ICICI Prudential Nifty Next 50 Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 56.9 | 19.96 | 17.4 | 13.47 |
Average Rolling Returns(%) | 16.28 | 14.31 | 12.18 | 14.11 |
The Current NAV of ICICI Prudential Nifty Next 50 Index Fund - Growth - Direct Plan is ₹55.28.
You can consider SIP in ICICI Prudential Nifty Next 50 Index Fund - Growth - Direct Plan as it has consistently outperformed the benchmark and has a Somewhat Good quality portfolio. Funds returns likely to be fairly different than its benchmark NIFTY NEXT 50 , as Funds portfolio is somewhat different.
ICICI Prudential Nifty Next 50 Index Fund - Growth - Direct Plan fund’s expense ratio is 0.30%
The process for redemption is
The AUM of ICICI Prudential Nifty Next 50 Index Fund - Growth - Direct Plan is currently ₹4,208 Crores.
The Top three stocks are Trent, Bharat Electronics and Shriram Finance and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 20% and 35% of fund’s portfolio respectively.
Top three sectors of ICICI Prudential Nifty Next 50 Index Fund - Growth - Direct Plan fund are BFSI, Construction & Infrastructure and Capital Goods accounting for 48% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Index Funds - Nifty Next 50 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 Next 50 Index Fund - Growth - Direct Plan Fund is Index Funds - Nifty Next 50.
Kayzad Eghlim and Nishit Patel manage the ICICI Prudential Nifty Next 50 Index Fund - Growth - Direct Plan Fund.
ICICI Prudential Nifty Next 50 Index Fund - Growth - Direct Plan current PE ratio is 61.16 and PB ratio is 10.52
The asset allocation of ICICI Prudential Nifty Next 50 Index Fund - Growth - Direct Plan is Stocks : 100.28%, Debt : -0.26% and Gold : 0%
The minimum SIP amount for ICICI Prudential Nifty Next 50 Index Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹100.00
The exit load for ICICI Prudential Nifty Next 50 Index Fund - Growth - Direct Plan is Nil