FAQ : ICICI Prudential Nifty 50 Index Fund - Cumulative - Direct Plan

ICICI Prudential Nifty 50 Index Fund - Cumulative - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 29.76 16.01 14.96 12.24
Average Rolling Returns(%) 14.81 13.31 12.38 12.85

The Current NAV of ICICI Prudential Nifty 50 Index Fund - Cumulative - Direct Plan is ₹232.38.

You can consider SIP in ICICI Prudential Nifty 50 Index Fund - Cumulative - Direct Plan as it has consistently outperformed the benchmark and has a Very good quality portfolio. However, funds returns unlikely to be different than its benchmark NIFTY 50, as the Funds portfolio is similar to its benchmark.

ICICI Prudential Nifty 50 Index Fund - Cumulative - Direct Plan fund’s expense ratio is 0.17%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of ICICI Prudential Nifty 50 Index Fund - Cumulative - Direct Plan is currently ₹7,194 Crores.

The Top three stocks are HDFC Bank, Reliance Industries and ICICI Bank and account for 29% of its portfolio. Top 5 and 10 stocks of fund account for 39% and 56% of fund’s portfolio respectively.

Top three sectors of ICICI Prudential Nifty 50 Index Fund - Cumulative - Direct Plan fund are BFSI, IT and Oil & Gas accounting for 58% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Index Funds - Nifty it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of ICICI Prudential Nifty 50 Index Fund - Cumulative - Direct Plan Fund is Index Funds - Nifty.

Kayzad Eghlim and Nishit Patel manage the ICICI Prudential Nifty 50 Index Fund - Cumulative - Direct Plan Fund.

ICICI Prudential Nifty 50 Index Fund - Cumulative - Direct Plan current PE ratio is 32.59 and PB ratio is 6.30

The asset allocation of ICICI Prudential Nifty 50 Index Fund - Cumulative - Direct Plan is Stocks : 99.80%, Debt : 0.20% and Gold : 0%

The minimum SIP amount for ICICI Prudential Nifty 50 Index Fund - Cumulative - Direct Plan is ₹100.00 and minimum lumpsum is ₹100.00

The exit load for ICICI Prudential Nifty 50 Index Fund - Cumulative - Direct Plan is Nil

© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.