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ICICI Pru Nifty Next 50 Index Gr

25.91
+0.12
+0.47%
20-02-2018
5 Years
  • Previous Close

    25.79

  • Yield

    0.00%

  • Front load

    0.00

  • Expenses

    0.85%

  • Category

    Large-Cap

  • Morningstar Risk

    Above Average

  • Morningstar Rating ★★★★★
Profile

Name of Issuer

ICICI Prudential Asset Management Company Limited

Fund Style

Open

Fund Manager

Kayzad Eghlim

Investment Style

Large Growth

The fund's objective is to invest in companies whose securities are included in Nifty Junior Index and to endeavor to achieve the returns of the above index as closely as possible, though subject to tracking error. The fund intends to track only 90-95% of the Index i.e. it will always keep cash balance between 5-10% of the Net Asset to meet the redemption and other liquidity requirements. However, as and when the liquidity in the Index improves the fund intends to track up to 100% of the Index. The fund will not seek to outperform the CNX Nifty Junior. The objective is that the performance of the NAV of the fund should closely track the performance of the CNX Nifty Junior over the same period subject to tracking error.

Purchase Information

Initial Purchase 5,000
Initial Purchase: IRA NA
Initial Purchase: AIP 5,000

Inception

25-06-2010

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