ICICI Pru Nifty50 Equal Weight Index Fund
The Scheme is seeks to invest in companies whose securities are included in Nifty50 Equal Weight Index and subject to tracking errors, to endeavor to achieve the returns of the above index.
Growthvine rating: 4/5 — ranked #47 of 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹15.58 (as of 2026-10-22) |
|---|
| AUM | ₹267 Cr |
|---|
| Expense ratio | 0.85% |
|---|
| 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 | 0.3 |
|---|
| Standard deviation | 15.03% |
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| Max drawdown | −18.28% |
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| Alpha | 1.59 |
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| Beta | 0.99 |
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Market cap allocation
| Large cap | 96.0% |
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| Mid cap | 4.0% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 10.4% |
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| Top 10 holdings | 20.6% |
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| Total holdings | 50 |
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Top holdings
- Kotak Mahindra Bank Ltd. — 2.1%
- Dr. Reddys Laboratories Ltd. — 2.1%
- Adani Ports and Special Economic Zone Ltd — 2.1%
- InterGlobe Aviation Limited — 2.1%
- AXIS Bank Ltd. — 2.0%
- Coal India Limited — 2.0%
- Adani Enterprises Ltd. — 2.0%
- ICICI Bank Ltd. — 2.0%
- Infosys Ltd — 2.0%
- Maruti Suzuki India Ltd. — 2.0%
Top sectors
- Banking & Financial — 12.1%
- Automobile — 10.0%
- Software & Services — 8.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −8.3% | — | — |
| 2025 | 13.7% | — | — |
| 2024 | 9.5% | — | — |
| 2023 | 29.4% | — | — |