ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl
Equity
Direct
Index Funds
NAV: ₹ 41.5 as on 25-09-2023
Fund Performance
102 people have invested ₹ 3.5L in ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl in the last three months
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
- ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl has ₹2948 Cr worth of assets under management (AUM) as on Aug 2023 and is more than category average.
- The fund has an expense ratio 0.3.
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl Overview
 | 0.3% |
 Benchmark | IISL Nifty Next 50 TR INR |
 | ₹2948 Cr |
 | 1 January, 2013 |
 | ₹100/₹0 |
 | 0% |
 | No Lock-in |
 TurnOver | 44.75% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
87%
Mid cap
12.9%
Sector Allocation
Basic Materials
20.4%
Financial Services
18.9%
Industrial
18.5%
Consumer Defensive
16.7%
Utilities
8%
Consumer Cyclical
7.2%
Communication
3.7%
Energy
2.7%
Real Estate
2.5%
Health
1.4%
Top Holdings of ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl as on (31-Aug-23)
Equity Holdings44
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at -1.85% whereas the fund’s underlying benchmark Nifty Next 50 returns stands at -2.43% as on Aug'23
- This fund outperformed Nifty Next 50 by 0.58% in Aug'23
AUM Change
- AUM of the fund stands at 2.9K Cr as of Aug'23
- AUM increased by 3.1 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 15.2% |
 Varun Beverages Ltd | 12.3% |
 Havells India Ltd | 4.8% |
Top Losers | 1M Return |
|---|---|
 Vedanta Ltd | -16.1% |
 Info Edge (India) Ltd | -7% |
 Bank of Baroda | -6.9% |
Peer Analysis
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl Fund Manager
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
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 13.26% since inception which is less than its category average return of 14.13%
Fund Allocations
This fund has an allocation of 99.9% in Equity, 0% in Debt and 0.1% in Cash related instruments
AUM size ₹2948 Cr
This fund has AUM of ₹2948 Cr which is more than its category average of ₹ 560 Cr
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 ₹41.55 as on 25-Sep-2023.
Existing (Absolute + CAGR) as on 25-Sep-2023.
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Payout of Income Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 1.92% | 1.92% |
6 Month Returns | 19.17% | 19.17% |
1 Year Returns | 2.4% | 2.4% |
3 Years Returns | 72.98% | 20.04% |
5 Years Returns | 60.17% | 9.88% |
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0.3% as on August 2023
₹2948 Cr as on August 2023
Bharat Electronics Ltd(3.73%), Cholamandalam Investment and Finance Co Ltd(3.56%), Pidilite Industries Ltd(3.18%), Godrej Consumer Products Ltd(3.12%), Bank of Baroda(3%) as on August 2023
Basic Materials(20.37%), Financial Services(18.93%), Industrial(18.49%) as on August 2023
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 | -0.35 | -0.49 | -0.58 |
As on August 2023
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 August 2023
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 | -0.25 | 0.83 | 0.22 |
As on August 2023
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 | 14.72 | 16.71 | 19.69 |
As on August 2023
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 1.48 as on August 2023. 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%