ICICI Prudential BHARAT 22 FOF Direct - Growth

Q: What are the returns of this mutual fund scheme?

The ICICI Prudential BHARAT 22 FOF Direct - Growth is a 7 yrs 7 m old fund and has delivered average annual returns of 18.01% since inception. ICICI Prudential BHARAT 22 FOF Direct - Growth Returns 1-Year 3-Year 5-Year Since Inception 17.33% 26.9% 27.04% 18.01%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹34.6692-1.7% 1 day change	18.01% p.a.	App exclusive #NA View Ranked Funds	₹2,500 Cr

Historical NAV & returns

NAV: ₹34.6692 as on Feb 02, 2026

This fund Category average

ICICI Prudential BHARAT 22 FOF Scheme overview

Expense ratio	0.12% as on Jan 30, 2026
Exit load	0%
AUM (Fund size)	₹2,500 Cr
Lock-in Period	Nil
Age	7 yrs 7 m since Jun 19, 2018
Benchmark	BSE Bharat 22 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

ICICI Prudential BHARAT 22 FOF Scheme Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-0.53%	-5.73%
3 Months	1.54%	-6.14%
6 Months	10.18%	-3.29%
1 Year	17.33%	1.28%
2 Years	9.06%	1.44%
3 Years	26.9%	10.74%
4 Years	24.77%	8.24%
5 Years	27.04%	7.97%
7 Years	19.08%	6.64%

View returns in detail

Asset allocationas on Dec 31, 2025

Large Cap 88.49%

Mid Cap 10.29%

Small Cap 1.11%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Mutual Fund 99.98953318%

Repo 0.18375025%

Other Holdings

BHARAT 22 ETF - Growth 99.99%

Others 0.18%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
ICICI Prudential BHARAT 22 FOF Scheme	-0.53%	10.18%	17.33%	26.9%	27.04%	N.A.
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund	-2.76%	3.32%	6.3%	20.03%	13.68%	7.65%
Motilal Oswal Nifty Bank Index Fund	-2.4%	5.53%	19.79%	12.84%	11.51%	7.91%
SBI BSE PSU Bank Index Fund	-2.18%	24.44%	36.96%	11.05%	6.49%	3.2%
ICICI Prudential Nifty Auto Index Fund	-7.43%	12.25%	15.13%	26.23%	16.33%	7.86%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ICICI Prudential BHARAT 22 FOF Scheme	16.57	1.13	1.21	1.89
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund	12.35	0.68	1.03	1.92
Motilal Oswal Nifty Bank Index Fund	12.12	1.0	0.66	1.3
SBI BSE PSU Bank Index Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Nifty Auto Index Fund	17.41	0.99	1.09	1.3

Fund name	ETM Rank	AUM	Fund age	Expense ratio
ICICI Prudential BHARAT 22 FOF Scheme	N.A.	2,500 Cr	7 yrs 7 m	0.12%
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund	N.A.	171 Cr	5 yrs 3 m	0.52%
Motilal Oswal Nifty Bank Index Fund	N.A.	667 Cr	6 yrs 5 m	0.24%
SBI BSE PSU Bank Index Fund	N.A.	162 Cr	10 m	0.27%
ICICI Prudential Nifty Auto Index Fund	N.A.	194 Cr	3 yrs 4 m	0.4%

View all Other Equity Index funds

Key risk & return ratios Compared to other funds in the category

Alpha	9.86 vs. 2.05 Higher outperformance against benchmark
Sharpe	1.21 vs. 2.08 Poor risk-adjusted returns
Beta	1.13 vs. 0.35 More sensitive to market's ups & downs
Standard deviation	16.57 vs. 4.93 More volatile performance

About this fund

About ICICI Prudential BHARAT 22 FOF Scheme

ICICI Prudential BHARAT 22 FOF Direct - Growth is a Other Equity Index mutual fund scheme from Icici Prudential Mutual Fund. This fund has been in existence for 7 yrs 7 m, having been launched on 19/06/2018. ICICI Prudential BHARAT 22 FOF Direct - Growth has ₹2,500 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of ICICI Prudential BHARAT 22 FOF Direct - Growth as of 02/02/2026 is ₹34.67. The fund has an expense ratio of 0.12%, which is less than what most other Other Equity Index funds charge.

ICICI Prudential BHARAT 22 FOF Direct - Growth returns of last 1-year are 12.94%. Since launch, it has delivered 17.77% average annual returns. The fund has doubled the money invested in it every 3 yrs.
ICICI Prudential BHARAT 22 FOF Direct - Growth scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is above average.
The fund has the majority of its money invested in Unclassified sectors. It has taken less exposure in Unclassified sectors compared to other funds in the category.
The fund's top 5 holdings are in BHARAT 22 ETF - Growth.

...

Fund AUM	2,500 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Nishit Patel

Mr. Patel is a B.Com & Chartered Accountant Prior to joining ICICI Prudential Mutual fund, he has worked with K.K.Dand & Co.

Ajay Kumar Solanki

Mr. Solanki has done B.Com, CA and CFA Level-III Prior to joining ICICI Prudential Mutual Fund, he has worked with GPS & Associates

Ashwini Jemin Bharucha

B.Com , M.Com , Inter CA Prior to Joining the ICICI Pru Mutual Fund he has worked with ICICI Pru AMC Treasury Mutual Fund Operations,

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

Investment objective

The scheme seeks to generate returns by investing in units of BHARAT 22 ETF.

ICICI Prudential Mutual Fund details

No. of schemes	104 view all schemes
Total AUM	11,30,333 Cr as on Dec 31, 2025
Address	One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai, 400051

More funds from ICICI Prudential Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
ICICI Prudential Infrastructure Fund	N.A.	8,134 Cr	10.28%	28.3%
ICICI Prudential Commodities Fund	N.A.	3,409 Cr	23.21%	26.31%
ICICI Prudential India Opportunities Fund	N.A.	34,779 Cr	12.89%	25.84%
ICICI Prudential Dividend Yield Equity Fund	N.A.	6,400 Cr	11.74%	24.78%
ICICI Prudential Manufacturing Fund	N.A.	6,549 Cr	12.31%	23.08%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of ICICI Prudential BHARAT 22 FOF Direct - Growth?

The current Net Asset Value (NAV) of the ICICI Prudential BHARAT 22 FOF Scheme - Direct Growth plan is approximately ₹34.6692 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The ICICI Prudential BHARAT 22 FOF Direct - Growth is a 7 yrs 7 m old fund and has delivered average annual returns of 18.01% since inception.

ICICI Prudential BHARAT 22 FOF Direct - Growth Returns

1-Year	3-Year	5-Year	Since Inception
17.33%	26.9%	27.04%	18.01%

How much does this mutual fund charge as expense ratio?

The ICICI Prudential BHARAT 22 FOF Scheme - Direct Growth has an expense ratio of 0.12%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The ICICI Prudential BHARAT 22 FOF Scheme currently has assets under management (AUM) or fund size valued at approximately 2,500 Cr as on Dec 31, 2025.

What is risk level of ICICI Prudential BHARAT 22 FOF Scheme?

This is a Other Equity Index fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in ICICI Prudential BHARAT 22 FOF Direct - Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for ICICI Prudential BHARAT 22 FOF Scheme - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the ICICI Prudential BHARAT 22 FOF Scheme is complete.

How can I redeem my investments in ICICI Prudential BHARAT 22 FOF Scheme?

Redeeming your investments in the ICICI Prudential BHARAT 22 FOF Scheme is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Other Equity Index

#NA

Chance: This fund has generated a 22.96% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Age: This is the oldest Other Equity Index fund.
Expense Ratio: This fund has the 3rd lowest expense ratio amongst actively/passively managed Other Equity Index funds.
Exit Load: This fund has no exit load.