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(%) | 60.32 | 21.05 | 16.35 | 13.54 |
Average Rolling Returns(%) | 16.15 | 15.08 | 13.09 | 13.00 |
The Current NAV of ICICI Prudential Nifty Next 50 Index Fund - Growth is ₹54.52.
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 ₹4,444 Crores.
The Top three stocks are Trent, Bharat Electronics and Tata Power and account for 12% of its portfolio. Top 5 and 10 stocks of fund account for 19% and 34% of fund’s portfolio respectively.
Top three sectors of ICICI Prudential Nifty Next 50 Index Fund - Growth fund are BFSI, Capital Goods and Construction & Infrastructure accounting for 51% 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 59.77 and PB ratio is 10.13
The asset allocation of ICICI Prudential Nifty Next 50 Index Fund - Growth is Stocks : 99.87%, Debt : 0.16% 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