Fincash » Mutual Funds » ICICI Prudential Nifty Next 50 Index Fund
Table of Contents 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 Below is the key information for ICICI Prudential Nifty Next 50 Index Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis ICICI Prudential Nifty Next 50 Index Fund - G
Scheme Objective
CAGR return of 13.5% since its launch. Ranked 5 in Index Fund category. Return for 2023 was 26.3% , 2022 was 0.1% and 2021 was 29.5% . NAV as on 2 Dec 24 ₹62.5571 ↑ 0.38 (0.61 %) Net Assets (AUM) as on 31 Oct 2024 ₹6,759 Cr. Launch Date 25 Jun 2010 Category Others - Index Fund Rating ☆☆☆☆☆ Type Open Ended Fund Risk Moderately High AMC ICICI Prudential Asset Management Company Limited Alpha Ratio -0.72 Expense Ratio 0.7 % Sharpe Ratio 2.35 Information Ratio -11.25 Benchmark Not Available Min Investment ₹5,000 Min SIP Investment ₹100 Exit Load 0-7 Days (0.25%),7 Days and above(NIL) NAV Price Chart
Returns
Annual Compounded Returns
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 Dec 24 Duration Returns 1 Month 1.8% 3 Month -5.7% 6 Month 5.4% 1 Year 46.6% 3 Year 18.9% 5 Year 19.9% 10 Year 15 Year Since launch 13.5% Historical Annual Returns
Year Returns 2023 26.3% 2022 0.1% 2021 29.5% 2020 14.3% 2019 0.6% 2018 -8.8% 2017 45.7% 2016 7.6% 2015 6.2% Growth of 10k Over Years
Date Value 30 Nov 19 ₹10,000 30 Nov 20 ₹10,578 30 Nov 21 ₹14,501 30 Nov 22 ₹15,208 30 Nov 23 ₹16,703 30 Nov 24 ₹24,579 Asset Allocation
Asset Class Value Cash 0.06% Equity 99.94% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity Vedanta Ltd (Basic Materials)
Equity, Since 31 Mar 21 | 500295Other Industrial Metals & Mining 4% ₹304 Cr 5,924,445
↑ 915,742 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 30 Sep 22 | HALAerospace & Defense 4% ₹293 Cr 663,842
↑ 106,048 InterGlobe Aviation Ltd (Industrials)
Equity, Since 30 Sep 16 | INDIGOAirlines 4% ₹289 Cr 604,284
↑ 109,896 Tata Power Co Ltd (Utilities)
Equity, Since 31 Aug 22 | 500400Utilities - Independent Power Producers 4% ₹285 Cr 5,900,270
↑ 855,631 Power Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 24 | 532810Credit Services 3% ₹248 Cr 5,082,124
↑ 756,816 REC Ltd (Financial Services)
Equity, Since 31 Mar 24 | 532955Credit Services 3% ₹242 Cr 4,359,678
↑ 673,106 Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Sep 24 | DIVISLABDrug Manufacturers - Specialty & Generic 3% ₹242 Cr 443,690
↑ 443,690 Indian Oil Corp Ltd (Energy)
Equity, Since 31 Mar 22 | IOCOil & Gas Refining & Marketing 3% ₹236 Cr 13,093,895
↑ 2,157,270 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Sep 21 | CHOLAFINCredit Services 3% ₹234 Cr 1,456,739
↑ 205,583 TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | 532343Auto Manufacturers 3% ₹233 Cr 820,992
↑ 127,558
Talk to our investment specialistFund Managers
Name Since Tenure Nishit Patel 18 Jan 21 3.79 Yr. Priya Sridhar 1 Feb 24 0.75 Yr. Ajaykumar Solanki 1 Feb 24 0.75 Yr. Custodians
Company Address Deutsche Bank AG Deutsche Bank AG,Kodak House, 22, D.N. Road, HDFC Bank Ltd HDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W), Citibank N.A. India Trent House, 3rd Floor, G Block,,Plot No.60, Next to Citibank,,Bandra Kurla Complex,,Bandra (East), HSBC Ltd II Floor "Shiv",,Plot No 139-140 B,,Western Express Highway, Sahar Road Junction,,Vile Parle (E), Registrar & Transfer Agent
Computer Age Management Services Ltd Address New No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam FAX 91-44-28283610 Email enq_L@camsonline.com Administrator Companies
Company Address ICICI Prudential Mutual Fund One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051 Auditors
Company Address S. R. BATLIBOI & Co Express Tower, 6th Floor,Nariman Point,Mumbai All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year ICICI Prudential Nifty Next 50 Index Fund
Normal Dividend, Reinvestment ₹62.5563
↑ 0.38 5.35 % 46.63 % 18.86 % 19.86 % ICICI Prudential Nifty Next 50 Index Fund
Normal Dividend, Payout ₹62.5563
↑ 0.38 5.35 % 46.63 % 18.86 % 19.86 % ICICI Prudential Nifty Next 50 Index Fund
Growth ₹62.5571
↑ 0.38 5.35 % 46.63 % 18.86 % 19.86 % Data as on 2 Dec 24
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.
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