ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl

Equity
Direct
Index Funds
ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl

About the Fund

ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 9 September, 2015. The fund is managed by Nishit Patel. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl has ₹8941 Cr worth of assets under management (AUM) as on May 2024 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl has given a CAGR return of 14.26% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 26.29%, 15.13% and 15.75% respectively.

Holdings

ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Tech, Consumer Cyclical, Consumer Defensive, Basic Materials, Industrial, Health, Communication, Utilities. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd

Taxation

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl

An open-ended index linked growth scheme seeking to track the returns of the Nifty 50 through investments in a basket of stocks drawn from the constituents of the above index. The objective of the Scheme is to invest in companies whose securities are included in Nifty and subject to tracking errors, to endeavor to achieve the returns of the above index as closely as possible. This would be done by investing in almost all the stocks comprising the Nifty 50 in approximately the same weightage that they represent in Nifty 50. The Scheme will not seek to outperform the Nifty 50 or to under perform it. The objective is that the performance of the NAV of the Scheme should closely track the performance of the Nifty 50 over the same period. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 0.00. ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
217 people have invested ₹ 7.6L in ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.17%
Benchmark
IISL Nifty 50 TR INR
AUM₹8941 Cr
Inception Date9 September, 2015
Min Lumpsum/SIP₹100/--
Exit Load0%
Lock InNo Lock-in
TurnOver
8.36%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 99.4%

  • Debt & Cash 0.6%

Large cap
98.8%

Mid cap
0.7%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
34.1%
Energy
13.4%
Tech
12.1%
Consumer Cyclical
9.4%
Consumer Defensive
8%
Basic Materials
6.6%
Industrial
5.4%
Health
4.2%
Communication
3.6%
Utilities
3.1%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Nishit Patel
Nishit Patel
Fund Manager of ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl, since 18 January 2021

ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 14.26% since inception which is less than its category average return of 22.01%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.44% in Equity, 0% in Debt and 0.56% in Cash related instruments
AUM size ₹8941 Cr

AUM size ₹8941 Cr

This fund has AUM of ₹8941 Cr which is more than its category average of ₹ 752 Cr
Expense Ratio 0.17%

Expense Ratio 0.17%

This fund has an expense ratio of 0.17% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl is ₹32.83 as on 18-Jun-2024.
Existing (Absolute + CAGR) as on 18-Jun-2024.
ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.9%
5.9%
6 Month Returns
11.31%
11.31%
1 Year Returns
26.29%
26.29%
3 Years Returns
52.6%
15.13%
5 Years Returns
107.82%
15.75%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.17% as on May 2024
₹8941 Cr as on May 2024
HDFC Bank Ltd(11.54%), Reliance Industries Ltd(9.69%), ICICI Bank Ltd(7.88%), Infosys Ltd(5.03%), Larsen & Toubro Ltd(4.34%) as on May 2024
Financial Services(33.92%), Energy(13.34%), Tech(11.99%) as on May 2024
The alpha ratio for the ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl
-0.24
-0.25
-0.27
As on May 2024
The alpha for ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl is calculated against IISL Nifty 50 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl
1
1
1
As on May 2024
The Beta for ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl is calculated with IISL Nifty 50 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl
1.36
0.69
0.56
As on May 2024
The sharpe ratio for ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl is calculated with IISL Nifty 50 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl
10.52
12.47
18.54
As on May 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.26 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Nishit Patel is the fund manager of ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl
The Exit load of ICICI Prudential Nifty 50 Index Plan Direct Plan Payout Inc Dist cum Cap Wdrl is 0%