ICICI Pru Nifty Private Bank Index Fund
The Scheme seeks to invest in companies whose securities are included in Nifty Private Bank Index, 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 Private Bank Index in the same weightage that they represent in Nifty Private Bank Index
Growthvine rating: 2/5 — ranked #57 of 84 in category.
Fund basics
| Category | Equity: Sectoral |
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| NAV | ₹9.86 (as of 2026-08-21) |
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| AUM | ₹46 Cr |
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| Expense ratio | 0.77% |
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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
| Standard deviation | 0.00% |
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| Max drawdown | -17.19% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 92.1% of NIFTY Financial Services's upside and 89.5% of its downside.
Market cap allocation
| Large cap | 80.2% |
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| Mid cap | 17.2% |
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| Small cap | 2.7% |
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Concentration
| Top 5 holdings | 86.0% |
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| Top 10 holdings | 99.8% |
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| Total holdings | 10 |
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Top holdings
- ICICI Bank Ltd. — 22.1%
- HDFC Bank Ltd. — 20.0%
- Kotak Mahindra Bank Ltd. — 19.6%
- AXIS Bank Ltd. — 18.3%
- Federal Bank Ltd. — 6.0%
- IndusInd Bank Ltd. — 4.6%
- IDFC FIRST BANK LIMITED — 3.8%
- Yes Bank Ltd. — 2.7%
- RBL Bank Limited — 1.6%
- Bandhan Bank Limited — 1.1%
Top sectors
- Banking & Financial — 99.8%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -3.9% | Q4 (Bottom) | #65 of 76 |