| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.39% |
| NAV | ₹25.02 (23 Oct 2020) |
|---|---|
| Fund Started | 07 Jan 2013 |
| Fund Size | ₹804 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Avenue Supermarts Ltd. | Services | Equity | 4.4% |
| Tata Consumer Products Ltd. | FMCG | Equity | 4.0% |
| Dabur India Ltd. | FMCG | Equity | 3.8% |
| Adani Green Energy Ltd. | Engineering | Equity | 3.8% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 3.8% |
| Info Edge (India) Ltd. | Services | Equity | 3.7% |
| Godrej Consumer Products Ltd. | FMCG | Equity | 3.6% |
| Lupin Ltd. | Healthcare | Equity | 3.2% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 3.0% |
| Pidilite Industries Ltd. | Chemicals | Equity | 2.9% |
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 ₹804 Cr and the Latest NAV as of 23 Oct 2020 is ₹25.02.
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.
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.
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.