ICICI Prudential Nifty Next 50 Index Fund Direct Plan Growth
Get the latest NAV of ICICI Prudential Nifty Next 50 Index Fund Direct Plan 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.
₹67.10
▲0.1%1D
NAV as on 21 Sep 2026
14.12%/per year
Since Inception
▲▼
83202 people have invested ₹ 29.3Cr in ICICI Prudential Nifty Next 50 Index Fund in the last three months
Peer comparison
ICICI Prudential Nifty Next 50 Index Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
ICICI Prudential Nifty Next 50 Index Fund Asset Allocation
See fund asset allocation details as on (14-Sep-26)
Fund Distribution
as on (14-Sep-26)
ICICI Prudential Nifty Next 50 Index Fund Sector Allocation
See fund sector allocation details as on (14-Sep-26)
Sector Allocation
Top 3 Sectors in August were Financial Services, Consumer Cyclical & Utilities
Financial Services
20%
Consumer Cyclical
16%
Industrial
13%
Financial Services
20%
Consumer Cyclical
15%
Utilities
13%
ICICI Prudential Nifty Next 50 Index Fund Holdings Details
as on (31-Aug-26)
ICICI Prudential Nifty Next 50 Index Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.39% |
Benchmark | Nifty Next 50 TR INR |
| AUM | ₹10117 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 68.38% |
| Risk |   Very High Risk |
About ICICI Prudential Nifty Next 50 Index Fund
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ajaykumar Solanki, Venus Ahuja, Ashwini Shinde, Nishit Patel. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Nifty Next 50 Index Fund has ₹10117 Cr worth of assets under management (AUM) as on Sep 2026 and is more than category average.
- The fund has an expense ratio 0.4.
Returns
ICICI Prudential Nifty Next 50 Index Fund has given a CAGR return of 14.12% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 3.78%, 17.17% and 11.48% respectively.
Holdings
ICICI Prudential Nifty Next 50 Index Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Utilities, Basic Materials, Consumer Defensive, Health, Energy, Real Estate, Tech. Its top holdings are Divi's Laboratories Ltd, TVS Motor Co Ltd, Tata Motors Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Adani Power 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 benefitDividends 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
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 has no lock in period.
Fund Manager
Ajaykumar Solanki
Fund Manager of ICICI Prudential Nifty Next 50 Index Fund, since 1 February 2024
Venus Ahuja
Fund Manager of ICICI Prudential Nifty Next 50 Index Fund, since 1 November 2025
Ashwini Shinde
Fund Manager of ICICI Prudential Nifty Next 50 Index Fund, since 18 December 2024
Nishit Patel
Fund Manager of ICICI Prudential Nifty Next 50 Index Fund, since 18 January 2021
- AUM of the fund stands at 10.1K Cr as of Aug'26
- AUM increased by 181.7 Cr between Aug'26 and Jul'26
Frequently Asked Questions for ICICI Prudential Nifty Next 50 Index Fund Direct Plan Growth
How do I invest in ICICI Prudential Nifty Next 50 Index Fund?
- 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.