Current price is close to the real time NAV

Less expense ratio implies better returns over the long term

Expense Ratio

ETF has not been able to closely match its benchmark returns

Tracking Error

Return vs FD Rates

Good time to consider, as ETF is not in overbought zone

Entry Point

“The next target for FII selling is the IT sector.”

After banks, will FIIs start selling IT stocks?

The Nifty IT index was trading 0.33 per cent up at 34994.05.

Stock market update: Nifty IT index advances 0.33% in an upbeat market

The main trigger for the market fall in the recent couple of months has been the relentless selling by FIIs, analysts said. But they added it is a good time to buy quality stocks for the medium to long term.

Sensex rebounds 600 points on bottom fishing; buy bank, IT stocks, say analysts

Nifty IT fell as much as 2.7 per cent. Mid and small-cap indices also fell sharply.

Tech View: Bears in control of Nifty, use rallies to sell

Quick Wrap: Nifty IT Index declines 2.70%, NIFTY Tumbles 1.65%

Benchmark stock market indices fell sharply on Monday amid uncertainty around the new coronavirus variant and due to pressure from foreign institutional investors selling. Another factor which worried investors was the upcoming monetary policy

Sensex plunges 949 pts, Nifty ends below 17,000; IT shares drag

Information Technology stocks were trading in red, with the S&P BSE IT Sector index decreasing 606.55 points or 1.73% at 34443.72 at 13:50 IST.

Information Technology stocks edge lower

The domestic equity barometers were trading at the day’s low in mid-morning trade. The Nifty was trading below the 17,100 mark. IT shares witnessed selling pressure for the second consecutive session.

Sensex, Nifty hit day’s low; IT stocks decline for second day

IT stocks were among the top underperformers with stocks like TCS, Infosys, Tech Mahindra, LTI & Coforge adding fresh short positions.

Markets close lower; Nifty ends below 17,000 level

Markets closed lower; Nifty closes below 17,000 level

The broader markets also weakened towards the end of the trade, and the BSE Midcap and Smallcap indices ended with a loss of 1.4 per cent each

Sensex plunges 949pts, Nifty ends 285pts lower; Airtel, RIL, IT shares drag

ICICI Prudential IT ETF objective is to provide returns before expenses that closely correspond to the total return of the underlying index subject to tracking errors

ICICI Prudential IT ETF

Average daily traded value of the ETF is high

ICICI Prudential IT ETF

ICICI Prudential IT ETF

Return vs FD Rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Entry Point
High demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF

News & Opinions

After banks, will FIIs start selling IT stocks?

Stock market update: Nifty IT index advances 0.33% in an upbeat market

Sensex rebounds 600 points on bottom fishing; buy bank, IT stocks, say analysts

Tech View: Bears in control of Nifty, use rallies to sell

Quick Wrap: Nifty IT Index declines 2.70%, NIFTY Tumbles 1.65%

Sensex plunges 949 pts, Nifty ends below 17,000; IT shares drag

Information Technology stocks edge lower

Sensex, Nifty hit day’s low; IT stocks decline for second day

Markets close lower; Nifty ends below 17,000 level

Markets closed lower; Nifty closes below 17,000 level

ICICI Prudential IT ETF

Return vs FD RatesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Entry PointHigh demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF

News & Opinions

After banks, will FIIs start selling IT stocks?

Stock market update: Nifty IT index advances 0.33% in an upbeat market

Sensex rebounds 600 points on bottom fishing; buy bank, IT stocks, say analysts

Tech View: Bears in control of Nifty, use rallies to sell

Quick Wrap: Nifty IT Index declines 2.70%, NIFTY Tumbles 1.65%

Sensex plunges 949 pts, Nifty ends below 17,000; IT shares drag

Information Technology stocks edge lower

Sensex, Nifty hit day’s low; IT stocks decline for second day

Markets close lower; Nifty ends below 17,000 level

Markets closed lower; Nifty closes below 17,000 level

Return vs FD Rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If the ETFs price return is lower than this rate, investors are better off investing the amount in a FD

Entry Point
High demand for an ETF increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the ETF