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ICICI Prudential Nifty Next 50 Index Fund Growth+0.57%

17.35%
1 Year Return
Equity
Index
2.0star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Nifty Next 50 Index Fund Growth

RiskModerately High
Min SIP Amount₹100
Expense Ratio0.85%
NAV₹29.88 (20 Jan 2021)
Fund Started25 Jun 2010
Fund Size931 Cr

Fund Overview

Quick overview of ICICI Prudential Nifty Next 50 Index Fund Growth

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
17.4%
2.8%
13.8%
10.9%
Category Average
19.8%
9.7%
15.1%
-
Rank Within Category
94
90
61
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 17.4% returns per annum

Comparison

Data not available
Pros
1. Exit load is zero
Cons
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

NameSectorInstrument% Assets
Adani Green Energy Ltd.EngineeringEquity5.3%
Avenue Supermarts Ltd.ServicesEquity4.0%
Info Edge (India) Ltd.ServicesEquity3.9%
Tata Consumer Products Ltd.FMCGEquity3.8%
ICICI Lombard General Insurance Company Ltd.FinancialEquity3.8%
Dabur India Ltd.FMCGEquity3.4%
Godrej Consumer Products Ltd.FMCGEquity3.1%
Bandhan Bank Ltd.FinancialEquity2.9%
Aurobindo Pharma Ltd.HealthcareEquity2.9%
Pidilite Industries Ltd.ChemicalsEquity2.8%
See All

Fund Managers

Kayzad Eghlim
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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.

Scheme Information Document(SID)

₹100
Min for First Investment
₹100
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
13 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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