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

ICICI Prudential Nifty Next 50 Index Fund - G

NAV  ₹24.8265 ↓ 0.34   (1.39 %) as on 18 Oct 19

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 10.3% since its launch.  Ranked 5 in Index Fund category.  Return for 2018 was -8.8% , 2017 was 45.7% and 2016 was 7.6% .

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

NAV as on 18 Oct 19₹24.8265 ↓ 0.34   (1.39 %)
Net Assets (AUM) as on 30 Sep 2019 ₹636 Cr.
Launch Date25 Jun 2010
CategoryOthers - Index Fund
Rating
TypeOpen Ended Fund
RiskModerately High
AMCICICI Prudential Asset Management Company Limited
Alpha Ratio-1.1
Expense Ratio0.85 %
Sharpe Ratio-0.138
Information Ratio-2.56
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 18 Oct 19

DurationReturns
1 Month 7.1%
3 Month 3.5%
6 Month -1.2%
1 Year 6.6%
3 Year 6.3%
5 Year 11.2%
10 Year
15 Year
Since launch 10.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 -8.8%
2017 45.7%
2016 7.6%
2015 6.2%
2014 43.6%
2013 5.4%
2012 44.9%
2011 -30.8%
2010

Growth of 10k Over Years

DateValue
30 Sep 14₹10,000
30 Sep 15₹11,416
30 Sep 16₹13,376
30 Sep 17₹16,273
30 Sep 18₹16,132
30 Sep 19₹16,279
ICICI Prudential Nifty Next 50 Index Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash0.53%
Equity99.47%
ICICI Prudential Nifty Next 50 Index Fund Asset Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
SBI Life Insurance Co Ltd (Financial Services)
Equity, Since 31 Mar 18 | 540719
Insurance - Life4%₹27 Cr319,322
↑ 63,115
HDFC Life Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 18 | 540777
Insurance - Life4%₹26 Cr435,323
↑ 21,823
Godrej Consumer Products Ltd (Consumer Defensive)
Equity, Since 30 Sep 12 | 532424
Household & Personal Products4%₹22 Cr326,444
↑ 3,455
Dabur India Ltd (Consumer Defensive)
Equity, Since 31 Oct 11 | 500096
Household & Personal Products3%₹22 Cr488,001
↑ 5,090
Shree Cement Ltd (Basic Materials)
Equity, Since 30 Apr 16 | 500387
Building Materials3%₹20 Cr10,510
↑ 98
Hindustan Petroleum Corp Ltd (Energy)
Equity, Since 31 Mar 19 | HINDPETRO
Oil & Gas Refining & Marketing3%₹19 Cr644,395
↑ 6,725
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Apr 16 | PIDILITIND
Specialty Chemicals3%₹19 Cr131,519
↑ 1,371
Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Mar 19 | DIVISLAB
Drug Manufacturers - Specialty & Generic3%₹18 Cr109,961
↑ 1,138
Marico Ltd (Consumer Defensive)
Equity, Since 30 Sep 15 | 531642
Household & Personal Products3%₹18 Cr445,637
↑ 4,670
Colgate-Palmolive (India) Ltd (Consumer Defensive)
Equity, Since 31 Mar 12 | 500830
Household & Personal Products3%₹17 Cr115,004
↑ 1,186
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Fund Managers

NameSinceTenure
Kayzad Eghlim25 Jun 108.61 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 Svcs
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
₹24.8265
↑ 0.34
-1.15 %6.61 %6.35 %11.18 %
ICICI Prudential Nifty Next 50 Index Fund
Normal Dividend, Payout
₹24.8265
↑ 0.34
-1.15 %6.61 %6.35 %11.18 %
ICICI Prudential Nifty Next 50 Index Fund
Growth
₹24.8265
↑ 0.34
-1.15 %6.61 %6.35 %11.18 %
Data as on 18 Oct 19

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