ICICI Prudential Nifty Bank Index Fund Direct Growth

Other
Index
Very High Risk
1M
6M
All
NAV: 27 Jan 2023₹11.41
Min. SIP amount₹1,000
RatingNA
Fund size₹105.42Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Other Index
Absolute returns
1M3M6MAll
Fund returns0.4%14.7%29.8%22.2%
Category averageNANANANA
Rank with in categoryNA97NA
Understand terms

Holdings (12)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity27.4%
ICICI Bank Ltd.FinancialEquity23.7%
State Bank of IndiaFinancialEquity10.3%
Kotak Mahindra Bank Ltd.FinancialEquity10.1%
Axis Bank Ltd.FinancialEquity10.1%
Indusind Bank Ltd.FinancialEquity6.3%
Bank Of BarodaFinancialEquity2.7%
AU Small Finance Bank Ltd.FinancialEquity2.5%
The Federal Bank Ltd.FinancialEquity2.3%
IDFC First Bank Ltd.FinancialEquity1.4%
See All

Expense ratio, exit load and tax

Expense ratio: 0.20%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹1,000

Fund management

Kayzad Eghlim
Feb 2022 - Present
View details

Education
Mr. Eghlim is a B.Com (H) and M Com.
Experience
Prior to joining ICICI Prudential AMC he has worked with IDFC Investment Advisors Ltd., Prime Securities and Canara Robeco Mutual Fund.
Also manages these schemes

Nishit Patel
Feb 2022 - Present
View details

Education
Mr. Patel is a B.Com & Chartered Accountant
Experience
ICICI Prudential Asset Management Company Limited - ETF Business - November 2018 - January 2020.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
022-26525000 / 1800-222-999 / 1800-200-6666
Launch Date
12 Oct 1993
Website
NA
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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