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2 star

ICICI Prudential Nifty Next 50 Index Fund - Direct Plan


Equity: Large Cap

1 Lakh

Investment declined to
₹ 0.99 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.45 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than 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 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 -7.30 -0.11 1.24 4.42 14.63 -7.85 -2.23 -0.39 6.12 12.49 --
S&P BSE 100 TRI -10.20 0.99 2.50 7.49 18.60 -10.63 -5.36 4.18 6.62 10.79 --
Equity: Large Cap -10.00 0.82 2.19 6.46 16.20 -10.41 -4.81 3.56 6.27 11.30 --
Rank within category 12 67 63 61 48 11 16 49 31 13 --
Number of funds in category 65 67 67 67 65 65 62 52 49 49 0

As on 09-Jul-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 - Direct Plan  | Invest Now
2 star
Jan-13 -2.23 -0.39 6.12 0.49 769
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
4 star
Jan-13 -5.72 3.88 7.25 1.10 21,766
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 -3.91 5.13 9.19 0.65 15,175
Axis Bluechip Fund - Direct Plan  | Invest Online
5 star
Jan-13 2.69 10.98 10.20 0.44 14,522
Kotak Bluechip Fund - Direct Plan  | Invest Online
4 star
Jan-13 -0.87 4.20 7.03 1.14 1,502

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 25.56 (23-Mar-2020 - 22-Apr-2020) -35.33 (20-Feb-2020 - 23-Mar-2020)
Quarter 39.45 (24-Mar-2020 - 23-Jun-2020) -34.67 (23-Dec-2019 - 23-Mar-2020)
Year 67.78 (03-Sep-2013 - 03-Sep-2014) -32.88 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 1.93 21.10 -0.16 -0.20 0.95 -3.41
S&P BSE 100 TRI 5.34 20.93 0.00 0.00 -- --
Equity: Large Cap 4.75 20.27 -0.03 -0.03 0.95 -0.59
Rank within category 50 44 48 49 17 50
Number of funds in category 53 53 53 53 53 53

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

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Stocks (%) 40.65
Top 5 Stocks (%) 23.03
Top 3 Sectors (%) 61.90
Portfolio P/B Ratio 2.46
Portfolio P/E Ratio 306.93

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 43,773 1,76,859
Giant (%) 9.94 66.23
Large (%) 60.17 23.42
Mid (%) 29.26 9.88
Small (%) 0.63 1.60
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 115.56 5.73 0.00 5.21
up HDFC Life Insurance Financial -- 4.75 0.00 4.72
up Divi's Laboratories Healthcare 41.96 4.69 0.00 4.69
up SBI Life Insurance Company Financial 59.09 4.82 0.00 4.35
up Dabur India FMCG 57.88 4.58 2.44 4.06
up ICICI Lombard General Insurance Company Financial 48.46 3.98 0.00 3.98
up Godrej Consumer Products FMCG 47.36 4.86 2.84 3.70
up Pidilite Industries Chemicals 62.80 3.67 1.68 3.48
up Aurobindo Pharma Healthcare 16.82 3.52 0.00 3.23
up Lupin Healthcare -- 3.39 0.00 3.22
up Petronet LNG Energy 14.70 2.93 1.71 2.93
up Colgate-Palmolive FMCG 46.02 3.01 1.90 2.86
up United Spirits FMCG 68.96 3.14 1.81 2.79
up Marico FMCG 43.38 3.03 2.10 2.74
up Biocon Healthcare 65.13 2.49 0.00 2.48
up HPCL Energy 11.86 5.09 0.00 2.24
up Ambuja Cements Construction 18.62 2.58 0.00 2.16
up ICICI Prudential Life Insurance Co. Ltd. Financial 58.38 2.41 1.08 2.11
up Havells India Engineering 50.00 2.83 1.57 1.92
up Berger Paints India Chemicals 74.46 2.12 0.00 1.84
up Piramal Enterprises Healthcare -- 3.69 1.80 1.80
up Motherson Sumi Systems Automobile 26.37 3.97 1.29 1.77
up ACC Construction 18.35 2.14 0.00 1.69
up Page Industries Textiles 64.95 2.03 0.00 1.69
up HDFC Asset Management Company Financial 41.96 1.81 0.00 1.67

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-May-2020

Fund Manager

— Kayzad Eghlim since 01-Jan-2013

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:


-0.11%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 23.9753

Dividend: ₹ 23.9686


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: 01-Jan-2013
Return Since Launch: 10.88%
Benchmark: NIFTY Next 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 769 Cr (As on 31-May-2020)
Expense: 0.49% (As on 31-May-2020)
Risk Grade: High
Return Grade: Average
Turnover: 51.00%

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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