Description

The ICICI Prudential Midcap Select ETF is an exchange-traded fund, collaboratively launched by Prudential plc and ICICI Bank Ltd., with management overseen by ICICI Prudential Asset Management Company Limited. This fund primarily allocates capital to India's public equity markets, targeting mid-capitalization companies across various sectors. It specifically invests in firms boasting a minimum market capitalization of INR 20 billion. The ETF's core strategy is to mirror the performance of the S&P BSE Midcap Select Index by investing in constituent companies according to their weightings within the index. Established on June 28, 2016, and domiciled in India, it was previously known as the ICICI Prudential Midcap Select iWIN ETF.