ICICI Prudential Mutual Fund has announced changes in its exchange-traded fund (ETF) product symbols on the BSE and National Stock Exchange (NSE). The codes will now be a combination of the name of the fund and the suffix 'IETF'.
IETF stands for ICICI Prudential ETF.
The move to standardise the naming convention of schemes comes in line with the
Securities Exchange Board of India's (SEBI's) master circular, which outlines the categorisation of schemes. The circular stipulates that the scheme name should mirror the scheme category, simplifying the identification process for investors.
Here's a table showcasing the existing symbols and their corresponding revised symbols for the mentioned ETFs:
| Sr. No | Scheme Name | Existing Symbol | Revised Symbol | Existing Scrip code on BSE |
|---|
| 1 | ICICI Prudential S&P BSE Liquid Rate ETF | ICICILIQ | LIQUIDIETF | 541946 |
| 2 | ICICI Prudential Nifty 10 Yr Benchmark G-Sec ETF | ICICI10GS | GSEC10IETF | 543700 |
| 3 | ICICI Prudential Nifty 50 ETF | ICICINIFTY | NIFTYIETF | 537007 |
| 4 | ICICI Prudential Nifty Next 50 ETF | ICICINXT50 | NEXT50IETF | 541809 |
| 5 | ICICI Prudential Nifty 100 ETF | ICICINF100 | NIF100IETF | 537008 |
| 6 | ICICI Prudential S&P BSE Sensex ETF | ICICISENSX | SENSEXIETF | 555555 |
| 7 | ICICI Prudential Nifty Midcap 150 ETF | ICICIM150 | MIDCAPIETF | 542921 |
| 8 | ICICI Prudential S&P BSE Midcap Select ETF | ICICIMCAP | MIDSELIETF | 539980 |
| 9 | ICICI Prudential S&P BSE 500 ETF | ICICI500 | BSE500IETF | 541313 |
| 10 | ICICI Prudential Nifty Healthcare ETF | ICICIPHARM | HEALTHIETF | 543292 |
| 11 | ICICI Prudential Nifty IT ETF | ICICITECH | ITIETF | 543221 |
| 12 | ICICI Prudential Nifty FMCG ETF | ICICIFMCG | FMCGIETF | 543326 |
| 13 | ICICI Prudential Nifty Bank ETF | ICICIBANKN | BANKIETF | 542730 |
| 14 | ICICI Prudential Nifty PSU Bank ETF | PSUBANKICI | PSUBNKIETF | 543819 |
| 15 | ICICI Prudential Nifty Private Bank ETF | ICICIBANKP | PVTBANIETF | 542758 |
| 16 | ICICI Prudential Nifty Auto ETF | ICICIAUTO | AUTOIETF | 543450 |
| 17 | ICICI Prudential Nifty Financial Services Ex-Bank ETF | ICICIFIN | FINIETF | 543677 |
| 18 | ICICI Prudential Nifty Commodities ETF | ICICICOMMO | COMMOIETF | 543710 |
| 19 | ICICI Prudential Nifty Alpha Low-Volatility 30 ETF | ICICIALPLV | ALPL30IETF | 543219 |
| 20 | ICICI Prudential Nifty 100 Low Volatility 30 ETF | ICICILOVOL | LOWVOLIETF | 540612 |
| 21 | ICICI Prudential Nifty50 Value 20 ETF | ICICINV20 | NV20IETF | 539945 |
| 22 | ICICI Prudential Nifty 200 Momentum 30 ETF | ICICIMOM30 | MOM30IETF | 543568 |
| 23 | ICICI Prudential Nifty 200 Quality 30 ETF | ICICIQTY30 | QUAL30IETF | 543956 |
| 24 | ICICI Prudential Silver ETF | ICICISILVE | SILVERIETF | 543452 |
| 25 | ICICI Prudential Gold ETF | ICICIGOLD | GOLDIETF | 533244 |
| 26 | ICICI Prudential Nifty India Consumption ETF | ICICICONSU | CONSUMIETF | 543383 |
| 27 | ICICI Prudential Nifty Infrastructure ETF | ICICIINFRA | INFRAIETF | 543571 |
| 28 | ICICI Prudential Nifty 5 yr Benchmark G-SEC ETF | ICICI5GSEC | GSEC5IETF | 543480 |
(Source: ICICI Prudential Mutual Fund)
The fund house said that all other terms and conditions of the Scheme Information Document (SID) and Key Information Memorandum (KIM) of the aforementioned schemes will remain unchanged, which means there will be no difference in the performance and structure of the scheme.
Consequently, investors shouldn't worry.
