ICICI Prudential Nifty Bank Index Fund - Growth
Category: Index Fund
Launch Date: 05-03-2022
AUM:
₹ 615.82 Cr
Expense Ratio
0.76%
Benchmark
NIFTY Bank TRI
ISIN
INF109KC1Z89
Minimum Investment
1000.0
Minimum Topup
1000.0
Minimum SIP Amount
1000
Fund Manager
Nishit Patel
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| ICICI Prudential Nifty Bank Index Fund - Growth | 11.44 | 19.31 | - |
| Nifty Bank TRI | 12.38 | 20.59 | 23.23 |
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
15.6497
Last change
0.12 (0.7387%)
Fund Size (AUM)
₹ 615.82 Cr
Performance
15.0% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
Investment Objective
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.
Fund Manager
Nishit Patel
Riskometer
Very High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 27.81 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 25.17 |
| AXIS BANK LIMITED EQ NE FV RS. 2/- | 8.4 |
| STATE BANK OF INDIA EQ NEW RE. 1/- | 8.29 |
| KOTAK MAHINDRA BANK LIMITED EQ NEW F.V RS.5/- | 7.54 |
| INDUSIND BANK LIMITED EQ | 4.01 |
| THE FEDERAL BANK LIMITED EQ NEW FV RS.2/- | 3.69 |
| BANK OF BARODA EQ NEW FV RS. 2/- | 3.44 |
| IDFC FIRST BANK LIMITED EQ | 3.14 |
| AU SMALL FINANCE BANK LIMITED EQ | 2.9 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 99.99 |
| N/A | 0.01 |