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ICICI Prudential Mutual Fund Launches ICICI Prudential Nifty Pharma ETF
TradingView 3 hrs ago·9 Oct 2026, 3:18 pm
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ICICI Prudential Mutual Fund has launched a new exchange-traded fund (ETF) that tracks the Nifty Pharma Index. This product allows investors to buy a basket of India's leading pharmaceutical companies through a single transaction, similar to buying a stock on the exchange.
This launch provides a convenient way for retail investors to gain exposure to the pharma sector. Since the fund tracks a specific index, it offers a diversified portfolio of top players, helping to reduce the risk associated with investing in individual company stocks.
Investors should watch the fund's expense ratio and its performance relative to the actual Nifty Pharma Index. This will help determine if the fund is an efficient way to access the sector or if other options might be more suitable.
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