NAV on (24 Apr 2026 )
₹16.11 ▼
(-0.38%)
Fund Size
₹611.68 Crores
1Y Returns
2.21 %
The objective of the Scheme is 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. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.
ICICI Prudential Asset Management Co. Ltd.
Launch Date
February 10, 2022
Fund Manager
Mr. Nishit Patel
Initial Price
10
AUM Fund
611.68 Cr
Min investment
Rs 1000
Expense Ratio
0.15%
Daily, Weekly, Fortnightly and Monthly - Rs. 1000/- and in multiple of Rs. 1/-. Minimum 6 installments.Quarterly - Rs. 5,000/- and in multiple of Rs. 1/-. Minimum 4 installments.
Nil
1 Month
+6.58%
6 Months
-2.90%
1 Year
+2.21%
2 Years (CAGR)
+8.53%
3 Years (CAGR)
+10.17%
5 Years (CAGR)
NA
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 143.82% | 0.00% | ₹1152.55 | |
| 142.83% | 213.84% | ₹14511.43 | |
| 142.70% | 0.00% | ₹5197.1 | |
| 142.62% | 0.00% | ₹3623.01 | |
| 142.62% | 0.00% | ₹3623.01 |
Q: What is the current NAV of ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW?
A: The latest NAV of ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW is ₹ 16.11 as on 24 Apr 2026.
Q: What type of mutual fund is ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW?
A: ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW is a 'Equity - Others' type mutual fund managed by 'ICICI Prudential Asset Management Co. Ltd.'.
Q: What is the expense ratio of ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW?
A: The expense ratio of ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW is 0.15%, which impacts overall returns.
Q: Who manages ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW?
A: ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW is managed by Mr. Nishit Patel, who oversees investment strategy and portfolio decisions.
Q: Is ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW a good investment?
A: ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW?
A: The exit load of ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW is Nil, applicable if redeemed within the specified period.
Q: How is ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
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