Q: What are the returns of ICICI Prudential Nifty Bank Index Fund?

The ICICI Prudential Nifty Bank Index Fund is a 3 yrs 5 m old fund and has delivered average annual returns of 15.96% since inception. ICICI Prudential Nifty Bank Index Fund Returns 1-Year 3-Year Since Inception 9.43% 16.25% 15.96%

Question 1

What is the current NAV of ICICI Prudential Nifty Bank Index Fund?

Accepted Answer

The current Net Asset Value (NAV) of the ICICI Prudential Nifty Bank Index Fund - Direct Growth plan is approximately ₹16.3367 as of Jul 21, 2025.

Question 2

What are the returns of ICICI Prudential Nifty Bank Index Fund?

Accepted Answer

The ICICI Prudential Nifty Bank Index Fund is a 3 yrs 5 m old fund and has delivered average annual returns of 15.96% since inception.

ICICI Prudential Nifty Bank Index Fund Returns

1-Year	3-Year	Since Inception
9.43%	16.25%	15.96%

Question 3

How much does ICICI Prudential Nifty Bank Index Fund charge as the expense ratio?

Accepted Answer

The ICICI Prudential Nifty Bank Index Fund - Direct Growth has an expense ratio of 0.15%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

Question 4

What is the AUM or size of ICICI Prudential Nifty Bank Index Fund?

Accepted Answer

The ICICI Prudential Nifty Bank Index Fund currently has assets under management (AUM) or fund size valued at approximately ₹596 Crs crore as of Jun 30, 2025.

Question 5

What are the top stock holdings of ICICI Prudential Nifty Bank Index Fund?

Accepted Answer

The ICICI Prudential Nifty Bank Index Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	27.81%
ICICI Bank Ltd.	25.17%
Axis Bank Ltd.	8.4%
State Bank of India	8.29%
Kotak Mahindra Bank Ltd.	7.54%
Indusind Bank Ltd.	4.01%
The Federal Bank Ltd.	3.69%
Bank Of Baroda	3.44%
IDFC First Bank Ltd.	3.14%
AU Small Finance Bank Ltd.	2.9%

Question 6

What are the top sectors ICICI Prudential Nifty Bank Index Fund has invested in?

Accepted Answer

The ICICI Prudential Nifty Bank Index Fund has primarily invested in the following sectors

Company	Percentage of Portfolio
HDFC Bank Ltd.	27.81%
ICICI Bank Ltd.	25.17%
Axis Bank Ltd.	8.4%
State Bank of India	8.29%
Kotak Mahindra Bank Ltd.	7.54%
Indusind Bank Ltd.	4.01%
The Federal Bank Ltd.	3.69%
Bank Of Baroda	3.44%
IDFC First Bank Ltd.	3.14%
AU Small Finance Bank Ltd.	2.9%

Question 7

What is the risk level of ICICI Prudential Nifty Bank Index Fund?

Accepted Answer

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

Question 8

Is there any lock-in period in ICICI Prudential Nifty Bank Index Fund?

Accepted Answer

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

Question 9

How do I invest in ICICI Prudential Nifty Bank Index Fund?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

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 Nifty Bank Index Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in ICICI Prudential Nifty Bank Index Fund is complete.

Question 10

How can I redeem my investments in ICICI Prudential Nifty Bank Index Fund?

Accepted Answer

Redeeming your investments in ICICI Prudential Nifty Bank Index Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in ICICI Prudential Nifty Bank Index Fund from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.15% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹596 Cr
Lock-in Period	Nil
Age	3 yrs 5 m since Feb 10, 2022
Benchmark	NIFTY Bank 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%

Period	This fund	Category average
1 Month	-0.12%	-0.44%
3 Months	2.81%	7.9%
6 Months	17.33%	10.6%
1 Year	9.43%	3.08%
2 Years	11.95%	19.31%
3 Years	16.25%	19.91%

Fund name	ETM Rank	AUM	Fund age	Expense ratio
ICICI Prudential Nifty Bank Index Fund	N.A.	596 Cr	3 yrs 5 m	0.15%
ICICI Prudential BHARAT 22 FOF	N.A.	2,271 Cr	7 yrs 1 m	0.12%
Motilal Oswal Nifty Bank Index Fund	N.A.	642 Cr	5 yrs 11 m	0.26%
Tata Nifty Capital Markets Index Fund	N.A.	237 Cr	9 m	0.52%
Kotak Nifty Financial Services Ex-Bank Index Fund	N.A.	55 Cr	2 yrs	0.22%
ICICI Prudential Nifty Auto Index Fund	N.A.	137 Cr	2 yrs 10 m	0.4%

Fund name	1M	6M	1Y	3Y	5Y	10Y
ICICI Prudential Nifty Bank Index Fund	-0.12%	17.33%	9.43%	16.25%	N.A.	N.A.
ICICI Prudential BHARAT 22 FOF	-1.15%	5.4%	-5.96%	30.05%	32.46%	12.5%
Motilal Oswal Nifty Bank Index Fund	-0.13%	17.31%	9.51%	16.41%	20.33%	7.58%
Tata Nifty Capital Markets Index Fund	0.14%	27.67%	28.04%	8.59%	5.07%	2.5%
Kotak Nifty Financial Services Ex-Bank Index Fund	-1.82%	22.02%	21.29%	16.31%	9.49%	4.64%
ICICI Prudential Nifty Auto Index Fund	0.58%	8.22%	-4.35%	24.12%	13.84%	6.7%

Fund name	Std. deviation	Beta	Sharpe	Sortino
ICICI Prudential Nifty Bank Index Fund	14.31	0.99	0.92	1.81
ICICI Prudential BHARAT 22 FOF	17.2	1.09	1.43	2.29
Motilal Oswal Nifty Bank Index Fund	14.33	0.99	0.93	1.83
Tata Nifty Capital Markets Index Fund	N.A.	N.A.	N.A.	N.A.
Kotak Nifty Financial Services Ex-Bank Index Fund	N.A.	N.A.	N.A.	N.A.
ICICI Prudential Nifty Auto Index Fund	N.A.	N.A.	N.A.	N.A.

ICICI Prudential Nifty Bank Index Fund Direct - Growth

Historical NAV & returns

ICICI Prudential Nifty Bank Index Fund overview

ICICI Prudential Nifty Bank Index Fund Returns calculator

Trailing returns as on Jun 01, 2025

Asset allocationas on Apr 30, 2025

Peer comparison

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

Compare ICICI Prudential Nifty Bank Index Fund in detail with

About this fund

About ICICI Prudential Nifty Bank Index Fund

Fund managers

Investment objective

ICICI Prudential Mutual Fund details

More funds from ICICI Prudential Mutual Fund

Frequently asked questions

ICICI Prudential Nifty Bank Index Fund Returns

ET Money rank

Alpha	0.6 vs. 2.28 Underperformed at beating benchmark
Sharpe	0.92 vs. 2.43 Poor risk-adjusted returns
Beta	0.99 vs. 0.34 More sensitive to market's ups & downs
Standard deviation	14.31 vs. 4.54 More volatile performance

Fund AUM	596 Cr as on Apr 30, 2025
Scheme document	View Scheme Document

No. of schemes	97 view all schemes
Total AUM	9,83,726 Cr as on Jun 30, 2025
Address	One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai, 400051

Fund name	ETM Rank	AUM	1Y	5Y
ICICI Prudential Infrastructure Fund	N.A.	7,416 Cr	4.66%	37.93%
ICICI Prudential Commodities Fund	N.A.	2,620 Cr	3.95%	36.21%
ICICI Prudential Smallcap Fund	N.A.	7,605 Cr	2.69%	33.56%
ICICI Prudential India Opportunities Fund	N.A.	27,197 Cr	8.69%	32.76%
ICICI Prudential BHARAT 22 FOF Scheme	N.A.	2,271 Cr	-5.96%	32.46%
ICICI Prudential Dividend Yield Equity Fund	N.A.	5,231 Cr	4.94%	30.93%