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Mutual Funds

ICICI Prudential Nifty Bank Index Fund

IC

ICICI Prudential Nifty Bank Index Fund

Sectoral-BankingRank #56
2/5

NAV (2026-07-14)

16.11

AUM

₹764.97 Cr

Exp. Ratio: 0.82%

RISK LEVEL

Very High

Returns & Performance

1 Year1.18%3.22% vs cat avgRank #44
3 Year8.56%3.45% vs cat avgRank #30
5 Year----
Since Launch11.53%--

Fund vs Category Average

1Y
1.18%-3.22%
3Y
8.56%-3.45%

Pros & Cons

Pros

No lock-in period

Cons

1Y returns trail category average
3Y returns below category average
1Y category rank outside top 15 (#44)
Overall rank #56 in category
ISININF109KC1Z89
NAV₹16.11
NAV Date2026-07-14
AUM₹764.97 Cr
Expense Ratio0.82%
RiskVery High
Rating2 / 5
Min SIP Amount₹1000
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1993-10-12

INVESTMENT OBJECTIVE

The scheme seeks 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.

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.

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

Top Holdings

Holdings data not available for this scheme