ICICI Pru Nifty Next 50 Index Fund(G)
- Equity
- Index Funds
- Very High Risk
Fund Overview
- Assets Under Management (AUM)
- ₹9,242.36 Cr
- Expense Ratio
- 0.59%
- Riskometer
- Very High
- Category
- Index Funds
- Asset Type
- Equity
- Benchmark
- NIFTY 50 - TRI
- SIP
- Available
- Switch
- Available
- Inception Date
- 15 Jan 2021
- ISIN
- INF109K01IF1
- Scheme Code
- 1615
- Fund Scheme ID
- 2128
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Performance & Returns
Calculate SIP ReturnsReturns by period
| Period | Trailing Return | Absolute Return | Annualised Return | CAGR |
|---|---|---|---|---|
| 1 Month | -1.73% | -2.82% | -20.42% | -21.36% |
| 3 Months | 4.21% | 3.50% | 16.70% | 19.92% |
| 6 Months | 9.29% | 7.74% | 18.43% | 13.44% |
| 1 Year | 8.54% | 8.18% | 8.54% | 8.29% |
| 3 Years | 17.21% | 58.52% | 20.34% | 17.61% |
| 5 Years | 11.38% | 71.60% | 14.28% | 11.44% |
| Since Inception | 12.15% | 538.34% | 33.39% | 12.17% |
Past performance is not indicative of future returns.
Portfolio
Asset Allocation
100.00%
- Domestic Equities99.93%
- Cash & Cash Equivalents and Net Assets0.07%
Top Sectors
- Automobile & Ancillaries14.35%
- Finance13.44%
- Power12.45%
- Capital Goods9.96%
- FMCG6.95%
- Bank6.47%
- Healthcare6.27%
- Crude Oil4.48%
Holdings
Overview of fund allocations across sectors and securities
Automobile & Ancillaries
Value
₹1,326.28 Cr
Weightage
14.35%
Finance
Value
₹1,242.17 Cr
Weightage
13.44%
Power
Value
₹1,150.67 Cr
Weightage
12.45%
Capital Goods
Value
₹920.54 Cr
Weightage
9.96%
FMCG
Value
₹642.34 Cr
Weightage
6.95%
Bank
Value
₹597.98 Cr
Weightage
6.47%
Healthcare
Value
₹579.50 Cr
Weightage
6.27%
Crude Oil
Value
₹414.06 Cr
Weightage
4.48%
Non - Ferrous Metals
Value
₹394.65 Cr
Weightage
4.27%
Chemicals
Value
₹331.80 Cr
Weightage
3.59%
Realty
Value
₹235.68 Cr
Weightage
2.55%
Construction Materials
Value
₹224.59 Cr
Weightage
2.43%
Retailing
Value
₹219.04 Cr
Weightage
2.37%
Hospitality
Value
₹210.73 Cr
Weightage
2.28%
Iron & Steel
Value
₹164.51 Cr
Weightage
1.78%
Gas Transmission
Value
₹162.67 Cr
Weightage
1.76%
IT
Value
₹138.64 Cr
Weightage
1.50%
Alcohol
Value
₹137.71 Cr
Weightage
1.49%
Ship Building
Value
₹68.39 Cr
Weightage
0.74%
Miscellaneous
Value
₹17.56 Cr
Weightage
0.19%
About
Fund Manager(s)
Mr. Nishit Patel, Mr. Ajaykumar Solanki, Ms. Ashwini Shinde, Mr. Venus Ahuja
Launch Date
15 Jan 2021
Benchmark
NIFTY 50 - TRI
Objective
The objective of the fund 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 Assets to meet the redemptions and other liquidity requirements. However, as and when the liquidity in the Index improves the fund intends to track upto 100% of the Index.
RISKOMETER
The riskometer indicates the level of risk associated with the fund based on historical data and portfolio composition.
Exit Load, Stamp Duty and Tax Implication
- Exit load
- Nil
- Stamp duty on investment: 0.005% (from July 1st, 2020)
- from July 1st 2020
- Tax implication
- --
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