• Mutual Funds
  • ICICI Prudential Mutual Fund
  • ICICI Prudential Nifty Bank Index Fund (G)
ICICI Mutual Fund

ICICI Prudential Nifty Bank Index Fund (G)

EquityIndex Funds

14.4148

NAV (Sep 10)

15.558%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

14.4148

NAV (Sep 10)

Fund Returns

Last 1Y
13.5%
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
15.6%
6 Month CAGR
7.9%

Scheme Information

Investment Objective

The scheme seeks 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.

Expense Ratio
0.82
Launched (0y ago)
0.82
AUM in Crores
480.3
ISIN
INF109KC1Z89
Lock-in
Benchmark
NIFTY Bank Total Return Index
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
Standard Deviation
Beta
NaN
Sharpe Ratio
NaN
YTM
Fund Managers

Ajay Kumar Solanki

Fund Manager

Kayzad Eghlim

Fund Manager

Nishit Patel

Fund Manager

Priya Sridhar

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
ICICI Prudential Nifty Bank Index Fund (G)70%10,23,512 2,90,90013.5%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-05-02

Top Stock Holdings

HDFC Bank Ltd.

27.5%
27.494%

ICICI Bank Ltd.

24%
23.984%

State Bank of India

10.5%
10.504%

Kotak Mahindra Bank Ltd.

10.3%
10.289%

Axis Bank Ltd.

9.3%
9.301%
See all holdings

Allocation by Sector

Financial

99.66843%
99.66843%
See all sectors

Comparison with Equity Funds

Fund NameFund Size
Mirae Asset ELSS Tax Saver Fund (G)
Mirae Asset ELSS Tax Saver Fund (G)

₹ 25,617 cr

₹ 23,712 cr

₹ 64,222 cr

₹ 50,154 cr

₹ 17,488 cr

amc-img

About the AMC

ICICI Prudential Mutual Fund

ICICI Mutual Fund, incorporated in 1998. It is a joint venture between ICICI Bank and Prudential Plc. Prudential Plc is a UK based financial services company.amc-img
Fund NameScripbox Opinion
Till Date CAGR

19.619%

15.777%

25.772%

21.052%

11.431%

16.205%

5.954%

7.13%

36.908%

16.944%

ICICI Prudential Nifty Bank Index Fund (G) Review

ICICI Prudential Nifty Bank Index Fund (G) is a Equity Equity fund and has delivered an annualised return of 15.558% over a period of 2 years. The fund is managed by ICICI Prudential Mutual Fund. The fund manager’s name is [object Object],[object Object],[object Object],[object Object].

Nav of ICICI Prudential Nifty Bank Index Fund (G) as of 9/10/2024 is ₹14.41 with the total AUM as of 9/11/2024 is ₹480.285537. With Scripbox you can compare and check the latest nav for all mutual funds in India. ICICI Prudential Nifty Bank Index Fund (G) was launched on 2022-03-02. The category risk of the fund is null.

The minimum SIP amount for ICICI Prudential Nifty Bank Index Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

ICICI Prudential Nifty Bank Index Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to NIFTY Bank Total Return Index.

ICICI Prudential Nifty Bank Index Fund (G) is rated as a null fund in Equity and delivered 13.499% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with ICICI Prudential Nifty Bank Index Fund (G).

Frequently Asked Questions

What is ICICI Prudential Nifty Bank Index Fund (G)?

ICICI Prudential Nifty Bank Index Fund (G) is a Equity Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in ICICI Prudential Nifty Bank Index Fund (G)?

You can invest in ICICI Prudential Nifty Bank Index Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of ICICI Prudential Nifty Bank Index Fund (G)?

The minimum sip amount for ICICI Prudential Nifty Bank Index Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is ICICI Prudential Nifty Bank Index Fund (G) good to invest in?

As per Scripbox experts, ICICI Prudential Nifty Bank Index Fund (G) is a fund. You can investICICI Prudential Nifty Bank Index Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the ICICI Prudential Nifty Bank Index Fund (G)?

The expense ratio of the ICICI Prudential Nifty Bank Index Fund (G) is 0.82% for regular plan.