ICICI Pru Nifty Next 50 Index Fund (G)
Scheme Information
2019-04-26
| 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 |
Scripbox has taken due care and caution in compilation of the data contained in this factsheet. This data has been obtained by Scripbox from sources which it considers reliable. However, please verify the data from the mutual fund (link provided) before taking any Investment action based on this information.
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