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ICICI Pru Nifty Next 50 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
Univest 7 hrs ago·5 Sept 2026, 11:02 am
The ICICI Pru Nifty Next 50 Index Fund Direct Growth is an exchange-traded fund that aims to mirror the performance of the Nifty Next 50 index. This benchmark tracks the 51st to 100th largest companies listed on the National Stock Exchange of India. By investing in this fund, you gain exposure to a basket of mid-cap and large-cap stocks that are often overlooked by the broader Nifty 50 index, offering a broader view of the Indian equity market.
For investors, this fund serves as a strategic tool to diversify a portfolio beyond the top 50 blue-chip companies. It captures the growth potential of established yet smaller firms, which can provide higher returns over the long term compared to the more stable large-cap stocks. However, these companies can be more volatile, so it is essential to assess your risk tolerance before committing capital.
Moving forward, investors should monitor the fund's expense ratio and its tracking error, which measures how closely the fund's performance matches the index. Keeping an eye on the underlying stock performance and market conditions will also help in determining if this fund aligns with your long-term financial goals.
Excerpt from Univest
Updated: 5 Sept 2026 • 4:35 pm ICICI Pru Nifty Next 50 Index Fund Direct Growth Plan is at ₹67.8462 as of 04 Sep 2026, with scheme AUM of ₹9,934 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. Our view is that this is a fit for investors who want…Read the original at Univest
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