Analytics, not advice. Rankings and scores describe past performance and are not recommendations.
ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth
ICICI Prudential Mutual Fund · Managed by Nishit Patel; Ajaykumar Solanki; Ashwini Bharucha; Venus Ahuja
A daily percentile of this fund’s past performance within its SEBI category — analytics, not advice, and not a prediction or recommendation.
- Fund manager
- Nishit Patel; Ajaykumar Solanki; Ashwini Bharucha; Venus Ahuja
- Riskometer
- Very High Risk
- Type
- Open Ended
- Portfolio turnover
- 27%
- Volatility (3Y)
- 17.9%
- Rating (external)
- ★★★★★as of 31 May 2018
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.
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