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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Historical NAV
₹ 37.0555
NAV (Jan 21)
Fund Returns
Last 1Y
25.2%
Last 3Y
15.3%
Last 5Y
13.3%
Last 10Y
16%
Since Inception
12%
6 Month CAGR
9.1%
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.
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 491,325 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 116 equity,526 debt and 64 hybrid funds.
ICICI Prudential Nifty Next 50 Index Fund (G) Review
ICICI Prudential Nifty Next 50 Index Fund (G) is a Index Funds Equity fund and has delivered an annualised return of 12% 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.
Nav of ICICI Prudential Nifty Next 50 Index Fund (G) as of 21/01/2022 is ₹37.06 with the total AUM as of 24/01/2022 is ₹1868.988. 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 4 fund in Equity and delivered 25.2% 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)?
ICICI Prudential Nifty Next 50 Index Fund (G) is a Index Funds Equity scheme predominantly investing across Equity stocks with an investment objective to generate wealth over the long term.
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 Top Ranked fund. You can invest ICICI 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 0.8% for regular plan.
