New Fund Offering alert: ICICI Prudential Mutual Fund launches Nifty Smallcap 250 ETF; details inside

ICICI Prudential Mutual Fund on Wednesday, June 10, launched a new fund - ICICI Prudential Nifty Smallcap 250 ETF, an exchange-traded fund that aims to replicate the performance of the Nifty Smallcap 250 Index, subject to tracking error, according to a release.

Nifty Smallcap 250 ETF subscription dates

The fund is already open for subscription and will close on June 16, 2026.

The Nifty Smallcap 250 Index comprises companies ranked between 251st and 500th by market capitalisation within the Nifty 500 universe. Collectively, these businesses provide investors access to a broad segment of India's emerging corporate ecosystem.

ICICI ETF is part of ICICI Prudential Mutual Fund and is used for exchange-traded funds managed by ICICI Prudential Asset Management Company Limited

Why Invest in this ETF?

• Exposure to India’s 250 emerging small-cap companies through a single investment
• Diversified participation across approximately twenty sectors
• Transparent and rules-based portfolio construction
• Cost-efficient ETF structure with real-time pricing

Exit Load: Nil

What is the minimum investment amount in this fund?

During NFO: Rs. 1,000 and in multiples of Re.1.
Ongoing/Continuous Offer: On Stock Exchanges, investors can buy/sell units of the Scheme in a round lot of 1 unit and in multiples thereof.
Directly with the Mutual Fund: Authorised Participant(s)/ Investor(s) can buy/sell units of the Scheme in Creation Unit Size, viz. 3,00,000 units and in multiples thereof.

Benchmark: Nifty Smallcap 250 TRI

Nifty Smallcap 250 Index - Historical performance

The Nifty Smallcap 250 TRI has historically outperformed the Nifty 500 TRI over the long-term. For example, as of May 31, 2026, the Nifty Smallcap 250 TRI stood at 4,422 points compared to 3,929 points for the Nifty 500 TRI (both indices are rebased to 1000 as of April 1, 2016). The Smallcap 250 index has also experienced greater volatility during market cycles.

The index provides participation in a diverse set of industries ranging from financial services and healthcare to capital goods, chemicals, and consumer businesses.

"India's growth journey is creating opportunities across a wider universe of companies than ever before. ICICI Prudential Nifty Smallcap 250 ETF offers access to a diversified basket of emerging businesses through a transparent and cost-efficient passive structure. The ETF is designed for investors seeking long-term participation in India's expanding smallcap opportunity set while benefiting from broad diversification across sectors and companies," said Abhijit Shah, Chief Marketing & Digital Business Officer, ICICI Prudential AMC.

ICICI Prudential Nifty Smallcap 250 ETF is suitable for investors who are looking for:

• Long-term wealth creation
• It is an exchange-traded fund that aims to provide returns that closely correspond to the returns provided by the Nifty Smallcap 250 Index, subject to tracking error.

Investing in mutual funds is subject to market risks. Consult your advisor before making any investment.