ICICI Prudential Nifty Next 50 Index Fund - Growth

Fund House: ICICI Prudential Mutual Fund
Category: Index Fund
Launch Date: 05-06-2010
Asset Class: Equity
Benchmark: Nifty Next 50 TRI
Expense Ratio: 0.7% As on (31-05-2020)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 768.88 Cr As on (31-05-2020)
Turn over: 59% | Exit Load: Nil

23.0934

8.7%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
Nifty Next 50 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
6 Years 2 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme seeks to provide returns before expenses that closely correspond to the total return of the Underlying Index, subject to tracking errors.

Current Asset Allocation (%)

Indicators

Volatility 14.24
Sharp Ratio 1.16
Alpha 1.46
Beta 1.18
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
ICICI Prudential Nifty Next 50 Index Fund - Growth 05-06-2010 -5.72 -3.61 -0.59 5.56 8.73
UTI Nifty Next 50 Index Fund - Regular Plan - Growth Option 10-06-2018 -4.99 -3.33 - - -
IDBI Nifty Junior Index Fund Growth 20-09-2010 -5.32 -3.41 -0.91 4.96 -
DSP Nifty Next 50 Index Fund - Regular Plan - Growth 05-02-2019 -5.86 - - - -
ICICI Prudential Sensex Index Fund - Cumulative Option 05-09-2017 -8.54 1.53 - - -
Tata Index Fund - Sensex-Regular Plan 25-02-2003 -9.12 1.44 5.41 5.56 7.66
LIC MF Index Fund-Sensex Plan-Regular Plan-Growth 28-11-2002 -9.16 1.05 4.85 4.86 7.47
Nippon India Index Fund - Sensex Plan - Growth Plan - Growth Option 28-09-2010 -9.26 1.01 5.09 5.22 -
HDFC Index FundSensex Plan( FV Rs 32.161) 01-07-2002 -9.36 1.36 5.46 5.93 8.2
IDFC Nifty Fund-Regular Plan-Growth 02-04-2010 -9.83 0.61 4.39 5.54 8.34

Scheme Characteristics

Minimum investment in securities of a particular index (which is being replicated/ tracked) - 95% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

-0.17%

Large Cap

91.16%

Mid Cap

9.0%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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