FAQ : ICICI Prudential Nifty Private Bank ETF

ICICI Prudential Nifty Private Bank ETF has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 11.79 7.55 N/A N/A
Average Rolling Returns(%) 18.20 16.32 N/A N/A

The Current NAV of ICICI Prudential Nifty Private Bank ETF is ₹23.48.

It is better to invest in a fund with a longer track record as ICICI Prudential Nifty Private Bank ETF cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark Nifty Private Bank - TRI returns, as Funds portfolio is significantly different.

ICICI Prudential Nifty Private Bank ETF fund’s expense ratio is 0.15%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of ICICI Prudential Nifty Private Bank ETF is currently ₹1,894 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Axis Bank and account for 63% of its portfolio. Top 5 and 10 stocks of fund account for 84% and 100% of fund’s portfolio respectively.

Top three sectors of ICICI Prudential Nifty Private Bank ETF 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 ETFs - Index 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 Private Bank ETF Fund is ETFs - Index.

Nishit Patel and Priya Shridhar manage the ICICI Prudential Nifty Private Bank ETF Fund.

ICICI Prudential Nifty Private Bank ETF current PE ratio is 17.42 and PB ratio is 2.40

The asset allocation of ICICI Prudential Nifty Private Bank ETF is Stocks : 99.98%, Debt : 0% and Gold : 0%

The minimum SIP amount for ICICI Prudential Nifty Private Bank ETF is N/A and minimum lumpsum is ₹5000.00

The exit load for ICICI Prudential Nifty Private Bank ETF is N/A

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