ICICI Pru Nifty 50 Index Fund
The scheme aims to closely track the performance of Nifty 50 Index by investing in almost all the stocks and in approximately the same weightage that they represent in the index.
Growthvine rating: 3/5 — ranked #78 of 244 in category.
Fund basics
| Category | Equity: Index |
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| NAV | ₹245.86 (as of 2026-08-21) |
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| AUM | ₹17,353 Cr |
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| Expense ratio | 0.35% |
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| Riskometer | Very High |
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| Fund manager | Ajay Kumar Solanki |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 10.11% |
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| Sharpe ratio | 0.22 |
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| Standard deviation | 13.65% |
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| Max drawdown | -58.83% |
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| Alpha | -1.73 |
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| Beta | 0.95 |
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Market cap allocation
| Large cap | 98.6% |
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| Mid cap | 1.4% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 36.8% |
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| Top 10 holdings | 52.7% |
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| Total holdings | 50 |
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Top holdings
- HDFC Bank Ltd. — 10.2%
- ICICI Bank Ltd. — 9.2%
- Reliance Industries Ltd — 7.9%
- Bharti Airtel Ltd. — 5.4%
- Larsen & Toubro Limited — 4.1%
- State Bank Of India — 3.8%
- Infosys Ltd — 3.5%
- AXIS Bank Ltd. — 3.2%
- Bajaj Finance Limited — 2.7%
- Mahindra & Mahindra Ltd. — 2.7%
Top sectors
- Banking & Financial — 29.4%
- Software & Services — 8.4%
- Petroleum Products — 7.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -6.6% | — | — |
| 2025 | 11.4% | — | — |
| 2024 | 9.6% | — | — |
| 2023 | 20.7% | — | — |
| 2022 | 5.2% | — | — |