| Launch date | 15 Jan 2024 |
| Allotment date | 01 Feb 2024 |
| End date | 29 Jan 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.25%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Nishit PatelJan 2024 - PresentView details
Ashwini Jemin BharuchaDec 2024 - PresentView details
Venus AhujaNov 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #3 in India |
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| Total AUM | ₹11,24,266.03Cr |
| Date of Incorporation | 12 Oct 1993 |
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ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. Ashwini Shinde is the Current Fund Manager of ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹11,24,266 Cr and the Latest NAV as of 01 Apr 2026 is ₹9.99. The ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. ;
Investment Objective
The Scheme seeks to invest in companies whose securities are included in Nifty50 Value 20 Index in the same weightage that they represent in Nifty50 Value 20 Index in order to achieve the returns of the above index, subject to tracking errors. ;
| Fund benchmark | NIFTY 50 Value 20 Total Return Index |
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