ICICI Prudential Nifty Bank Index Fund - Growth
₹15.1763
₹0.17 (-1.12%)
NAV as of 29 May 2026
Today's NAV — all variants
Regular · Growth
₹₹15.1763
₹0.17 (-1.12%)
29 May 2026
AMFI: 149859
Direct · Growth
₹₹15.6031
₹0.18 (-1.12%)
29 May 2026
AMFI: 149858
Regular · IDCW
₹₹15.1762
₹0.17 (-1.12%)
29 May 2026
AMFI: 149860
Direct · IDCW
₹₹15.6029
₹0.18 (-1.12%)
29 May 2026
AMFI: 149861
Returns (Lumpsum)
CAGR for periods ≥ 1 yearSIP Returns (XIRR)
₹1,000/month SIP, annualisedSIP since inception — what ₹1,000/month became
Real NAV backtest from day one
₹50,000
Invested
₹57,640
Value today
6.8%
XIRR (p.a.)
₹1,000/month SIP from fund inception · Current value as of today
Try SIP Calculator with this fund's history₹1,000 lumpsum at launch — value today
Invested on the fund's first NAV date
₹1,000
Invested
₹1,518
Value today
10.3%
CAGR (p.a.)
One-time investment at fund inception · Growth purely from NAV appreciation
Try Lumpsum Calculator₹6L corpus via 12-month STP from a liquid fund at inception
₹50K/month transferred from HDFC Liquid → this fund at launch
₹6,00,000
Invested
₹8,63,265
Value today
-5.2%
vs lumpsum
Direct lumpsum would have beaten STP by 5.2% — but STP reduced timing risk
Model your own STP with real NAVDirect vs Regular — ₹500/month over 4 years
Expense ratio drag on your actual returns
Direct plan
₹28,478
Regular plan
₹28,094
Direct earns ₹384 more on a ₹24K investment — 0.40% extra return per year
Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.
Learn about Direct vs Regular plansFund Details
Risk Metrics
Trailing 1 year, annualised-0.22
Sharpe Ratio
—
Alpha
—
Beta
-0.22
Sortino
15.80%
Std Dev
-18.37%
Max Drawdown
Portfolio Strategy
This is a passively managed index fund that replicates its benchmark index by holding the same securities in the same proportion.
ETF, FoF, and index funds track an index or target fund — not individual securities. Portfolio performance is captured via NAV and benchmark returns shown above.
Performance Comparison
Interested in This Fund?
Our experts will help you decide if this fund fits your goals.
Investment Objective
ICICI Prudential Nifty Bank Index Fund - Growth is a passively managed fund that tracks a specific market index, aiming to replicate its returns with minimal tracking error. Index funds offer low-cost, diversified exposure to the market with full transparency of holdings.
About This Fund
ICICI Prudential Nifty Bank Index Fund - Growth is a Index Fund mutual fund offered by ICICI Prudential Mutual Fund. The fund has been operational for over 4 years. It manages assets worth ₹682 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against Nifty Bank TRI. The current expense ratio is 0.76%.
Who Should Invest?
- •Investors with a high risk appetite seeking long-term wealth creation
- •Investors with an investment horizon of 5 years or more
- •Cost-conscious investors who prefer passive investing with low expense ratios
- •SIP investors who can benefit from rupee cost averaging during market fluctuations