ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 05-03-2025
₹ 10.24
Inception Returns
0.8%
/yr
About ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth is an equity fund. This fund was started on 2 February, 2024. The fund is managed by Nishit Patel. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth has ₹96 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth has given a CAGR return of 0.76% since inception. Over the last 1 year the fund has given a CAGR return of -2.18%.
Holdings
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Financial Services, Consumer Defensive, Consumer Cyclical, Utilities, Energy, Basic Materials, Health. Its top holdings are Infosys Ltd, ICICI Bank Ltd, Tata Consultancy Services Ltd, ITC Ltd, State Bank of India
Taxation
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth
The objective of the Scheme is to invest in companies whose securities are included in Nifty50 Value 20 Index in the same weightage that they represent in Nifty50 Value 20 Index in order to achieve the returns of the above index, subject to tracking errors.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth Overview
| Expense ratio | 0.3% |
Benchmark | IISL Nifty50 Value 20 PR INR |
| AUM | ₹96 Cr |
| Inception Date | 2 February, 2024 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 87.5 Cr as of Jan'25
- AUM increased by 2.2 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Tech, Financial Services & Consumer Defensive
Top Growth Drivers | 1M Return |
|---|---|
 Hindalco Industries Ltd | 9% |
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹96 Cr
Expense Ratio 0.3%
Frequently Asked Questions for ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -8.98% | -8.98% |
6 Month Returns | -15.08% | -15.08% |
1 Year Returns | -2.18% | -2.18% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth | -0.41 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Nifty50 Value 20 Index Fund Direct Growth | 16.14 | - | - |