Fund Details
ICICI Prudential Nifty Next 50 Index Direct Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.39% |
| NAV | ₹29.78 (27 Jan 2021) |
|---|---|
| Fund Started | 07 Jan 2013 |
| Fund Size | ₹931 Cr |
Returns
Comparison
1. Lower expense ratio - 0.39%
2. 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. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Avenue Supermarts Ltd. | Services | Equity | 4.5% |
| Adani Green Energy Ltd. | Engineering | Equity | 4.5% |
| Info Edge (India) Ltd. | Services | Equity | 4.0% |
| Tata Consumer Products Ltd. | FMCG | Equity | 3.9% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 3.6% |
| Dabur India Ltd. | FMCG | Equity | 3.3% |
| Godrej Consumer Products Ltd. | FMCG | Equity | 3.1% |
| Bandhan Bank Ltd. | Financial | Equity | 3.0% |
| Pidilite Industries Ltd. | Chemicals | Equity | 2.9% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 2.8% |
Fund Managers
ICICI Prudential Nifty Next 50 Index Direct Dividend Details
ICICI Prudential Nifty Next 50 Index Direct Dividend is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 07 Jan 2013. Kayzad Eghlim is the Current Fund Manager of ICICI Prudential Nifty Next 50 Index Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹931 Cr and the Latest NAV as of 27 Jan 2021 is ₹29.78.
The ICICI Prudential Nifty Next 50 Index Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100.
Investment Objective
The objective of the fund is to invest in companies whose securities are included in Nifty Next 50 Index and to endeavor to achieve the returns of the above index as closely as possible.
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.
