ICICI Pru Nifty Auto Index Fund
The Scheme seeks to invest in companies whose securities are included in Nifty Auto 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 Auto Index in the same weightage that they represent in Nifty Auto Index.
Growthvine rating: 5/5 — ranked #6 of 244 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹23.07 (as of 2026-08-21) |
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| AUM | ₹242 Cr |
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| Expense ratio | 0.76% |
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| Riskometer | Very High |
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| Fund manager | Ashwini Jemin Bharucha |
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| Exit load | 0 |
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Performance & risk
| Sharpe ratio | 0.83 |
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| Standard deviation | 19.75% |
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| Max drawdown | -28.51% |
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| Alpha | 0.27 |
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| Beta | 1 |
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Market cap allocation
| Large cap | 75.2% |
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| Mid cap | 23.2% |
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| Small cap | 1.6% |
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Concentration
| Top 5 holdings | 64.2% |
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| Top 10 holdings | 88.6% |
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| Total holdings | 15 |
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Top holdings
- Mahindra & Mahindra Ltd. — 23.6%
- Maruti Suzuki India Ltd. — 14.4%
- Bajaj Auto Limited — 9.9%
- Eicher Motors Ltd. — 8.4%
- TVS Motor Company Ltd. — 7.9%
- TATA MOTORS PASSENGER VEHICLES LIMITED — 5.5%
- Hero MotoCorp Limited — 5.4%
- Samvardhana Motherson International Limited — 5.2%
- Bharat Forge Ltd — 4.6%
- Ashok Leyland Ltd. — 3.7%
Top sectors
- Automobile — 95.9%
- Agricultural & Farm Machinery — 3.7%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 3.8% | — | — |
| 2025 | 23.3% | — | — |
| 2024 | 22.2% | — | — |
| 2023 | 46.8% | — | — |