ICICI Prudential Nifty 50 Index Plan Direct Growth

Objective: An open-ended index linked growth scheme seeking to track the returns of the Nifty 50 through investments in a basket of stocks drawn from the constituents of the above index. The objective of the Scheme is to invest in companies whose securities are included in Nifty and subject to tracking errors, to endeavor to achieve the returns of the above index as closely as possible. This would be done by investing in almost all the stocks comprising the Nifty 50 in approximately the same weightage that they represent in Nifty 50. The Scheme will not seek to outperform the Nifty 50 or to under perform it. The objective is that the performance of the NAV of the Scheme should closely track the performance of the Nifty 50 over the same period. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.

ICICI Prudential Nifty 50 Index Plan Direct Growth is an Equity - Index Funds fund. The fund was launched inJan 01, 2013. Its risk level is . The NAV of the fund as onApr 28, 2025 is ₹253.41. Its expense ratio is 0.17 %. The fund has an AUM of ₹12,618.64 Cr.The fund is managed byKayzad Eghlim,Nishit Patel,Ajaykumar Solanki,Priya Sridhar,Ashwini Shinde.
The minimum initial investment is  ₹100 in Lumpsum mode.