ICICI Prudential Nifty50 Equal Weight Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 37.22 | N/A | N/A | N/A |
Average Rolling Returns(%) | 33.93 | N/A | N/A | N/A |
The Current NAV of ICICI Prudential Nifty50 Equal Weight Index Fund - Growth - Direct Plan is ₹14.67.
It is better to invest in a fund with a longer track record as ICICI Prudential Nifty50 Equal Weight Index Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns likely to be fairly different than its benchmark NIFTY 500 , as Funds portfolio is somewhat different.
ICICI Prudential Nifty50 Equal Weight Index Fund - Growth - Direct Plan fund’s expense ratio is 0.35%
The process for redemption is
The AUM of ICICI Prudential Nifty50 Equal Weight Index Fund - Growth - Direct Plan is currently ₹57 Crores.
The Top three stocks are Hindalco, Divis Lab and Eicher Motors and account for 7% of its portfolio. Top 5 and 10 stocks of fund account for 11% and 22% of fund’s portfolio respectively.
Top three sectors of ICICI Prudential Nifty50 Equal Weight Index Fund - Growth - Direct Plan fund are BFSI, Auto and IT accounting for 45% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Index Funds - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of ICICI Prudential Nifty50 Equal Weight Index Fund - Growth - Direct Plan Fund is Index Funds - Other.
Nishit Patel and Priya Shridhar manage the ICICI Prudential Nifty50 Equal Weight Index Fund - Growth - Direct Plan Fund.
ICICI Prudential Nifty50 Equal Weight Index Fund - Growth - Direct Plan current PE ratio is 37.01 and PB ratio is 7.53
The asset allocation of ICICI Prudential Nifty50 Equal Weight Index Fund - Growth - Direct Plan is Stocks : 99.92%, Debt : 0.05% and Gold : 0%
The minimum SIP amount for ICICI Prudential Nifty50 Equal Weight Index Fund - Growth - Direct Plan is ₹1000.00 and minimum lumpsum is ₹5000.00
The exit load for ICICI Prudential Nifty50 Equal Weight Index Fund - Growth - Direct Plan is Nil