Icici Prudential Nifty Bank Index Fund Growth Direct Plan

Risk: Very High
₹ 14.65
NAV (Jul 26,2024)

ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan is a mutual fund scheme offered by ICICI Prudential. It aims to deliver long-term capital appreciation by investing in the Nifty Bank Index. The fund has a minimum investment requirement of INR 1000 and was established on March 2, 2022. With an expense ratio of 0.2%, this fund offers growth opportunities to investors seeking direct investments. The current PE ratio stands at 16.98, while the PB ratio is 2.39. The scheme's assets under management (AUM) are INR 334.31.

Icici Prudential Nifty Bank Index Fund Growth Direct Plan Latest Trend

  • 1M
  • 2M
  • 3M

Icici Prudential Nifty Bank Index Fund Growth Direct Plan Latest Trend

Risk Ratios

  • P/E Ratio
    UM_URBAN_MONEY

    16.29
  • P/B Ratio
    UM_URBAN_MONEY

    2.46
  • Alpha
    UM_URBAN_MONEY

    0.00
  • Beta
    UM_URBAN_MONEY

    1.00
  • Sharpe
    UM_URBAN_MONEY

    0.05
  • Sortino
    UM_URBAN_MONEY

    0.08

Fund Overview

Expense ratio
UM_URBAN_MONEY

0.20%

Exit Load
UM_URBAN_MONEY

0%

Lock-in
UM_URBAN_MONEY

No Lock-in

AUM (Fund Size)
UM_URBAN_MONEY

₹ 409.75 Cr

Index
UM_URBAN_MONEY

Min. Investment
UM_URBAN_MONEY

SIP ₹1000.00

Scheme Riskometer

Investors understand that their principal will be at
Very High

Investment Return Calculator

as on Jul 27, 2024

Total Invested Amount

3 Months Absolute Return (In %)

6 Months Absolute Return (In %)

1 Year Absolute Return (In %)

3 Year Absolute Return (In %)

5 Year Absolute Return (In %)

₹ 10,000₹ 10,556.44 (5.56%)₹ 11,403.62 (14.04%)₹ 11,167.19 (11.67%)₹ -- (--)₹ -- (--)
₹ 30,000₹ 31,669.32 (5.56%)₹ 34,210.86 (14.04%)₹ 33,501.57 (11.67%)₹ -- (--)₹ -- (--)
₹ 50,000₹ 52,782.2 (5.56%)₹ 57,018.1 (14.04%)₹ 55,835.95 (11.67%)₹ -- (--)₹ -- (--)
₹ 80,000₹ 84,451.52 (5.56%)₹ 91,228.96 (14.04%)₹ 89,337.52 (11.67%)₹ -- (--)₹ -- (--)
₹ 1,00,000₹ 1,05,564.4 (5.56%)₹ 1,14,036.2 (14.04%)₹ 1,11,671.9 (11.67%)₹ -- (--)₹ -- (--)

Calculate Your Mutual Fund Returns

₹
  • ₹ 500
  • ₹ 1 Lac
Years
  • 1
  • 30
%
  • 1
  • 30
₹

Total investment

+
₹

Profit

YearInvested Amount(₹)Wealth Gained(₹)Expected Amount(₹)

Fund Portfolio Allocation

  • Holdings
  • Sectors

Name

Assets

  • HDFC Bank Ltd29.25%
  • ICICI Bank Ltd23.20%
  • Axis Bank Ltd9.72%
  • State Bank Of India9.61%
  • Kotak Mahindra Bank Ltd8.18%
  • IndusInd Bank Ltd6.21%
  • Bank Of Baroda3.17%
  • Punjab National Bank2.47%
  • AU Small Finance Bank Ltd2.34%
  • The Federal Bank Ltd2.33%
  • IDFC First Bank Ltd1.94%
  • Bandhan Bank Ltd0.99%
  • Net Current Assets0.32%
  • TREPS0.26%

Holdings Analysis

Peer Comparison

Pick your choice with our quick comparitive analysis

  • 6M
  • 1Y
  • 3Y
  • 5Y
Mutual Fund SchemesCategoryRiskAbsolute Return (6M)

LIC MF Nifty Next 50 Index Fund - GrowthLIC MF Nifty Next 50 Index Fund - Growth

EQUITY

Very High

24.82%

HSBC Nifty Next 50 Index Fund - Regular Plan - GrowthHSBC Nifty Next 50 Index Fund - Regular Plan - Growth

EQUITY

Very High

22.33%

Kotak Nifty Next 50 Index Fund - Regular Plan - GrowthKotak Nifty Next 50 Index Fund - Regular Plan - Growth

EQUITY

Very High

22.31%

Groww Nifty Total Market Index Fund - Regular Plan - GrowthGroww Nifty Total Market Index Fund - Regular Plan - Growth

EQUITY

Very High

18.10%

HDFC Index Fund - NIFTY 50 Plan - GrowthHDFC Index Fund - NIFTY 50 Plan - Growth

EQUITY

Very High

12.12%

Aditya Birla Sun Life Nifty 50 Index Fund - Regular Plan - GrowthAditya Birla Sun Life Nifty 50 Index Fund - Regular Plan - Growth

EQUITY

Very High

12.08%

IDBI Nifty 50 Index Fund - GrowthIDBI Nifty 50 Index Fund - Growth

EQUITY

Very High

11.96%

Taurus Nifty 50 Index Fund - Regular Plan - GrowthTaurus Nifty 50 Index Fund - Regular Plan - Growth

EQUITY

Very High

11.52%

UTI Nifty 50 Index Fund - Regular Plan - IDCWUTI Nifty 50 Index Fund - Regular Plan - IDCW

EQUITY

Very High

10.22%

Bandhan Nifty 50 Index Fund - Regular Plan - GrowthBandhan Nifty 50 Index Fund - Regular Plan - Growth

EQUITY

Very High

10.12%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

HSBC Nifty Next 50 Index Fund - Regular Plan - GrowthHSBC Nifty Next 50 Index Fund - Regular Plan - Growth

EQUITY

Very High

43.51%

Sundaram Nifty 100 Equal Weight Fund - GrowthSundaram Nifty 100 Equal Weight Fund - Growth

EQUITY

Very High

41.85%

Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Regular Plan - GrowthEdelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Regular Plan - Growth

EQUITY

Very High

36.73%

DSP Nifty 50 Equal Weight Index Fund - Regular Plan - GrowthDSP Nifty 50 Equal Weight Index Fund - Regular Plan - Growth

EQUITY

Very High

35.46%

Tata NIFTY 50 Index Fund - Regular Plan - GrowthTata NIFTY 50 Index Fund - Regular Plan - Growth

EQUITY

Very High

25.98%

Navi Nifty 50 Index Fund - Regular Plan - GrowthNavi Nifty 50 Index Fund - Regular Plan - Growth

EQUITY

Very High

24.96%

Aditya Birla Sun Life Nifty 50 Index Fund - Regular Plan - GrowthAditya Birla Sun Life Nifty 50 Index Fund - Regular Plan - Growth

EQUITY

Very High

24.72%

Bandhan Nifty 50 Index Fund - Regular Plan - GrowthBandhan Nifty 50 Index Fund - Regular Plan - Growth

EQUITY

Very High

23.74%

IDBI Nifty 50 Index Fund - GrowthIDBI Nifty 50 Index Fund - Growth

EQUITY

Very High

18.23%

Motilal Oswal Nifty Bank Index Fund - Regular Plan - GrowthMotilal Oswal Nifty Bank Index Fund - Regular Plan - Growth

EQUITY

Very High

12.85%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

DSP Nifty 50 Equal Weight Index Fund - Regular Plan - GrowthDSP Nifty 50 Equal Weight Index Fund - Regular Plan - Growth

EQUITY

Very High

21.91%

Sundaram Nifty 100 Equal Weight Fund - GrowthSundaram Nifty 100 Equal Weight Fund - Growth

EQUITY

Very High

19.51%

LIC MF Nifty Next 50 Index Fund - GrowthLIC MF Nifty Next 50 Index Fund - Growth

EQUITY

Very High

18.71%

UTI Nifty 50 Index Fund - Regular Plan - IDCWUTI Nifty 50 Index Fund - Regular Plan - IDCW

EQUITY

Very High

15.93%

Bandhan Nifty 50 Index Fund - Regular Plan - GrowthBandhan Nifty 50 Index Fund - Regular Plan - Growth

EQUITY

Very High

15.62%

Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Regular Plan - GrowthEdelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Regular Plan - Growth

EQUITY

Very High

15.42%

HDFC Index Fund - NIFTY 50 Plan - GrowthHDFC Index Fund - NIFTY 50 Plan - Growth

EQUITY

Very High

15.09%

Tata NIFTY 50 Index Fund - Regular Plan - GrowthTata NIFTY 50 Index Fund - Regular Plan - Growth

EQUITY

Very High

14.42%

Taurus Nifty 50 Index Fund - Regular Plan - GrowthTaurus Nifty 50 Index Fund - Regular Plan - Growth

EQUITY

Very High

14.35%

Motilal Oswal Nifty Bank Index Fund - Regular Plan - GrowthMotilal Oswal Nifty Bank Index Fund - Regular Plan - Growth

EQUITY

Very High

9.88%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

DSP Nifty 50 Equal Weight Index Fund - Regular Plan - GrowthDSP Nifty 50 Equal Weight Index Fund - Regular Plan - Growth

EQUITY

Very High

18.23%

SBI Nifty Index Fund - Regular Plan - GrowthSBI Nifty Index Fund - Regular Plan - Growth

EQUITY

Very High

17.10%

Sundaram Nifty 100 Equal Weight Fund - GrowthSundaram Nifty 100 Equal Weight Fund - Growth

EQUITY

Very High

17.06%

LIC MF Nifty Next 50 Index Fund - GrowthLIC MF Nifty Next 50 Index Fund - Growth

EQUITY

Very High

15.49%

Aditya Birla Sun Life Nifty 50 Index Fund - Regular Plan - GrowthAditya Birla Sun Life Nifty 50 Index Fund - Regular Plan - Growth

EQUITY

Very High

15.41%

Taurus Nifty 50 Index Fund - Regular Plan - GrowthTaurus Nifty 50 Index Fund - Regular Plan - Growth

EQUITY

Very High

15.31%

Franklin India NSE Nifty 50 Index Fund - GrowthFranklin India NSE Nifty 50 Index Fund - Growth

EQUITY

Very High

15.11%

Nippon India Index Fund - Nifty 50 Plan - GrowthNippon India Index Fund - Nifty 50 Plan - Growth

EQUITY

Very High

14.86%

Tata NIFTY 50 Index Fund - Regular Plan - GrowthTata NIFTY 50 Index Fund - Regular Plan - Growth

EQUITY

Very High

14.76%

IDBI Nifty 50 Index Fund - GrowthIDBI Nifty 50 Index Fund - Growth

EQUITY

Very High

11.74%

Show all Funds

Fund Managers

NP

Mr. Nishit PatelFund Manager

PS

Ms. Priya ShridharFund Manager

AS

Mr. Ajaykumar SolankiFund Manager

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Compare with similar Funds

ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan

vs

HSBC Nifty Next 50 Index Fund - Regular Plan - Growth

ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan

vs

Aditya Birla Sun Life Nifty 50 Index Fund - Regular Plan - Growth

ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan

vs

IDBI Nifty 50 Index Fund - Growth

ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan

vs

Baroda BNP Paribas Nifty 50 Index Fund - Regular Plan - IDCW

ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan

vs

Axis Nifty 100 Index Fund - Regular Plan - Growth

ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan

vs

Franklin India NSE Nifty 50 Index Fund - Growth

ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan

vs

Nippon India Index Fund - Nifty 50 Plan - Growth

ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan

vs

SBI Nifty Index Fund - Regular Plan - Growth

ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan

vs

UTI Nifty 50 Index Fund - Regular Plan - IDCW

ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan

vs

HDFC Index Fund - NIFTY 50 Plan - Growth

FAQ's

What is the risk level associated with the ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan?

The ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan is a high-risk mutual fund.

What is the current NAV (Net Asset Value) of the ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan as of Jul 26,2024?

The current NAV of the ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan as of Jul 26,2024 is INR 14.65.

What are the returns generated by the ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan over the past 1, 3, and 5 years?

The ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan has returned 12.73% in the past 1 year, $3yearret in 3 years, and $5yearret in 5 years.

What is the expense ratio associated with the ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan?

The ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan has a low expense ratio of 0.2%, making it a cost-effective option for investors looking to track the performance of the Nifty Bank Index.

What is the minimum investment amount required for the ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan?

The ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan requires a minimum investment of INR 1000.

Is there a systematic investment plan (SIP) available for the ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan?

Yes, SIP is available for ICICI Prudential Nifty Bank Index Fund - Growth - Direct Plan for just INR 1000 per month.

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