ICICI Prudential Nifty 50 Index Fund - IDCW Payout

ICICI Prudential Nifty 50 Index Fund - IDCW Payout is a scheme launched by ICICI Mutual Fund on September 23, 2015, and falls under the Index fund category. It currently manages an AUM of Rs 14,106.24 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 0.36% for managing the portfolio.

• Investing Strategy:

  Objective is track the returns of S & P Nifty index through investment in stocks drawn from constituents of Nifty

• Performance:

  ICICI Prudential Nifty 50 Index Fund - IDCW Payout trailing returns over different times are 4.86% (1 year), 14.54% (3 year) and 17.61% (5 year). The average annual return of this fund stands at 13.1%.