ICICI Prudential Nifty Bank Index Fund
NAV
₹16.69
as of 21 Aug 2026
ICICI Prudential Nifty Bank Index Fund is an open-ended Index Funds scheme from ICICI Prudential Mutual Fund managing ₹779 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹16.69 as of 21 Aug 2026. The expense ratio is 0.13% a year. Managed by Nishit Patel. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.13% / yr
- as of 30 Jun 2026
- Fund size
- ₹779 crore
- as of 31 Jul 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 2 Mar 2022
- ISIN
- INF109KC11A4
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: Nifty Bank TRI
ICICI Prudential Nifty Bank Index Fund
₹166
+66% on ₹100 over 4.5 yrs
Index Funds average
₹139
+39% on ₹100 over 4.5 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 6.81% | 6.79% | +0.02 |
| 6 months | -5.65% | -5.68% | +0.03 |
| 1 year | 3.68% | 3.63% | +0.05 |
| 3 years (CAGR) | 9.89% | 9.89% | 0.00 |
Category average across 8 funds, as of 21 Aug 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -3.5%
- Median
- 13.9%
- Best
- 35.1%
42 windows over the last 53 months, stepped monthly; 98% ended positive. Worst window began 2 Jun 2025. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 7.5%
- Median
- 12.0%
- Best
- 20.2%
18 windows over the last 53 months, stepped monthly; 100% ended positive. Worst window began 1 Jun 2023. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.20
- Sortino ratio (3Y)
- 0.27
- Standard deviation (3Y)
- 16.71%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-16.9%
Right now
-6.1% below peak
Where the money actually is
Equity
99.8%
Cash
0.2%
Whole-portfolio split, as of 31 Jul 2026. The size split below covers only the equity slice of this.
What it owns
16 positions · top 10 = 86.9%
Market-cap mix (equity sleeve)
Large 74.3%Mid 25.5%Other 0.2%
as of 31 Jul 2026
Holdings by sector
Financial Services(10 in top 10)99.8%
- HDFC Bank Ltd18.17%
- ICICI Bank Ltd14.83%
- State Bank of India10.07%
- Kotak Mahindra Bank Ltd9.30%
- Axis Bank Ltd8.80%
- The Federal Bank Ltd7.27%
- IndusInd Bank Ltd5.48%
- AU Small Finance Bank Ltd4.70%
- IDFC First Bank Ltd4.66%
- Bank of Baroda3.57%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 30.4% vs category 35.3% a year.
Money in, money out
- Net flow, 12 months
- +₹134 cr
- Net flow, 3 months
- +₹28 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of ICICI Prudential Nifty Bank Index Fund?
- ₹16.69 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of ICICI Prudential Nifty Bank Index Fund?
- 0.13% a year for the Direct plan, as of 30 Jun 2026.
- How large is ICICI Prudential Nifty Bank Index Fund?
- ₹779 crore under management as of 31 Jul 2026, in the Index Funds category.
- How risky is ICICI Prudential Nifty Bank Index Fund?
- Its SEBI Riskometer reading is "Very High Risk". Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
- What is the worst 3-year return of ICICI Prudential Nifty Bank Index Fund?
- 7.5% a year — the weakest of 18 overlapping 3-year holding periods, beginning 1 Jun 2023. The median was 12.0% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages ICICI Prudential Nifty Bank Index Fund?
- Nishit Patel, managing this fund for 4.4 years.
Where this fund sits
Its shelf, all funds
Ix · Index funds & ETFs →
Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Index Funds funds
- UTI Nifty 50 Index Fund₹29,603 crore
- HDFC Nifty 50 Index Fund₹24,190 crore
- ICICI Prudential Nifty 50 Index Fund₹17,353 crore
- ICICI Prudential Nifty Next 50 Index Fund₹9,935 crore
- SBI CRISIL-IBX Financial Services 3-6 Months Debt Index Fund₹790 crore
- SBI Nifty 500 Index Fund₹783 crore
- ICICI Prudential Nifty Smallcap 250 Index Fund₹754 crore
- Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund₹750 crore
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty Bank TRI) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.