ICICI Prudential Nifty Index Direct Plan Growth+0.84%

3Groww
-1.64%
1 Year Return
Others
Index
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Nifty Index Direct Plan Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio0.10%
NAV110.22 (13 Sep 2019)
Fund Started01 Jan 2013
Fund Size394 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Nifty Index Direct Plan Growth
-1.6%
9.1%
7.3%
10.7%
Category Average
NA
NA
NA
-
Rank within category
26
24
36
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -1.6% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    4. 3Y Returns are higher than the benchmark
    5. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Axis Bank Ltd.FinancialEquity2.9%
    Bajaj Finance Ltd.FinancialEquity1.8%
    Asian Paints Ltd.ChemicalsEquity1.6%
    Bharti Airtel Ltd.CommunicationEquity1.5%
    Bajaj Finserv Ltd.FinancialEquity1.0%
    Bajaj Auto LtdAutomobileEquity0.8%
    Bharat Petroleum Corpn. Ltd.EnergyEquity0.6%
    See All

    Fund Managers

    addKayzad Eghlim
    Education
    Mr. Eghlim is a B.Com (H) and M Com.
    Experience
    Prior to joining ICICI Prudential AMC he has worked with IDFC Investment Advisors Ltd., Prime Securities and Canbank Mutual Fund.
    Funds Managed

    Other Details

    ICICI Prudential Nifty Index Direct Plan Growth is a Others Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Kayzad Englim is the Current Fund Manager of ICICI Prudential Nifty Index Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹394 Cr and the Latest NAV as of 13 Sep 2019 is ₹110.22.

    The ICICI Prudential Nifty Index Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.

    Investment Objective

    An open-ended index linked growth scheme seeking to track the returns of the S&P CNX Nifty index through investment in a basket of stocks drawn from the constituents of the Nifty.

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About ICICI Prudential Mutual Fund

    Address
    One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
    Phone
    022-26525000
    Launch Date
    12 Oct 1993
    ICICI Prudential Mutual Fund
    Asset Management Company
    Custodian
    Hongkong & Shanghai Banking Corporation
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
    Enter investment amount
    + ₹1,000
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    + ₹10,000
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    MONTHLY SIP
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