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  • ICICI Prudential Asset Management Company Limited
  • ICICI Prudential Nifty Next 50 Index Fund (Growth)

Formerly ICICI Pru Nifty Next 50 Index Reg Gr

ICICI Prudential Nifty Next 50 Index Fund (Growth)

ICICI Prudential Nifty Next 50 Index Fund (Growth)

Equity

Index Funds

Top Ranked

26.7967

NAV (Nov 24)

Scripbox Opinion

Top Ranked

This fund 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

10 Years

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

Relative Size

825 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
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    Recommended Duration > 5 years
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    3 years
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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

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Moderately Low

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Moderate

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Moderately High

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High

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risk-indicator-arrow.svg

Moderately High risk

0.85 %

Expense Ratio

Jun 25, 2010

Launched (10y ago)

₹ 825

AUM in Crores

INF109K01IF1

ISIN

No Lock-in

Lock-in

IISL Nifty Next 50 TR INR

Benchmark

₹ 1,000

SIP Minimum

₹ 5,000

Lumpsum Min.

Fund Managers
user-avatar

Kayzad Eghlim

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
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    One click investing tracking
asset-allocation

Asset allocation and Holdings

Last updated on 2020-11-24

Top Stock Holdings

Avenue supermarts ltd

4.4%
4.4%

Adani green energy ltd

4.3%
4.3%

Tata consumer products ltd

3.9%
3.9%

Dabur india ltd

3.8%
3.8%

Info edge (india) ltd

3.5%
3.5%
See all holdingsright-arrow
allocation by market cap

Allocation by Sector

Consumer defensive

25%
90%

Financial services

19.1%
90%

Healthcare

13.6%
90%

Basic materials

11.1%
90%

Utilities

7.2%
90%
See all sectorsright-arrow
comparison

Comparison with Equity Funds

L&T Midcap Fund (G)

L&T Midcap Fund (G)

Mid Cap

Recommended

Top Ranked

16 Years

Age

5

Track Record

HDFC Index Nifty 50 fund (G)

HDFC Index Nifty 50 fund (G)

Index Funds

Recommended

Top Ranked

18 Years

Age

5

Track Record

UTI Nifty Index Fund (G)

UTI Nifty Index Fund (G)

Index Funds

Recommended

Top Ranked

20 Years

Age

5

Track Record

Nippon India Growth Fund (G)

Nippon India Growth Fund (G)

Mid Cap

Recommended

Top Ranked

25 Years

Age

5

Track Record

HDFC Top 100 Fund (G)

HDFC Top 100 Fund (G)

Large Cap

Recommended

Top Ranked

24 Years

Age

5

Track Record

amc-icon

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 364,184 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 104 equity,526 debt and 67 hybrid funds.

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  • tel-amc-about
    022-26525000
  • mail-amc-about
    enquiry@icicipruamc.com
  • ICICI Prudential Bluechip Fund (G)

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    Large Cap

    Recommended

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    ₹ 23,486 Cr

    Fund Size

    5.5%

    3Y returns

    ICICI Prudential Savings Fund (G)

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    ₹ 23,676 Cr

    Fund Size

    8.1%

    3Y returns

    ICICI Prudential Bluechip Fund Institutional I (G)

    ICICI Prudential Bluechip Fund Institutional I (G)

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    Fund Size

    0.2%

    3Y returns

    ICICI Prudential Savings Fund Retail Plan (G)

    ICICI Prudential Savings Fund Retail Plan (G)

    Low Duration

    Top Ranked

    ₹ 23,676 Cr

    Fund Size

    6.7%

    3Y returns

    ICICI Prudential Savings Fund (DR-D)

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    Low Duration

    Top Ranked

    ₹ 23,676 Cr

    Fund Size

    5.5%

    3Y returns

    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
      3 years
    • 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
    Kotak Standard Multicap fund (Growth)

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    Equity

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    Investment Calculator

    Investment Duration5 years

    ₹ 0

    Total Investment

    ₹ 0

    Wealth Gained

    ₹ 0

    Total Corpus Created (₹)

    With assumed returns of 12 %
    How does Scripbox rate funds?

    Proprietary 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.

    Relative Size

    Relative Size

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

    Category View

    Category View

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

    Consistency Of Performance

    Consistency Of 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.

    Relative Size

    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

    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

    Credit Quality Of Fund’s Portfolio

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

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    Debt Funds

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    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 9.9% over a period of 10 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 manager’s name is Kayzad Eghlim.

    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 as of 2020-11-24 is ₹ 26.7967. The total AUM (Asset Under Management) of the fund as of 2020-11-25 is ₹ 824.630. The category risk of the ICICI Prudential Nifty Next 50 Index Fund (G) fund is Moderately High risk. The fund charges 0.85 % as expense ratio.

    ICICI Prudential Nifty Next 50 Index Fund (G) Holdings

    The fund’s highest allocation is towards equity and has invested 99.4% in this asset class. The top three holdings of the fund are avenue supermarts ltd,adani green energy ltd and tata consumer products ltd

    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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