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ICICI Prudential Nifty Next 50 Index Fund

Index Funds · ICICI Prudential Asset Management Company Limited

In plain words

Among the 1179 similar index fundss we track, this one has grown money faster than most. ₹1 lakh invested 5 years ago would be about ₹1.6 lakh today. Investing ₹10,000 every month for the last 10 years would have put in ₹12.1 lakh and grown it to about ₹23.9 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹58,910. Funds like this reward patience and punish panic-selling.

New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.
ICICI Prudential Nifty Next 50 Index Fund has fallen 41% from a peak. See that fall charted in rupees, and every month it took to recover.
See the drawdown free →

ICICI Prudential Nifty Next 50 Index Fund is a index funds from ICICI Prudential Asset Management Company Limited. It has a track record of about 13.7 years. As of the latest data it carries an RS rating of 60/99 (its recent momentum versus category peers) and a King Score of 56/100 (a long-term quality composite). The current NAV is ₹65.5 (as of 2026-09-16).

At a glance. Long-term quality (King Score): 56/100 · Current momentum (RS): 60/99 · 5-year CAGR: 10.53% · Worst-ever fall: -41.09%
60RS rating
56King Score
15.54%3Y CAGR
10.53%5Y CAGR
-41.09%Max drawdown
0.46Sharpe 3Y
0.26%Expense
6595AUM ₹Cr

Growth of ₹100 - last 5 years

2021-092026-08
What ₹100 invested 5 years ago would be worth today, from actual NAV history.

ICICI Prudential Nifty Next 50 Index Fund returns: last 1, 3, 5 and 10 years

PeriodThis fundCategory average
1 month-5.51%-3.19%
3 months-1.65%-0.24%
6 months8.57%4.45%
1 year3.59%1.13%
3 years (CAGR)15.54%9.06%
5 years (CAGR)10.53%8.52%
10 years (CAGR)12.39%11.12%

The last 10 years return of ICICI Prudential Nifty Next 50 Index Fund works out to 12.39% a year (CAGR) - ₹1 lakh invested 10 years ago would be about ₹3.2 lakh today. The last 5 years return is 10.53% a year (₹1 lakh → ₹1.6 lakh), and the last 3 years return is 15.54% - ahead of its category's 9.06% average by 6.5 points. Its trailing one-year return is 3.59%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.

Year-by-year returns

YearICICI Prudential NiftyBenchmark
2018-8.4%-3.4%
2019+1.0%+7.7%
2020+14.7%+16.7%
2021+30.1%+30.2%
2022+0.5%+3.0%
2023+26.8%+25.8%
2024+27.5%+15.2%
2025+2.5%+6.7%
2026+1.9%-5.8%

ICICI Prudential Nifty Next 50 Index Fund beat its benchmark in 3 of the last 9 calendar years. A below-par hit-rate versus its own index is worth weighing against its other strengths. Consistency against the benchmark matters more than any single great year.

Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.

What a monthly SIP in ICICI Prudential Nifty Next 50 Index Fund would have made

A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.

SIP durationYou investedIt becameXIRR
3 years₹370,000₹411,0716.96%
5 years₹610,000₹825,71312.05%
10 years₹1,210,000₹2,391,82613.06%

Over 10 years, ₹1,210,000 invested in monthly instalments would have grown to about ₹2,391,826 - an XIRR of 13.06%. Figures are pre-tax and assume you stayed invested throughout.

Risk & drawdowns

MeasureThis fundCategory average
Worst drawdown (lifetime)-41.09%-16.31%
Worst drawdown (3Y)-26.68%-15.09%
Volatility (1Y)20.3%14.53%
Sharpe (3Y)0.460.24
Sortino (3Y)0.790.69
Beta (3Y)1.250.67
Alpha (3Y)6.43%1.16%
Up capture128.5%70.6%
Down capture115.8%61.79%
Bull-market return25.9%22.28%
Bear-market return-31.5%-18.34%

Timing matters more than people admit: the best possible 1-year stretch in ICICI Prudential Nifty Next 50 Index Fund (starting 2020-03-23) gained 87.5%, while the worst (starting 2019-03-22) lost 32.9%. The worst peak-to-bottom fall ICICI Prudential Nifty Next 50 Index Fund has ever put investors through is -41.09% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -31.5% annualised, versus 25.9% in rising markets. It has captured roughly 128.5% of its benchmark's up-moves and 115.8% of its down-moves.

How ICICI Prudential Nifty Next 50 Index Fund behaves when markets fall

When the market is falling (the Nifty below its 200-day average), ICICI Prudential Nifty Next 50 Index Fund has historically returned about -31.5% annualised, versus roughly 25.9% when the market is rising. Its deepest fall on record is -41.09%. Right now it sits about 8.9% below its all-time high (last hit 2024-09-27). The real question isn't the average year - it's whether you could hold on through the worst one.

How ICICI Prudential Nifty Next 50 Index Fund ranks in its category

Percentile versus its ~1179 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.

3-year return
93th
Drawdown resilience
5th
Consistency
35th
Risk-adjusted (Sharpe)
71th

Consistency (rolling returns)

MeasureValue
Median 3Y rolling CAGR16.5%
3Y windows positive93.8%
Worst 3Y window-6.74%
Median 5Y rolling CAGR13.8%
Median 10Y rolling CAGR14.25%

Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, ICICI Prudential Nifty Next 50 Index Fund returned a median of 16.5% a year, and 93.8% of those windows were positive.

Who manages ICICI Prudential Nifty Next 50 Index Fund - and how good are they?

ICICI Prudential Nifty Next 50 Index Fund is managed by Nishit Patel, Ajaykumar Solanki and Ashwini Bharucha. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.

Nishit Patel's full record

Nishit Patel currently runs 26 funds, across FoF Domestic, Index Funds, with about ₹45,455 Cr under management. The book's average King Score is 49.2/100. Their strongest fund by King Score is ICICI Prudential Nifty Pharma Index Fund (76/100); ICICI Prudential Nifty Next 50 Index Fund ranks #8 of 26 in their book.

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#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1ICICI Prudential Nifty Pharma Index Fund98768.1%15.8%17.2%18.9%n/an/a0.7822.2%-16.6%
2ICICI Prudential Passive Multi-Asset Fund of Funds62720.6%4.5%7.1%12.7%n/an/a0.8615.2%-7.2%
3ICICI Prudential Gold ETF FOF84670.5%-2.4%37.0%35.7%25.3%16.0%1.359.9%-24.3%
4ICICI Prudential Silver ETF FOF9365-8.4%-9.1%75.4%45.1%n/an/a0.9933.5%-38.6%
5ICICI Prudential Nifty Midcap 150 Index Fund8365-0.8%10.1%4.1%13.9%n/an/a0.4222.4%-21.1%
6ICICI Prudential Nifty Auto Index Fund61640.2%7.9%0.8%18.4%n/an/a0.5527.3%-28.3%
7ICICI Prudential Nifty50 Equal Weight Index Fund3561-1.9%2.9%-1.0%10.3%n/an/a0.2617.1%-18.1%
8ICICI Prudential Nifty Next 50 Index Fund (this page)6056-1.6%8.6%3.6%15.5%10.5%12.4%0.4616.5%-41.1%
9ICICI Prudential Nifty Bank Index Fund4654-1.1%3.1%3.1%7.3%n/an/a0.0612.5%-17.8%
10ICICI Prudential Nifty Smallcap 250 Index Fund95513.5%20.1%4.2%13.2%n/an/a0.3420.5%-26.9%
11ICICI Prudential BHARAT 22 FOF243-6.6%-6.0%2.4%14.2%20.2%n/a0.427.5%-44.0%
12ICICI Prudential Nifty 200 Momentum 30 Index Fund2242-4.3%2.7%-3.5%9.0%n/an/a0.1216.6%-31.8%
13ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF737-1.4%1.3%-6.3%8.5%7.9%n/a0.1516.2%-18.3%
14ICICI Prudential BSE 500 ETF FOF1436-1.1%4.8%-2.2%8.6%n/an/a0.1514.8%-19.4%
15ICICI Prudential Nifty Alpha Low - Volatility 30 ETF FOF16340.3%3.3%-2.5%9.6%n/an/a0.216.2%-25.1%
16ICICI Prudential Nifty 50 Index Fund1830-2.2%-0.8%-6.8%5.7%6.6%11.1%-0.0513.2%-38.2%
17ICICI Prudential BSE Sensex Index Fund1024-2.0%-1.6%-8.5%4.0%5.7%n/a-0.1614.8%-37.3%
18ICICI Prudential Nifty IT Index Fund2593.8%1.9%-18.0%-2.8%n/an/a-0.377.6%-39.6%
19ICICI Prudential Nifty EV & New Age Automotive ETF FOF67n/a1.6%14.2%0.2%n/an/an/a0.26n/a-19.6%
20ICICI Prudential Nifty Private Bank Index Fund47n/a-1.4%5.0%2.2%n/an/an/an/an/a-16.8%
21ICICI Prudential Nifty LargeMidcap 250 Index Fund43n/a-1.4%5.4%-0.5%n/an/an/a0.05n/a-18.9%
22ICICI Prudential Nifty 500 Index Fund38n/a-1.2%4.3%-2.5%n/an/an/a-0.35n/a-14.8%
23ICICI Prudential Nifty200 Value 30 Index Fund35n/a-6.2%-2.0%12.6%n/an/an/a-0.1n/a-18.4%
24ICICI Prudential Nifty200 Quality 30 Index Fund29n/a-1.4%3.3%-6.7%n/an/an/a-0.69n/a-15.2%
25ICICI Prudential Nifty Top 15 Equal Weight Index Fund5n/a-3.4%-1.7%-9.5%n/an/an/an/an/a-17.5%
26ICICI Prudential Nifty50 Value 20 Index Fund2n/a-4.5%-4.1%-9.6%n/an/an/a-0.49n/a-19.6%

Ajaykumar Solanki's full record

Ajaykumar Solanki currently runs 10 funds, across Arbitrage Fund, Equity Savings, FoF Domestic, Index Funds, with about ₹75,690 Cr under management. The book's average King Score is 46.6/100. Their strongest fund by King Score is ICICI Prudential Arbitrage Fund (76/100); ICICI Prudential Nifty Next 50 Index Fund ranks #4 of 10 in their book.

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#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1ICICI Prudential Arbitrage Fund82761.6%3.1%6.6%7.3%6.7%6.3%0.826.7%-0.6%
2ICICI Prudential Nifty Midcap 150 Index Fund8365-0.8%10.1%4.1%13.9%n/an/a0.4222.4%-21.1%
3ICICI Prudential Equity Savings Fund64581.1%1.8%2.5%6.7%7.4%7.9%0.078.8%-19.2%
4ICICI Prudential Nifty Next 50 Index Fund (this page)6056-1.6%8.6%3.6%15.5%10.5%12.4%0.4616.5%-41.1%
5ICICI Prudential Nifty Bank Index Fund4654-1.1%3.1%3.1%7.3%n/an/a0.0612.5%-17.8%
6ICICI Prudential Nifty Smallcap 250 Index Fund95513.5%20.1%4.2%13.2%n/an/a0.3420.5%-26.9%
7ICICI Prudential BHARAT 22 FOF243-6.6%-6.0%2.4%14.2%20.2%n/a0.427.5%-44.0%
8ICICI Prudential Nifty 50 Index Fund1830-2.2%-0.8%-6.8%5.7%6.6%11.1%-0.0513.2%-38.2%
9ICICI Prudential BSE Sensex Index Fund1024-2.0%-1.6%-8.5%4.0%5.7%n/a-0.1614.8%-37.3%
10ICICI Prudential Nifty IT Index Fund2593.8%1.9%-18.0%-2.8%n/an/a-0.377.6%-39.6%

Ashwini Bharucha's full record

Ashwini Bharucha currently runs 25 funds, across FoF Domestic, Index Funds, with about ₹43,958 Cr under management. The book's average King Score is 47.9/100. Their strongest fund by King Score is ICICI Prudential Nifty Pharma Index Fund (76/100); ICICI Prudential Nifty Next 50 Index Fund ranks #7 of 25 in their book.

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#FundRSKing3M6M1Y3Y CAGR5Y CAGR10Y CAGRSharpeRoll 3YWorst fall
1ICICI Prudential Nifty Pharma Index Fund98768.1%15.8%17.2%18.9%n/an/a0.7822.2%-16.6%
2ICICI Prudential Gold ETF FOF84670.5%-2.4%37.0%35.7%25.3%16.0%1.359.9%-24.3%
3ICICI Prudential Silver ETF FOF9365-8.4%-9.1%75.4%45.1%n/an/a0.9933.5%-38.6%
4ICICI Prudential Nifty Midcap 150 Index Fund8365-0.8%10.1%4.1%13.9%n/an/a0.4222.4%-21.1%
5ICICI Prudential Nifty Auto Index Fund61640.2%7.9%0.8%18.4%n/an/a0.5527.3%-28.3%
6ICICI Prudential Nifty50 Equal Weight Index Fund3561-1.9%2.9%-1.0%10.3%n/an/a0.2617.1%-18.1%
7ICICI Prudential Nifty Next 50 Index Fund (this page)6056-1.6%8.6%3.6%15.5%10.5%12.4%0.4616.5%-41.1%
8ICICI Prudential Nifty Bank Index Fund4654-1.1%3.1%3.1%7.3%n/an/a0.0612.5%-17.8%
9ICICI Prudential Nifty Smallcap 250 Index Fund95513.5%20.1%4.2%13.2%n/an/a0.3420.5%-26.9%
10ICICI Prudential BHARAT 22 FOF243-6.6%-6.0%2.4%14.2%20.2%n/a0.427.5%-44.0%
11ICICI Prudential Nifty 200 Momentum 30 Index Fund2242-4.3%2.7%-3.5%9.0%n/an/a0.1216.6%-31.8%
12ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF737-1.4%1.3%-6.3%8.5%7.9%n/a0.1516.2%-18.3%
13ICICI Prudential BSE 500 ETF FOF1436-1.1%4.8%-2.2%8.6%n/an/a0.1514.8%-19.4%
14ICICI Prudential Nifty Alpha Low - Volatility 30 ETF FOF16340.3%3.3%-2.5%9.6%n/an/a0.216.2%-25.1%
15ICICI Prudential Nifty 50 Index Fund1830-2.2%-0.8%-6.8%5.7%6.6%11.1%-0.0513.2%-38.2%
16ICICI Prudential BSE Sensex Index Fund1024-2.0%-1.6%-8.5%4.0%5.7%n/a-0.1614.8%-37.3%
17ICICI Prudential Nifty IT Index Fund2593.8%1.9%-18.0%-2.8%n/an/a-0.377.6%-39.6%
18ICICI Prudential Nifty EV & New Age Automotive ETF FOF67n/a1.6%14.2%0.2%n/an/an/a0.26n/a-19.6%
19ICICI Prudential Nifty Private Bank Index Fund47n/a-1.4%5.0%2.2%n/an/an/an/an/a-16.8%
20ICICI Prudential Nifty LargeMidcap 250 Index Fund43n/a-1.4%5.4%-0.5%n/an/an/a0.05n/a-18.9%
21ICICI Prudential Nifty 500 Index Fund38n/a-1.2%4.3%-2.5%n/an/an/a-0.35n/a-14.8%
22ICICI Prudential Nifty200 Value 30 Index Fund35n/a-6.2%-2.0%12.6%n/an/an/a-0.1n/a-18.4%
23ICICI Prudential Nifty200 Quality 30 Index Fund29n/a-1.4%3.3%-6.7%n/an/an/a-0.69n/a-15.2%
24ICICI Prudential Nifty Top 15 Equal Weight Index Fund5n/a-3.4%-1.7%-9.5%n/an/an/an/an/a-17.5%
25ICICI Prudential Nifty50 Value 20 Index Fund2n/a-4.5%-4.1%-9.6%n/an/an/a-0.49n/a-19.6%

A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.

Cost & fund basics

DetailValue
Expense ratio (Direct)0.26%
Exit loadNo exit load
Minimum investment₹100
Fund size (AUM)₹6,595 Cr
Age13.7 years
Plan / OptionDirect · Growth
BenchmarkNIFTY500

How ICICI Prudential Nifty Next 50 Index Fund compares to peers

FundRSKing3Y CAGR
Bandhan Crisil Ibx 90 10 Sdl Plus Gilt - Sep27 Index Fund84827.6%
UTI CRISIL SDL Maturity June 2027 Index Fund81817.5%
Aditya Birla Sun Life Nifty SDL SEP 2027 Index Fund80817.5%
SBI CRISIL IBX SDL Index - September 2027 Fund83807.5%
Baroda BNP Paribas Nifty SDL December 2026 Index Fund79807.4%
DSP Nifty SDL Plus G-Sec Sep 2027 50 50 Index Fund77807.4%
Compare side by side. Chart ICICI Prudential Nifty Next 50 Index Fund against these peers on one screen - rebased returns, drawdowns, rolling windows and stock-level overlap.
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Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.

What these numbers mean

RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.

ICICI Prudential Nifty Next 50 Index Fund review: the bottom line

On the data, its strengths are a low expense ratio (0.26%). Whether it fits you depends on your goals, horizon and risk appetite - this page describes the fund, it does not recommend it.

Related

Frequently asked questions

Is ICICI Prudential Nifty Next 50 Index Fund a good mutual fund?

That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, ICICI Prudential Nifty Next 50 Index Fund scores 56/100 on our King Score and RS 60/99 within its category, has compounded 15.54% a year over three years, and its worst drawdown was -41.09%. Compare those against your needs and the peer table above.

What is the NAV of ICICI Prudential Nifty Next 50 Index Fund today?

The latest NAV is ₹65.5 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.

What is the last 10 years return of ICICI Prudential Nifty Next 50 Index Fund?

Over the last 10 years ICICI Prudential Nifty Next 50 Index Fund has returned about 12.39% a year (CAGR). In rupees: ₹1 lakh invested 10 years ago would be roughly ₹3.2 lakh today, before tax. See the year-by-year table above for how uneven the ride was.

What is the expense ratio of ICICI Prudential Nifty Next 50 Index Fund?

The Direct-plan expense ratio is 0.26% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.

Who is the fund manager of ICICI Prudential Nifty Next 50 Index Fund?

ICICI Prudential Nifty Next 50 Index Fund is managed by Nishit Patel; Ajaykumar Solanki; Ashwini Bharucha; Venus Ahuja.

Is ICICI Prudential Nifty Next 50 Index Fund safe? How risky is it?

No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -41.09% - ₹1 lakh briefly becoming about ₹58,910. As a index & fof, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.

Is ICICI Prudential Nifty Next 50 Index Fund good for SIP?

We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 10 years grew ₹12.1 lakh into about ₹23.9 lakh (XIRR 13.06%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.

What are the SIP returns of ICICI Prudential Nifty Next 50 Index Fund?

A ₹10,000/month SIP over 10 years would have grown to about ₹2,391,826 (an XIRR of 13.06%) on ₹1,210,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.

How does ICICI Prudential Nifty Next 50 Index Fund rank among similar funds?

On 3-year returns it sits around the 93th percentile of its category, and its consistency ranks 35th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.

Is ICICI Prudential Nifty Next 50 Index Fund tax-efficient / what about capital gains?

As a index & fof, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.

Direct or Regular plan - which is shown here?

All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.

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Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.

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