Fund Details
ICICI Prudential Nifty Next 50 Index Fund Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.85% |
| NAV | ₹29.88 (20 Jan 2021) |
|---|---|
| Fund Started | 25 Jun 2010 |
| Fund Size | ₹931 Cr |
Fund Overview
Returns
Comparison
1. Exit load is zero
1. Risk-adjusted returns are lower compared to the category
2. Risk is higher compared to the benchmark
3. 1Y Returns are lower than the benchmark
4. 3Y Returns are lower than the benchmark
5. 5Y Returns are lower than the benchmark
6. Risk-adjusted returns are lower compared to the category
7. 1Y Returns are lower than the category average returns
8. 3Y Returns are lower than the category average returns
9. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Adani Green Energy Ltd. | Engineering | Equity | 5.3% |
| Avenue Supermarts Ltd. | Services | Equity | 4.0% |
| Info Edge (India) Ltd. | Services | Equity | 3.9% |
| Tata Consumer Products Ltd. | FMCG | Equity | 3.8% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 3.8% |
| Dabur India Ltd. | FMCG | Equity | 3.4% |
| Godrej Consumer Products Ltd. | FMCG | Equity | 3.1% |
| Bandhan Bank Ltd. | Financial | Equity | 2.9% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 2.9% |
| Pidilite Industries Ltd. | Chemicals | Equity | 2.8% |
Fund Managers
ICICI Prudential Nifty Next 50 Index Fund Growth Details
ICICI Prudential Nifty Next 50 Index Fund Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 25 Jun 2010. Kayzad Englim is the Current Fund Manager of ICICI Prudential Nifty Next 50 Index Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹931 Cr and the Latest NAV as of 20 Jan 2021 is ₹29.88.
The ICICI Prudential Nifty Next 50 Index Fund Growth 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.
