The Scheme is seeks to invest in companies whose securities are included in Nifty50 Equal Weight Index and subject to tracking errors, to endeavor to achieve the returns of the above index.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Venus Ahuja
Chartered Accountant and B.Com
Mr. Venus Ahuja, who was previously part of the Investment Monitoring Team at ICICI AMC, has now been appointed as a Fund Manager and Dealer in the Investments Department of ICICI AMC
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of ICICI Prudential Nifty50 Equal Weight Index Fund is ₹16.89 as of 2026-08-28.
ICICI Prudential Nifty50 Equal Weight Index Fund is classified as a Large Cap fund.
The Assets Under Management (AUM) of ICICI Prudential Nifty50 Equal Weight Index Fund is ₹265.91 Cr.
The expense ratio of ICICI Prudential Nifty50 Equal Weight Index Fund is 1.12%.
ICICI Prudential Nifty50 Equal Weight Index Fund is managed by Venus Ahuja.
The minimum SIP investment for ICICI Prudential Nifty50 Equal Weight Index Fund is ₹100.
As per the SEBI Riskometer, ICICI Prudential Nifty50 Equal Weight Index Fund carries a Very High risk level.
ICICI Prudential Nifty50 Equal Weight Index Fund has delivered 6.17% (1Y), 13.21% (3Y) and 0% (5Y) annualised returns as of 2026-08-28.
ICICI Prudential Nifty50 Equal Weight Index Fund was launched on 1993-10-12.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
