ICICI Prudential Nifty Next 50 Index Fund
Large Cap IndexVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹63.98+1.57%1 day
- Return since launch
- 11.9%
- 52-week range
- ₹53.06 — ₹65.74
- AUM
- ₹9,744 Cr
ICICI Prudential Nifty Next 50 Index Fund is a Large Cap Index equity fund from ICICI Prudential Mutual Fund with ₹9,744 Cr under management, launched in 2010. Over three years it has returned 6.8% a year, against 11.6% for its category. The expense ratio is 0.80% and the SEBI riskometer reading is Very High.
Performance
ICICI Prudential Nifty Next 50 Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.6% against -2.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 8.2% | +8.0 pts | 0.2% | 5.0% |
| 2Y | 7.0% | +2.8 pts | 4.1% | 3.1% |
| 3Y | 6.8% | −4.8 pts | 11.6% | 3.9% |
| 5Y | 12.3% | +3.5 pts | 8.8% | 7.5% |
| 7Y | 14.1% | +3.3 pts | 10.8% | 10.2% |
| 10Y | 12.9% | +1.0 pts | 11.9% | 10.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 6.5% | −3.5 pts | 10.0% | 10.9% |
| 3M | -2.7% | −2.5 pts | -0.1% | 1.0% |
| 6M | 3.6% | −0.8 pts | 4.4% | 5.2% |
| 1Y | 4.6% | +4.4 pts | 0.2% | -2.1% |
| 2Y | 2.0% | +0.1 pts | 1.9% | 2.0% |
| 3Y | 16.7% | +5.1 pts | 11.6% | 9.5% |
| 5Y | 10.7% | +1.9 pts | 8.8% | 7.2% |
| 7Y | 14.2% | +3.9 pts | 10.3% | 11.2% |
| 10Y | 12.3% | +0.4 pts | 11.9% | 11.6% |
Since launch (10 Jun 2010): 11.9%
Calendar-year returns
Category average14.3%
29.5%
0.1%
26.3%
26.9%
2.1%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 2.1% | −6.5 pts | 8.6% |
| 2024 | 26.9% | +12.5 pts | 14.4% |
| 2023 | 26.3% | +1.5 pts | 24.8% |
| 2022 | 0.1% | −4.0 pts | 4.1% |
| 2021 | 29.5% | +2.6 pts | 26.9% |
| 2020 | 14.3% | −2.1 pts | 16.4% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.79%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.59%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.19%
- Exit load
- Exit load of 0.25% if redeemed within 7 days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Next 50 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 5.57 | 5.71 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.27 | 1.27 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.53 | 0.54 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.73 | 0.73 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 20.48 | 20.40 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
ICICI Prudential Nifty Next 50 Index Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity100.0%
- Other0.0%
Market cap split
- Large95.3%
- Mid4.7%
- P/E
- 17.92
- P/B
- 3.22
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Divi's Laboratories Ltd. | Healthcare | 4.83% | ₹471 Cr | +3.41% | +3.50% | +3.19% |
| TVS Motor Company Ltd. | Automobile | 3.95% | ₹385 Cr | +3.32% | +3.66% | +3.56% |
| Hindustan Aeronautics Ltd. | Capital Goods | 3.62% | ₹353 Cr | +3.39% | +3.07% | +3.97% |
| Tata Motors Ltd. | Automobile | 3.61% | ₹352 Cr | +3.60% | +3.83% | — |
| Adani Power Ltd. | Energy | 3.47% | ₹339 Cr | +3.79% | +2.89% | +2.51% |
| Samvardhana Motherson International Ltd. | Automobile | 2.95% | ₹288 Cr | +2.67% | +2.16% | +2.07% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.89% | ₹282 Cr | +1.98% | +2.05% | +1.66% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 2.88% | ₹280 Cr | +3.16% | +2.69% | +2.99% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 2.86% | ₹279 Cr | — | — | — |
| Cummins India Ltd. | Capital Goods | 2.63% | ₹256 Cr | +3.12% | +2.82% | — |
| Avenue Supermarts Ltd. | Services | 2.51% | ₹245 Cr | +2.88% | +2.70% | +2.90% |
| Bharat Petroleum Corporation Ltd. | Energy | 2.49% | ₹243 Cr | +2.51% | +2.64% | +2.90% |
| Tata Power Company Ltd. | Energy | 2.47% | ₹240 Cr | +2.62% | +2.94% | +2.88% |
| Varun Beverages Ltd. | Consumer Staples | 2.42% | ₹236 Cr | +2.83% | +2.44% | +2.65% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 2.40% | ₹234 Cr | +2.66% | +2.08% | +2.24% |
| Britannia Industries Ltd. | Consumer Staples | 2.33% | ₹227 Cr | +2.47% | +2.96% | +3.11% |
| Indian Oil Corporation Ltd. | Energy | 2.06% | ₹201 Cr | +2.12% | +2.35% | +2.47% |
| Solar Industries India Ltd. | Chemicals | 1.96% | ₹191 Cr | +1.86% | +1.36% | +1.43% |
| Power Finance Corporation Ltd. | Financial | 1.94% | ₹189 Cr | +2.52% | +2.56% | +2.63% |
| Bajaj Holdings & Investment Ltd. | Financial | 1.91% | ₹186 Cr | +1.87% | +1.76% | +2.34% |
| HDFC Asset Management Company Ltd. | Financial | 1.91% | ₹186 Cr | +2.21% | +2.09% | — |
| GAIL (India) Ltd. | Energy | 1.88% | ₹183 Cr | +1.91% | +1.72% | +2.10% |
| Vedanta Ltd. | Metals & Mining | 1.87% | ₹182 Cr | +1.94% | +5.16% | +3.48% |
| Pidilite Industries Ltd. | Chemicals | 1.86% | ₹181 Cr | +2.01% | +1.85% | +2.01% |
| DLF Ltd. | Construction | 1.77% | ₹172 Cr | +1.62% | +1.50% | +2.02% |
| Wipro Ltd. | Technology | 1.76% | ₹171 Cr | — | — | — |
| Polycab India Ltd. | Capital Goods | 1.76% | ₹171 Cr | — | — | — |
| Adani Energy Solutions Ltd. | Energy | 1.76% | ₹171 Cr | +2.00% | +1.50% | +1.33% |
| Adani Green Energy Ltd. | Capital Goods | 1.75% | ₹171 Cr | +2.04% | +1.25% | +1.39% |
| Bank Of Baroda | Financial | 1.75% | ₹171 Cr | +2.06% | +2.13% | +2.10% |
| Jindal Steel Ltd. | Metals & Mining | 1.72% | ₹168 Cr | +1.60% | +1.91% | +1.75% |
| Bosch Ltd. | Automobile | 1.67% | ₹163 Cr | +1.41% | +1.16% | +1.46% |
| Canara Bank | Financial | 1.64% | ₹160 Cr | +1.72% | +1.93% | +1.84% |
| Hitachi Energy India Ltd. | Capital Goods | 1.59% | ₹155 Cr | — | — | — |
| Punjab National Bank | Financial | 1.59% | ₹155 Cr | +1.50% | +1.61% | +1.72% |
| LTM Limited | Technology | 1.54% | ₹150 Cr | +1.34% | +1.73% | +2.11% |
| Vodafone Idea Ltd. | Communication | 1.47% | ₹143 Cr | — | — | — |
| ABB India Ltd. | Capital Goods | 1.46% | ₹142 Cr | +1.51% | +1.45% | +1.20% |
| Godrej Consumer Products Ltd. | Consumer Staples | 1.40% | ₹136 Cr | +1.66% | +1.84% | +2.07% |
| Union Bank of India | Financial | 1.35% | ₹132 Cr | +1.36% | +1.47% | — |
| Siemens Ltd. | Capital Goods | 1.35% | ₹131 Cr | +1.30% | +1.20% | +1.22% |
| Muthoot Finance Ltd. | Financial | 1.20% | ₹117 Cr | +1.31% | +1.57% | — |
| Hyundai Motor India Ltd. | Automobile | 1.18% | ₹115 Cr | +1.11% | +1.18% | +1.62% |
| Zydus Lifesciences Ltd. | Healthcare | 1.18% | ₹115 Cr | +1.14% | +1.01% | +1.08% |
| Siemens Energy India Ltd. | Energy | 1.16% | ₹113 Cr | +1.33% | +1.05% | +1.34% |
| Hindustan Zinc Ltd. | Metals & Mining | 1.11% | ₹109 Cr | +1.05% | +1.01% | +0.92% |
| Ambuja Cements Ltd. | Materials | 0.95% | ₹93.00 Cr | +1.07% | +1.13% | +1.57% |
| Tata Capital Ltd. | Financial | 0.74% | ₹71.90 Cr | +0.75% | +0.61% | — |
| Indian Railway Finance Corporation Ltd. | Financial | 0.73% | ₹70.85 Cr | +0.74% | +0.81% | +0.97% |
| Mazagon Dock Shipbuilders Ltd. | Capital Goods | 0.66% | ₹64.02 Cr | +0.77% | +0.73% | +0.92% |
| Others | Others | 0.04% | ₹4.18 Cr | -0.49% | -2.03% | -0.86% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Vedanta Aluminium Metal Ltd. | 0.00% | 2.86% | +2.86% |
| The Indian Hotels Company Ltd. | 2.55% | 0.00% | -2.55% |
| Wipro Ltd. | 0.00% | 1.76% | +1.76% |
| Polycab India Ltd. | 0.00% | 1.76% | +1.76% |
| United Spirits Ltd. | 1.73% | 0.00% | -1.73% |
| Hitachi Energy India Ltd. | 0.00% | 1.59% | +1.59% |
| REC Ltd. | 1.59% | 0.00% | -1.59% |
| Vodafone Idea Ltd. | 0.00% | 1.47% | +1.47% |
| Lodha Developers Ltd. | 1.31% | 0.00% | -1.31% |
| Shree Cement Ltd. | 1.22% | 0.00% | -1.22% |
| Others | 0.03% | -0.63% | -0.66% |
| Cholamandalam Investment and Finance Company Ltd. | 3.16% | 2.88% | -0.29% |
| Varun Beverages Ltd. | 2.15% | 2.42% | +0.26% |
| Tata Motors Ltd. | 3.87% | 3.61% | -0.26% |
| Adani Power Ltd. | 3.23% | 3.47% | +0.24% |
| HDFC Asset Management Company Ltd. | 2.10% | 1.91% | -0.20% |
| Pidilite Industries Ltd. | 2.06% | 1.86% | -0.20% |
| Tata Power Company Ltd. | 2.28% | 2.47% | +0.19% |
| Adani Green Energy Ltd. | 1.60% | 1.75% | +0.15% |
| LTM Limited | 1.66% | 1.54% | -0.12% |
| ABB India Ltd. | 1.58% | 1.46% | -0.12% |
| Britannia Industries Ltd. | 2.43% | 2.33% | -0.10% |
| Divi's Laboratories Ltd. | 4.73% | 4.83% | +0.10% |
| Bharat Petroleum Corporation Ltd. | 2.58% | 2.49% | -0.09% |
| Mazagon Dock Shipbuilders Ltd. | 0.74% | 0.66% | -0.08% |
| Union Bank of India | 1.43% | 1.35% | -0.08% |
| Cummins India Ltd. | 2.71% | 2.63% | -0.08% |
| Adani Energy Solutions Ltd. | 1.83% | 1.76% | -0.08% |
| CG Power and Industrial Solutions Ltd. | 2.47% | 2.40% | -0.07% |
| Bajaj Holdings & Investment Ltd. | 1.98% | 1.91% | -0.07% |
| Indian Railway Finance Corporation Ltd. | 0.66% | 0.73% | +0.07% |
| TVS Motor Company Ltd. | 4.01% | 3.95% | -0.07% |
| Muthoot Finance Ltd. | 1.26% | 1.20% | -0.06% |
| Hyundai Motor India Ltd. | 1.24% | 1.18% | -0.05% |
| Siemens Ltd. | 1.40% | 1.35% | -0.05% |
| Punjab National Bank | 1.55% | 1.59% | +0.05% |
| Hindustan Aeronautics Ltd. | 3.58% | 3.62% | +0.04% |
| Avenue Supermarts Ltd. | 2.47% | 2.51% | +0.04% |
| Solar Industries India Ltd. | 1.93% | 1.96% | +0.04% |
| Zydus Lifesciences Ltd. | 1.14% | 1.18% | +0.04% |
| Canara Bank | 1.68% | 1.64% | -0.04% |
| Siemens Energy India Ltd. | 1.12% | 1.16% | +0.03% |
| Bosch Ltd. | 1.71% | 1.67% | -0.03% |
| Torrent Pharmaceuticals Ltd. | 2.92% | 2.89% | -0.03% |
| Ambuja Cements Ltd. | 0.98% | 0.95% | -0.03% |
| Godrej Consumer Products Ltd. | 1.43% | 1.40% | -0.03% |
| DLF Ltd. | 1.74% | 1.77% | +0.02% |
| Indian Oil Corporation Ltd. | 2.05% | 2.06% | +0.02% |
| Jindal Steel Ltd. | 1.74% | 1.72% | -0.02% |
| Samvardhana Motherson International Ltd. | 2.97% | 2.95% | -0.01% |
| Power Finance Corporation Ltd. | 1.93% | 1.94% | +0.01% |
| Hindustan Zinc Ltd. | 1.13% | 1.11% | -0.01% |
| Vedanta Ltd. | 1.86% | 1.87% | +0.01% |
| Tata Capital Ltd. | 0.73% | 0.74% | +0.01% |
| Bank Of Baroda | 1.74% | 1.75% | +0.01% |
| GAIL (India) Ltd. | 1.88% | 1.88% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,611 Cr | 0.74% | 8.3% | 6.9% | 12.4% |
 UTI Nifty Next 50 Index Fund | ₹7,295 Cr | 0.90% | 8.4% | 6.9% | 12.3% |
 SBI Nifty Next 50 Index Fund | ₹2,318 Cr | 0.80% | 8.4% | 6.9% | 12.3% |
 DSP Nifty Next 50 Index Fund | ₹1,350 Cr | 1.03% | 8.3% | 6.9% | 12.4% |
 Kotak Nifty Next 50 Index Fund | ₹1,289 Cr | 0.68% | 8.5% | 7.0% | 12.4% |
 Nippon India Nifty Next 50 Junior BeES FoF | ₹801 Cr | 0.30% | 7.6% | 6.8% | 12.5% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The objective of the fund is to invest in companies whose securities are included in Nifty Next 50 Index and to endeavor to achieve the returns of the above index as closely as possible.
Fund managers
- Ajay Kumar SolankiMr. Solanki has done B.Com, CA and CFA Level-IIIPrior to joining ICICI Prudential Mutual Fund, he has worked with GPS & Associates
- Ashwini Jemin BharuchaB.Com , M.Com , Inter CAPrior to Joining the ICICI Pru Mutual Fund he has worked with ICICI Pru AMC Treasury Mutual Fund Operations,
- Nishit PatelMr. Patel is a B.Com & Chartered AccountantPrior to joining ICICI Prudential Mutual fund, he has worked with K.K.Dand & Co.
- Venus AhujaChartered Accountant and B.ComMr. Venus Ahuja, who was previously part of the Investment Monitoring Team at ICICI AMC, has now been appointed as a Fund Manager and Dealer in the Investments Department of ICICI AMC
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.57% absolute | ₹60,000 | ₹62,142 | 3.57% | |
| 1 year4.58% annualised | ₹1,20,000 | ₹1,23,019 | 2.52% | |
| 3 years16.71% annualised | ₹3,60,000 | ₹4,69,767 | 30.49% | |
| 5 years10.67% annualised | ₹6,00,000 | ₹7,95,245 | 32.54% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of ICICI Prudential Nifty Next 50 Index Fund?
The NAV of ICICI Prudential Nifty Next 50 Index Fund is ₹63.98 as on 9 Nov 2026.
What is the expense ratio of ICICI Prudential Nifty Next 50 Index Fund?
The expense ratio of ICICI Prudential Nifty Next 50 Index Fund is 0.80% per year.
What is the minimum SIP amount for ICICI Prudential Nifty Next 50 Index Fund?
You can start a SIP in ICICI Prudential Nifty Next 50 Index Fund with ₹3,000 a month.
What returns has ICICI Prudential Nifty Next 50 Index Fund given?
ICICI Prudential Nifty Next 50 Index Fund has returned 8.2% over 1 year, 6.8% over 3 years and 12.3% over 5 years (annualised).
Is there a lock-in or exit load on ICICI Prudential Nifty Next 50 Index Fund?
Lock-in: None. Exit load: Exit load of 0.25% if redeemed within 7 days.
How risky is ICICI Prudential Nifty Next 50 Index Fund?
ICICI Prudential Nifty Next 50 Index Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap Index category.
Which fund house manages ICICI Prudential Nifty Next 50 Index Fund?
ICICI Prudential Nifty Next 50 Index Fund is managed by ICICI Prudential Mutual Fund, which runs 109 schemes with ₹12,20,481 Cr under management.