ICICI Prudential Nifty Next 50 Index Fund Dividend+0.07%

3Groww
3.45%
1 Year Return
Others
Index
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Nifty Next 50 Index Fund Dividend

RiskModerately High
Min SIP Amount₹100
Expense Ratio0.85%
NAV24.98 (15 Nov 2019)
Fund Started25 Jun 2010
Fund Size683 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Nifty Next 50 Index Fund Dividend
3.5%
10.6%
9.2%
10.2%
Category Average
NA
NA
NA
-
Rank within category
92
70
5
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 3.5% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the benchmark
    2. Exit load is zero
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Risk is higher compared to the benchmark
    3. 3Y Returns are lower than the benchmark
    4. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    SBI Life Insurance Company Ltd.FinancialEquity4.8%
    HDFC Life Insurance Co Ltd.FinancialEquity4.2%
    Godrej Consumer Products Ltd.FMCGEquity3.7%
    Dabur India Ltd.FMCGEquity3.4%
    Hindustan Petroleum Corpn. Ltd.EnergyEquity3.2%
    Shree Cement Ltd.ConstructionEquity3.2%
    Divi's Laboratories Ltd.HealthcareEquity2.9%
    Petronet LNG Ltd.EnergyEquity2.8%
    Pidilite Industries Ltd.ChemicalsEquity2.8%
    ICICI Lombard General Insurance Comapny Ltd.FinancialEquity2.8%
    See All

    Fund Managers

    addKayzad Eghlim
    Education
    Mr. Eghlim is a B.Com (H) and M Com.
    Experience
    Prior to joining ICICI Prudential AMC he has worked with IDFC Investment Advisors Ltd., Prime Securities and Canara Robeco Mutual Fund.
    Funds Managed

    Other Details

    ICICI Prudential Nifty Next 50 Index Fund Dividend is a Others Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 25 Jun 2010. Kayzad Englim is the Current Fund Manager of ICICI Prudential Nifty Next 50 Index Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹683 Cr and the Latest NAV as of 15 Nov 2019 is ₹24.98.

    The ICICI Prudential Nifty Next 50 Index Fund Dividend is rated Moderately High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Nil.

    Investment Objective

    The investment objective of the Scheme is to invest in companies whose securities are included in Nifty Junior Index (the Index) and to endeavor to achieve the returns of the above index as closely as possible, though subject to tracking error. The Scheme will not seek to outperform the CNX Nifty Junior. The objective is that the performance of the NAV of the Scheme should closely track the performance of the CNX Nifty Junior over the same period subject to tracking error.

    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.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About ICICI Prudential Mutual Fund

    Address
    One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
    Phone
    022-26525000
    Launch Date
    12 Oct 1993
    ICICI Prudential Mutual Fund
    Asset Management Company
    Custodian
    HDFC Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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