Fund Details
ICICI Prudential Nifty Index Fund Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.45% |
| NAV | ₹18.89 (21 Jan 2021) |
|---|---|
| Fund Started | 23 Sep 2015 |
| Fund Size | ₹1,217 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Risk is lower compared to the benchmark
3. Lower expense ratio
4. Exit load is zero
5. Age is more than 10 years
6. Lower expense ratio - 0.45%
7. 1Y Returns are higher than the category average returns
8. 3Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the benchmark
3. 3Y Returns are lower than the benchmark
4. 5Y Returns are lower than the benchmark
5. 10Y Returns are lower than the benchmark
6. Risk-adjusted returns are lower compared to the category
7. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 10.6% |
| HDFC Bank Ltd. | Financial | Equity | 10.3% |
| Infosys Ltd. | Technology | Equity | 7.7% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.6% |
| ICICI Bank Ltd. | Financial | Equity | 6.1% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.8% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.5% |
| ITC Ltd. | FMCG | Equity | 3.0% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.6% |
Fund Managers
ICICI Prudential Nifty Index Fund Dividend Details
ICICI Prudential Nifty Index Fund Dividend is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 23 Sep 2015. Kayzad Englim is the Current Fund Manager of ICICI Prudential Nifty Index Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,217 Cr and the Latest NAV as of 21 Jan 2021 is ₹18.89.
The ICICI Prudential Nifty Index Fund Dividend is rated Moderately High risk. Minimum SIP Investment is set to 100. 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.
