Index funds funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
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Scheme Information
Investment Objective
An open-ended index linked growth scheme seeking to track the returns of the Nifty 50 through investments in a basket of stocks drawn from the constituents of the above index. The objective of the Scheme is to invest in companies whose securities are included in Nifty and subject to tracking errors,to endeavor to achieve the returns of the above index as closely as possible. This would be done by investing in almost all the stocks comprising the Nifty 50 in approximately the same weightage that they represent in Nifty 50. The Scheme will not seek to outperform the Nifty 50 or to under perform it. The objective is that the performance of the NAV of the Scheme should closely track the performance of the Nifty 50 over the same period. However,there is no assurance or guarantee that the investment objective of the scheme shall be achieved
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
ICICI Prudential Asset Management Company Limited manages assets worth 397,138 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 104 equity,526 debt and 64 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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About ICICI Prudential Nifty Index Plan (G)
About ICICI Prudential Nifty Index Plan (G)
ICICI Prudential Nifty Index Plan (G) is a index funds equity fund and has delivered an annualised return of 15.0% over a period of 19 years .The fund was previously known as ICICI Pru Nifty Index Reg.The fund is managed by ICICI Prudential Asset Management Company Limited.The fund managers are Kayzad Eghlim, Nishit Patel
ICICI Prudential Nifty Index Plan (G) Investment Objective
An open-ended index linked growth scheme seeking to track the returns of the Nifty 50 through investments in a basket of stocks drawn from the constituents of the above index. The objective of the Scheme is to invest in companies whose securities are included in Nifty and subject to tracking errors,to endeavor to achieve the returns of the above index as closely as possible. This would be done by investing in almost all the stocks comprising the Nifty 50 in approximately the same weightage that they represent in Nifty 50. The Scheme will not seek to outperform the Nifty 50 or to under perform it. The objective is that the performance of the NAV of the Scheme should closely track the performance of the Nifty 50 over the same period. However,there is no assurance or guarantee that the investment objective of the scheme shall be achieved However, there is no assurance that the objective of the scheme will be realized.
ICICI Prudential Nifty Index Plan (G) NAV,AUM,Risk
The ICICI Prudential Nifty Index Plan (G) fund was launched on Feb 26, 2002. The NAV (Net Asset Value) of this index funds equity as of 2021-01-22 is ₹ 139.6721. The total AUM (Asset Under Management) of the fund as of 2021-01-25 is ₹ 1217.217. The category risk of the ICICI Prudential Nifty Index Plan (G) fund is Moderately High risk.
The fund charges 0.45 % as expense ratio.
ICICI Prudential Nifty Index Plan (G) Holdings
The fund’s highest allocation is towards equity and has invested 99.6% in this asset class. The top three holdings of the fund are reliance industries ltd,hdfc bank ltd and infosys ltd
ICICI Prudential Nifty Index Plan (G) SIP
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
ICICI Prudential Nifty Index Plan (G) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty 50 TR INR
ICICI Prudential Nifty Index Plan (G) Review
ICICI Prudential Nifty Index Plan (G) has a score of 4 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, ICICI Prudential Nifty Index Plan (G) has a score of 3 out of 5.
Scipbox has rated this fund 2 out of 5 based on consistency of performance over various years / tenures.
