ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl

Equity
Direct
Index Funds
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl

About the Fund

ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl 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 Plan Payout of Income Dist cum Cap Wdrl has ₹5845 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl has given a CAGR return of 17.17% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 67.19%, 24.21% and 22.62% respectively.

Holdings

ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Consumer Defensive, Utilities, Energy, Real Estate, Communication, Health. Its top holdings are Trent Ltd, Bharat Electronics Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Tata Power Co Ltd, Power Finance Corp 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 Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl

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 0.00. ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
136 people have invested ₹ 5.9L in ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.3%
Benchmark
IISL Nifty Next 50 TR INR
AUM₹5845 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/--
Exit Load0%
Lock InNo Lock-in
TurnOver
44.75%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 99.6%

  • Debt & Cash 0.4%

Large cap
89.2%

Mid cap
10.5%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
22.7%
Industrial
22%
Basic Materials
12.8%
Consumer Cyclical
12.1%
Consumer Defensive
10.9%
Utilities
9.3%
Energy
3%
Real Estate
2.6%
Health
2.5%
Communication
2.2%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

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

ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income 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 17.17% since inception which is less than its category average return of 23.53%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.61% in Equity, 0% in Debt and 0.39% in Cash related instruments
AUM size ₹5845 Cr

AUM size ₹5845 Cr

This fund has AUM of ₹5845 Cr which is more than its category average of ₹ 769 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl is ₹68.05 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.06%
5.06%
6 Month Returns
34.84%
34.84%
1 Year Returns
67.19%
67.19%
3 Years Returns
91.63%
24.21%
5 Years Returns
177.19%
22.62%
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.
0.3% as on June 2024
₹5845 Cr as on June 2024
Trent Ltd(5.53%), Bharat Electronics Ltd(5.02%), Hindustan Aeronautics Ltd Ordinary Shares(4.51%), Tata Power Co Ltd(3.42%), Power Finance Corp Ltd(3.22%) as on June 2024
Financial Services(21.9%), Industrial(21.41%), Consumer Cyclical(13.59%) as on June 2024
The alpha ratio for the ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl
-0.36
-0.4
-0.6
As on June 2024
The alpha for ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl is calculated against IISL Nifty Next 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 Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl
1
1
1
As on June 2024
The Beta for ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl is calculated with IISL Nifty Next 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 Next 50 Index Fund Direct Plan Payout of Income 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 Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl
3.18
1.01
0.85
As on June 2024
The sharpe ratio for ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl is calculated with IISL Nifty Next 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 Next 50 Index Fund Direct Plan Payout of Income 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 Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl
13.96
16.92
19.48
As on June 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 1.8 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Nishit Patel is the fund manager of ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl
The Exit load of ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl is 0%