ICICI Prudential AMC's S&P BSE Sensex ETF Celebrates 21 Years of Financial Success

Marking 21 years of excellence, ICICI Prudential AMC's S&P BSE Sensex ETF has amassed Rs 4,560.71 crore AUM. With a minimal 0.03% expense ratio, this ETF, reflecting a 16.9% CAGR over two decades, stands as a testament to the remarkable growth in the Indian stock market.

ICICI Prudential AMC's S&P BSE Sensex ETF marks a significant milestone, completing 21 successful years. ETF investments have witnessed a surge in popularity among investors, with ICICI Prudential AMC's S&P BSE Sensex ETF operating based on the renowned Sensex index.

icici prudential amc
icici prudential amc

As of December 31, 2023, the assets under management for this ETF reached an impressive Rs 4,560.71 crore, reflecting its robust performance. Notably, the scheme boasts a minimal expense ratio of just 0.03 per cent.

Reflecting on the ETF's 21-year journey, Chintan Haria, Chief Investment Strategist at ICICI Prudential AMC, remarked, "The trajectory of ICICI Prudential Sensex ETF illustrates the remarkable growth witnessed by the Indian stock market over two decades. Investors who have consistently engaged with this scheme have enjoyed a rewarding investment experience."

Chintan Haria
Chintan Haria

The surge in the number of demat accounts and investors in recent years has led to heightened interest in ETFs tied to benchmark indices. This trend is attributed to increased investor awareness. Chintan Haria expressed optimism that this growing interest in ETFs will persist in the future.

Over the past 20 years, the ICICI Sensex ETF has delivered an average return of 16.9 per cent per annum (CAGR). To exemplify, an investment of Rs 1 lakh in the scheme at its launch on January 10, 2003, would have multiplied to Rs 26.4 lakh by December 31, 2023, showcasing substantial growth for investors.

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