Fund Details
ICICI Prudential Nifty Index Fund Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.40% |
| NAV | ₹154.80 (23 Jul 2021) |
|---|---|
| Fund Started | 26 Feb 2002 |
| Fund Size | ₹1,804 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Lower expense ratio - 0.4%
3. Exit load is zero
1. 1Y Returns are lower than the category average returns
2. 3Y Returns are lower than the category average returns
3. 10Y Returns are lower than the category average returns
4. 5Y 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 Fund Growth Details
ICICI Prudential Nifty Index Fund Growth is a Other Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 26 Feb 2002. Kayzad Englim is the Current Fund Manager of ICICI Prudential Nifty Index Fund 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 ₹154.80.
The ICICI Prudential Nifty Index Fund Growth is rated Very 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.
