Investment Objective
An open-ended index linked growth scheme seeking to track the returns of the CNX Nifty 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 CNX Nifty in approximately the same weightage that they represent in CNX Nifty. The Plan will not seek to outperform the CNX Nifty or to under perform it. The objective is that the performance of the NAV of the Plan should closely track the performance of the CNX Nifty over the same period. .
Category
- Index Funds - Nifty
Benchmark
- NIFTY 50 - TRI
Returns
Absolute
1M
0.44%
3M
1.31%
6M
12.89%
Annualised
1Y
16.31%
3Y
20.36%
5Y
13.10%
Historical NAV
NAV for scheme ICICI Prudential Nifty 50 Index Fund - Cumulative Option
is
Growth of 10,000
An investment of 10000 for
in this scheme would have grown to Rs.
Risk of the fund
AUM
4976.77 Cr
Icici Prudential Nifty 50 Index Fund - Growth AUM is 159% higher than other schemes in the category
Load
Entry Load - NIL
Exit Load - Nil
Lock In Period - NIL
Expense Ratio
0.43%
Turnover Ratio
11.00%
