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Home>Mutual Funds>ICICI Prudential Mutual Fund>ICICI Prudential Nifty Next 50 Index Direct IDCW

ICICI Prudential Nifty Next 50 Index Direct IDCW

Other
Index
Very High Risk
Payout
16.65%
3Y annualised
+0.37% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 17 Jan 2022₹39.95
Min. SIP amount₹100
Rating2
Fund size₹1,868.99Cr

Returns and rankings

Category: Other Index
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns29.5%16.6%14.5%15.3%
Category average48.0%13.9%14.2%NA
Rank with in category305145NA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
ServicesEquity4.2%
HealthcareEquity4.1%
ServicesEquity3.8%
MetalsEquity3.6%
ServicesEquity3.5%
ChemicalsEquity3.0%
FMCGEquity2.9%
EnergyEquity2.9%
EngineeringEquity2.9%
InsuranceEquity2.9%
See All

Pros and cons

Category: Other Index

Pros

Exit load is zero
Lower expense ratio: 0.3%
3Y and 5Y annualised returns higher than category average

Cons

Lower alpha: -1.53 The fund has generated returns lower than benchmark - NIFTY Next 50 TRI - in the last 3Y
Low rating: 2
1Y annualised returns lower than category average by 22.65%

Expense ratio, exit load and tax

Expense ratio: 0.30%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Kayzad Eghlim
Jan 2013 - Present
View details
Nishit Patel
Jan 2021 - Present
View details

Fund house & investment objective

Fund house contact details

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