InvestorQ : What are the Nifty Next 50 indexes and good for investments?
riya Ranade made post

What are the Nifty Next 50 indexes and good for investments?

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IIFL Expert answered.
5 months ago
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Nifty Next 50 Index constitutes companies ranked from 51st to 100th by market capitalization. Thus it is an index of large-cap companies. There are very few asset management companies offering Nifty Next 50 based mutual fund schemes. Based on our internal assessment, the below schemes from the Nifty Next 50 based category can be considered for long-term investment.

However, it is very important for the investor to undergo a comprehensive risk profiling exercise and invest according to his risk appetite, investment horizon and long-term realistic financial goals of life as the risk grade of both the schemes is "Very High".

Scheme Name
AUM(RsCr)
CAGR Return(%)
3 Year5 Year10 Years
ICICI Prudential Nifty Next 50 Index Fund(G)1,30412.112.813.1
UTI Nifty Next 50 Index Fund(G)1,09712.4----
AUM as of June 2021. Returns as on July 27, 2021
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