Special 
Objective: The investment objective of the Scheme is to invest in companies whose securities are included in Nifty Next 50 TRI (the Index) and to endeavor to achieve the returns of the above index as closely as possible, though subject to tracking error. The Scheme will not seek to outperform the Nifty Next 50. The objective is that the performance of the NAV of the Scheme should closely track the performance of the Nifty Next 50 over the same period subject to tracking error. However, there is no assurance that the investment objective of the Scheme will be realized.
ICICI Prudential Nifty Next 50 Index Fund Direct Plan Growth is an Equity - Index Funds fund. The fund was launched in Jan 1, 2013. Its risk level is Very High. The NAV of the fund as on Feb 25, 2025 is ₹54.78. Its expense ratio is 0.30 %. The fund has an AUM of ₹6,616.28 Cr.The fund is managed by Kayzad Eghlim, Nishit Patel, Ajaykumar Solanki, Priya Sridhar, Ashwini Shinde. The minimum initial investment is ₹100 in Lumpsum mode.
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