| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.85% |
| NAV | ₹24.31 (10 Aug 2020) |
|---|---|
| Fund Started | 25 Jun 2010 |
| Fund Size | ₹729 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Life Insurance Co Ltd. | Financial | Equity | 5.4% |
| Avenue Supermarts Ltd. | Services | Equity | 4.7% |
| SBI Life Insurance Company Ltd. | Financial | Equity | 4.3% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.9% |
| Dabur India Ltd. | FMCG | Equity | 3.6% |
| Godrej Consumer Products Ltd. | FMCG | Equity | 3.5% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 3.4% |
| Lupin Ltd. | Healthcare | Equity | 3.0% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 2.9% |
| Pidilite Industries Ltd. | Chemicals | Equity | 2.8% |
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 ₹729 Cr and the Latest NAV as of 10 Aug 2020 is ₹24.31.
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.
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.
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.