Icici Prudential Nifty Next 50 Index Fund Overview
Category Index Fund
BMSMONEY Rank 75
Rating
Growth Option 21-05-2025
NAV ₹58.69(R) +1.17% ₹61.82(D) +1.17%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular -2.17% 20.37% 23.33% 13.01% 12.95%
Direct -1.83% 20.79% 23.81% 13.46% 13.41%
Benchmark
SIP (XIRR) Regular -4.02% 19.77% 18.53% 17.08% 14.77%
Direct -3.69% 20.18% 18.96% 17.52% 15.2%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.41 0.22 0.41 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
20.3% -28.95% -26.1% - 14.8%
Top Index Fund
Fund Name Rank Rating
Motilal Oswal Nifty Bank Index Fund 1
ICICI Prudential Nifty Bank Index Fund 2
AXIS Nifty Midcap 50 Index Fund 3
Navi Nifty Bank Index Fund 4
Motilal Oswal Nifty Midcap 150 Index Fund 5
Nippon India Nifty Midcap 150 Index Fund 6
Aditya Birla Sun Life Nifty Midcap 150 Index Fund 7
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund 8
ICICI Prudential Nifty Midcap 150 Index Fund 9
Navi Nifty Midcap 150 Index Fund 10
UTI BSE Low Volatility Index Fund 11
HDFC NIFTY50 Equal Weight Index Fund 12
Edelweiss Nifty Large Mid Cap 250 Index Fund 13
DSP Nifty 50 Equal Weight Index Fund 14
Aditya Birla Sun Life Nifty 50 Equal Weight Index Fund 15
Kotak Nifty SDL Apr 2032 Top 12 Eq Wt Index Fund 16
UTI Nifty 50 Index Fund 17
UTI BSE Sensex Index Fund 18

NAV Date: 21-05-2025

Scheme Name NAV Rupee Change Percent Change
ICICI Prudential Nifty Next 50 Index Fund - Growth 58.69
0.6800
1.1700%
ICICI Prudential Nifty Next 50 Index Fund -IDCW 58.69
0.6800
1.1700%
ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - IDCW 61.79
0.7100
1.1700%
ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth 61.82
0.7100
1.1700%

Review Date: 21-05-2025

Beginning of Analysis

In the Index Funds category, Icici Prudential Nifty Next 50 Index Fund is the 75th ranked fund. The category has total 86 funds. The Icici Prudential Nifty Next 50 Index Fund has shown a very poor past performence in Index Funds. The fund has a Sharpe Ratio of 0.41 which is lower than the category average of 0.51.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Index Mutual Fundss

Icici Prudential Nifty Next 50 Index Fund Return Analysis

  • The fund has given a return of 2.35%, 10.69 and 0.18 in last one, three and six months respectively. In the same period the category average return was 3.5%, 8.54% and 3.21% respectively.
  • Icici Prudential Nifty Next 50 Index Fund has given a return of -1.83% in last one year. In the same period the Index Funds category average return was 6.98%.
  • The fund has given a return of 20.79% in last three years and ranked 22.0nd out of 84 funds in the category. In the same period the Index Funds category average return was 16.9%.
  • The fund has given a return of 23.81% in last five years and ranked 8th out of 29 funds in the category. In the same period the Index Funds category average return was 24.09%.
  • The fund has given a return of 13.41% in last ten years and ranked 1st out of 15 funds in the category. In the same period the category average return was 12.35%.
  • The fund has given a SIP return of -3.69% in last one year whereas category average SIP return is 3.35%. The fund one year return rank in the category is 115th in 136 funds
  • The fund has SIP return of 20.18% in last three years and ranks 20th in 82 funds. Aditya Birla Sun Life Nifty Smallcap 50 Index Fund has given the highest SIP return (26.02%) in the category in last three years.
  • The fund has SIP return of 18.96% in last five years whereas category average SIP return is 16.75%.

Icici Prudential Nifty Next 50 Index Fund Risk Analysis

  • The fund has a standard deviation of 20.3 and semi deviation of 14.8. The category average standard deviation is 12.59 and semi deviation is 9.04.
  • The fund has a Value at Risk (VaR) of -28.95 and a maximum drawdown of -26.1. The category average VaR is -16.53 and the maximum drawdown is -14.13.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Index Funds Category
  • Good Performance in Index Funds Category
  • Poor Performance in Index Funds Category
  • Very Poor Performance in Index Funds Category


    • Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Icici Prudential Nifty Next 50 Index Fund NAV Regular Growth Icici Prudential Nifty Next 50 Index Fund NAV Direct Growth
    21-05-2025 58.6928 61.8168
    20-05-2025 58.0155 61.1028
    19-05-2025 59.1038 62.2483
    16-05-2025 58.8202 61.9478
    15-05-2025 58.0742 61.1614
    14-05-2025 57.474 60.5288
    13-05-2025 57.0589 60.091
    12-05-2025 57.065 60.0969
    09-05-2025 54.8297 57.741
    08-05-2025 55.035 57.9567
    07-05-2025 56.2409 59.226
    06-05-2025 55.9687 58.9388
    02-05-2025 56.5027 59.4987
    30-04-2025 56.5691 59.5675
    28-04-2025 57.0394 60.0616
    25-04-2025 56.4025 59.3892
    24-04-2025 57.794 60.8538
    23-04-2025 57.8817 60.9455
    22-04-2025 57.4869 60.5293
    21-04-2025 57.3633 60.3986

    Fund Launch Date: 10/Jun/2010
    Fund Category: Index Fund
    Investment 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.
    Fund Description: An open ended Index scheme replicating Nifty Next 50 Index
    Fund Benchmark: Nifty Next 50 Total Return Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.