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ICICI Pru Nifty Next 50 Index Fund (G)

Scheme Information

2019-04-26

Asset Management Company (AMC) ICICI Prudential Asset Management Company Limited
Asset Class Type Equity
Inception Date Jun 25, 2010
Benchmark NIFTY NEXT 50 - TRI
Objective The objective of the fund is to invest in companies whose securities are included in Nifty Junior Index and to endeavor to achieve the returns of the above index as closely as possible though subject to tracking error. The fund intends to track only 90-95% of the Index i.e. it will always keep cash balance between 5-10% of the Net Assets to meet the redemptions and other liquidity requirements. However as and when the liquidity in the Index improves the fund intends to track upto 100% of the Index.
Fund Manager Kayzad Eghlim
AUM (In Crores) 437.10
Allocation
Others: 2.1697%
Equity: 97.8303%
Exit Load Nil
Minimum Investment Amount First Investment: 5000
Expense Ratio 0.85

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