Fund Details
ICICI Prudential Nifty Next 50 Index Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.39% |
| NAV | ₹31.17 (20 Apr 2021) |
|---|---|
| Fund Started | 07 Jan 2013 |
| Fund Size | ₹1,036 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 |
|---|---|---|---|
| Vedanta Ltd. | Metals | Equity | 3.8% |
| Adani Green Energy Ltd. | Engineering | Equity | 3.7% |
| Avenue Supermarts Ltd. | Services | Equity | 3.5% |
| Info Edge (India) Ltd. | Services | Equity | 3.3% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 3.1% |
| Dabur India Ltd. | FMCG | Equity | 3.0% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 2.9% |
| Adani Enterprises Ltd. | Services | Equity | 2.8% |
| Godrej Consumer Products Ltd. | FMCG | Equity | 2.7% |
| Pidilite Industries Ltd. | Chemicals | Equity | 2.7% |
Fund Managers
ICICI Prudential Nifty Next 50 Index Direct IDCW Details
ICICI Prudential Nifty Next 50 Index Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹1,036 Cr and the Latest NAV as of 20 Apr 2021 is ₹31.17.
The ICICI Prudential Nifty Next 50 Index Direct IDCW is rated Very 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.
