Share Fund
The investment objective of the Scheme is to invest in companies whose securities are included in Nifty Next 50 TRI (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.
Suitability
This product is suitable for investors who are seeking
•
• An index fund that invests in companies that form part of the Nifty Junior Index and aims to achieve returns of the stated index, subject to tracking error
| Scheme Class | Equity |
| Scheme Category | Index Funds |
| Expense Ratio | 0.31% |
| Min subscription | ₹ 100 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 6,644 |
| AMC AUM (in Crs.) | ₹ 3,20,793 |
| Min Addition Subscription | ₹ 100 |
| Benchmark Type |
| Exit Load | No Exit load, if redeemed after 0 years. |
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|---|---|---|
UTI Nifty Next 50 Index Fund - Direct Plan | 1000 | 1000 | 15.67% |
Nippon India Index Fund BSE Sensex Plan - Direct Plan | 1000 | 1000 | 13.27% |
UTI Nifty 50 Index Fund - Direct Plan | 0 | 0 | 13.62% |
HDFC BSE Sensex Index Fund - Direct Plan | 1000 | 1000 | 13.24% |
ICICI Prudential Nifty 50 Index Fund - Direct Plan | 0 | 0 | 13.57% |
| Company | Holding Type | Asset(%) |
|---|---|---|
Trent Ltd | Equity | 6 |
Bharat Electronics Ltd | Equity | 5 |
Hindustan Aeronautics Ltd Ordinary Shares | Equity | 4 |
Power Finance Corp Ltd | Equity | 4 |
REC Ltd | Equity | 3 |
Tata Power Co Ltd | Equity | 3 |
Vedanta Ltd | Equity | 3 |
InterGlobe Aviation Ltd | Equity | 3 |
Indian Oil Corp Ltd | Equity | 3 |
GAIL (India) Ltd | Equity | 3 |
| Asset | Percent |
|---|---|
Equity | 100 |
Cash | 0 |
Cash - Repurchase Agreement | 0 |
| Sector | Percent |
|---|---|
Financial Services | 22 |
Industrials | 20 |
Consumer Cyclical | 14 |
Basic Materials | 13 |
Consumer Defensive | 11 |
Fund Manager
Nishit Patel
3+ years of experience
Priya Sridhar
0+ years of experience
Ajaykumar Solanki
0+ years of experience
About
enquiry@icicipruamc.com
Phone
1800 200 6666
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East), Mumbai - 400 051
