ICICI Prudential Nifty Next 50 Index - Direct Plan
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.
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
Fund Info
| Scheme Class | Equity |
| Scheme Category | Index Funds |
| Benchmark Type | Nifty Next 50 Index |
| Expense Ratio | 0.39% |
| Min subscription | ₹ 5,000 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 710 |
| AMC AUM (in Crs.) | ₹ 3,20,793 |
| Min Addition Subscription | ₹ 1,000 |
Building Graph
Peer Comparison
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|
Top 10 Holdings
| Company | Holding Type | Asset(%) |
|---|---|---|
| SBI Life Insurance Co Ltd | Equity | 5 |
| HDFC Life Insurance Co Ltd | Equity | 4 |
| Godrej Consumer Products Ltd | Equity | 4 |
| Dabur India Ltd | Equity | 3 |
| Shree Cement Ltd | Equity | 3 |
| Bandhan Bank Ltd | Equity | 3 |
| Divi's Laboratories Ltd | Equity | 3 |
| ICICI Lombard General Insurance Co Ltd | Equity | 3 |
| Hindustan Petroleum Corp Ltd | Equity | 3 |
| Petronet LNG Ltd | Equity | 3 |
Asset Allocation(%)
| Asset | Percent |
|---|---|
| Equity | 100 |
| Cash | 1 |
| Cash - Repurchase Agreement | 1 |
| Other Assets And Liabilities | 0 |
Sector Allocation(%)
| Sector | Percent |
|---|---|
| Financial Services | 31 |
| Consumer Defensive | 20 |
| Basic Materials | 13 |
| Healthcare | 12 |
| Industrials | 8 |
ICICI Prudential Mutual Fund
AUM₹3,20,793 Cr
About
ICICI Prudential is one of the most popular mutual fund investment companies in India.##It is the largest asset management company (AMC) in the country as per average assets under management of Rs. 305,739 Crores by the end of March 2018##ICICI Prudential AMC plans to bridge the gap between savings & investments to help create long term wealth & value for investors through innovation, consistency & sustained risk adjusted performance. Invest in ICICI Prudential mutual fund schemes at your convenience and fulfill your long term & short term financial goals. Choose from an array of schemes according to your financial needs and investment objectives. Invest today a lump sum amount or start a systematic investment plan (SIP).
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AddressCalculate Returns
Investment DurationYears6Months0
Investment Amount₹ 10000
Return Amount₹ 4185
Return Rate6 %
Duration6y 0m