Should I invest in ICICI Prudential Nifty Bank Index Fund?

We don't give personal investment advice. ICICI Prudential Nifty Bank Index Fund - IDCW 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 - IDCW

Latest NAV

₹16.4049

As of

17 Jul 2026

1,076 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	+1.64%	+0.37%	+1.27	4 / 54	Q1
1W	+0.81%	+0.01%	+0.81	8 / 54	Q1
2W	+0.99%	+0.15%	+0.84	6 / 54	Q1
1M	+1.87%	+0.85%	+1.03	8 / 53	Q1
3M	+3.74%	+1.58%	+2.16	7 / 39	Q1
6M	-2.57%	-0.75%	-1.82	23 / 39	Q3
YTD	-1.97%	-1.78%	-0.19	19 / 38	Q2
1Y	+2.93%	+1.31%	+1.62	15 / 37	Q2
2Y	+5.59%	+1.44%	+4.15	8 / 30	Q2
3Y	+8.76%	+10.89%	-2.13	11 / 27	Q2
4Y	+13.24%	+12.78%	+0.46	7 / 21	Q2
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+12.28%	+6.39%	+5.90	10 / 54	Q1

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	-1.97%	-1.88%	-0.10	17 / 36
2025	+16.67%	+6.38%	+10.29	4 / 32
2024	+5.61%	+15.10%	-9.49	27 / 27
2023	+11.32%	+25.25%	-13.93	22 / 27
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

+12.81%

42 windows

min -3.4% · max 32.5%

98% positive

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

3-Year rolling

+12.35%

17 windows

min 6.7% · max 18.8%

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

15.24%

3-year · annualised

Sharpe ratio

0.20

vs risk-free 6.5%

Sortino ratio

0.32

Downside-only deviation

Max drawdown

-18.37%

Feb 2026 → Mar 2026

% positive months

61.1%

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 Realty Index Fund - Direct Plan	HDFC	₹10.2951	17 Jul 2026
Nippon India Nifty Auto Index Fund - Direct Plan- IDCW Option	Nippon India	₹11.6102	17 Jul 2026
SBI BSE PSU BANK INDEX FUND- Direct Plan- Income Distribution Cum Capital Withdrawal Option (IDCW)	SBI	₹13.4370	17 Jul 2026
ICICI Prudential Nifty Auto Index Fund - Direct Plan - IDCW	ICICI Prudential	₹21.8670	17 Jul 2026
Bandhan Nifty IT Index Fund - Direct Plan - IDCW	Bandhan	₹9.9540	17 Jul 2026
Aditya Birla Sun Life BSE India Infrastructure Index Fund-Direct IDCW Payout	Aditya Birla Sun Life	₹9.3857	17 Jul 2026
Motilal Oswal Nifty Bank Index - Regular Plan	Motilal Oswal	₹20.7145	17 Jul 2026
Kotak BSE Housing Index Fund - Regular Plan - IDCW Option	Kotak	₹13.2470	17 Jul 2026
DSP Nifty Healthcare Index Fund - Direct - IDCW	DSP	₹11.5819	17 Jul 2026
Axis Nifty Bank Index Fund - Direct Plan - IDCW Option	Axis	₹12.0906	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹16.4049
16 Jul 2026	₹16.1404
15 Jul 2026	₹16.1899
14 Jul 2026	₹16.1080
13 Jul 2026	₹16.2952
10 Jul 2026	₹16.2723
9 Jul 2026	₹16.0500
8 Jul 2026	₹15.9077
7 Jul 2026	₹16.3157
6 Jul 2026	₹16.3416

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 17 Jul 2026, the NAV of ICICI Prudential Nifty Bank Index Fund - IDCW is ₹16.4049. It's a Index Fund from ICICI Prudential, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Nifty Bank Index Fund - IDCW has NAV history starting from 03 Mar 2022, a track record of about 4 years 4 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 - IDCW 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 - IDCW has delivered a absolute return of 2.93% — +1.62 pp ahead of the Index Fund category average of 1.31%. The fund ranks #15 of 37 in its category — the second (Q2) quartile.

Over the trailing 3-year window, ICICI Prudential Nifty Bank Index Fund - IDCW has delivered a CAGR of 8.76% — -2.13 pp behind the Index Fund category average of 10.89%. The fund ranks #11 of 27 in its category — the second (Q2) quartile.

ICICI Prudential Nifty Bank Index Fund - IDCW 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 - IDCW exactly 3 years ago would be worth approximately ₹128,664 today — a multiplier of 1.29×, based on the 3-year CAGR of 8.76%. The category average over the same window would have grown ₹1 lakh to ₹136,354.

A ₹10,000 monthly SIP in ICICI Prudential Nifty Bank Index Fund - IDCW over the last 3 years — total invested ₹360,000 — would be worth ₹410,474 today. That's an XIRR (money-weighted annualised return) of 8.71%.

ICICI Prudential Nifty Bank Index Fund - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹410,474 — XIRR 8.71%.

On a 3-year basis, ICICI Prudential Nifty Bank Index Fund - IDCW ranks #11 out of 27 funds in the Index Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 10.89%; this fund delivered 8.76%.

The worst peak-to-trough decline ICICI Prudential Nifty Bank Index Fund - IDCW 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 - IDCW averaged 12.35% (best 18.77%, worst 6.68%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.20 — weak risk-adjusted performance.

In calendar year 2025, ICICI Prudential Nifty Bank Index Fund - IDCW returned 16.67% — beating the Index Fund category average of 6.38% by 10.29 pp. It ranked #4 of 32 in its category that year.

ICICI Prudential Nifty Bank Index Fund - IDCW 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 - IDCW 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.