ICICI Prudential Nifty Next 50 Index Fund - Growth
Category: Index Fund
Launch Date: 05-06-2010
AUM:
₹ 8,900.27 Cr
Expense Ratio
0.7%
Benchmark
NIFTY Next 50 TRI
ISIN
INF109K01IF1
Minimum Investment
100.0
Minimum Topup
100.0
Minimum SIP Amount
100
Fund Manager
Nishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| ICICI Prudential Nifty Next 50 Index Fund - Growth | 4.76 | 18.23 | 12.52 |
| Nifty Next 50 TRI | 5.75 | 19.14 | 13.42 |
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
61.6744
Last change
0.16 (0.2559%)
Fund Size (AUM)
₹ 8,900.27 Cr
Performance
12.08% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
Investment Objective
The investment objective of the Scheme is to invest in companies whose securities are included in Nifty Next 50 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 Nifty Next 50. The objective is that the performance of the NAV of the Scheme should closely track the performance of the Nifty Next 50 over the same period subject to tracking error. However, there is no assurance that the investment objective of the Scheme will be realized.
Fund Manager
Nishit Patel, Ajaykumar Solanki, Ashwini Bharucha, Venus Ahuja
Riskometer
Very High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| Adani Power Limited | 3.72 |
| Tata Motors Limited | 3.47 |
| DIVIS LABORATORIES LIMITED EQ NEW RS. 2/- | 3.35 |
| Hindustan Aeronautics Ltd | 3.33 |
| TVS MOTOR COMPANY LIMITED EQ FV RE.1/- | 3.32 |
| THE TATA POWER COMPANY LIMITED EQ NEW FV Re.1/- | 3.01 |
| CUMMINS INDIA LIMITED EQ FV RS.2 | 2.88 |
| Varun Beverages Ltd | 2.85 |
| AVENUE SUPERMARTS LIMITED EQ | 2.73 |
| BRITANNIA INDUSTRIES LIMITED EQ NEW FV RS 1 | 2.73 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 20.75 |
| Capital Goods | 16.85 |
| Power | 11.95 |
| Fast Moving Consumer Goods | 8.91 |
| Automobile and Auto Components | 7.8 |
| Metals & Mining | 6.41 |
| Oil, Gas & Consumable Fuels | 6.4 |
| Healthcare | 6.02 |
| Consumer Services | 4.99 |
| Chemicals | 3.25 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| ICICI Pru Nifty Next 50 Index Gr | 12.52 |