Fund Details
ICICI Prudential Nifty Index Direct Plan Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.17% |
| NAV | ₹160.09 (23 Jul 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,804 Cr |
Returns
Comparison
1. Lower expense ratio - 0.17%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 10.0% |
| HDFC Bank Ltd. | Financial | Equity | 9.6% |
| Infosys Ltd. | Technology | Equity | 8.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 6.6% |
| ICICI Bank Ltd. | Financial | Equity | 6.4% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.1% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.2% |
| Axis Bank Ltd. | Financial | Equity | 2.8% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.7% |
Fund Managers
ICICI Prudential Nifty Index Direct Plan Growth Details
ICICI Prudential Nifty Index Direct Plan Growth is a Other Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Kayzad Englim is the Current Fund Manager of ICICI Prudential Nifty Index Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,804 Cr and the Latest NAV as of 23 Jul 2021 is ₹160.09.
The ICICI Prudential Nifty Index Direct Plan Growth is rated Very High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 100.
Investment Objective
The scheme aims to closely track the performance of Nifty 50 Index by investing in almost all the stocks and in approximately the same weightage that they represent in the index.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
