Fund Details
ICICI Prudential Nifty Next 50 Index Fund Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.85% |
| NAV | ₹31.10 (09 Apr 2021) |
|---|---|
| Fund Started | 25 Jun 2010 |
| Fund Size | ₹1,008 Cr |
Returns
Comparison
1. 10Y Returns are higher than the category average returns
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 |
|---|---|---|---|
| Adani Green Energy Ltd. | Engineering | Equity | 4.7% |
| Avenue Supermarts Ltd. | Services | Equity | 4.6% |
| Info Edge (India) Ltd. | Services | Equity | 3.9% |
| Tata Consumer Products Ltd. | FMCG | Equity | 3.8% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 3.2% |
| Dabur India Ltd. | FMCG | Equity | 3.0% |
| Havells India Ltd. | Engineering | Equity | 2.9% |
| Godrej Consumer Products Ltd. | FMCG | Equity | 2.7% |
| Motherson Sumi Systems Ltd. | Automobile | Equity | 2.7% |
| Pidilite Industries Ltd. | Chemicals | Equity | 2.7% |
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 ₹1,008 Cr and the Latest NAV as of 09 Apr 2021 is ₹31.10.
The ICICI Prudential Nifty Next 50 Index Fund Growth 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.
