ICICI Prudential Nifty Bank Index Fund Direct Growth

Equity
Sectoral
Very High Risk
+13.35%
3Y annualised
+0.31% 1D
1M
6M
1Y
3Y
All
NAV: 09 Oct 2025
₹16.16
Rating
2
Min. SIP amount
₹1,000
Fund size
₹614.91Cr

Return calculator

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

Holdings (12)

NameSectorInstrumentAssets
FinancialEquity28.48%
FinancialEquity24.37%
FinancialEquity9.17%
FinancialEquity8.96%
FinancialEquity8.78%
FinancialEquity3.14%
FinancialEquity3.10%
FinancialEquity3.08%
FinancialEquity2.99%
FinancialEquity2.71%
FinancialEquity2.67%
FinancialEquity2.52%
See All

Minimum investment amounts

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

Returns and rankings

Category: Equity Sectoral
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA10.8%13.3%14.2%
Category averageNA10.3%16.4%NA
Rank with in categoryNA1817NA
Understand terms

Expense ratio, exit load and tax

Expense ratio: 0.15%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Fund management

Nishit Patel
Feb 2022 - Present
View details

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

Ashwini Shinde
Dec 2024 - Present
View details

Education
B.Com , M.Com , Inter CA
Experience
Prior to Joining the ICICI Pru Mutual Fund he has worked with ICICI Pru AMC Treasury Mutual Fund Operations,
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
NA
Launch Date
12 Oct 1993
E-mail
NA
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Pros and cons

Category: Equity Sectoral

Pros

Exit load is zero
Lower expense ratio: 0.15%
1Y annualised returns higher than category average by 0.5%

Cons

3Y annualised returns lower than category average by 3.05%
Low rating: 2

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