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ICICI Pru Nifty Bank Index Fund - Direct (IDCW)

Index Fund • OPEN
NAV as of May 21, 2026
₹15.37
1 day change
Returns since inception
11.02%
CAGR
AUM (Fund size)
₹717 Cr
NAV: ₹ 15.37
as on May 21, 2026
ICICI Pru Nifty Bank Index Fund - Direct (IDCW)

ICICI Pru Nifty Bank Index Fund - Direct (IDCW) Overview

AUM (Fund size) ₹ 717 Cr
Expense ratio 0.23 %
Exit load Nil
Plan type Direct Fund
Risk Very High
Lock-in Period Nil
Benchmark Nifty Bank TRI
Min. investment SIP: ₹1,000    Lumpsum: ₹1,000
Age 4 yrs 3 m since Feb 10, 2022
Tax implication STCG Tax: As per your Income Tax Slab, if redeemed before 3 Years, LTCG Tax: 20% with indexation benefitu00a0 post 3 Years

Holdings Distribution

Banks
99.55%
Debt
0.82%

Top Holdings

HDFC Bank 18.92%
ICICI Bank 14.05%
Axis Bank 9.97%
SBI 9.89%
Kotak Mah. Bank 9.69%
Federal Bank 6.15%
IndusInd Bank 4.78%
AU Small Finance 4.47%
Bank of Baroda 4.43%
Canara Bank 4.04%

Peer Comparison

Fund Name 1Y 3Y 5Y
ICICI Pru Nifty Bank Index Fund - Direct (IDCW) -1.03% 7.73% N/A

Scheme Information

ICICI Pru Nifty Bank Index Fund - Direct (IDCW) was launched on 10/02/2022. The fund manages ₹717 Cr in assets. Its current expense ratio is 0.23%.

Fund Manager: Nishit Patel

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FAQs on ICICI Pru Nifty Bank Index Fund - Direct (IDCW)

The current expense ratio of ICICI Pru Nifty Bank Index Fund - Direct (IDCW) is 0.23%.

The AUM of ICICI Pru Nifty Bank Index Fund - Direct (IDCW) is ₹717 crore.

Log in to your investment platform, select the fund, enter units or amount, and confirm the redemption request.

Yes, ICICI Pru Nifty Bank Index Fund - Direct (IDCW) allows both SIP and lump sum investments.

The latest NAV is ₹15.37.

Minimum SIP starts from ₹1,000.

Redemption can be done via AMC website or your investment platform.

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