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    • ICICI Prudential Nifty Next 50 Index Fund (Growth)

    Formerly ICICI Pru Nifty Next 50 Index Reg Gr

    ICICI Mutual Funds

    ICICI Prudential Nifty Next 50 Index Fund (Growth)

    EquityIndex Funds

    Top Ranked

    38.1327

    NAV (Sep 23)

    13.4%
    5 Year CAGR
    Scripbox Opinion

    Top Ranked

    ICICI Prudential Nifty Next 50 Index Fund (Growth) is a good choice within index funds mutual funds.

    Scripbox recommends other funds for investment in index funds.

    Click here to see our recommendations.

    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).

    Our analysis of this fundLearn how we rate funds ->

    Track Record

    11 Years. The Fund has Sufficient history for analysis and the track record is good.

    Relative Size

    1,536 Cr. Medium within the category

    Category View

    Superior. The category has a superior investment outlook

    Consistency Of Performance

    Good. The historical performance of the fund has been good

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      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      No Lock-in
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      Grow Wealth , Retirement , Kid's Education

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    Historical NAV

    38.1327

    NAV (Sep 23)

    Fund Returns

    Last 1Y
    64.2%
    Last 3Y
    14.6%
    Last 5Y
    13.4%
    Last 10Y
    15.8%
    Since Inception
    12.6%
    6 Month CAGR
    24.4%
    info-icon-blue

    Scheme Information

    Investment Objective

    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.

    Low

    Low to Moderate

    Moderate

    Moderately High

    High

    Very High

    risk-indicator-arrow.svg

    Very High Risk

    Expense Ratio
    0.8
    Launched (11y ago)
    Jun 25, 2010
    AUM in Crores
    1535.055
    ISIN
    INF109K01IF1
    Lock-in
    No Lock-in
    Benchmark
    IISL Nifty Next 50 TR INR
    SIP Minimum
    1000
    Lumpsum Min.
    5000
    Fund Managers
    user-avatar

    Kayzad Eghlim

    Fund Manager

    user-avatar

    Nishit Patel

    Fund Manager

    calculator

    Returns Calculator Comparison

    of

    for

    with step up of

    InstrumentReturnsTotal CorpusGainsAnnualised %
    Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
    EPF70% ₹ 900,761 ₹ 168,1498.50%
    Property70% ₹ 867,662 ₹ 135,0507.00%
    PPF70% ₹ 869,819 ₹ 137,2077.10%
    Bank FD70% ₹ 846,471 ₹ 113,8596.00%
    Gold70% ₹ 846,471 ₹ 113,8596.00%
    Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

    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.

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    Build Long Term Wealth

    Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

    • Inflation beating returns
      Inflation beating returns
    • Grow Wealth , Retirement , Kid's Education
      Grow Wealth , Retirement , Kid's Education
    • One click investing  tracking
      One click investing tracking
    comparison

    Comparison with Equity Funds

    Fund NameScripbox OpinionFund SizeTrack Record

    SBI Focused Equity Fund (G)

    recommended-badge

    ₹ 19,429 cr

    5

    recommended-badge

    ₹ 5,308 cr

    5

    recommended-badge

    ₹ 4,853 cr

    5

    recommended-badge

    ₹ 3,705 cr

    5

    recommended-badge

    ₹ 3,232 cr

    5

    amc-icon

    About the AMC

    ICICI Prudential Asset Management Company Limited

    ICICI Prudential Asset Management Company Limited manages assets worth 474,066 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 110 equity,526 debt and 64 hybrid funds.

    amc-img

  • tel-amc-about
    022-26525000
  • mail-amc-about
    enquiry@icicipruamc.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    recommended-badge

    16.2%

    15.1%

    recommended-badge

    7.6%

    8%

    top-ranked-badge

    0.2%

    11.7%

    top-ranked-badge

    6.7%

    7.4%

    top-ranked-badge

    5.8%

    4.7%

    growth

    Build Long Term Wealth

    Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Grow Wealth , Retirement , Kid's Education
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

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    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.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund 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

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    About ICICI Prudential Nifty Next 50 Index Fund (G)

    About ICICI Prudential Nifty Next 50 Index Fund (G)

    ICICI Prudential Nifty Next 50 Index Fund (G) is a Index Funds Equity fund and has delivered an annualised return of 12.6% over a period of 11 years. The fund was previously known as ICICI Pru Nifty Next 50 Index Reg Gr . The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Kayzad Eghlim, Nishit Patel

    ICICI Prudential Nifty Next 50 Index Fund (G) Investment Objective

    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. . However, there is no assurance that the objective of the scheme will be realized.

    ICICI Prudential Nifty Next 50 Index Fund (G) NAV,AUM,Risk

    The ICICI Prudential Nifty Next 50 Index Fund (G) fund was launched on Jun 25, 2010. The NAV (Net Asset Value) of this Index Funds Equity fund as of 2021-09-23 is ₹38.13. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹1535.055. The category risk of the ICICI Prudential Nifty Next 50 Index Fund (G) fund is Very High Risk. The fund charges 0.8 % as expense ratio.

    ICICI Prudential Nifty Next 50 Index Fund (G) Holdings

    The fund’s highest allocation is towards Equity and has invested 99.8% in this asset class. The top three holdings of the fund are , apollo hospitals enterprise ltd , info edge (india) ltd , avenue supermarts ltd , adani enterprises ltd , godrej consumer products ltd , vedanta ltd , adani green energy ltd , dabur india ltd , icici lombard general insurance co ltd , pidilite industries ltd , adani transmission ltd , havells india ltd , piramal enterprises ltd , ambuja cements ltd , jubilant foodworks ltd , marico ltd , gail (india) ltd , icici prudential life insurance company limited , larsen & toubro infotech ltd , lupin ltd , colgate-palmolive (india) ltd , united spirits ltd , dlf ltd , siemens ltd , sbi cards and payment services ltd ordinary shares , aurobindo pharma ltd , berger paints india ltd , acc ltd , bandhan bank ltd , indraprastha gas ltd , interglobe aviation ltd , nmdc ltd , indus towers ltd ordinary shares , bajaj holdings and investment ltd , petronet lng ltd , hdfc asset management company limited , hindustan petroleum corp ltd , biocon ltd , mrf ltd , muthoot finance ltd , alkem laboratories ltd , torrent pharmaceuticals ltd , gland pharma ltd , cadila healthcare ltd , bosch ltd , united breweries ltd , yes bank ltd , punjab national bank , procter & gamble hygiene and health care ltd , abbott india ltd , treps , net current assets

    ICICI Prudential Nifty Next 50 Index Fund (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 Next 50 Index Fund (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 Next 50 TR INR

    ICICI Prudential Nifty Next 50 Index Fund (G) Review

    ICICI Prudential Nifty Next 50 Index Fund (G) has a score of 4 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, ICICI Prudential Nifty Next 50 Index Fund (G) has a score of 3 out of 5 Scipbox has rated this fund 4 out of 5 based on consistency of performance over various years / tenures.

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