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  • ICICI Prudential Nifty Next 50 Index Fund (RIDCW-A)

Formerly ICICI Pru Nifty Next 50 Index DR

ICICI Mutual Fund

ICICI Prudential Nifty Next 50 Index Fund (RIDCW-A)

EquityLarge Cap

61.7241

NAV (Jun 12)

20.2%
5 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in large cap mutual funds.

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).

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Good

The performance of the fund on a Fund Size metric has been Good

Outperformance Consistency

Neutral

The performance of the fund on a Outperformance Consistency metric has been Neutral

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

61.7241

NAV (Jun 12)

Fund Returns

Last 1Y
63.6%
Last 3Y
21.4%
Last 5Y
20.5%
Last 10Y
15.7%
Since Inception
13.9%
6 Month CAGR
38.1%

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.

Expense Ratio
0.66
Launched (14y ago)
Jun 25, 2010
AUM in Crores
5283.538
ISIN
INF109K01IE4
Lock-in
No Lock-in
Benchmark
Nifty Next 50 TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
16.7
Standard Deviation (5yr)
19.4
Beta (3yr)
1
Beta (5yr)
1
Sharpe Ratio (3yr)
0.927
Sharpe Ratio (5yr)
0.748
YTM
0
Fund Managers

Nishit Patel

Fund Manager

Priya Sridhar

Fund Manager

Ajaykumar Solanki

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
ICICI Prudential Nifty Next 50 Index Fund (RIDCW-A)70%12,23,357 4,90,74520.2%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 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.

Asset allocation and Holdings

Last updated on 2024-06-12

Top Stock Holdings

bharat electronics ltd

5.3%
5.3%

trent ltd

5%
5%

hindustan aeronautics ltd ordinary shares

4.6%
4.6%

tata power co ltd

3.7%
3.7%

power finance corp ltd

3.5%
3.5%
See all holdings

Allocation by Sector

financial services

22.8%
22.8%

industrials

22%
22%

basic materials

12.8%
12.8%

consumer cyclical

12.1%
12.1%

consumer defensive

10.9%
10.9%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
Mirae Asset ELSS Tax Saver Fund (G)
Mirae Asset ELSS Tax Saver Fund (G)

₹ 22,620 cr

₹ 15,161 cr

₹ 19,454 cr

₹ 55,459 cr

₹ 42,669 cr

amc-img

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 748,848 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 163 equity,554 debt and 65 hybrid funds.amc-img
phone-img022-26525000
Fund NameScripbox Opinion
Till Date CAGR

5.6%

7.1%

8.9%

15.8%

24.3%

20.7%

20.4%

15.5%

0.2%

11.7%

ICICI Prudential Nifty Next 50 Index Fund (RIDCW-A) Review

ICICI Prudential Nifty Next 50 Index Fund (RIDCW-A) is a Large Cap Equity fund and has delivered an annualised return of 13.9% over a period of 13 years. The fund was previously known as ICICI Pru Nifty Next 50 Index DR. The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Ajaykumar Solanki, Nishit Patel, Priya Sridhar.

Nav of ICICI Prudential Nifty Next 50 Index Fund (RIDCW-A) as of 6/12/2024 is ₹61.72 with the total AUM as of 6/13/2024 is ₹5283.538. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Nifty Next 50 Index Fund (RIDCW-A) 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 (RIDCW-A) 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 (RIDCW-A) 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 Nifty Next 50 TR INR.

ICICI Prudential Nifty Next 50 Index Fund (RIDCW-A) is rated as a 3 fund in Equity and delivered 63.2% 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 (RIDCW-A).

Frequently Asked Questions

What is ICICI Prudential Nifty Next 50 Index Fund (RIDCW-A)?

ICICI Prudential Nifty Next 50 Index Fund (RIDCW-A) is a Large Cap Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in ICICI Prudential Nifty Next 50 Index Fund (RIDCW-A)?

You can invest in ICICI Prudential Nifty Next 50 Index Fund (RIDCW-A) 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 (RIDCW-A)?

The minimum sip amount for ICICI Prudential Nifty Next 50 Index Fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.

Is ICICI Prudential Nifty Next 50 Index Fund (RIDCW-A) good to invest in?

As per Scripbox experts, ICICI Prudential Nifty Next 50 Index Fund (RIDCW-A) is a Neutral fund. You can investICICI Prudential Nifty Next 50 Index Fund (RIDCW-A) 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 (RIDCW-A)?

The expense ratio of the ICICI Prudential Nifty Next 50 Index Fund (RIDCW-A) is 0.66% for regular plan.