The ICICI Prudential Nifty Next 50 ETF (Ticker: IN:NEXT50IETF) is a dynamic investment vehicle tailored for those seeking exposure to India's promising large-cap segment. This exchange-traded fund is meticulously designed to track the performance of the Nifty Next 50 Index, which comprises the 50 largest companies by market capitalization listed on the National Stock Exchange of India, excluding the Nifty 50 constituents. By focusing on this unique category, the ETF taps into a diverse array of industries, offering investors a broad-based approach within the large-cap niche.
This ETF is particularly attractive for investors aiming to capture growth potential in companies that are on the cusp of entering the flagship Nifty 50 Index. As a Size and Style ETF, it emphasizes the burgeoning large-cap stocks that are poised for significant market impact, balancing between steady performers and emerging leaders. By investing in the ICICI Prudential Nifty Next 50 ETF, investors gain access to a diversified portfolio that spans across various sectors, including consumer goods, pharmaceuticals, and financial services, among others.
The fund's strategic focus on the Nifty Next 50 Index ensures that it not only provides stability and growth potential but also allows investors to diversify their portfolios with a single, streamlined investment. Its comprehensive approach makes it an excellent choice for those looking to capitalize on the growth trajectory of India's next market leaders, offering a compelling blend of risk and reward within the large-cap segment.
ICICI Prudential Nifty Next 50 ETF (NEXT50IETF) Fund Flow Chart
ICICI Prudential Nifty Next 50 ETF (NEXT50IETF) 1 year Net Flows: 0
NEXT50IETF ETF FAQ
What was IN:NEXT50IETF’s price range in the past 12 months?
IN:NEXT50IETF lowest ETF price was 58.70 and its highest was 81.14 in the past 12 months.
What is the AUM of IN:NEXT50IETF?
Currently, no data Available
Is IN:NEXT50IETF overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does IN:NEXT50IETF pay dividends?
IN:NEXT50IETF does not currently pay dividends.
How many shares outstanding does IN:NEXT50IETF have?
Currently, no data Available
Which hedge fund is a major shareholder of IN:NEXT50IETF?
Currently, no hedge funds are holding shares in IN:NEXT50IETF