Primarily market-linked growth exposure
Investment objective The objective of the Scheme is 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. 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 Private Bank Index) = 95%-100% • Money Market instruments including TREPs* and Units of debt schemes# = 0%-5% *or similar instruments as may be permitted by RBI/ SEBI, subject to requisite approvals from SEBI / RBI, if needed. #Excluding subscription money in transit before deployment / payout.
- SEBI category
- Other Schemes - Index Funds
- Fund type
- Open Ended
- Primary benchmark
- Nifty Private 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)
- Mr. Nishit Patel · Ms. Ashwini Shinde · Mr. Venus Ahuja
- Manager tenure on this scheme
- Mr. Nishit Patel — since 17 July 2025 · Ms. Ashwini Shinde — since 17 July 2025 · Mr. Venus Ahuja — since 1 November 2025
- Role / co-management
- Mr. Nishit Patel — Comanage · Ms. Ashwini Shinde — Comanage · Mr. 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 Private Bank Index Fund - Direct Plan - Growth | ₹10.0058 | 04 Sep 2026 |
| ICICI Prudential Nifty Private Bank Index Fund - Regular Plan - Growth | ₹9.9431 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Actual expenses as on October 31, 2025: Regular Plan: 0.90% Direct Plan:0.35%
- Exit load
- Nil
- Minimum application
- Rs. 1000 · 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.