This is a passive scheme based on certain rules. The strategy does not take into account the valuations of the stocks, which are high currently. The product is launched in the ETF format. Most smart beta ETFs in India suffer from low liquidity on the stock exchanges. Also, smart-beta funds are yet to develop a long track record. Therefore, it may be hard to assess how such schemes would perform across market cycles. … [Read more...] about ICICI Pru Alpha Low Vol 30 ETF NFO: Should you invest?