ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth

ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth of ICICI Prudential Mutual Fund has asset class type as Index-Multi-Cap. Oro Wealth rating for the fund is 2.

Basic Details

Riskometer

Moderately High

Expense Ratio (%)

0.44

Age

NA Years

Fund Manager

Kayzad Enghlim

AuM (Rs Crores)

277.087

Asset Class

Index-Multi-Cap

Net Asset Value:

25.5931

Rating

2

Exit Load

0.003

Benchmark

Nifty Next 50 TRI

Fund Type

Multi Cap

SEBI Category

Index Fund

Turnover Ratio(Monthly)

.66 Times

Fund Manager Details:

Kayzad Enghlim M.COM., Prior to joining ICICI PRU AMC, he worked with IDFC Investment Advisors ltd for 2 year and 9 months, with Prime Securities for 2 years and 8 moths with Canbank mutual fund for 5 months and an equity dealer with Canbank mutual fund.

Objective:

To invest in companies whose securities are included in Nifty Junior Index (the Index) and to endeavor to achieve the returns of the above index as closely as possible, though subject to tracking error. The Scheme will not seek to outperform the CNX Nifty Junior. The objective is that the performance of the NAV of the Scheme should closely track the performance of the CNX Nifty Junior over the same period subject to tracking error.

Top Holdings:

  • FMCG (2.52)
  • Finance (9.51)
  • Pharmaceuticals (7.72)
  • Cement (7.27)
  • Steel (6.55)
  • Capital Goods - Electrical Equipment (6.1)
  • Auto Ancillaries (5.91)
  • Insurance (3.66)
  • Banks (3.14)
  • Gas Distribution (2.47)


  • Top 5 Sector Allocations of the Fund
    Top 5 Company Allocations of the Fund
    Debt Composition