ICICI Prudential Nifty Bank Index Fund-Growth
Equity, Sectoral-Banking, Principal at very high risk
1 Year Return -2.28% at 08 Jun 2026 12:54 PM
ICICI Prudential Nifty Bank Index Fund-Growth: Mutual Fund Overview
ICICI Prudential Nifty Bank Index Fund-Growth is an Sectoral-Banking mutual fund with over 4.27 years of performance history. The scheme manages an AUM of ₹716.92 Cr and has a NAV of ₹15.246. It is rated '2' stars by analysts. Investors can begin a SIP with as little as ₹1000.0, making it accessible for all types of investors. In the last 1 year, the fund has delivered a return of -2.28%.
Fund Details
NAV 15.246
Sub-Type Sectoral-Banking
Rating 2
Min. SIP Amount ₹1000.0
Fund Age(Year) 4.27
Fund Size(in Crores) 716.92
Fund Performance
1 Month 0.0%
3 Month -7.74%
6 Month -9.05%
1 Year -2.28%
3 Year 7.11%
5 Year 0.0%
Know This Fund
As on 08 Jun 2026
Investment strategy that balances risk & reward by dividing the investment portfolio among different types of asset classes.
Equity (99.96%) Market Cap Large Cap 76.14 Mid Cap 23.82 Top Sectors Financial 99.96 Top Holding AU Small Finance Bank 4.96 Axis Bank 10.01 Bank of Baroda 4.33 Canara Bank 4.05 HDFC Bank 18.37 ICICI Bank 13.54 IDFC First Bank 4.12 Indusind Bank 5.35 Kotak Mahindra Bank 9.67 Punjab National Bank 3.37 State Bank of India 9.93 The Federal Bank 6.26 Union Bank of India 2.86 Yes Bank 3.12
Debt & Others (0.04%) Sector Allocation Net Payables -0.25 Repo 0.29 Debt Credit Ratings Debt Category Others 0.04
Comparison with same funds
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & Financial Services Fund Regular-Growth Ret 1M -3.34% Ret 1Y -1.21% Ret 3Y 11.01% Ret 5Y 10.22%
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & Financial Services Fund Regular-IDCW Ret 1M -3.34% Ret 1Y -1.21% Ret 3Y 11.01% Ret 5Y 10.22%
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & Financial Services Fund Regular-IDCW Reinvestment Ret 1M -3.34% Ret 1Y -1.21% Ret 3Y 11.01% Ret 5Y 10.22%
Equity, Flexi Cap funds Axis Nifty Bank Index Fund Regular-Growth Ret 1M -0.02% Ret 1Y -2.51% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Axis Nifty Bank Index Fund Regular-IDCW Payout Ret 1M -0.02% Ret 1Y -2.51% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Axis Nifty Bank Index Fund Regular-IDCW Reinvestment Ret 1M -0.02% Ret 1Y -2.51% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bajaj Finserv Banking And Financial Services Fund Regular-Growth Ret 1M -1.31% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bajaj Finserv Banking And Financial Services Fund Regular-IDCW Payout Ret 1M -1.31% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bajaj Finserv Banking And Financial Services Fund Regular-IDCW Reinvestment Ret 1M -1.31% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bandhan Financial Services Fund Regular-Growth Ret 1M -2.53% Ret 1Y -4.18% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bandhan Financial Services Fund Regular-IDCW Ret 1M -2.53% Ret 1Y -4.18% Ret 3Y 0% Ret 5Y 0%
Charges & Taxes Expense Ratio
Returns are taxed as per your Income Tax Slab.
Expense Ratio (Inclusive of GST): 0.75%
Exit Load 0%
Stamp Duty 0.005%
Fund Management
The various expenses, charges and taxes associated with your Mutual Fund
Nishit Patel
Education Mr. Patel is a B.Com & Chartered Accountant
Experience Prior to joining ICICI Prudential Mutual fund, he has worked with K.K.Dand & Co.
Priya Sridhar
Education Ms. Sridhar has done B.Com and M.F.M
Experience Prior to joining Aditya Birla Mutual Fund, she has worked with ICICI Prudential MF, ITI Mutual Fund and LIC Housing Finance Ltd
Venus Ahuja
Education Chartered Accountant and B.Com
Experience Mr. Venus Ahuja, who was previously part of the Investment Monitoring Team at ICICI AMC, has now been appointed as a Fund Manager and Dealer in the Investments Department of ICICI AMC
Kayzad Eghlim
Education Mr. Eghlim is a B.Com (H) and M Com.
Experience Prior to joining ICICI Prudential AMC he has worked with IDFC Investment Advisors Ltd., Prime Securities and Canara Robeco Mutual Fund.
Ashwini Jemin Bharucha
Education B.Com , M.Com , Inter CA
Experience Prior to Joining the ICICI Pru Mutual Fund he has worked with ICICI Pru AMC Treasury Mutual Fund Operations,
Ajay Kumar Solanki
Education Mr. Solanki has done B.Com, CA and CFA Level-III
Experience Prior to joining ICICI Prudential Mutual Fund, he has worked with GPS & Associates
Riskometer
Mutual Fund Investments are subject to market risk. Read all scheme related documents carefully.
Principal at very high risk
AMC and Fund details
Rank (total sets) 50
Date of Incorporation 2022-03-02
Total AUM 1112891.15
The Scheme Seeks to generate returns from a portfolio of pure debt oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the BSLAMC process.
Take Your Next Step
ICICI Prudential Nifty Bank Index Fund-Growth FAQs
How to invest in ICICI Prudential Nifty Bank Index Fund-Growth?
Investing in ICICI Prudential Nifty Bank Index Fund-Growth through Motilal Oswal is simple and completely online. You just need to follow the step-by-step process below to get started in a few minutes.
- Log in to your Motilal Oswal account via the app or website
- Go to the Mutual Funds section
- Search for ICICI Prudential Nifty Bank Index Fund-Growth in the search bar
- Select your preferred investment mode – Lumpsum or SIP
- Enter investment details such as amount and linked bank account
- Complete your KYC, if not already done
- Review and confirm details including fund name, plan type, amount, and bank account
- Make the payment using Net Banking, UPI, or other available options
- Receive transaction confirmation via email or SMS
What is the expense ratio of ICICI Prudential Nifty Bank Index Fund-Growth?
The term expense ratio for ICICI Prudential Nifty Bank Index Fund-Growth or any other mutual fund is the annual fee charged by the fund house for managing your investment scheme. The expense ratio of ICICI Prudential Nifty Bank Index Fund-Growth is 0.75% as of 08 Jun 2026.
What is the NAV of ICICI Prudential Nifty Bank Index Fund-Growth?
The NAV of ICICI Prudential Nifty Bank Index Fund-Growth is ₹15.246 as of 08 Jun 2026.
What is the AUM of ICICI Prudential Nifty Bank Index Fund-Growth?
The AUM (Assets Under Management) of ICICI Prudential Nifty Bank Index Fund-Growth is the total value of assets managed by the fund at a given time, which is updated regularly. The AUM of ICICI Prudential Nifty Bank Index Fund-Growth is ₹716.92 Cr as of 08 Jun 2026.
What is the PE and PB ratio of ICICI Prudential Nifty Bank Index Fund-Growth?
The PE ratio of ICICI Prudential Nifty Bank Index Fund-Growth shows how much investors are paying for the fund's underlying earnings, while the PB ratio indicates how the fund's holdings are valued compared to their book value.
Can I invest in SIP and Lump Sum in ICICI Prudential Nifty Bank Index Fund-Growth?
Yes, you can invest in ICICI Prudential Nifty Bank Index Fund-Growth through both SIP (Systematic Investment Plan) and lump sum options, depending on your investment preference and financial goals.
What is the return of ICICI Prudential Nifty Bank Index Fund-Growth in the last 5 years?
The return of ICICI Prudential Nifty Bank Index Fund-Growth in the last 5 years is 0.0%.
What is the minimum SIP investment required in ICICI Prudential Nifty Bank Index Fund-Growth?
The minimum SIP investment in ICICI Prudential Nifty Bank Index Fund-Growth depends on the fund's scheme rules and usually starts at a small amount. For ICICI Prudential Nifty Bank Index Fund-Growth, the minimum SIP amount is ₹1000.0.
What is the current NAV of ICICI Prudential Nifty Bank Index Fund-Growth?
The NAV of ICICI Prudential Nifty Bank Index Fund-Growth, as of 08 Jun 2026, is ₹15.246.
Who manages the ICICI Prudential Nifty Bank Index Fund-Growth?
The fund managers responsible for ICICI Prudential Nifty Bank Index Fund-Growth are:
- Nishit Patel
- Priya Sridhar
- Venus Ahuja
- Kayzad Eghlim
- Ashwini Jemin Bharucha
- Ajay Kumar Solanki