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2 star

ICICI Prudential Nifty Next 50 Index Fund


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.51 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.09 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 28.77 0.57 -2.75 -1.35 0.28 11.45 36.09 14.67 13.87 12.35 16.22
S&P BSE 100 TRI 25.50 1.01 -1.64 -3.71 1.12 11.47 34.03 17.74 17.19 12.10 15.08
Equity: Large Cap 24.98 0.88 -1.81 -3.61 0.67 11.26 33.23 16.77 16.12 11.13 14.26
Rank within category 28 121 111 14 96 55 29 86 70 7 5
Number of funds in category 117 132 132 130 127 122 116 96 81 64 56

As on 01-Dec-2021

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
2 star
Jun-10 36.09 14.67 13.87 0.80% 1,656
Axis Bluechip Fund
5 star
Jan-10 28.34 19.50 19.57 1.64% 33,967
ICICI Prudential Bluechip Fund  | Invest Now
4 star
May-08 35.67 17.08 15.76 1.73% 31,082
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 33.17 17.21 17.11 1.59% 30,804
UTI Mastershare Fund - Regular Plan  | Invest Online
4 star
Oct-86 35.87 18.64 16.50 1.86% 9,726

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 86.74 23-Mar-2020 - 23-Mar-2021 -33.19 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 15.61 19.95 0.59 0.71 0.89 -1.27
S&P BSE 100 TRI 18.50 21.49 0.68 0.81 -- --
Equity: Large Cap 16.97 21.61 0.65 0.77 0.95 -0.83
Rank within category 87 22 86 80 23 79
Number of funds in category 98 98 98 98 98 98

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

As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 32.58
Top 5 Stocks (%) 17.90
Top 3 Sectors (%) 42.14
Portfolio P/B Ratio 4.05
Portfolio P/E Ratio 31.42

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 76,236 2,96,890
Giant (%) 13.18 66.84
Large (%) 65.39 25.43
Mid (%) 21.43 10.09
Small (%) -- 1.89
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 221.33 5.73 1.96 4.18
up Info Edge (India) Services 9.01 4.03 0.00 3.82
up Apollo Hospitals Healthcare 77.49 4.20 0.00 3.49
up Vedanta Metals 6.95 4.23 0.00 3.22
up Adani Enterprises Services 183.55 3.81 0.00 3.19
up ICICI Lombard General Insurance Company Insurance 56.59 3.98 1.17 3.08
up Adani Transmission Energy 151.62 2.95 0.00 2.95
up Godrej Consumer Products FMCG 54.48 4.53 2.57 2.95
up Pidilite Industries Chemicals 83.44 3.67 2.50 2.87
up Adani Green Energy Engineering 444.01 5.27 0.00 2.84
up Dabur India FMCG 56.24 4.58 2.78 2.78
up Piramal Enterprises Healthcare 50.66 3.56 1.76 2.58
up Havells India Engineering 71.61 2.93 1.90 2.58
up L&T Infotech Technology 57.33 2.48 0.00 2.48
up Ambuja Cements Construction 22.86 2.67 1.83 2.42
up Marico FMCG 56.97 3.03 2.08 2.39
up Jubilant FoodWorks Services 116.65 2.57 0.00 2.30
up United Spirits FMCG 75.30 3.14 1.51 2.30
up GAIL Energy 6.18 2.64 0.00 2.21
up DLF Construction 57.53 2.09 1.12 2.01
up Cholamandalam Investment & Finance Company Financial 28.89 1.97 0.00 1.97
up PI Industries Chemicals 56.38 2.07 0.00 1.96
up ICICI Prudential Life Insurance Co. Ltd. Insurance 136.59 2.41 1.37 1.95
up Lupin Healthcare -- 3.29 1.81 1.81
up Indus Towers Communication 14.39 2.53 0.00 1.79

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 31-Oct-2021

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:

— Nishit Patel since 16-Jan-2021

Education: Mr. Patel is a B.Com & Chartered Accountant

Experience: ICICI Prudential Asset Management Company Limited - ETF Business - November 2018 - January 2020.

Funds Managed:


0.57%

Change from previous, NAV as on 01-Dec-2021

Growth: ₹ 36.8904

IDCW: ₹ 36.8904


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 (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 25-Jun-2010
Return Since Launch: 12.08%
Benchmark: NIFTY Next 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,656 Cr (As on 31-Oct-2021)
Expense: 0.80% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: 47.00%

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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