Should I invest in ICICI Prudential Nifty Bank Index Fund?

We don't give personal investment advice. ICICI Prudential Nifty Bank Index Fund - Growth is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding.

ICICI Prudential

ICICI Prudential Nifty Bank Index Fund - Growth

Latest NAV

₹15.1600

As of

3 Jun 2026

1,045 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.13%	+0.28%	-0.15	42 / 70	Q3
1W	-2.51%	-1.03%	-1.48	63 / 66	Q4
2W	+0.54%	+0.07%	+0.47	14 / 64	Q1
1M	-2.02%	-0.94%	-1.07	38 / 62	Q3
3M	-10.26%	-1.73%	-8.53	62 / 62	Q4
6M	-9.60%	-4.34%	-5.26	38 / 62	Q3
YTD	-10.20%	-4.82%	-5.38	46 / 61	Q4
1Y	-3.93%	+0.34%	-4.27	35 / 61	Q3
2Y	+2.46%	+3.20%	-0.74	26 / 54	Q2
3Y	+6.74%	+10.47%	-3.73	44 / 52	Q4
4Y	+10.84%	+11.11%	-0.28	9 / 34	Q2
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+10.36%	+7.72%	+2.65	19 / 70	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-10.20%	-4.82%	-5.38	46 / 61
2025	+16.67%	+7.96%	+8.71	4 / 57
2024	+5.61%	+12.60%	-6.99	51 / 52
2023	+11.32%	+21.36%	-10.04	37 / 46
2022	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+12.38%

40 windows

min -3.9% · max 32.6%

93% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+11.88%

16 windows

min 6.7% · max 17.2%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

13.86%

3-year · annualised

Sharpe ratio

0.07

vs risk-free 6.5%

Sortino ratio

0.10

Downside-only deviation

Max drawdown

-18.37%

Feb 2026 → Mar 2026

% positive months

58.3%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Index Fund

Scheme	Fund house	NAV	As of
HDFC Nifty India Consumption Index Fund - Regular Growth Plan	HDFC	₹9.3253	3 Jun 2026
Nippon India Nifty Auto Index Fund - Direct Plan- Growth Option	Nippon India	₹11.1424	3 Jun 2026
SBI BSE PSU BANK INDEX FUND- Direct Plan- Growth	SBI	₹13.2031	3 Jun 2026
ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth	ICICI Prudential	₹20.9958	3 Jun 2026
Invesco India Nifty Bank Index Fund - Direct Plan - Growth	Invesco	₹9.9747	3 Jun 2026
Bandhan BSE Healthcare Index Fund Direct Plan - Growth	Bandhan	₹10.7220	3 Jun 2026
Aditya Birla Sun Life BSE India Infrastructure Index Fund-Direct Growth	Aditya Birla Sun Life	₹9.5100	3 Jun 2026
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth	Motilal Oswal	₹16.4405	3 Jun 2026
Kotak BSE Housing Index Fund - Regular Plan - Growth Option	Kotak	₹12.2530	3 Jun 2026
DSP Nifty Bank Index Fund - Direct - Growth	DSP	₹11.1324	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹15.1600
2 Jun 2026	₹15.0286
1 Jun 2026	₹15.0089
29 May 2026	₹15.1763
27 May 2026	₹15.3487
26 May 2026	₹15.4159
25 May 2026	₹15.4723
22 May 2026	₹15.1274
21 May 2026	₹14.9555
20 May 2026	₹14.9901

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of ICICI Prudential Nifty Bank Index Fund - Growth is ₹15.1600. It's a Index Fund from ICICI Prudential, run as a Unknown plan Growth option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Nifty Bank Index Fund - Growth has NAV history starting from 03 Mar 2022, a track record of about 4 years 3 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

ICICI Prudential Nifty Bank Index Fund - Growth is managed by ICICI Prudential. It's classified by AMFI under the 'Index Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ICICI Prudential Nifty Bank Index Fund - Growth has delivered a absolute return of -3.93% — -4.27 pp behind the Index Fund category average of 0.34%. The fund ranks #35 of 61 in its category — the third (Q3) quartile.

Over the trailing 3-year window, ICICI Prudential Nifty Bank Index Fund - Growth has delivered a CAGR of 6.74% — -3.73 pp behind the Index Fund category average of 10.47%. The fund ranks #44 of 52 in its category — the bottom (Q4) quartile.

ICICI Prudential Nifty Bank Index Fund - Growth doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in ICICI Prudential Nifty Bank Index Fund - Growth exactly 3 years ago would be worth approximately ₹121,603 today — a multiplier of 1.22×, based on the 3-year CAGR of 6.74%. The category average over the same window would have grown ₹1 lakh to ₹134,808.

A ₹10,000 monthly SIP in ICICI Prudential Nifty Bank Index Fund - Growth over the last 3 years — total invested ₹360,000 — would be worth ₹379,761 today. That's an XIRR (money-weighted annualised return) of 3.50%.

ICICI Prudential Nifty Bank Index Fund - Growth doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹379,761 — XIRR 3.50%.

On a 3-year basis, ICICI Prudential Nifty Bank Index Fund - Growth ranks #44 out of 52 funds in the Index Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 10.47%; this fund delivered 6.74%.

The worst peak-to-trough decline ICICI Prudential Nifty Bank Index Fund - Growth has experienced over the last 3-year window is 18.37% — its NAV fell from a high on 18 Feb 2026 to a low on 31 Mar 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, ICICI Prudential Nifty Bank Index Fund - Growth averaged 11.88% (best 17.23%, worst 6.74%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.07 — weak risk-adjusted performance.

In calendar year 2025, ICICI Prudential Nifty Bank Index Fund - Growth returned 16.67% — beating the Index Fund category average of 7.96% by 8.71 pp. It ranked #4 of 57 in its category that year.

ICICI Prudential Nifty Bank Index Fund - Growth doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. ICICI Prudential Nifty Bank Index Fund - Growth is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.