Should I invest in ICICI Prudential Nifty IT Index Fund?

We don't give personal investment advice. ICICI Prudential Nifty IT Index Fund - Direct Plan - 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 IT Index Fund - Direct Plan - Growth

Latest NAV

₹10.3844

As of

17 Jul 2026

961 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	+1.86%	+0.21%	+1.65	4 / 353	Q1
1W	+4.56%	-0.05%	+4.61	1 / 353	Q1
2W	+6.73%	+0.24%	+6.49	1 / 353	Q1
1M	+1.62%	+0.78%	+0.84	61 / 353	Q1
3M	-7.47%	+2.20%	-9.67	344 / 350	Q4
6M	-24.69%	+1.36%	-26.06	332 / 336	Q4
YTD	-22.56%	+0.54%	-23.10	329 / 333	Q4
1Y	-19.74%	+2.69%	-22.44	314 / 318	Q4
2Y	-11.96%	+3.33%	-15.29	211 / 213	Q4
3Y	-0.59%	+10.79%	-11.38	172 / 172	Q4
4Y	+0.95%	+13.23%	-12.28	84 / 84	Q4
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+0.97%	+7.52%	-6.55	300 / 353	Q4

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	-22.56%	+0.51%	-23.07	327 / 331
2025	-10.77%	+6.05%	-16.82	253 / 260
2024	+23.11%	+14.12%	+8.99	40 / 180
2023	+25.84%	+21.09%	+4.75	49 / 130
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

+8.95%

36 windows

min -25.4% · max 41.0%

64% positive

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

3-Year rolling

+6.73%

12 windows

min -0.6% · max 12.5%

92% 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

25.28%

3-year · annualised

Sharpe ratio

-0.14

vs risk-free 6.5%

Sortino ratio

-0.19

Downside-only deviation

Max drawdown

-42.21%

Dec 2024 → Jul 2026

% positive months

55.6%

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 - Direct Growth Plan	HDFC	₹9.8338	17 Jul 2026
Nippon India Nifty Auto Index Fund - Direct Plan- Growth Option	Nippon India	₹11.6102	17 Jul 2026
SBI BSE PSU BANK INDEX FUND- Direct Plan- Growth	SBI	₹13.4372	17 Jul 2026
ICICI Prudential Nifty Auto Index Fund - Direct Plan - Growth	ICICI Prudential	₹21.8671	17 Jul 2026
Invesco India Nifty Bank Index Fund - Direct Plan - Growth	Invesco	₹10.7996	17 Jul 2026
Bandhan BSE Healthcare Index Fund Direct Plan - Growth	Bandhan	₹11.4943	17 Jul 2026
Aditya Birla Sun Life BSE India Infrastructure Index Fund-Direct Growth	Aditya Birla Sun Life	₹9.3858	17 Jul 2026
Motilal Oswal BSE Financials ex Bank 30 Index Fund Direct Growth	Motilal Oswal	₹17.7853	17 Jul 2026
Kotak BSE Housing Index Fund - Direct Plan - Growth Option	Kotak	₹13.4540	17 Jul 2026
DSP Nifty Bank Index Fund - Direct - Growth	DSP	₹12.0542	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹10.3844
16 Jul 2026	₹10.1943
15 Jul 2026	₹10.1271
14 Jul 2026	₹10.1841
13 Jul 2026	₹10.2871
10 Jul 2026	₹9.9315
9 Jul 2026	₹9.7413
8 Jul 2026	₹9.7710
7 Jul 2026	₹9.9069
6 Jul 2026	₹9.6728

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 IT Index Fund - Direct Plan - Growth is ₹10.3844. It's a Index Fund from ICICI Prudential, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Nifty IT Index Fund - Direct Plan - Growth has NAV history starting from 19 Aug 2022, a track record of about 3 years 11 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 IT Index Fund - Direct Plan - 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 IT Index Fund - Direct Plan - Growth has delivered a absolute return of -19.74% — -22.44 pp behind the Index Fund category average of 2.69%. The fund ranks #314 of 318 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, ICICI Prudential Nifty IT Index Fund - Direct Plan - Growth has delivered a CAGR of -0.59% — -11.38 pp behind the Index Fund category average of 10.79%. The fund ranks #172 of 172 in its category — the bottom (Q4) quartile.

ICICI Prudential Nifty IT Index Fund - Direct Plan - 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 IT Index Fund - Direct Plan - Growth exactly 3 years ago would be worth approximately ₹98,249 today — a multiplier of 0.98×, based on the 3-year CAGR of -0.59%. The category average over the same window would have grown ₹1 lakh to ₹136,005.

A ₹10,000 monthly SIP in ICICI Prudential Nifty IT Index Fund - Direct Plan - Growth over the last 3 years — total invested ₹360,000 — would be worth ₹304,335 today. That's an XIRR (money-weighted annualised return) of -10.61%.

ICICI Prudential Nifty IT Index Fund - Direct Plan - Growth doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹304,335 — XIRR -10.61%.

On a 3-year basis, ICICI Prudential Nifty IT Index Fund - Direct Plan - Growth ranks #172 out of 172 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 10.79%; this fund delivered -0.59%.

The worst peak-to-trough decline ICICI Prudential Nifty IT Index Fund - Direct Plan - Growth has experienced over the last 3-year window is 42.21% — its NAV fell from a high on 13 Dec 2024 to a low on 01 Jul 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 IT Index Fund - Direct Plan - Growth averaged 6.73% (best 12.54%, worst -0.59%). 92% of rolling windows ended positive. The 3-year Sharpe ratio is -0.14 — negative risk-adjusted performance.

In calendar year 2025, ICICI Prudential Nifty IT Index Fund - Direct Plan - Growth returned -10.77% — lagging the Index Fund category average of 6.05% by 16.82 pp. It ranked #253 of 260 in its category that year.

ICICI Prudential Nifty IT Index Fund - Direct Plan - 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 IT Index Fund - Direct Plan - 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.