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Fincash » Mutual Funds » ICICI Prudential Nifty Next 50 Index Fund

ICICI Prudential Nifty Next 50 Index Fund - G

NAV  ₹37.1772 ↓ -0.08  (-0.20 %) as on 3 Dec 21

Scheme Objective

The fund's objective 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 Asset to meet the redemption and other liquidity requirements. However, as and when the liquidity in the Index improves the fund intends to track up to 100% of the Index. The fund will not seek to outperform the CNX Nifty Junior. The objective is that the performance of the NAV of the fund should closely track the performance of the CNX Nifty Junior over the same period subject to tracking error.

ICICI Prudential Nifty Next 50 Index Fund is a Others - Index Fund fund launched on 25 Jun 10. It is a fund with Moderately High risk and has given a CAGR return of 12.2% since its launch.  Ranked 5 in Index Fund category.  Return for 2020 was 14.3% , 2019 was 0.6% and 2018 was -8.8% .

Below is the key information for ICICI Prudential Nifty Next 50 Index Fund

NAV as on 3 Dec 21₹37.1772 ↓ -0.08  (-0.20 %)
Net Assets (AUM) as on 31 Oct 2021 ₹1,656 Cr.
Launch Date25 Jun 2010
CategoryOthers - Index Fund
Rating
TypeOpen Ended Fund
RiskModerately High
AMCICICI Prudential Asset Management Company Limited
Alpha Ratio-1.08
Expense Ratio0.83 %
Sharpe Ratio2.823
Information Ratio-7.42
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹100
Exit Load 0-7 Days (0.25%),7 Days and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 3 Dec 21

DurationReturns
1 Month -1.2%
3 Month -0.5%
6 Month 9.3%
1 Year 34.6%
3 Year 14.9%
5 Year 14.4%
10 Year
15 Year
Since launch 12.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2020 14.3%
2019 0.6%
2018 -8.8%
2017 45.7%
2016 7.6%
2015 6.2%
2014 43.6%
2013 5.4%
2012 44.9%

Growth of 10k Over Years

DateValue
30 Nov 16₹10,000
30 Nov 17₹13,530
30 Nov 18₹12,575
30 Nov 19₹13,011
30 Nov 20₹13,763
30 Nov 21₹18,868
ICICI Prudential Nifty Next 50 Index Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash0.18%
Equity99.82%
ICICI Prudential Nifty Next 50 Index Fund Asset Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 30 Sep 17 | 540376
Discount Stores4%₹69 Cr149,398
↑ 7,597
Info Edge (India) Ltd (Communication Services)
Equity, Since 30 Jun 20 | NAUKRI
Internet Content & Information4%₹63 Cr104,155
↑ 4,738
Apollo Hospitals Enterprise Ltd (Healthcare)
Equity, Since 31 Mar 21 | APOLLOHOSP
Medical Care Facilities3%₹58 Cr135,665
↑ 6,170
Vedanta Ltd (Basic Materials)
Equity, Since 31 Mar 21 | 500295
Other Industrial Metals & Mining3%₹53 Cr1,753,690
↑ 79,788
Adani Enterprises Ltd (Energy)
Equity, Since 31 Mar 21 | 512599
Thermal Coal3%₹53 Cr370,618
↑ 16,862
ICICI Lombard General Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 18 | 540716
Insurance - Diversified3%₹51 Cr343,805
↑ 15,642
Adani Transmission Ltd (Utilities)
Equity, Since 31 Mar 20 | 539254
Utilities - Regulated Electric3%₹49 Cr276,101
↑ 14,409
Godrej Consumer Products Ltd (Consumer Defensive)
Equity, Since 30 Sep 12 | 532424
Household & Personal Products3%₹49 Cr509,977
↑ 23,201
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Apr 16 | PIDILITIND
Specialty Chemicals3%₹48 Cr205,486
↑ 9,349
Adani Green Energy Ltd (Utilities)
Equity, Since 30 Sep 20 | 541450
Utilities - Renewable3%₹47 Cr408,344
↑ 21,311
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Fund Managers

NameSinceTenure
Kayzad Eghlim25 Jun 1011.36 Yr.
Nishit Patel18 Jan 210.79 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,
HDFC Bank LtdHDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W),
Citibank N.A. IndiaTrent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East),
HSBC LtdII Floor "Shiv",,Plot No 139-140 B,,Western Express Highway, Sahar Road Junction,,Vile Parle (E),

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
ICICI Prudential Mutual FundOne BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
ICICI Prudential Nifty Next 50 Index Fund
Normal Dividend, Reinvestment
₹37.1772
↓ -0.08
9.29 %34.6 %14.88 %14.36 %
ICICI Prudential Nifty Next 50 Index Fund
Normal Dividend, Payout
₹37.1772
↓ -0.08
9.29 %34.6 %14.88 %14.36 %
ICICI Prudential Nifty Next 50 Index Fund
Growth
₹37.1772
↓ -0.08
9.29 %34.6 %14.88 %14.36 %
Data as on 3 Dec 21

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.