3 Year return

15.12%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹8941.14 Cr.

Expense Ratio

0.17% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
0

Ratings by other agencies

3
3
0

Tax Implications

There are no records found for Tax Implications.

Fund Holdings

Holdings

ICICI Prudential Mutual Fund Managers

KE

Kayzad Eghlim

Fund Manager since Apr 2022

View Details

Fund House Details

ICICI Prudential Mutual Fund

ICICI Prudential Mutual Fund Asset management company

AUM ₹711,553.09 Cr.
No. of Schemes 296
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by ICICI Prudential Mutual Fund

List of mutual fund schemes by AMC

About ICICI Prudential Nifty 50 Index Fund Direct Plan Cumulative Option

The ICICI Prudential Nifty 50 Index Fund Direct Plan Cumulative Option under ICICI Prudential Mutual Fund House is an open-ended index linked scheme for growth. The scheme aims to track the returns of the Nifty 50 through investments in a basket of stocks that are drawn from the Nifty 50 Index. ICICI Prudential Nifty 50 Index Fund Direct Plan Cumulative Option has the Nifty 50 Total Return Index as its benchmark.

Investment Objective of this Scheme

ICICI Prudential Nifty 50 Index Fund Direct Plan Cumulative Option aims to invest in companies whose securities are included in the Nifty. This scheme looks to achieve the returns of the Nifty 50 Index as closely as it possibly can. This could be ensured by investing in about every stock comprising the Nifty 50 with roughly the same weightage that is represented by the stocks in the Nifty 50.

Key Features of The Fund

5-year return 15.75%
Expense Ratio 0.17%
Fund Manager Kayzad Eghlim
Fund Size ₹8941.14 Cr
Risk Profile Very High

Is This Scheme Right for Me?

If you are looking for exposure in an index scheme that replicates the Nifty 50 Index, this could be a good option for you to consider. Remember that investing in this scheme would require you to have a very high risk appetite. The indicative investment horizon for the ICICI Prudential Nifty 50 Index Fund Direct Plan Cumulative Option is five years or more. Therefore, make sure that your financial goals align with your risk tolerance before deciding to invest in this scheme.

AMC Contact Details

Name ICICI Prudential Mutual Fund
Launch Date June 1993
Addresss One BKC 13th Floor, Bandra Kurla Complex, Bandra, Mumbai – 400 051
Contact 18002006000 91 22 2652 5000
Email enquiry@icicipruamc.com
Website https://www.icicipruamc.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Reach Your Goals Faster with SIP

Many investors choose Systematic Investment Plans (SIPs) to invest in mutual funds. SIPs allow for disciplined investing by setting up a fixed amount to be invested regularly. This approach helps average out the cost per unit over time and reduces the impact of market volatility. To plan your SIP investment and estimate potential returns, try Angel One's free SIP investment calculator.

FAQs

What is today's NAV of ICICI Prudential Nifty 50 Index Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of ICICI Prudential Nifty 50 Index Fund Jun 14 2024 is 243.1754

What is the AUM of ICICI Prudential Nifty 50 Index Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of ICICI Prudential Nifty 50 Index Fund is 8941.14 crore.

What is the expense ratio of ICICI Prudential Nifty 50 Index Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of ICICI Prudential Nifty 50 Index Fund is 0.17%

What are the returns of ICICI Prudential Nifty 50 Index Fund since inception?

The ICICI Prudential Nifty 50 Index Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 13.7 since inception.

What is the minimum SIP amount to invest in ICICI Prudential Nifty 50 Index Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for ICICI Prudential Nifty 50 Index Fund is 100.

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

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in ICICI Prudential Nifty 50 Index Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in ICICI Prudential Nifty 50 Index Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in ICICI Prudential Nifty 50 Index Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.