ICICI Prudential Nifty Bank Index Fund-Growth
The fund is rated 3 stars. Taken together, the fund's movement relative to its index and annual fee of 0.82% place it around the middle of similar funds.
This index fund/ETF has a beta of 1.025%, and an expense ratio of 0.82%, giving it a 3.0 star rating, based on the principle that lower values of |1-beta| and expense ratio result in higher ratings.
Our score weighs long-term performance, risk and consistency — not just past returns.
Returns
As of 7 Oct 2026
Risk ratios
As of 30 Sep 2026
Portfolio
As of 31 Aug 2026
Market-cap split
Sector allocation
Holdings (15)
| Holding | % of fund | Value | Shares |
|---|---|---|---|
| HDFC Bank Ltd. | 17.01% | ₹134.98 Cr | 19,03,807 |
| ICICI Bank Ltd. | 14.84% | ₹117.78 Cr | 8,10,065 |
| State Bank of India | 10.26% | ₹81.43 Cr | 7,68,210 |
| Kotak Mahindra Bank Ltd. | 9.87% | ₹78.34 Cr | 18,67,790 |
| Axis Bank Ltd. | 9.19% | ₹72.91 Cr | 5,60,859 |
| The Federal Bank Ltd. | 7.14% | ₹56.69 Cr | 15,89,229 |
| Indusind Bank Ltd. | 5.44% | ₹43.17 Cr | 4,24,693 |
| AU Small Finance Bank Ltd. | 4.82% | ₹38.24 Cr | 3,52,009 |
| IDFC First Bank Ltd. | 4.67% | ₹37.08 Cr | 43,13,290 |
| Bank Of Baroda | 3.47% | ₹27.56 Cr | 11,55,170 |
Fund details
Long term wealth creation solution. An index fund that seeks to track returns by investing in a basket of Nifty Bank Index stocks and aims to achieve returns of the stated index, subject to tracking error.
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.