ICICI Prudential Nifty Next 50 Index Fund - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 56.41 | 19.48 | 16.9 | 12.99 |
Average Rolling Returns(%) | 15.74 | 15.03 | 13.05 | 12.99 |
The Current NAV of ICICI Prudential Nifty Next 50 Index Fund - Growth is ₹53.34.
You should look for a fund with better more consistent performance track record. 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 fund’s expense ratio is 0.66%
The process for redemption is
The AUM of ICICI Prudential Nifty Next 50 Index Fund - Growth 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 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 Fund is Index Funds - Nifty Next 50.
Nishit Patel and Priya Shridhar manage the ICICI Prudential Nifty Next 50 Index Fund - Growth Fund.
ICICI Prudential Nifty Next 50 Index Fund - Growth current PE ratio is 61.16 and PB ratio is 10.52
The asset allocation of ICICI Prudential Nifty Next 50 Index Fund - Growth is Stocks : 100.28%, Debt : -0.26% and Gold : 0%
The minimum SIP amount for ICICI Prudential Nifty Next 50 Index Fund - Growth is ₹100.00 and minimum lumpsum is ₹100.00
The exit load for ICICI Prudential Nifty Next 50 Index Fund - Growth is Nil