ICICI Prudential Nifty 50 Index Plan Regular Growth | Mutual Fund Performance | Mint
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Business News/Market/Market Stats/    ICICI Prudential Nifty 50 Index Plan Regular Growth

ICICI Prudential Nifty 50 Index Plan Regular Growth

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  • Index Funds
  • Index Funds
  • Rating 3
  • Plan
220.60 -0.05 (-0.02%) NAV as on 23 Feb, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)6758.80
  • CAGR 27.46%
  • Exit Load0.00%
  • Expense ratio0.38%
  • CategoryIndex Funds
  • Min Investment100
  • Min SIP100
  • Launch Date2002-02-26

Morning Star Rating 3

Moderate
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 24 February 2024

  • Name
  • Value (Cr)
  • Holding %
  • ITC
  • 278.08
  • 4.11%
View More

Risk & Volitility

  • Alpha -0.71%
  • Beta 1.00
  • Sharpe Ratio0.91
  • Std Deviation 13.24%
  • Tracking Error 0.13%

About Fund

An open-ended index linked growth scheme seeking to track the returns of the Nifty 50 through investments in a basket of stocks drawn from the constituents of the above index. The objective of the Scheme is to invest in companies whose securities are included in Nifty and subject to tracking errors, to endeavor to achieve the returns of the above index as closely as possible. This would be done by investing in almost all the stocks comprising the Nifty 50 in approximately the same weightage that they represent in Nifty 50. The Scheme will not seek to outperform the Nifty 50 or to under perform it. The objective is that the performance of the NAV of the Scheme should closely track the performance of the Nifty 50 over the same period. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.

 

The ICICI Prudential Nifty 50 Index Plan Regular Growth has an AUM of 6758.80 crores & has delivered CAGR of 16.25% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.38%. The minimum investment in ICICI Prudential Nifty 50 Index Plan Regular Growth is Rs 100 and the minimum SIP is Rs 100.

 

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

 

The top holdings of the fund include HDFC Bank, Reliance Industries, ICICI Bank & Infosys.

 

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Construction Services.

 

Some of the similar funds are UTI Nifty 50 Index Fund Regular Plan Growth, HDFC Index Nifty 50, ICICI Prudential Nifty 50 Index Plan Regular Growth, SBI Nifty Index Fund Regular Growth, HDFC Index S&P BSE Sensex. ICICI Prudential Nifty 50 Index Plan Regular Growth has a sharpe ratio of 0.91 & a standard deviation of 13.24%.

FAQs about ICICI Prudential Nifty 50 Index Plan Regular Growth

According to the morning star rating ICICI Prudential Nifty 50 Index Plan Regular Growth has a Moderate risk & Exceptional return.
ICICI Prudential Nifty 50 Index Plan Regular Growth is managed by Nishit Patel,Priya Sridhar,Ajaykumar Solanki.
The expense ratio of ICICI Prudential Nifty 50 Index Plan Regular Growth is 0.38%.
The 5 year annualized return on ICICI Prudential Nifty 50 Index Plan Regular Growth is 16.25% & it has generated 27.46% in the last 1 year.
The minimum investment in ICICI Prudential Nifty 50 Index Plan Regular Growth is 100 Rs.
ICICI Prudential Nifty 50 Index Plan Regular Growth has an AUM of 6758.80 crores.
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