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Nifty Next 50 Index Fund - Equity Funds - ICICI Prudential

ICICI Prudential Nifty Next 50 Index Fund

Long term investment of funds for capital appreciation by replicating Nifty Next 50 index.

ICICI Prudential Nifty Next 50 Index fund , an open-ended index linked growth scheme offers a passive choice to investors, who prefer that their portfolio closely maps the market index, the Nifty Next 50 Index.

Schemes - ICICI Prudential Nifty Next 50 Index Fund

  • Real Time NAV

  • Closing NAV


Investment Philosophy

The investment objective of the Scheme is to invest in companies whose securities are included in Nifty Next 50 Index (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.

Key Features

Key Benefits

  • It provides the opportunity to participate in the movement of next rung of 50 liquid securities after Nifty 50. It may be useful to think of the Nifty 50 and the Nifty Next 50 as making up the 100 most liquid stocks in India.
  • Is considered the nurturing ground for stocks which could enter Nifty 50.
  • Is likely to capture emerging companies, hence potential to outperform large cap based index like Nifty 50.

Who should invest?

  • Long term wealth creation solution
  • An index fund that invests in companies that form part of the Nifty Next 50 Index and aims to achieve returns of the stated index, subject to tracking error.
Scheme Features
Type An Open Ended Index scheme replicating Nifty Next 50 Index
NSE Symbol & BSE Scrip ID
BSE Scrip Code
Application size - Directly with AMC
Application size through NSE & BSE
Entry Load Not Applicable
Exit Load ● Nil
Authorized Participant

Fund Manager

Mr. Kayzad Eghlim