Icici Prudential Nifty Next 50 Index Fund- Direct Growth: NAV, Returns, Holdings, Wealthzi Review

Icici Prudential Nifty Next 50 Index Fund- Direct Growth

Equity | Index

(NAV as of 24/11/2023)

43.01 (-0.15)

3Y Returns

15.79%

Min SIP

₹100

Min Lumpsum

₹100

Expense Ratio

0.3%

Fund Size

₹3023 Cr

Inception Date

01-Jan-13

Fund Manager

Kayzad Eghlim

Exit Load

Nil.

Wealthzi View

Fund Traits

Zi Tags

Description

Market Risk / Risk Taken Compared to Benchmark

This fund has taken less risk than the Nifty 100 TRI benchmark and its beta is less than Large Cap category average when compared on the 5 year period.

Fund Size

This fund has a high range AUM which ensures liquidity and stability.

SIP Returns

This fund has given less SIP returns than the Nifty 100 TRI benchmark and among the bottom quartile in Large Cap category when compared on the 5 year period.

Risk Adjusted Returns

This fund has given lower risk adjusted returns than the Nifty 100 TRI benchmark and among the bottom quartile in Large Cap category when compared on the 5 year period.

Extra Returns Over Benchmark

This fund has not beaten the Nifty 100 TRI benchmark and among the bottom quartile in Large Cap category when compared on a 3 year rolling period.

Returns Consistency

This fund has given less returns than the Nifty 100 TRI benchmark and among the bottom quartile in Large Cap category when compared on a 3 year rolling period.

Performance Against Inflation

This fund has given more or less similar inflation beating returns than the Nifty 100 TRI benchmark and among the mid quartile in Large Cap category when compared on a 3 year rolling period.

Overall Fund Zi Tag

Market Risk / Risk Taken Compared to Benchmark

→

Fund Size

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SIP Returns

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Risk Adjusted Returns

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Extra Returns Over Benchmark

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Returns Consistency

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Performance Against Inflation

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Overall Fund Zi Tag

Asset Allocation

Equity

99.67%

Debt & Others

0.33%

Market Cap Allocation

Large Cap

88.66%

Mid Cap

11.01%

Small Cap

0.00%

Other Cap

0.33%

Sector Allocation

Finance

11.24%

Retailing

9.15%

Personal Products

7.69%

Banks

6.56%

Aerospace & Defence

6.33%

Top Ten Holdings

Shriram Finance Ltd

3.94%

Bharat Electronics Ltd

3.66%

Cholamandalam Investment And Finance Company Ltd

3.55%

Trent Ltd [Lakme Ltd]

3.38%

Bank Of Baroda

2.94%

Investment 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.

Fund House Detail

AMC Name

ICICI Prudential Asset Management Company Limited

Scheme Document

https://www.icicipruamc.com/Downloads/sid-mutual-fund-new.aspx

Address

One BKC, A - Wing 13th Floor,Bandra Kurla Complex, Bandra (East)Mumbai - 400 051

Similar Funds

Fund

Zi Tag

Icici Prudential Nifty Next 50 Index Fund- Direct Growth

8.89%

15.79%

11.54%

Dsp Nifty 50 Equal Weight Index Fund - Dir - Growth

15.67%

22.53%

15.81%

Bandhan Nifty 50 Index Fund-Growth-(Direct Plan)

7.6%

16.26%

13.95%

Icici Prudential Nifty 50 Index Fund - Direct Plan Growth

7.52%

16.2%

13.79%

Hdfc Index Fund - Nifty 50 Plan - Direct Plan - Growth

7.54%

16.2%

13.71%

Similar Funds

Icici Prudential Nifty Next 50 Index Fund- Direct Growth

8.89%

15.79%

11.54%

Dsp Nifty 50 Equal Weight Index Fund - Dir - Growth

15.67%

22.53%

15.81%

Bandhan Nifty 50 Index Fund-Growth-(Direct Plan)

7.6%

16.26%

13.95%

Icici Prudential Nifty 50 Index Fund - Direct Plan Growth

7.52%

16.2%

13.79%

Hdfc Index Fund - Nifty 50 Plan - Direct Plan - Growth

7.54%

16.2%

13.71%

Nippon India Index Fund - Nifty 50 Plan Direct Plan Growth Plan Growth

7.52%

16.19%

13.72%

Sbi Nifty Index Fund - Direct Plan - Growth

7.55%

16.18%

13.61%

Tata Nifty 50 Index Fund - Direct Plan - Growth

7.45%

16.17%

13.73%

Aditya Birla Sun Life Nifty 50 Index Fund - Growth-Direct Plan

7.45%

16.04%

13.52%

Lic Nifty 50 Index Fund - Direct Plan - Growth

7.33%

15.96%

13.53%

Franklin India Nse Nifty 50 Index Fund - Direct Growth

7.38%

15.96%

13.44%

Uti Nifty Next 50 Index Fund - Direct Growth Plan

8.86%

15.86%

11.83%

Nippon India Index Fund - S&P Bse Sensex Plandirect Plan Growth Plan Growth

6.78%

15.45%

13.83%

Hdfc Index Fund - Sensex Plan - Direct Plan - Growth

6.71%

15.43%

13.75%

Icici Prudential S&P Bse Sensex Index Fund Direct Plan Growth

6.64%

15.31%

13.79%

Lic Mf Index Fund Sensex-Direct - Growth Plan-Growth

6.73%

15.22%

13.59%

Lic Nifty Next 50 Index Fund - Direct Plan - Growth

5.28%

14.71%

10.9%

Icici Prudential Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth

21.08%

Nippon India Nifty 50 Value 20 Index Fund Direct Plan Growth

15.11%

Sbi Nifty Midcap 150 Index Fund - Direct Plan Growth

30.54%

Sbi Nifty Next 50 Index Fund - Direct Plan - Growth

8.91%

Sbi Nifty Smallcap 250 Index Fund - Direct Plan - Growth

34.9%

Sbi S&P Bse Sensex Index Fund-Direct Plan-Growth

Uti Nifty200 Momentum 30 Index Fund - Direct Plan Growth

21.99%

Uti Nifty Midcap 150 Quality 50 Index Fund - Direct Plan Growth

16.87%

Uti Nifty 50 Equal Weight Index Fund - Direct Plan - Growth

Uti S&P Bse Low Volatility Index Fund - Direct Growth Plan

16.99%

Uti S&P Bse Sensex Index Fund - Direct Growth Plan

6.65%

Bandhan Nifty 100 Index Fund Direct Plan-Growth

6.86%

Bandhan Nifty100 Low Volatility 30 Index Fund Direct Plan-Growth

15.43%

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