ICICI Prudential Nifty Next 50 Index Fund - Growth

( NAV change from the previous, NAV as on )

Launch Date

2010-06-25 00:00:00.0

AUM

NA
(as on date NA)

Benchmark

NIFTY?Next 50?TRI

Fund Manager

Kayzad Eghlim

Risk: Moderately High

ICICI Prudential Nifty Next 50 Index Fund Overview

ICICI Prudential Nifty Next 50 Index Fund is an open-ended index scheme under equity large-cap category. The investment objective of ICICI Prudential Nifty Next 50 Index Fund is to generate long-term wealth. ICICI Prudential Nifty Next 50 Index Fund invests in companies whose securities constitute Nifty Next 50 Index (the Index). Also, ICICI Prudential Nifty Next 50 Index Fund performance does not aim to outperform the Nifty Next 50. Mr. Kayzad Eghlim expertly manages ICICI Prudential Nifty Next 50 Index Fund investment. Before going for ICICI Prudential Nifty Next 50 Index Fund apply online, you can have a look at ICICI Prudential Nifty Next 50 Index Fund NAV and also ICICI Prudential Nifty Next 50 Index Fund performance. You can either opt for ICICI Prudential Nifty Next 50 Index Fund growth plan or ICICI Prudential Nifty Next 50 Index Fund dividend plan. But it is advisable to invest in ICICI Prudential Nifty Next 50 Index Fund growth plan. Also, if you see the details, then you can realize that ICICI Prudential Nifty Next 50 Index Fund expense ratio is very low.

Eligibility Criteria to invest in ICICI Prudential Nifty Next 50 Index Fund

  • Person must have Indian citizenship
  • Trusts
  • In case of a minor, then investment can be done through a parent or legal guardian
  • Association of Persons
  • Foreign Institutional Investors
  • Societies
  • Both the Investment and Financial Institutions
  • Companies
  • Individuals with Indian origin residing abroad or NRI
  • Karta of Hindu Undivided Family
  • Partner(s) of Partnership Firms

Documents Required for ICICI Prudential Nifty Next 50 Index Fund

Following are the documents required for ICICI Prudential Nifty Next 50 Index Fund-

  • Proof of Residence- Driving License, Utility Bills, Passport
  • PAN Card
  • KYC Acknowledgment
  • Proof for Identification- Passport, Voter ID Card, AADHAR Card
  • Passport size Photographs
  • Declaration of 3rd party (for minors)
  • Mutual Fund application form

Advantages of ICICI Prudential Nifty Next 50 Index Fund

  • You can invest in ICICI Prudential Nifty Next 50 Index Fund portfolio in two ways- lump sum and SIP. You can invest either in lump sum amount for a minimum of Rs. 5000. In case of SIP, you can invest a minimum of Rs. 100 on a monthly basis.
  • Experienced professional takes care of ICICI Prudential Nifty Next 50 Index Fund investment after market research.
  • If you want to redeem ICICI Prudential Nifty Next 50 Index Fund, then you do not have to pay any exit load.
  • Based on ICICI Prudential Nifty Next 50 Index Fund performance, the return since launch is almost 10.13% up to a period of 5 years.
  • ICICI Prudential Nifty Next 50 Index Fund portfolio mainly focuses on large cap stocks to generate risk optimized return.
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