ICICI Prudential Nifty Bank Index Fund

Index and ETFs

No. of people currently viewing this page 0

  • cagr
  • NAV()
    As on Dec 01, 2022
  • AUM
    82.60 CR
    As on Oct 31,2022
    (For Regular-Growth Option)
  • age
    NA
  • Feature Coming Soon..

  • Indicative Investment Horizon
    3 years and above
    Benchmark
    Nifty Bank Index
  • Suitable for

    This scheme is suitable for investors looking for exposure in index scheme replicating Nifty Bank Index

Show More

Jump To -

Investment Objective

The investment objective of the Scheme is to invest in companies whose securities are included in Nifty Bank Index (the Index) Fund and to endeavor to achieve the returns of the above index as closely as possible, though subject to tracking error. The Scheme will not seek to outperform the Nifty Bank Index Fund. The objective is that the performance of the NAV of the Scheme should closely track the performance of the Nifty Bank Index Fund over the same period subject to tracking error. However, there is no assurance that the investment objective of the Scheme will be realized.

Fund Manager

Kayzad Eghlim

29
Years of Experience
32
Funds managed in total

Nishit Patel

3
Years of Experience
30
Funds managed in total
Key Features
Scheme Description An Open Ended Index scheme replicating Nifty Bank Index
Scheme Options Growth and IDCW option #(IDCW payout*** and re-investment facility available)
Minimum Purchase Application Amount 1000/- (plus in multiple of Re. 1/-)
Minimum additional investment 1000/- (plus in multiple of Re. 1/-)
Entry Load Not Applicable.
Exit Load Nil
Minimum Redemption Amount Any Amount
Indicative Investment Horizon 3 years and above
Systematic Transfer Plan Weekly, monthly and quarterly frequency :Rs 1000/- and in multiples of Re. 1, Daily frequency: Rs 250/- and in multiples of Re.1/-

SIP

  • Daily, Weekly, Fortnightly, Monthly SIP$: 1000/- (plus in multiple of Re. 1/-) Minimum installments: 6
  • Quarterly SIP$: 5,000/- (plus in multiple of Re. 1/-) Minimum installments – 4 $The applicability of the minimum amount of installment mentioned is at the time of registration only.

SWP

  • Available
Scheme options
ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW
ICICI Prudential Nifty Bank Index Fund - Direct Plan - Growth
ICICI Prudential Nifty Bank Index Fund IDCW
ICICI Prudential Nifty Bank Index Fund Growth
Quantitative Indicators
Equity Quants
Average P/BV 2.76
Average P/E 19.01
Average Dividend Yield 0.68
Combined Annual Portfolio Turnover Ratio 0.58 times
Net Equity 99.97
Annual Portfolio Turnover Ratio Equity - 0.58 times, Others (Debt and Derivatives) - 0.00 times
Debt Quants
Average Maturity 0.09
Macaulay Duration 0.00
Modified Duration 0.00
Yield to Maturity 6.15

Total Expense Ratio: IPNBIF: 1.00% p. a. IPNBIF Direct Plan : 0.20% p. a.

This product is suitable for Investors who are seeking*:

  • Long term wealth creation solution
  • An index fund that invests in companies that form part of the Nifty Next 50 Index and aims to achieve returns of the stated index, subject to tracking error.

*Investors should consult their financial distributors if in doubt about whether the product is suitable for them.

Benchmark - (Nifty Next 50)

*Investors should consult their financial distributors if in doubt about whether the product is suitable for them.

For more details about the scheme, view our detailed Factsheet here

Asset Allocation

Data not available

Top 5 Holdings

Data not available

Sector Allocation

Data not available

Debt & Debt Instruments

Credit Rating Profile

Data not available

Instrument Break Up

Data not available

Returns

As on Date : {{Returns.date}}

Data not available

Cumulative Returns

The Value of
of
invested
would now be {{ReturnAmount | rounded | ifEmpty:'0'}}

Data not available

{{AMFIPerformance[0].R0C0}}

{{AMFIPerformance[0].R1C0}} {{AMFIPerformance[0].R1C1}} {{AMFIPerformance[0].R1C2}} {{AMFIPerformance[0].R1C3}} {{AMFIPerformance[0].R1C4}} {{AMFIPerformance[0].R1C5}} {{AMFIPerformance[0].R1C6}} {{AMFIPerformance[0].R1C7}}
{{AMFIPerformance[0].R2C0}} {{AMFIPerformance[0].R2C1}}
{{AMFIPerformance[0].R2C0}} {{AMFIPerformance[0].R2C1}}
{{AMFIPerformance[0].R2C2}} {{AMFIPerformance[0].R2C3}}
{{AMFIPerformance[0].R2C4}} {{AMFIPerformance[0].R2C5}}
{{AMFIPerformance[0].R2C6}} {{AMFIPerformance[0].R2C7}}
{{AMFIPerformance[0].R2C8}} {{AMFIPerformance[0].R2C9}}
{{AMFIPerformance[0].R2C10}} {{AMFIPerformance[0].R2C11}}
{{AMFIPerformance[0].R3C0}}
{{AMFIPerformance[0].R3C1 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R3C2 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R3C3 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R3C4 | rounded | ifEmpty:'0'}} {{AMFIPerformance[0].R3C5 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R3C6 | rounded | ifEmpty:'0'}} {{AMFIPerformance[0].R3C7 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R3C8 | rounded | ifEmpty:'0'}} {{AMFIPerformance[0].R3C9 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R3C10 | rounded | ifEmpty:'0'}} {{AMFIPerformance[0].R3C11 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R4C0}} {{AMFIPerformance[0].R4C1 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R4C2 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R4C3 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R4C4 | rounded | ifEmpty:'0'}} {{AMFIPerformance[0].R4C5 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R4C6 | rounded | ifEmpty:'0'}} {{AMFIPerformance[0].R4C7 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R4C8 | rounded | ifEmpty:'0'}} {{AMFIPerformance[0].R4C9 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R4C10 | rounded | ifEmpty:'0'}} {{AMFIPerformance[0].R4C11 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R5C0}} {{AMFIPerformance[0].R5C1 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R5C2 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R5C3 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R5C4 | rounded | ifEmpty:'0'}} {{AMFIPerformance[0].R5C5 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R5C6 | rounded | ifEmpty:'0'}} {{AMFIPerformance[0].R5C7 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R5C8 | rounded | ifEmpty:'0'}} {{AMFIPerformance[0].R5C9 | rounded | ifEmpty:'0'}}
{{AMFIPerformance[0].R5C10 | rounded | ifEmpty:'0'}} {{AMFIPerformance[0].R5C11 | rounded | ifEmpty:'0'}}
NAV ( ) Per Unit
{{NAVPerUnit}}
{{AMFIPerformance[0].R7C1 | ifEmpty:'0'}} {{AMFIPerformance[0].R7C2 | ifEmpty:'0'}} {{AMFIPerformance[0].R7C3 | ifEmpty:'0'}} {{AMFIPerformance[0].R7C4 | ifEmpty:'0'}} {{AMFIPerformance[0].R7C5 | ifEmpty:'0'}} {{AMFIPerformance[0].R7C6 | ifEmpty:'0'}} {{AMFIPerformance[0].R7C7 | ifEmpty:'0'}}

{{AMFIPerformance[0].Note1}}

Know more about ICICI Prudential Nifty Bank Index Fund

Factsheet

ICICI Prudential Nifty Bank Index Fund

SID & KIM

SID_ICICI Prudential Nifty Bank Index Fund

KIM_ICICI Prudential Nifty Bank Index Fund

Additional documents

Historical Documents

Methodology Links -{{Mothodology}}