Primarily market-linked growth exposure
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.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
• Equity and Equity related securities of companies constituting the underlying index (NIFTY Bank Index) 95% - 100% • Money Market instruments including TREPs* and Units of debt schemes# 0% - 5%
- SEBI category
- Other Schemes – Index Scheme
- Fund type
- Open Ended
- Primary benchmark
- Nifty Bank TRI
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Nishit Patel · Ajaykumar Solanki · Ashwini Bharucha · Venus Ahuja
- Manager tenure on this scheme
- Nishit Patel — since 10 February 2022 · Ajaykumar Solanki — since 1 February 2024 · Ashwini Bharucha — since 18 December 2024 · Venus Ahuja — since 1 November 2025
- Role / co-management
- Nishit Patel — Comanage · Ajaykumar Solanki — Comanage · Ashwini Bharucha — Comanage · Venus Ahuja — Comanage
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| ICICI Prudential Nifty Bank Index Fund - Direct Plan - Growth | ₹16.5732 | 04 Sep 2026 |
| ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW | ₹16.5730 | 04 Sep 2026 |
| ICICI Prudential Nifty Bank Index Fund - Regular Plan - Growth | ₹16.0939 | 04 Sep 2026 |
| ICICI Prudential Nifty Bank Index Fund - Regular Plan - IDCW | ₹16.0938 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Annual Scheme Recurring Expenses as on October 31, 2025: Direct Plan: 0.15% Regular Plan: 0.76%
- Exit load
- Refer to the current official scheme document.
- Minimum application
- Rs. 5,000 · multiples of 1
- SIP frequency
- Refer to the current official scheme document.
- Minimum SIP amount
- Refer to the current official scheme document.
- Minimum instalments
- Refer to the current official scheme document.
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.