- Mutual Funds
- ICICI Prudential Mutual Fund
- ICICI Prudential Nifty Bank Index Fund (G)
ICICI Prudential Nifty Bank Index Fund (G)
₹ 14.4148
NAV (Sep 10)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical 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
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
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| ICICI Prudential Nifty Bank Index Fund (G) | 10,23,512 | 2,90,900 | 13.5% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
HDFC Bank Ltd.
27.5%ICICI Bank Ltd.
24%State Bank of India
10.5%Kotak Mahindra Bank Ltd.
10.3%Axis Bank Ltd.
9.3%Allocation by Sector
Financial
99.66843%Comparison with Equity Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 25,617 cr | ||
₹ 23,712 cr | ||
₹ 64,222 cr | ||
₹ 50,154 cr | ||
₹ 17,488 cr |
About the AMC
ICICI Prudential Mutual Fund
| Fund Name | Scripbox 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)?
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.