- Mutual Funds
- ICICI Mutual Fund
- ICICI Prudential Nifty Next 50 Index Fund (Growth)
Formerly ICICI Pru Nifty Next 50 Index Reg Gr
Large cap 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).
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 42.6623
NAV (Dec 1)
Fund Returns
Last 1Y | 10.5% |
Last 3Y | 16.3% |
Last 5Y | 11.8% |
Last 10Y | 14.6% |
Since Inception | 11.4% |
6 Month CAGR | 15.1% |
Scheme Information
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.
Expense Ratio | 0.7 |
Launched (13y ago) | Jun 25, 2010 |
AUM in Crores | 2990.674 |
ISIN | INF109K01IF1 |
Lock-in | No Lock-in |
Benchmark | IISL Nifty Next 50 TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 16.5 |
Standard Deviation (5yr) | 19 |
Beta (3yr) | 1 |
Beta (5yr) | 1 |
Sharpe Ratio (3yr) | 0.707 |
Sharpe Ratio (5yr) | 0.406 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| ICICI Prudential Nifty Next 50 Index Fund (Growth) | 9,79,519 | 2,46,907 | 11.8% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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.
Asset allocation and Holdings
Top Stock Holdings
shriram finance ltd
4%bharat electronics ltd
3.6%trent ltd
3.6%cholamandalam investment and finance co ltd
3.4%pidilite industries ltd
2.8%Allocation by Sector
financial services
22.2%basic materials
17.2%industrials
16.3%consumer defensive
15.8%consumer cyclical
10.9%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 11,883 cr | ||
₹ 11,693 cr | ||
₹ 17,531 cr | ||
₹ 10,182 cr | ||
₹ 9,101 cr |
About the AMC
ICICI Prudential Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.9% | 7.1% | ||
12.4% | 15.8% | ||
6.4% | 6.9% | ||
5% | 5.9% | ||
6.4% | 7.5% |
ICICI Prudential Nifty Next 50 Index Fund (G) Review
ICICI Prudential Nifty Next 50 Index Fund (G) is a Large Cap Equity fund and has delivered an annualised return of 11.4% over a period of 13 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.
Nav of ICICI Prudential Nifty Next 50 Index Fund (G) as of 12/1/2023 is ₹42.66 with the total AUM as of 12/3/2023 is ₹2990.674. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Nifty Next 50 Index Fund (G) was launched on Jun 25, 2010. The category risk of the fund is Very High Risk.
The minimum SIP amount for ICICI Prudential Nifty Next 50 Index Fund (G) 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. Check your estimated returns on mutual funds by using sip calculator.
ICICI Prudential Nifty Next 50 Index Fund (G) 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) is rated as a 1 fund in Equity and delivered 10.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ICICI Prudential Nifty Next 50 Index Fund (G).
Frequently Asked Questions
What is ICICI Prudential Nifty Next 50 Index Fund (G)?
How to invest in ICICI Prudential Nifty Next 50 Index Fund (G)?
You can invest in ICICI Prudential Nifty Next 50 Index Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of ICICI Prudential Nifty Next 50 Index Fund (G)?
The minimum sip amount for ICICI Prudential Nifty Next 50 Index Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is ICICI Prudential Nifty Next 50 Index Fund (G) good to invest in?
As per Scripbox experts, ICICI Prudential Nifty Next 50 Index Fund (G) is a Not Recommended fund. You can investICICI Prudential Nifty Next 50 Index Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the ICICI Prudential Nifty Next 50 Index Fund (G)?
The expense ratio of the ICICI Prudential Nifty Next 50 Index Fund (G) is 0.7% for regular plan.