ICICI Prudential Nifty Bank Index Fund - Growth
ICICI Prudential Asset Management Co Ltd
₹15.49 (+1.36%)
NAV as of 9 Oct 2026
Minimum Investment: ₹1,000
Return
-1.84% Returns for 1Y
Expense ratio & Others
- Net expense ratio
- 0.76%
- Exit load
- 0%
- Lock-in
- No
- Minimum investment
- ₹1,000
- Category
- Index Funds
Expense ratio is inclusive of GST. Returns may be taxed based on the fund type and your holding period — please read the scheme-related documents and consult a tax advisor. Figures are historical and do not guarantee future results.
Fund Returns Estimator
One-time investment
₹1,000
6 months
₹1,010
Invested ₹1,000
▲+1.04%1 year
₹982
Invested ₹1,000
▼-1.84%3 years
₹1,079
Invested ₹1,000
▲+7.93%
Based on the fund’s historic trailing returns — a planning illustration, not a guarantee of future results.
Invest One-TimePlan it your way
The figures above are fixed to this fund’s past returns over set periods. Use a calculator to set your own amount, tenure and expected rate of return.
Risk level
Riskometer scale
- Low
- Low to Moderate
- Moderate
- Moderate to High
- High
- Very HighThis fund
Riskometer level assigned by the fund house as per SEBI norms. It can change as the scheme’s portfolio changes.
Fund benchmark
| Primary Index Name | — |
|---|---|
| Secondary Index Name | — |
| Index Name | Nifty Bank TR INR |
| Weighting | 100% |
Returns
| 1Y | 3Y | 5Y | 10Y | |
|---|---|---|---|---|
| Fund returns (%) | -1.84% | +7.93% | — | — |
| Cumulative returns (%) | -1.84% | +25.74% | — | — |
Fund Manager
| Manager | Venus Ahuja |
|---|---|
| Role | Manager |
| Manager Tenure | 0.91 yrs |
About Fund
| Date of Incorporation | 2 Mar 2022 |
|---|---|
| Fund House | ICICI Prudential Asset Management Co Ltd |
| Custodian | SBI-SG Global Securities Services Private Limited |
| Registrar / Transfer Agent | ICICI Prudential Asset Management Co Ltd |
| Address | “B Wing”, “Jeevan Seva” Annexe Bldg.,Ground Floor, S.V. Road,Santacruz (W),,Mumbai – 400054 |
Top Holdings
| Company | Weightage (%) |
|---|---|
| HDFC Bank Ltd | 17.01% |
| ICICI Bank Ltd | 14.84% |
| State Bank of India | 10.26% |
| Kotak Mahindra Bank Ltd | 9.87% |
| Kotak Mahindra Bank Ltd | 9.22% |
| Axis Bank Ltd | 9.19% |
| The Federal Bank Ltd | 7.14% |
| IndusInd Bank Ltd | 5.44% |
| AU Small Finance Bank Ltd | 4.82% |
| IDFC First Bank Ltd | 4.67% |
| Canara Bank | 4.04% |
| Bank of Baroda | 3.47% |
Investment Strategy
The objective of the Scheme is to invest in companies whose securities are included in Nifty Bank Index and subject to tracking errors, to endeavor to achieve the returns of the above index. This would be done by investing in all the stocks comprising the Nifty Bank Index in the same weightage that they represent in Nifty Bank Index. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.
Long term wealth creation solution
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. The data shown is for information only and does not constitute investment advice.