Should I invest in ICICI Prudential Nifty Smallcap 250 Index Fund?

We don't give personal investment advice. ICICI Prudential Nifty Smallcap 250 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 Smallcap 250 Index Fund - Direct Plan - Growth

Latest NAV

₹17.3835

As of

3 Jun 2026

1,126 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	+0.53%	+0.27%	+0.26	52 / 353	Q1
1W	-0.37%	-0.97%	+0.60	139 / 353	Q2
2W	+1.70%	+0.26%	+1.44	22 / 353	Q1
1M	+0.30%	-0.26%	+0.57	115 / 351	Q2
3M	+8.66%	+0.41%	+8.25	21 / 341	Q1
6M	+1.38%	-1.84%	+3.23	145 / 332	Q2
YTD	+1.59%	-2.06%	+3.66	108 / 333	Q2
1Y	+0.05%	+1.97%	-1.93	198 / 306	Q3
2Y	+3.02%	+4.21%	-1.19	129 / 205	Q3
3Y	+18.96%	+11.24%	+7.72	23 / 168	Q1
4Y	+18.24%	+12.60%	+5.64	10 / 77	Q1
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+12.80%	+6.44%	+6.36	59 / 353	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	+1.59%	-2.11%	+3.70	106 / 331
2025	-6.80%	+6.05%	-12.85	238 / 260
2024	+25.44%	+14.12%	+11.33	26 / 180
2023	+47.78%	+21.09%	+26.69	10 / 130
2022	-3.19%	+1.94%	-5.12	45 / 51
2021	—	—	—	—

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

+19.94%

44 windows

min -8.6% · max 68.2%

64% positive

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

3-Year rolling

+20.65%

20 windows

min 13.5% · max 28.6%

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

20.34%

3-year · annualised

Sharpe ratio

0.64

vs risk-free 6.5%

Sortino ratio

1.05

Downside-only deviation

Max drawdown

-26.18%

Sep 2024 → Mar 2025

% positive months

69.4%

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 Midcap 150 Index Fund - Growth Option - Direct Plan	HDFC	₹18.9585	3 Jun 2026
Nippon India Nifty Midcap 150 Index Fund - Direct Plan - Growth Option	Nippon India	₹25.7075	3 Jun 2026
SBI Nifty Midcap 150 Index Fund - Direct Plan - Growth	SBI	₹19.3395	3 Jun 2026
ICICI Prudential Nifty Midcap 150 Index Fund - Direct Plan - Growth	ICICI Prudential	₹19.8542	3 Jun 2026
Bandhan Nifty Midcap 150 Index Fund-Direct Plan-Growth	Bandhan	₹10.1086	3 Jun 2026
Aditya Birla Sun Life Nifty Midcap 150 Index Fund-Direct Growth	Aditya Birla Sun Life	₹25.1054	3 Jun 2026
Motilal Oswal Nifty Next 50 Index Fund - Direct plan - Growth	Motilal Oswal	₹25.0599	3 Jun 2026
KOTAK NIFTY MIDCAP 150 INDEX FUND-DIRECT PLAN-GROWTH	Kotak	₹11.4090	3 Jun 2026
Edelweiss Nifty Next 50 Index Fund - Direct Plan - Growth	Edelweiss	₹16.2680	3 Jun 2026
DSP Nifty Midcap 150 Index Fund - Direct - Growth	DSP	₹10.1389	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹17.3835
2 Jun 2026	₹17.3757
1 Jun 2026	₹17.2840
29 May 2026	₹17.4227
27 May 2026	₹17.5357
26 May 2026	₹17.4397
25 May 2026	₹17.4057
22 May 2026	₹17.1999
21 May 2026	₹17.2210
20 May 2026	₹17.1004

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 Smallcap 250 Index Fund - Direct Plan - Growth is ₹17.3835. 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 Smallcap 250 Index Fund - Direct Plan - Growth has NAV history starting from 03 Nov 2021, a track record of about 4 years 7 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 Smallcap 250 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 Smallcap 250 Index Fund - Direct Plan - Growth has delivered a absolute return of 0.05% — -1.93 pp behind the Index Fund category average of 1.97%. The fund ranks #198 of 306 in its category — the third (Q3) quartile.

Over the trailing 3-year window, ICICI Prudential Nifty Smallcap 250 Index Fund - Direct Plan - Growth has delivered a CAGR of 18.96% — +7.72 pp ahead of the Index Fund category average of 11.24%. The fund ranks #23 of 168 in its category — the top (Q1) quartile.

ICICI Prudential Nifty Smallcap 250 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 Smallcap 250 Index Fund - Direct Plan - Growth exactly 3 years ago would be worth approximately ₹168,330 today — a multiplier of 1.68×, based on the 3-year CAGR of 18.96%. The category average over the same window would have grown ₹1 lakh to ₹137,648.

A ₹10,000 monthly SIP in ICICI Prudential Nifty Smallcap 250 Index Fund - Direct Plan - Growth over the last 3 years — total invested ₹360,000 — would be worth ₹403,817 today. That's an XIRR (money-weighted annualised return) of 7.59%.

ICICI Prudential Nifty Smallcap 250 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 ₹403,817 — XIRR 7.59%.

On a 3-year basis, ICICI Prudential Nifty Smallcap 250 Index Fund - Direct Plan - Growth ranks #23 out of 168 funds in the Index Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 11.24%; this fund delivered 18.96%.

The worst peak-to-trough decline ICICI Prudential Nifty Smallcap 250 Index Fund - Direct Plan - Growth has experienced over the last 3-year window is 26.18% — its NAV fell from a high on 23 Sep 2024 to a low on 03 Mar 2025. 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 Smallcap 250 Index Fund - Direct Plan - Growth averaged 20.65% (best 28.62%, worst 13.55%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.64 — reasonable risk-adjusted performance.

In calendar year 2025, ICICI Prudential Nifty Smallcap 250 Index Fund - Direct Plan - Growth returned -6.80% — lagging the Index Fund category average of 6.05% by 12.85 pp. It ranked #238 of 260 in its category that year.

ICICI Prudential Nifty Smallcap 250 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 Smallcap 250 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.