The ICICI Prudential Nifty FMCG ETF, trading under the ticker IN:FMCGIETF, is a robust investment vehicle designed to capture the growth potential within India's fast-moving consumer goods (FMCG) sector. This exchange-traded fund (ETF) provides investors with a strategic avenue to gain diversified exposure to the total market of FMCG companies that are part of the Nifty FMCG Index. As a Size and Style-focused fund, the ETF targets a broad-based niche, reflecting a wide spectrum of FMCG giants and emerging players that drive consumer spending and economic resilience.
The ETF is meticulously crafted to mirror the performance of the Nifty FMCG Index, offering investors access to a portfolio of companies engaged in the production, distribution, and marketing of consumer goods such as food, beverages, household, and personal care products. This sector is renowned for its stability and consistent demand, even in fluctuating market conditions, making it an appealing choice for investors seeking steady growth and defensive characteristics.
By investing in the ICICI Prudential Nifty FMCG ETF, stakeholders can benefit from the growth prospects of India's burgeoning consumer market, underpinned by increasing urbanization, rising disposable incomes, and evolving consumer preferences. The fund's broad-based approach within the total market category ensures that investors are not only aligned with established market leaders but also positioned to capitalize on the potential of rising stars within the FMCG landscape.
Overall, the ICICI Prudential Nifty FMCG ETF stands out as an attractive option for those looking to harness the resilience and growth momentum of the FMCG sector, while enjoying the advantages of diversified exposure and cost-effective investment in India's dynamic economy.
ICICI Prudential Nifty FMCG ETF (FMCGIETF) Fund Flow Chart
ICICI Prudential Nifty FMCG ETF (FMCGIETF) 1 year Net Flows: 0
FMCGIETF ETF FAQ
What was IN:FMCGIETF’s price range in the past 12 months?
IN:FMCGIETF lowest ETF price was 52.69 and its highest was 78.00 in the past 12 months.
What is the AUM of IN:FMCGIETF?
Currently, no data Available
Is IN:FMCGIETF overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does IN:FMCGIETF pay dividends?
IN:FMCGIETF does not currently pay dividends.
How many shares outstanding does IN:FMCGIETF have?
Currently, no data Available
Which hedge fund is a major shareholder of IN:FMCGIETF?
Currently, no hedge funds are holding shares in IN:FMCGIETF