← ICICI Prudential Mutual Fund
ICICI Prudential Nifty Bank Index Fund - Direct Plan Growth
Open Ended Schemes(Other Scheme - Index Funds)Very High Riskvs Nifty Bank IndexISIN INF109KC11A4
NAV · 06-Jul-2026
₹16.8117
1M
+7.20%
6M
-3.35%
1Y (CAGR)
+2.61%
3Y (CAGR)
+9.13%
5Y (CAGR)
—
Since inception (CAGR)
+12.89%
NAV history
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Risk & SIP analytics
Q2 · 3Y in categoryVolatility (3y)
15.91%
Downside dev (3y)
12.13%
Max drawdown (3y)
-18.3%
Sharpe (3y)
0.17
SIP XIRR (3y)
+8.87%
Calendar-year returns
2023 +12.9%2024 +6.0%2025 +17.8%
Vs benchmark — Nifty Bank
3y monthly · 36 months of overlapBeta
1.00
Alpha (p.a.)
+0.54%
Up capture
100.6%
Down capture
98.2%
Correlation
1.00
Fund facts
Fund managerNishit Patel · Ajaykumar Solanki · Ashwini Bharucha · Venus Ahuja
AUM₹7,140 Cr
Expense ratio0.13% · 2026-05-31
TER · AMFI officialDirect 0.23% · Regular 0.83% (2026-06-30)
Launch date10-Feb-2022
Plan typeOpen Ended · Others
Min lumpsum₹1,000
Min SIP₹1,000
Lock-inNone
Volatility16.34
AMCICICI Prudential Asset Management Company Limited
Objective · The objective of the Scheme is 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. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.
scheme documents ↗