ICICI Prudential Nifty Next 50 Index Fund Direct Growth

ICICI Prudential Nifty Next 50 Index Fund Direct Growth

Equity

ICICI Mutual Fund

Index Funds

Get the latest NAV of ICICI Prudential Nifty Next 50 Index Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹61.88

▼-0.8%1D

NAV as on 13 Jun 2025

14.92%/per year

Since Inception

Absolute Gain%

▲▼

82880 people have invested ₹ 17.6Cr in ICICI Prudential Nifty Next 50 Index Fund Direct Growth in the last three months

ICICI Prudential Nifty Next 50 Index Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

7
/12
67% Performance
19% Cost

Ranked 7 out of 12 mutual funds in the Index-Nifty-Next-50 category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
ICICI Prudential Nifty Next 50 Index Fund
7/12
7,479Cr
0.31%
-5.37%
22.32%
14.92%
SBI Nifty Next 50 Index Fund Direct Growth
1/12
1,725Cr
0.36%
-5.12%
22.44%
16.21%
Kotak Nifty Next 50 Index Fund Direct Growth
2/12
643Cr
0.1%
-4.92%
22.65%
16.91%
Aditya Birla Sun Life Nifty Next 50 Index Fund Direct Growth
3/12
230Cr
0.25%
-5.43%
22.2%
16.97%
See all
Positive: 5Y returns in the top 25% of the category
5Y returns in the top 25% of the category
Positive: Beats FD returns for both 3Y & 5Y
Beats FD returns for both 3Y & 5Y
Negative: No bad points found for this fund.
No bad points found for this fund.

ICICI Prudential Nifty Next 50 Index Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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ICICI Prudential Nifty Next 50 Index Fund Asset Allocation

See fund asset allocation details as on (14-Jun-25)

Fund Distribution

as on (14-Jun-25)

Equity 99.9%

Debt & Cash 0.1%

Large cap
89.3%
Mid cap
9.7%
Large Cap allocation has gone up from 89.2% to 89.3%
Large Cap allocation has gone up from 89.2% to 89.3%
Mid Cap allocation has gone down from 9.8% to 9.7%
Mid Cap allocation has gone down from 9.8% to 9.7%
Cash allocation has gone up from 0% to 0.1%
Cash allocation has gone up from 0% to 0.1%

ICICI Prudential Nifty Next 50 Index Fund Sector Allocation

See fund sector allocation details as on (14-Jun-25)

Sector Allocation

Equity 99.9%

Debt & Cash 0.1%

Financial Services
22.6%
Industrial
19.5%
Basic Materials
12%
Consumer Cyclical
9.2%
Utilities
9.2%
Consumer Defensive
8.1%
Health
7.1%
Communication
3.4%
Real Estate
3.2%
Tech
3%
Energy
2.8%

Top 3 Sectors in May were Financial Services, Consumer Defensive & Industrial

May'25

Financial Services

21%

Industrial

15%

Consumer Defensive

14%

Apr'25

Financial Services

21%

Consumer Defensive

15%

Industrial

14%

ICICI Prudential Nifty Next 50 Index Fund Holdings Details

as on (31-May-25)

Equity

Top Stocks bought last month
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 2.97% to 4.04%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 2.97% to 4.04%
DLF Ltd's allocation increased from 1.92% to 2.19%
DLF Ltd's allocation increased from 1.92% to 2.19%
Canara Bank's allocation increased from 1.46% to 1.66%
Canara Bank's allocation increased from 1.46% to 1.66%
Top Stocks sold last month
InterGlobe Aviation Ltd's allocation decreased from 4.56 % to 4.46 %
InterGlobe Aviation Ltd's allocation decreased from 4.56 % to 4.46 %
Indian Hotels Co Ltd's allocation decreased from 3.06 % to 2.89 %
Indian Hotels Co Ltd's allocation decreased from 3.06 % to 2.89 %
Tata Power Co Ltd's allocation decreased from 2.86 % to 2.82 %
Tata Power Co Ltd's allocation decreased from 2.86 % to 2.82 %

ICICI Prudential Nifty Next 50 Index Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.31%
Benchmark
Nifty Next 50 TR INR
AUM₹7479 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
44.75%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About ICICI Prudential Nifty Next 50 Index Fund

ICICI Prudential Nifty Next 50 Index Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Nishit Patel. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. ICICI Prudential Nifty Next 50 Index Fund Direct Growth has ₹7479 Cr worth of assets under management (AUM) as on May 2025 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

ICICI Prudential Nifty Next 50 Index Fund Direct Growth has given a CAGR return of 14.92% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -5.37%, 22.32% and 22.07% respectively.

Holdings

ICICI Prudential Nifty Next 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Defensive, Utilities, Consumer Cyclical, Basic Materials, Health, Energy, Real Estate, Communication, Tech. Its top holdings are InterGlobe Aviation Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Divi's Laboratories Ltd, Vedanta Ltd, Indian Hotels Co 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of ICICI Prudential Nifty Next 50 Index Fund Direct Growth

The investment objective of the Scheme is to invest in companies whose securities are included in Nifty Next 50 TRI (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 Nifty Next 50. The objective is that the performance of the NAV of the Scheme should closely track the performance of the Nifty Next 50 over the same period subject to tracking error. However, there is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential Nifty Next 50 Index Fund Direct Growth has no lock in period.

Fund Manager

Nishit Patel

Fund Manager of ICICI Prudential Nifty Next 50 Index Fund Direct Growth, since 18 January 2021

Learn more about ICICI Mutual Fund
Parameters
May'25
Apr'25
Mar'25
AUM
₹ 7.5K Cr
₹ 7.1K Cr
₹ 6.8K Cr
  • AUM of the fund stands at 7.5K Cr as of May'25
  • AUM increased by 345.1 Cr between May'25 and Apr'25

Frequently Asked Questions for ICICI Prudential Nifty Next 50 Index Fund Direct Growth

How do I invest in ICICI Prudential Nifty Next 50 Index Fund?

INDmoney makes it simple to invest in the ICICI Prudential Nifty Next 50 Index Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘ICICI Prudential Nifty Next 50 Index Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of ICICI Prudential Nifty Next 50 Index Fund?

The NAV of the fund today is ₹61.88. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

ICICI Prudential Nifty Next 50 Index Fund fund has generated a return of -5.37% in 1 year, 22.32% in 3 years, 22.07% in 5 years.

Who is the fund manager of ICICI Prudential Nifty Next 50 Index Fund?

The fund managers are Nishit Patel.

What is the exit load of the fund?

The exit load is . Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.31%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹7479 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of ICICI Prudential Nifty Next 50 Index Fund?

The top 3 holdings of the fund are InterGlobe Aviation Ltd(4.46%), Hindustan Aeronautics Ltd Ordinary Shares(4.04%), Divi's Laboratories Ltd(3.58%)