{"id":232529,"date":"2026-09-05T16:35:43","date_gmt":"2026-09-05T11:05:43","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/"},"modified":"2026-09-05T16:35:43","modified_gmt":"2026-09-05T11:05:43","slug":"icici-pru-nifty-next-50-index-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/","title":{"rendered":"ICICI Pru Nifty Next 50 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-nifty-next-50-index-fund-g-direct-plan\">ICICI Pru Nifty Next 50 Index Fund Direct Growth Plan<\/a> is at \u20b967.8462 as of 04 Sep 2026, with scheme AUM of \u20b99,934 Cr. Its 1-year, 3-year and 5-year returns are 8.95%, 17.61% and 11.79%, and the fund sits in the High Risk category.<\/p>\n<p>Our view is that this is a fit for investors who want index-based exposure with a meaningful growth tilt and can stay patient through short-term swings. The long-term return pattern is steadier than the recent one-month weakness, but the fund still carries high volatility risk, so the best match is a longer holding horizon rather than a short tactical allocation.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_ICICI_Pru_Nifty_Next_50_Index\" title=\"Should you BUY or HOLD ICICI Pru Nifty Next 50 Index?\">Should you BUY or HOLD ICICI Pru Nifty Next 50 Index?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_ICICI_Pru_Nifty_Next_50_Index_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of ICICI Pru Nifty Next 50 Index Fund Direct Growth Plan?\">What is the current NAV of ICICI Pru Nifty Next 50 Index Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#What_are_the_funds_1-year_3-year_and_5-year_returns\" title=\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\">What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#How_does_it_compare_with_NIFTY_50\" title=\"How does it compare with NIFTY 50?\">How does it compare with NIFTY 50?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#How_does_it_compare_with_the_peer_funds_listed_here\" title=\"How does it compare with the peer funds listed here?\">How does it compare with the peer funds listed here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#What_is_the_minimum_SIP_amount\" title=\"What is the minimum SIP amount?\">What is the minimum SIP amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#Who_manages_the_fund_and_what_is_the_exit_load\" title=\"Who manages the fund and what is the exit load?\">Who manages the fund and what is the exit load?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-next-50-index-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b967.8462 as of 04 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b99,934 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.31%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>01 Jan 2013<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9100<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Index Funds<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Nishit Patel, Ajaykumar Solanki, Ashwini Shinde, Venus Ahuja<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Nishit Patel, Ajaykumar Solanki, Ashwini Shinde and Venus Ahuja.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-2.06%<\/td>\n<td>-2.95%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>4.04%<\/td>\n<td>2.27%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>8.95%<\/td>\n<td>-4.43%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>17.61%<\/td>\n<td>5.88%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>11.79%<\/td>\n<td>6.29%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund has stayed ahead of the benchmark across every period shown, which matters because the benchmark itself has been uneven over the last year. The strongest gap is visible over 1 year and 3 years, while the 5-year figure still shows a clear lead without looking overstretched.<\/p>\n<p>The short-term profile is less smooth. The 1-month return is negative, and the 3-month period has recovered from weakness into a modest gain, so recent behaviour is choppier than the longer trend. That pattern suggests the fund can participate in recoveries, but it does not move in a straight line.<\/p>\n<p>Over 3 years, the return profile improves materially and points to a stronger compounding phase than the benchmark. The 5-year number is lower than the 3-year pace, which tells us the path has included drawdowns and rebounds rather than a single uninterrupted climb. For an index fund, that is consistent with the higher-risk nature of the underlying universe.<\/p>\n<p>Against NIFTY 50, our view is that the fund has delivered better medium- and long-term participation, but the recent 1-month dip reminds investors that the ride can still be uneven. The return pattern is constructive, yet it is better read as a volatility-adjusted growth exposure than as a defensive holding.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_ICICI_Pru_Nifty_Next_50_Index\"><\/span>Should you BUY or HOLD ICICI Pru Nifty Next 50 Index?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding ICICI Pru Nifty Next 50 Index? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-nifty-next-50-index-fund-g-direct-plan\">ICICI Pru Nifty Next 50 Index Fund Direct Growth Plan<\/a><\/td>\n<td>8.95%<\/td>\n<td>17.61%<\/td>\n<td>11.79%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-nasdaq-100-index-fund-g-direct-plan\">ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan<\/a><\/td>\n<td>33.85%<\/td>\n<td>29.56%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-nifty-india-defence-index-fund-g-direct-plan\">Motilal Oswal Nifty India Defence Index Fund Direct Growth Plan<\/a><\/td>\n<td>28.73%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-nifty-india-defence-index-fund-g-direct-plan\">Aditya Birla SL Nifty India Defence Index Fund Direct Growth Plan<\/a><\/td>\n<td>28.73%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-nifty-capital-market-index-fund-g-direct-plan\">Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan<\/a><\/td>\n<td>28.44%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-nifty-capital-markets-index-fund-g-direct-plan\">Tata Nifty Capital Markets Index Fund Direct Growth Plan<\/a><\/td>\n<td>28.16%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>The current fund\u2019s 1-year return is well below the faster-moving peer themes shown here, especially the sector and thematic index funds. That does not make the comparison unhelpful; it shows that this fund is built for a different role, where broad market participation matters more than chasing sharp short-term spikes.<\/p>\n<p>Over 3 years and 5 years, the current fund still looks more complete than several peers that do not yet have longer histories. The only peer in this set with both 1-year and 3-year numbers is the NASDAQ 100 fund, and that scheme has higher recent returns. Even so, the current fund\u2019s longer-term record is better supported by a full 5-year stretch, which gives a clearer picture of how it has compounded through different market phases.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Divi&#8217;S Laboratories Ltd.<\/td>\n<td>Healthcare<\/td>\n<td>4.04%<\/td>\n<\/tr>\n<tr>\n<td>TVS Motor Company Ltd.<\/td>\n<td>Automobile &amp; Ancillaries<\/td>\n<td>3.99%<\/td>\n<\/tr>\n<tr>\n<td>Tata Motors Ltd.<\/td>\n<td>Domestic Equities<\/td>\n<td>3.60%<\/td>\n<\/tr>\n<tr>\n<td>Hindustan Aeronautics Ltd.<\/td>\n<td>Capital Goods<\/td>\n<td>3.48%<\/td>\n<\/tr>\n<tr>\n<td>Adani Power Ltd.<\/td>\n<td>Power<\/td>\n<td>3.46%<\/td>\n<\/tr>\n<tr>\n<td>Cholamandalam Investment and Finance Company Ltd.<\/td>\n<td>Finance<\/td>\n<td>3.16%<\/td>\n<\/tr>\n<tr>\n<td>Torrent Pharmaceuticals Ltd.<\/td>\n<td>Healthcare<\/td>\n<td>2.96%<\/td>\n<\/tr>\n<tr>\n<td>Cummins India Ltd.<\/td>\n<td>Automobile &amp; Ancillaries<\/td>\n<td>2.94%<\/td>\n<\/tr>\n<tr>\n<td>Samvardhana Motherson International Ltd.<\/td>\n<td>Automobile &amp; Ancillaries<\/td>\n<td>2.63%<\/td>\n<\/tr>\n<tr>\n<td>Bharat Petroleum Corporation Ltd.<\/td>\n<td>Crude Oil<\/td>\n<td>2.56%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is Divi&#8217;S Laboratories Ltd. at 4.04%, which is not dominant by itself, but it is still large enough to matter in day-to-day fund movements. The tenth holding stands at 2.56%, so the fall from the top position to the tenth is present but not steep, which points to a fairly even spread among the leading names.<\/p>\n<p>The top 10 holdings account for approximately 32.82% of the portfolio, and that suggests the remainder is spread across a longer tail of positions. Since the fund holds 50 disclosed holdings in total, the visible names represent only part of the whole, so individual holdings may matter without any single one overwhelming the portfolio.<\/p>\n<p>That structure can reduce dependence on one stock, but it does not remove concentration risk completely because the fund is still built around a limited set of leading holdings. Our view is that the mix may give investors broad index exposure while still allowing the largest positions to influence returns when those names move sharply.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-nifty-next-50-index-fund-g-direct-plan\">ICICI Pru Nifty Next 50 Index Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund suits investors who can tolerate High Risk exposure and are comfortable with temporary swings in value. The return pattern shows stronger medium- and long-term results than the benchmark, but the recent one-month weakness shows that the path is not smooth.<\/p>\n<p>A longer investment horizon is important here because the 3-year and 5-year outcomes are more informative than the short-term month-to-month moves. The main trade-off is that investors may get broader participation in market growth, but they must accept periods of underperformance and volatility along the way.<\/p>\n<p>The portfolio mix also suggests that returns may be influenced by a small group of leading holdings, even though the overall scheme is diversified across 50 disclosed holdings. That makes the fund better suited to investors who want systematic equity exposure and can stay invested through uneven stretches rather than reacting to every short-term dip.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Exit load: No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_ICICI_Pru_Nifty_Next_50_Index_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of ICICI Pru Nifty Next 50 Index Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b967.8462 as of 04 Sep 2026. It was down 0.23% on the day.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_1-year_3-year_and_5-year_returns\"><\/span>What are the fund\u2019s 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund\u2019s returns are 8.95% for 1 year, 17.61% for 3 years and 11.79% for 5 years. The 3-year figure is the strongest of the three.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_NIFTY_50\"><\/span>How does it compare with NIFTY 50?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It has stayed ahead of NIFTY 50 across 1 year, 3 years and 5 years. The benchmark returns for those periods are -4.43%, 5.88% and 6.29%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_the_peer_funds_listed_here\"><\/span>How does it compare with the peer funds listed here?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund\u2019s 1-year return is lower than the faster-moving thematic peers shown here, while its 3-year and 5-year record provides a fuller longer-term picture. The peer set mixes schemes with very strong recent gains and some with missing longer-term histories.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_minimum_SIP_amount\"><\/span>What is the minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The minimum SIP amount is \u20b9100.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_manages_the_fund_and_what_is_the_exit_load\"><\/span>Who manages the fund and what is the exit load?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is managed by Nishit Patel, Ajaykumar Solanki, Ashwini Shinde and Venus Ahuja. The exit load is nil, so there is no exit load on redemption.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The fund\u2019s recent performance is softer than its longer-term record, but the 3-year and 5-year numbers still point to better compounding than the benchmark. Compared with the peer set shown here, it looks less flashy in the short term yet more grounded as a broad-market index option.<\/p>\n<p>Its High Risk label, combined with a portfolio that is spread across 50 disclosed holdings but still led by a small set of larger positions, means it can suit investors who can tolerate volatility and stay invested for years rather than months. Our view is that the fund is best read as a steady equity allocation with uneven short-term behaviour, not as a low-fluctuation holding.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 5 September 2026 at 4:32 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"ICICI Pru Nifty Next 50 Index Fund Direct Growth Plan\",\"identifier\":\"icici-pru-nifty-next-50-index-fund-g-direct-plan\",\"category\":\"Index Funds\",\"dateCreated\":\"01 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":67.8462,\"valueReference\":\"as of 04 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"9934 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.31\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":8.95},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":17.61},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":11.79},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Nishit Patel, Ajaykumar Solanki, Ashwini Shinde, Venus Ahuja\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of ICICI Pru Nifty Next 50 Index Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b967.8462 as of 04 Sep 2026. It was down 0.23% on the day.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s returns are 8.95% for 1 year, 17.61% for 3 years and 11.79% for 5 years. The 3-year figure is the strongest of the three.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with NIFTY 50?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has stayed ahead of NIFTY 50 across 1 year, 3 years and 5 years. The benchmark returns for those periods are -4.43%, 5.88% and 6.29%.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds listed here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-year return is lower than the faster-moving thematic peers shown here, while its 3-year and 5-year record provides a fuller longer-term picture. The peer set mixes schemes with very strong recent gains and some with missing longer-term histories.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9100.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Nishit Patel, Ajaykumar Solanki, Ashwini Shinde and Venus Ahuja. The exit load is nil, so there is no exit load on redemption.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ICICI Pru Nifty Next 50 Index Fund Direct Growth Plan has a \u20b967.8462 NAV as of 04 Sep 2026, \u20b99,934 Cr AUM, High Risk profile and 5-year return of 11.79%.<\/p>\n","protected":false},"author":29,"featured_media":232528,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-232529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["232528"],"rank_math_title":["ICICI Pru Nifty Next 50 Index Fund Review"],"rank_math_description":["ICICI Pru Nifty Next 50 Index Fund review: NAV \u20b967.8462, 1Y 8.95%, 3Y 17.61%, 5Y 11.79% as of 04 Sep 2026."],"rank_math_focus_keyword":["ICICI Pru Nifty Next 50 Index Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/ICICI_Pru_Nifty_Next_50_Index_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/232529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=232529"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/232529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/232528"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=232529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=232529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=232529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}