ICICI Prudential Nifty Next 50 Index Fund
Large Cap IndexVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹63.12+0.55%1 day
- Return since launch
- 12.0%
- 52-week range
- ₹53.06 — ₹65.74
- AUM
- ₹10,117 Cr
ICICI Prudential Nifty Next 50 Index Fund is a Large Cap Index equity fund from ICICI Prudential Mutual Fund with ₹10,117 Cr under management, launched in 2010. Over three years it has returned 7.4% a year, against 9.5% for its category. The expense ratio is 0.76% 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 +6.9% against -5.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.6% | +8.4 pts | -1.8% | -9.3% |
| 2Y | 5.5% | +7.2 pts | -1.8% | -4.0% |
| 3Y | 7.4% | −2.1 pts | 9.5% | -0.2% |
| 5Y | 12.6% | +4.8 pts | 7.8% | 5.3% |
| 7Y | 14.5% | +4.9 pts | 9.6% | 8.9% |
| 10Y | 13.0% | +2.2 pts | 10.8% | 9.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.7% | +0.6 pts | -4.3% | -3.9% |
| 3M | 0.6% | +2.6 pts | -2.0% | -2.4% |
| 6M | 15.7% | +10.0 pts | 5.7% | 3.3% |
| 1Y | 6.9% | +8.7 pts | -1.8% | -5.2% |
| 2Y | -3.5% | +1.7 pts | -5.2% | -5.4% |
| 3Y | 16.7% | +7.1 pts | 9.5% | 6.3% |
| 5Y | 10.9% | +3.0 pts | 7.8% | 5.9% |
| 7Y | 14.4% | +4.7 pts | 9.7% | 10.6% |
| 10Y | 12.0% | +1.2 pts | 10.8% | 10.6% |
Since launch (10 Jun 2010): 12.0%
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
0.76%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.59%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.16%
- 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 | 6.28 | 6.39 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.29 | 1.28 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.66 | 0.67 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.86 | 0.86 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 20.02 | 19.95 | 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 31 Aug 2026
Asset allocation
- Equity99.9%
- Other0.1%
Market cap split
- Large86.9%
- Mid13.1%
- P/E
- 20.08
- P/B
- 3.34
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Divi's Laboratories Ltd. | Healthcare | 4.73% | ₹479 Cr | +3.36% | +3.50% | +3.42% |
| TVS Motor Company Ltd. | Automobile | 4.01% | ₹406 Cr | +3.13% | +3.91% | +3.38% |
| Tata Motors Ltd. | Automobile | 3.87% | ₹392 Cr | +3.15% | — | — |
| Hindustan Aeronautics Ltd. | Capital Goods | 3.58% | ₹363 Cr | +3.24% | +3.19% | +3.62% |
| Adani Power Ltd. | Energy | 3.23% | ₹327 Cr | +4.00% | +2.38% | +2.08% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 3.16% | ₹320 Cr | +2.62% | +3.15% | +2.63% |
| Samvardhana Motherson International Ltd. | Automobile | 2.97% | ₹300 Cr | +2.56% | +2.55% | +1.80% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.92% | ₹296 Cr | +1.83% | +1.95% | +1.64% |
| Cummins India Ltd. | Capital Goods | 2.71% | ₹275 Cr | +3.15% | — | — |
| Bharat Petroleum Corporation Ltd. | Energy | 2.58% | ₹261 Cr | +2.40% | +3.21% | +2.63% |
| The Indian Hotels Company Ltd. | Services | 2.55% | ₹258 Cr | +2.28% | +2.52% | +2.93% |
| Avenue Supermarts Ltd. | Services | 2.47% | ₹250 Cr | +2.37% | +2.44% | +3.08% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 2.47% | ₹250 Cr | +2.50% | +2.14% | +1.95% |
| Britannia Industries Ltd. | Consumer Staples | 2.43% | ₹246 Cr | +2.44% | +3.04% | +3.02% |
| Tata Power Company Ltd. | Energy | 2.28% | ₹230 Cr | +2.80% | +2.73% | +2.76% |
| Varun Beverages Ltd. | Consumer Staples | 2.15% | ₹218 Cr | +2.87% | +2.66% | +2.87% |
| HDFC Asset Management Company Ltd. | Financial | 2.10% | ₹213 Cr | +2.16% | — | — |
| Pidilite Industries Ltd. | Chemicals | 2.06% | ₹208 Cr | +1.83% | +1.99% | +2.07% |
| Indian Oil Corporation Ltd. | Energy | 2.05% | ₹207 Cr | +2.08% | +3.01% | +2.24% |
| Bajaj Holdings & Investment Ltd. | Financial | 1.98% | ₹201 Cr | +1.78% | +2.01% | +2.43% |
| Solar Industries India Ltd. | Chemicals | 1.93% | ₹195 Cr | +1.76% | +1.41% | — |
| Power Finance Corporation Ltd. | Financial | 1.93% | ₹195 Cr | +2.48% | +2.59% | +2.43% |
| GAIL (India) Ltd. | Energy | 1.88% | ₹191 Cr | +1.76% | +1.97% | +2.05% |
| Vedanta Ltd. | Metals & Mining | 1.86% | ₹188 Cr | +2.38% | +5.24% | +3.14% |
| Adani Energy Solutions Ltd. | Energy | 1.83% | ₹185 Cr | +2.08% | +1.51% | +1.22% |
| DLF Ltd. | Construction | 1.74% | ₹176 Cr | +1.50% | +1.67% | +2.08% |
| Bank Of Baroda | Financial | 1.74% | ₹176 Cr | +1.98% | +2.57% | +1.89% |
| Jindal Steel Ltd. | Metals & Mining | 1.74% | ₹176 Cr | +1.78% | +2.00% | +1.54% |
| United Spirits Ltd. | Consumer Staples | 1.73% | ₹175 Cr | +1.49% | +1.75% | +1.70% |
| Bosch Ltd. | Automobile | 1.71% | ₹173 Cr | +1.26% | +1.36% | +1.52% |
| Canara Bank | Financial | 1.68% | ₹170 Cr | +1.75% | +2.28% | +1.54% |
| LTM Limited | Technology | 1.66% | ₹168 Cr | +1.50% | +1.78% | +2.09% |
| Adani Green Energy Ltd. | Capital Goods | 1.60% | ₹162 Cr | +1.96% | +1.25% | +1.23% |
| REC Ltd. | Financial | 1.59% | ₹161 Cr | +1.67% | +1.88% | +1.92% |
| ABB India Ltd. | Capital Goods | 1.58% | ₹160 Cr | +1.51% | +1.37% | +1.15% |
| Punjab National Bank | Financial | 1.55% | ₹157 Cr | +1.45% | +1.92% | +1.53% |
| Union Bank of India | Financial | 1.43% | ₹145 Cr | +1.29% | — | — |
| Godrej Consumer Products Ltd. | Consumer Staples | 1.43% | ₹144 Cr | +1.64% | +2.11% | +2.20% |
| Siemens Ltd. | Capital Goods | 1.40% | ₹142 Cr | +1.35% | +1.30% | +1.19% |
| Lodha Developers Ltd. | Construction | 1.31% | ₹132 Cr | +1.05% | +1.20% | +1.47% |
| Muthoot Finance Ltd. | Financial | 1.26% | ₹127 Cr | +1.42% | — | — |
| Hyundai Motor India Ltd. | Automobile | 1.24% | ₹125 Cr | +1.09% | +1.33% | +1.54% |
| Shree Cement Ltd. | Materials | 1.22% | ₹123 Cr | +1.34% | +1.50% | +1.72% |
| Zydus Lifesciences Ltd. | Healthcare | 1.14% | ₹116 Cr | +1.07% | +0.99% | +1.08% |
| Hindustan Zinc Ltd. | Metals & Mining | 1.13% | ₹114 Cr | +1.09% | +1.13% | — |
| Siemens Energy India Ltd. | Energy | 1.12% | ₹114 Cr | +1.36% | +1.11% | — |
| Ambuja Cements Ltd. | Materials | 0.98% | ₹99.56 Cr | +1.08% | +1.31% | +1.62% |
| Mazagon Dock Shipbuilders Ltd. | Capital Goods | 0.74% | ₹75.00 Cr | +0.74% | +0.73% | — |
| Tata Capital Ltd. | Financial | 0.73% | ₹73.72 Cr | +0.52% | — | — |
| Indian Railway Finance Corporation Ltd. | Financial | 0.66% | ₹66.73 Cr | +0.78% | +0.80% | +0.93% |
| Others | Others | 0.13% | ₹13.18 Cr | -0.23% | -0.21% | +0.17% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Divi's Laboratories Ltd. | 4.04% | 4.73% | +0.70% |
| Power Finance Corporation Ltd. | 2.44% | 1.93% | -0.51% |
| Samvardhana Motherson International Ltd. | 2.63% | 2.97% | +0.34% |
| Bosch Ltd. | 1.40% | 1.71% | +0.30% |
| Adani Energy Solutions Ltd. | 2.13% | 1.83% | -0.30% |
| Tata Motors Ltd. | 3.60% | 3.87% | +0.27% |
| Godrej Consumer Products Ltd. | 1.70% | 1.43% | -0.27% |
| REC Ltd. | 1.84% | 1.59% | -0.25% |
| Varun Beverages Ltd. | 2.38% | 2.15% | -0.23% |
| Tata Power Company Ltd. | 2.50% | 2.28% | -0.23% |
| Cummins India Ltd. | 2.94% | 2.71% | -0.23% |
| Adani Green Energy Ltd. | 1.83% | 1.60% | -0.23% |
| Adani Power Ltd. | 3.46% | 3.23% | -0.22% |
| Others | -0.16% | 0.03% | +0.19% |
| Solar Industries India Ltd. | 1.77% | 1.93% | +0.16% |
| Shree Cement Ltd. | 1.37% | 1.22% | -0.15% |
| CG Power and Industrial Solutions Ltd. | 2.33% | 2.47% | +0.14% |
| Union Bank of India | 1.30% | 1.43% | +0.13% |
| Jindal Steel Ltd. | 1.61% | 1.74% | +0.13% |
| Hindustan Aeronautics Ltd. | 3.48% | 3.58% | +0.11% |
| Hindustan Zinc Ltd. | 1.02% | 1.13% | +0.10% |
| Siemens Ltd. | 1.31% | 1.40% | +0.09% |
| Vedanta Ltd. | 1.77% | 1.86% | +0.09% |
| Pidilite Industries Ltd. | 1.97% | 2.06% | +0.09% |
| Britannia Industries Ltd. | 2.52% | 2.43% | -0.08% |
| Ambuja Cements Ltd. | 1.06% | 0.98% | -0.08% |
| DLF Ltd. | 1.67% | 1.74% | +0.08% |
| ABB India Ltd. | 1.51% | 1.58% | +0.07% |
| Muthoot Finance Ltd. | 1.32% | 1.26% | -0.06% |
| LTM Limited | 1.60% | 1.66% | +0.06% |
| Lodha Developers Ltd. | 1.36% | 1.31% | -0.05% |
| Indian Railway Finance Corporation Ltd. | 0.71% | 0.66% | -0.05% |
| Bajaj Holdings & Investment Ltd. | 1.94% | 1.98% | +0.05% |
| GAIL (India) Ltd. | 1.93% | 1.88% | -0.05% |
| Torrent Pharmaceuticals Ltd. | 2.96% | 2.92% | -0.04% |
| United Spirits Ltd. | 1.77% | 1.73% | -0.03% |
| Bank Of Baroda | 1.77% | 1.74% | -0.03% |
| Zydus Lifesciences Ltd. | 1.11% | 1.14% | +0.03% |
| Bharat Petroleum Corporation Ltd. | 2.56% | 2.58% | +0.03% |
| Mazagon Dock Shipbuilders Ltd. | 0.71% | 0.74% | +0.03% |
| Canara Bank | 1.66% | 1.68% | +0.02% |
| Indian Oil Corporation Ltd. | 2.06% | 2.05% | -0.02% |
| Avenue Supermarts Ltd. | 2.49% | 2.47% | -0.02% |
| TVS Motor Company Ltd. | 3.99% | 4.01% | +0.02% |
| Punjab National Bank | 1.53% | 1.55% | +0.02% |
| Hyundai Motor India Ltd. | 1.23% | 1.24% | +0.01% |
| The Indian Hotels Company Ltd. | 2.56% | 2.55% | -0.01% |
| Cholamandalam Investment and Finance Company Ltd. | 3.16% | 3.16% | +0.01% |
| Tata Capital Ltd. | 0.73% | 0.73% | 0.00% |
| Siemens Energy India Ltd. | 1.13% | 1.12% | 0.00% |
| HDFC Asset Management Company Ltd. | 2.10% | 2.10% | 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 | ₹2,691 Cr | 0.72% | 6.8% | 7.6% | 12.8% |
 UTI Nifty Next 50 Index Fund | ₹7,547 Cr | 0.87% | 6.8% | 7.6% | 12.7% |
 SBI Nifty Next 50 Index Fund | ₹2,366 Cr | 0.76% | 6.8% | 7.6% | 12.7% |
 DSP Nifty Next 50 Index Fund | ₹1,407 Cr | 1.01% | 6.6% | 7.5% | 12.7% |
 Kotak Nifty Next 50 Index Fund | ₹1,295 Cr | 0.64% | 6.9% | 7.7% | 12.8% |
 Nippon India Nifty Next 50 Junior BeES FoF | ₹840 Cr | 0.30% | 6.8% | 7.8% | 13.0% |
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 months15.72% absolute | ₹60,000 | ₹69,432 | 15.72% | |
| 1 year6.91% annualised | ₹1,20,000 | ₹1,24,588 | 3.82% | |
| 3 years16.67% annualised | ₹3,60,000 | ₹4,69,459 | 30.41% | |
| 5 years10.86% annualised | ₹6,00,000 | ₹7,99,395 | 33.23% |
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 ₹63.12 as on 25 Sep 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 0.76% 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 6.6% over 1 year, 7.4% over 3 years and 12.6% 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 ₹11,76,218 Cr under management.