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ICICI Prudential Mutual Fund

ICICI Prudential Nifty Private Bank Index Fund - Growth

★★★★★ TopFund est.

TopFund Score (fallback rating)

  • Calculated by: TopFund — used only when no third-party rating exists for this fund
  • Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis

Full rating methodology →

TopFund Score: 63/100 · Average

How this score is calculated

  • Star rating (35%)3/5
  • 3Y CAGR (30%)—
  • Expense ratio (20%)0.66%
  • AUM (15%)₹54 Cr

Not investment advice — an analytical read of public fund data. Methodology →

ICICI Prudential Mutual Fund · Equity · Sectoral

₹9.84

+0.09 (+0.91%)

AUM: ₹54 Cr

NAV updated 4 days ago

Plan

Direct

Option

Growth

Risk

Very High

Expense Ratio

0.66%

Exit Load

Nil

Fund Manager

Nishit Patel

Inception

Jul 2025

Benchmark

Nifty Private Bank TRI

Sharpe Ratio

-0.22

Std Dev (1Y)

16.69%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

-0.86%

3m

-1.26%

6m

+12.19%

1y

+1.19%

3y

—

5y

—

10y

—

since inception

-2.2%

TopFund's Take on ICICI Prudential Nifty Private Bank Index Fund - Growth

ICICI Prudential Nifty Private Bank Index Fund - Growth sits in the middle of the pack for Sectoral funds, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 63/100.

Cost: At 0.66%, the expense ratio is meaningfully cheaper — about 33% below the Sectoral category average of 0.99% (based on 469 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.22 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 16.69% is fairly typical for Sectoral funds.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Financial 99.98%

Asset Allocation

Equity 99.98%
Repo 0.24%

Frequently Asked Questions about ICICI Prudential Nifty Private Bank Index Fund - Growth

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

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