Should I invest in ICICI Prudential Nifty Next 50 Index Fund?

We don't give personal investment advice. ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 26.7%. 5-year CAGR: 13.44%.

ICICI Prudential

ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth

Latest NAV

₹66.7057

As of

17 Jul 2026

3,331 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.07%	+0.21%	-0.28	263 / 353	Q3
1W	-0.75%	-0.05%	-0.70	292 / 353	Q4
2W	-0.57%	+0.24%	-0.81	311 / 353	Q4
1M	-0.64%	+0.78%	-1.42	313 / 353	Q4
3M	+2.20%	+2.20%	+0.00	141 / 350	Q2
6M	+4.53%	+1.36%	+3.17	73 / 336	Q1
YTD	+3.30%	+0.54%	+2.76	89 / 333	Q2
1Y	+5.05%	+2.69%	+2.35	135 / 318	Q2
2Y	-1.14%	+3.33%	-4.46	184 / 213	Q4
3Y	+17.90%	+10.79%	+7.11	35 / 172	Q1
4Y	+16.45%	+13.23%	+3.22	22 / 84	Q2
5Y	+13.44%	+11.39%	+2.05	13 / 39	Q2
7Y	+15.53%	+12.92%	+2.61	4 / 19	Q1
10Y	+13.33%	+11.97%	+1.35	1 / 14	Q1
Inception	+14.21%	+7.52%	+6.70	51 / 353	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+3.30%	+0.51%	+2.78	87 / 331
2025	+2.08%	+6.05%	-3.97	204 / 260
2024	+27.37%	+14.12%	+13.26	17 / 180
2023	+26.78%	+21.09%	+5.69	40 / 130
2022	+0.51%	+1.94%	-1.42	42 / 51
2021	+29.08%	+26.80%	+2.28	6 / 25
2020	+14.79%	+15.71%	-0.92	20 / 22
2019	+1.29%	+11.04%	-9.75	17 / 17
2018	-8.20%	+4.02%	-12.22	15 / 15
2017	+44.66%	+29.36%	+15.29	1 / 14
2016	+7.14%	+3.41%	+3.73	1 / 14

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+17.77%

153 windows

min -24.7% · max 69.9%

77% positive

3-Year rolling

+15.31%

129 windows

min -4.8% · max 29.6%

94% positive

5-Year rolling

+14.14%

105 windows

min 2.2% · max 27.1%

100% positive

7-Year rolling

+13.17%

80 windows

min 9.4% · max 17.0%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

17.48%

3-year · annualised

Sharpe ratio

0.66

vs risk-free 6.5%

Sortino ratio

1.11

Downside-only deviation

Max drawdown

-26.68%

Sep 2024 → Feb 2025

% positive months

58.3%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Index Fund

Scheme	Fund house	NAV	As of
HDFC NIFTY Midcap 150 Index Fund - Growth Option - Direct Plan	HDFC	₹19.6137	17 Jul 2026
Nippon India Nifty Midcap 150 Index Fund - Direct Plan - Growth Option	Nippon India	₹26.5876	17 Jul 2026
SBI Nifty Midcap 150 Index Fund - Direct Plan - Growth	SBI	₹20.0123	17 Jul 2026
ICICI Prudential Nifty Midcap 150 Index Fund - Direct Plan - Growth	ICICI Prudential	₹20.5391	17 Jul 2026
Bandhan Nifty Midcap 150 Index Fund-Direct Plan-Growth	Bandhan	₹10.4569	17 Jul 2026
Aditya Birla Sun Life Nifty Midcap 150 Index Fund-Direct Growth	Aditya Birla Sun Life	₹25.9706	17 Jul 2026
Motilal Oswal Nifty Next 50 Index Fund - Direct plan - Growth	Motilal Oswal	₹25.7767	17 Jul 2026
KOTAK NIFTY MIDCAP 150 INDEX FUND-DIRECT PLAN-GROWTH	Kotak	₹11.8040	17 Jul 2026
Edelweiss Nifty Next 50 Index Fund - Direct Plan - Growth	Edelweiss	₹16.7429	17 Jul 2026
DSP Nifty Midcap 150 Index Fund - Direct - Growth	DSP	₹10.4877	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹66.7057
16 Jul 2026	₹66.7500
15 Jul 2026	₹66.9857
14 Jul 2026	₹66.7106
13 Jul 2026	₹66.9488
10 Jul 2026	₹67.2095
9 Jul 2026	₹66.3700
8 Jul 2026	₹65.8264
7 Jul 2026	₹67.0704
6 Jul 2026	₹67.4764

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth is ₹66.7057. It's a Index Fund from ICICI Prudential, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth has NAV history starting from 02 Jan 2013, a track record of about 13 years 6 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth is managed by ICICI Prudential. It's classified by AMFI under the 'Index Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth has delivered a absolute return of 5.05% — +2.35 pp ahead of the Index Fund category average of 2.69%. The fund ranks #135 of 318 in its category — the second (Q2) quartile.

Over the trailing 3-year window, ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth has delivered a CAGR of 17.90% — +7.11 pp ahead of the Index Fund category average of 10.79%. The fund ranks #35 of 172 in its category — the top (Q1) quartile.

Over the trailing 5-year window, ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth has delivered a CAGR of 13.44% — +2.05 pp ahead of the Index Fund category average of 11.39%. The fund ranks #13 of 39 in its category — the second (Q2) quartile.

₹1 lakh invested in ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth exactly 10 years ago would be worth approximately ₹349,384 today — a multiplier of 3.49×, based on the 10-year CAGR of 13.33%. The category average over the same window would have grown ₹1 lakh to ₹309,845.

A ₹10,000 monthly SIP in ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹840,801 today. That's an XIRR (money-weighted annualised return) of 13.46%.

A ₹10,000 monthly SIP for 10 years in ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth = ₹1,200,000 invested. It would currently be worth ₹2,462,681 (multiplier 2.05×). XIRR: 13.77%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth ranks #13 out of 39 funds in the Index Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 11.39%; this fund delivered 13.44%.

The worst peak-to-trough decline ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth has experienced over the last 5-year window is 26.68% — its NAV fell from a high on 27 Sep 2024 to a low on 28 Feb 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth averaged 14.14% (best 27.10%, worst 2.17%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.42 — weak risk-adjusted performance.

In calendar year 2025, ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth returned 2.08% — lagging the Index Fund category average of 6.05% by 3.97 pp. It ranked #204 of 260 in its category that year.

ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. ICICI Prudential Nifty Next 50 Index Fund - Direct Plan - Growth is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 26.7%. 5-year CAGR: 13.44%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.