500 Enhanced Value 50 Index Fund replicates the BSE 500 Enhanced Value 50 Index. It invests in fundamentally strong companies that are trading below their intrinsic market value, with the objective to "buy low, sell high." The portfolio is constructed quarterly by selecting the 50 most attractively priced stocks based on value parameters, providing a smart beta solution to tap into value opportunities in Indian equities.
Highlights of ICICI Prudential BSE 500 Enhanced Value 50 Index Fund
Particulars
Details
Benchmark Index
BSE 500 Enhanced Value 50 Index
Benchmark Index Returns
5-Year Returns: 36.3%
Risk Profile
High
NFO Period
27th October - 31st October
Current NAV
₹10
Reasons Why You Should Invest in ICICI Prudential BSE 500 Enhanced Value 50 Index Fund
Invests in hidden winners of the Indian equity market, maximizing opportunities for exponential returns as stock prices rise to their fair value.
Offers diversified exposure by selecting top 50 stocks from a pool of 500, reducing the risk associated with single-sector or single-stock investments.
Adopts a proven value investing philosophy, focusing on stocks available at lower prices relative to their fundamentals and ensuring regular portfolio rebalancing for better capture of market opportunities.
Backed by ICICI Prudential, a trusted industry brand with over ₹3.2 lakh crore AUM and an excellent solvency ratio as of September 2025, strengthening the fund’s credibility.
Features like low cost, zero premium allocation charge, and regular fund boosters (returns/guarantees) add further appeal to long-term savers.
What is the BSE 500 Enhanced Value 50 Index?
The BSE 500 Enhanced Value 50 Index is a sector-flexi benchmark selecting 50 companies from the BSE 500 universe that are currently trading at prices considered lower than their actual market value. Stock selection is purely quantitative and based on key valuation metrics; the index is rebalanced quarterly to ensure only the most promising value stocks remain. It aims to deliver long-term, superior returns by focusing on fundamentally robust but undervalued companies, helping investors benefit systematically from “buy low, sell high” opportunities.
BSE 500 Enhanced Value 50 Index vs Other Indices
Index Name
5-Year Return
7-Year Return
BSE 500 Enhanced Value 50
36.3%
24.6%
BSE Sensex
17.5%
13.9%
BSE 50
18.3%
14%
BSE 100
19.3%
14.3%
BSE Midcap 150
27.2%
20.4%
BSE 250 Small Cap
27.7%
18.6%
BSE 500
20.7%
15.8%
Sector Representation of BSE 500 Enhanced Value 50 Index
Sector
Percentage
Financial Services
35.5%
Energy
34.9%
Commodities
12.6%
Consumer Discretionary
6.9%
Industrials
3.7%
Services
3.7%
Fast Moving Consumer Goods (FMCG)
1.4%
Utilities
1.1%
Companies of NIFTY 500 Multifactor 50 Index
How to Buy ICICI Prudential BSE 500 Enhanced Value 50 Index Fund From Policybazaar?
To buy the ICICI Prudential BSE 500 Enhanced Value 50 Index Fund from Policybazaar, follow these steps:
Step 1: Fill in your name and contact number in the form on this page to get started.
Note: Your details are kept confidential and will only be used to customize your benefits.
Step 2: You can also visit the plans just by clicking View Plans below.
Step 3: Once logged in, you'll be prompted to fill in your city, age, and annual income in the provided form. This information will be used to check the personalised benefits of the plans.
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 Prudential BSE 500 Enhanced Value 50 Index Fund option that best suits your needs from the following options.
Step 5: In the ICICI Prudential BSE 500 Enhanced Value 50 Index Fund, click the "Get Details" tab for more information.
You can also get FREE expert consultation; just click on the talk to an expert button.
Step 6: Review plan details carefully. Once satisfied, click on the "Proceed" button and follow the prompts on the screen to move forward with the purchase.
Step 7: You will be prompted to enter essential details and specify the amount you want to invest. Select the preferred mode of payment for your investment.
Step 8: Provide your required KYC (Know Your Customer) details. This step is essential for regulatory compliance.
Step 9: Complete the payment process. Upon successful payment, you will receive confirmation of your purchase.
What are the Benefits of Investing in the ICICI Prudential BSE 500 Enhanced Value 50 Index Fund from Policybazaar?
Investing via Policybazaar provides various advantages, including:
Ease of Access: Invest digitally in the ICICI Prudential BSE 500 Enhanced Value 50 Index Fund without the hassle of visiting banks or agents.
Plan Comparison: Evaluate various investment options including the latest funds, to make well-informed choices and secure competitive deals.
Professional Support: Benefit from expert advice to choose the NFO plan that aligns with your financial goals and requirements.
How does the ICICI Prudential BSE 500 Enhanced Value 50 Index Fund select stocks for its portfolio?
The fund tracks the BSE 500 Enhanced Value 50 Index, which quantitatively ranks stocks in the BSE 500 using value parameters like book-to-price, earnings-to-price, and sales-to-price ratios. The top 50 companies meeting these criteria are included, and the index is rebalanced quarterly to stay aligned with undervalued opportunities.
Is the ICICI Prudential BSE 500 Enhanced Value 50 Index Fund suitable for short-term investors?
No, this fund is best suited for long-term investors looking for systematic exposure to value stocks. The strategy requires patience, as it may take time for undervalued stocks to realize their true worth.
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in *Past 10 Year annualised returns as on 01-11-2025 *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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