ICICI Prudential Nifty Next 50 Index Fund Direct Plan

Scheme Type
Open-ended
Scheme Category
Index Funds
Benchmark Type
Nifty Next 50 Index
Scheme AUM (in Crs.)
₹ 300.68
Expense Ratio
0.44%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 307735
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
25.1747
(0.71 %)
NAV as on 2019-01-15
Returns
Fund
ICICI Prudential Nifty Next 50 Index Fund Direct Plan
1 Year
-10.31%
3 Year
15.06%
5 Year
17.82%
AMC Details
amc launch date
Launch Date
13 Oct 1993
amc sponsor
Sponsor
NA
amc email
Email
enquiry@icicipamc.com
amc phone
Phone
022 - 26525000
amc address
Address
3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East), Mumbai - 400 051
Tax Implications
Short Term Capital Gain (Holding period < 12months):
17.16% - 17.94%
(15% + Surcharge @ 10%-15% + 4% Health & Education Cess.)
Long Term Capital Gain:
10% without indexation & without foreign currency conversion benefit + Surcharge @10%-15% + 4% Health & Education Cess
Taxation on Dividends:
10%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately High
Exit Load
Exit load of 0.25% if redeemed within 7 days
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
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.
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
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
5,822
Portfolio Value
-178
Total Returns