ICICI PRU NIFTY NEXT 50 INDEX FUND(G)

Product name	Return type	1 yr(%)	3 yr(%)	5 yr(%)
ICICI PRU NIFTY NEXT 50 INDEX FUND(G)	market linked	59.46 %	21.36 %	16.75 %
BenchMark : NIFTY NEXT 50 - TRI	BenchMark Return	60.54	22.35	17.89
Value of Rs. 1,00,000 Invested	current value	159460	178742	216912

scheme objective	The objective of the fund 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 Assets to meet the redemptions and other liquidity requirements. However, as and when the liquidity in the Index improves the fund intends to track upto 100% of the Index.
Category	Mutual Fund > Other > Index Funds
Fund Type	Open Ended
Fund Manager	Nishit Patel
Minimum Amount for Lumpsum Investment (Rs.)	100
Minimum Amount for SIP Investment (Rs.)	100
Nav Date	18/04/2024
Nav	54.52
AUM (Cr.)	4443.55
AUM Date	31/03/2024
Expense Ratio Currently	1
Expense Ratio Date Currently	31/03/2024
Modified Duration(Yrs)	-
Modified Duration Date(Yrs)	-
YTM	-
YTM Date	-
Entry Load	NIL
Exit Load	Nil
Tax Treatment of Income	15% short term capital gains tax, 10% long term capital gains tax on incremental gains above 1 Lac in a given financial year.
Tax Benefit on Investment	Not Available
Withdrawal	Anytime
Pros
Cons
Risk Factor	All investments in mutual funds are subject to market risks and the NAV of the schemes may go up or down depending upon the factors and forces affecting the securities market and there can be no assurance that the fund's objectives will be achieved. Past performance of the Fund does not indicate the future performance of the Schemes of the Fund.