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ICICI Prudential Nifty Top 15 Equal Weight Index Fund Review: Plans, NAV, Returns and Portfolio Analysis 2026
Univest 6 hrs ago·20 Aug 2026, 5:05 am
ICICI Prudential has launched the Nifty Top 15 Equal Weight Index Fund, which aims to track the performance of the top 15 companies listed on the Nifty 100 index. Instead of investing in the biggest firms by market value, this fund allocates equal capital to each of the 15 selected stocks. This strategy ensures that no single company dominates the portfolio, potentially offering a different risk-return profile compared to standard index funds.
For investors, this fund offers a way to gain exposure to India's largest blue-chip companies without concentrating bets on a few giants. By holding all top performers in equal measure, it seeks to capture broad market growth while reducing the volatility that can come from overexposure to a few large-cap stocks. This makes it a relevant option for those looking for a diversified, low-cost way to invest in India's leading businesses.
Investors should monitor the fund's expense ratio and its performance against the standard Nifty 100 index. Since the fund is relatively new, tracking its ability to maintain its equal-weight strategy and generate returns over different market cycles will be key. It is important to assess how this approach fits into your overall investment strategy, particularly if you are looking for a balanced exposure to India's top market leaders.
Excerpt from Univest
ICICI Prudential Nifty Top 15 Equal Weight Index Fund: 4 variants. NAV Rs 9.4501 (20-Jul-2026). Category Open-Ended Fund. Risk as specified in the riskometer. Updated: 20 Aug 2026 • 10:35 am ICICI Prudential Nifty Top 15 Equal Weight Index Fund is a open-ended fund from ICICI Prudential Mutual Fund, with a…Read the original at Univest
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