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3 star

ICICI Prudential Nifty Next 50 Index Fund


Equity: Large Cap

1 Lakh

Investment declined to
₹ 0.95 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.57 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -3.76 -0.24 -0.07 2.43 2.78 18.53 -2.77 -1.68 6.67 12.37 7.55
S&P BSE 100 TRI -0.93 0.24 -0.19 5.44 7.05 32.33 3.07 5.67 8.83 11.38 8.20
Equity: Large Cap -1.80 0.24 -0.05 5.06 5.96 28.14 1.44 5.09 7.86 10.95 7.75
Rank within category 90 108 41 99 104 105 95 86 56 10 24
Number of funds in category 111 117 116 115 114 114 108 89 71 63 53

As on 21-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Nifty Next 50 Index Fund  | Invest Now
3 star
Jun-10 -2.77 -1.68 6.67 0.85 804
ICICI Prudential Bluechip Fund  | Invest Now
4 star
May-08 -0.21 3.50 7.99 1.78 23,423
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 4.02 5.31 10.18 1.65 18,450
Axis Bluechip Fund
5 star
Jan-10 2.36 9.46 10.61 1.70 17,270
UTI Nifty Index Fund - Regular Plan  | Invest Online
4 star
Mar-00 2.75 6.23 8.58 0.14 2,711

Best & Worst Performance

Best (Period) Worst (Period)
Week 12.62 (24-Mar-2020 - 31-Mar-2020) -16.64 (16-Mar-2020 - 23-Mar-2020)
Month 25.54 (23-Mar-2020 - 22-Apr-2020) -35.35 (20-Feb-2020 - 23-Mar-2020)
Quarter 39.36 (24-Mar-2020 - 23-Jun-2020) -34.74 (23-Dec-2019 - 23-Mar-2020)
Year 67.02 (03-Sep-2013 - 03-Sep-2014) -33.19 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 1.47 20.89 -0.17 -0.21 0.93 -5.71
S&P BSE 100 TRI 7.35 21.09 0.11 0.12 -- --
Equity: Large Cap 6.58 20.40 0.08 0.09 0.95 -0.65
Rank within category 86 46 86 86 22 86
Number of funds in category 90 90 90 90 90 90

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 36.20
Top 5 Stocks (%) 19.77
Top 3 Sectors (%) 55.52
Portfolio P/B Ratio 3.00
Portfolio P/E Ratio 38.52

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 46,980 2,14,288
Giant (%) 8.30 65.47
Large (%) 64.18 25.83
Mid (%) 27.52 11.37
Small (%) -- 2.39
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Avenue Supermarts Services 152.26 5.73 1.06 4.37
new Tata Consumer Products FMCG 85.02 4.00 0.00 4.00
up Dabur India FMCG 63.10 4.58 2.51 3.84
new Adani Green Energy Engineering 921.04 3.79 0.00 3.79
up ICICI Lombard General Insurance Company Financial 43.76 3.98 0.00 3.77
up Info Edge (India) Services -- 3.67 0.00 3.67
up Godrej Consumer Products FMCG 46.30 4.86 2.84 3.65
up Lupin Healthcare -- 3.39 0.00 3.22
up Aurobindo Pharma Healthcare 15.36 3.52 0.00 2.98
up Pidilite Industries Chemicals 88.29 3.67 1.68 2.91
up Biocon Healthcare 74.57 2.64 0.00 2.64
up Colgate-Palmolive FMCG 44.10 3.01 1.90 2.54
up Marico FMCG 42.41 3.03 2.10 2.49
up Bandhan Bank Financial 18.05 3.16 0.00 2.46
up Havells India Engineering 72.16 2.83 1.61 2.26
up Petronet LNG Energy 13.39 2.93 2.20 2.20
up ICICI Prudential Life Insurance Co. Ltd. Financial 55.55 2.41 1.37 2.17
up Ambuja Cements Construction 25.26 2.58 0.00 2.12
up United Spirits FMCG 173.91 3.14 2.04 2.04
new Bharti Infratel Communication 11.42 1.99 0.00 1.99
up Berger Paints India Chemicals 119.21 2.12 0.00 1.89
up Piramal Enterprises Healthcare 403.69 3.69 1.80 1.88
up Motherson Sumi Systems Automobile -- 3.97 1.29 1.83
up Torrent Pharmaceuticals Healthcare 40.77 1.83 0.00 1.83
up Indraprastha Gas Energy 26.17 2.06 0.00 1.80

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2020

Fund Manager

— Kayzad Eghlim since 10-Jun-2010

Education: Mr. Eghlim is a B.Com (H) and M Com.

Experience: Prior to joining ICICI Prudential AMC he has worked with IDFC Investment Advisors Ltd., Prime Securities and Canara Robeco Mutual Fund.

Funds Managed:


-0.24%

Change from previous, NAV as on 21-Oct-2020

Growth: ₹ 24.1314

Dividend: ₹ 24.1314


Investment Strategy

The objective of the fund is to invest in companies whose securities are included in Nifty Next 50 Index and to endeavor to achieve the returns of the above index as closely as possible.

Investment Details

Minimum Investment (₹) 100
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 25-Jun-2010
Return Since Launch: 8.90%
Benchmark: NIFTY Next 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 804 Cr (As on 30-Sep-2020)
Expense: 0.85% (As on 30-Sep-2020)
Risk Grade: Above Average
Return Grade: Average
Turnover: 82.00%

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Phone: 022-26525000 / 1800-222-999 / 1800-200-6666

Fax: 022-26528100

Email: [email protected]

Website: http://www.icicipruamc.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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