ICICI Prudential Nifty Bank Index Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 15.91 | N/A | N/A | N/A |
Average Rolling Returns(%) | 16.21 | N/A | N/A | N/A |
The Current NAV of ICICI Prudential Nifty Bank Index Fund - Regular Plan - Growth is ₹13.56.
It is better to invest in a fund with a longer track record as ICICI Prudential Nifty Bank Index Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY BANK - TRI returns, as Funds portfolio is significantly different.
ICICI Prudential Nifty Bank Index Fund - Regular Plan - Growth fund’s expense ratio is 0.87%
The process for redemption is
The AUM of ICICI Prudential Nifty Bank Index Fund - Regular Plan - Growth is currently ₹360 Crores.
The Top three stocks are HDFC Bank, ICICI Bank and Axis Bank and account for 62% of its portfolio. Top 5 and 10 stocks of fund account for 80% and 97% of fund’s portfolio respectively.
Top three sectors of ICICI Prudential Nifty Bank Index Fund - Regular Plan - Growth fund are BFSI, Miscellaneous and accounting for 100% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Index Funds - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of ICICI Prudential Nifty Bank Index Fund - Regular Plan - Growth Fund is Index Funds - Other.
Nishit Patel and Priya Shridhar manage the ICICI Prudential Nifty Bank Index Fund - Regular Plan - Growth Fund.
ICICI Prudential Nifty Bank Index Fund - Regular Plan - Growth current PE ratio is 17.49 and PB ratio is 2.46
The asset allocation of ICICI Prudential Nifty Bank Index Fund - Regular Plan - Growth is Stocks : 99.94%, Debt : 0.07% and Gold : 0%
The minimum SIP amount for ICICI Prudential Nifty Bank Index Fund - Regular Plan - Growth is ₹1000.00 and minimum lumpsum is ₹1000.00
The exit load for ICICI Prudential Nifty Bank Index Fund - Regular Plan - Growth is Nil