Should I invest in ICICI Prudential Nifty50 Equal Weight Index Fund?

We don't give personal investment advice. ICICI Prudential Nifty50 Equal Weight 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 Nifty50 Equal Weight Index Fund- Direct Plan - Growth

Latest NAV

₹17.1417

As of

17 Jul 2026

930 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	+0.74%	+0.21%	+0.53	72 / 353	Q1
1W	+0.20%	-0.05%	+0.25	86 / 353	Q1
2W	-0.43%	+0.24%	-0.67	292 / 353	Q4
1M	+0.90%	+0.78%	+0.12	157 / 353	Q2
3M	+1.54%	+2.20%	-0.66	207 / 350	Q3
6M	-0.43%	+1.36%	-1.79	235 / 336	Q3
YTD	-1.31%	+0.54%	-1.85	231 / 333	Q3
1Y	+4.62%	+2.69%	+1.92	157 / 318	Q2
2Y	+3.18%	+3.33%	-0.14	116 / 213	Q3
3Y	+13.46%	+10.79%	+2.66	47 / 172	Q2
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+14.71%	+7.52%	+7.19	46 / 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	-1.31%	+0.51%	-1.82	229 / 331
2025	+13.89%	+6.05%	+7.84	26 / 260
2024	+9.98%	+14.12%	-4.13	83 / 180
2023	+29.92%	+21.09%	+8.83	30 / 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

+18.19%

35 windows

min -0.9% · max 45.5%

97% positive

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

3-Year rolling

+16.81%

10 windows

min 13.5% · max 18.9%

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

11.74%

3-year · annualised

Sharpe ratio

0.58

vs risk-free 6.5%

Sortino ratio

0.99

Downside-only deviation

Max drawdown

-18.09%

Sep 2024 → Feb 2025

% positive months

66.7%

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 100 Equal Weight Index Fund - Direct Plan - Growth Option	HDFC	₹17.5052	17 Jul 2026
Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - Growth Option	Nippon India	₹9.8508	17 Jul 2026
SBI Nifty100 Low Volatility 30 Index Fund- Direct Plan- Growth	SBI	₹10.1908	17 Jul 2026
ICICI Prudential Nifty 200 Momentum 30 Index Fund - Direct Plan - Growth	ICICI Prudential	₹16.4297	17 Jul 2026
Bandhan Nifty 200 Quality 30 Index Fund - Direct Plan - Growth	Bandhan	₹9.5473	17 Jul 2026
Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund-Direct Growth	Aditya Birla Sun Life	₹10.6277	17 Jul 2026
Motilal Oswal Nifty 500 Momentum 50 Index Fund-Direct Plan-Growth	Motilal Oswal	₹8.1892	17 Jul 2026
Kotak Nifty 100 Equal Weight Index Fund - Direct Plan - Growth	Kotak	₹11.0600	17 Jul 2026
Edelweiss Nifty 100 Quality 30 Index Fund Direct Plan Growth	Edelweiss	₹14.5392	17 Jul 2026
DSP Nifty 50 Equal Weight Index Fund - Direct Plan - Growth	DSP	₹27.4672	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹17.1417
16 Jul 2026	₹17.0155
15 Jul 2026	₹17.0166
14 Jul 2026	₹17.0021
13 Jul 2026	₹17.1265
10 Jul 2026	₹17.1072
9 Jul 2026	₹16.9456
8 Jul 2026	₹16.8966
7 Jul 2026	₹17.2348
6 Jul 2026	₹17.2578

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 Nifty50 Equal Weight Index Fund- Direct Plan - Growth is ₹17.1417. 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 Nifty50 Equal Weight Index Fund- Direct Plan - Growth has NAV history starting from 04 Oct 2022, a track record of about 3 years 9 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 Nifty50 Equal Weight 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 Nifty50 Equal Weight Index Fund- Direct Plan - Growth has delivered a absolute return of 4.62% — +1.92 pp ahead of the Index Fund category average of 2.69%. The fund ranks #157 of 318 in its category — the second (Q2) quartile.

Over the trailing 3-year window, ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - Growth has delivered a CAGR of 13.46% — +2.66 pp ahead of the Index Fund category average of 10.79%. The fund ranks #47 of 172 in its category — the second (Q2) quartile.

ICICI Prudential Nifty50 Equal Weight 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 Nifty50 Equal Weight Index Fund- Direct Plan - Growth exactly 3 years ago would be worth approximately ₹146,047 today — a multiplier of 1.46×, based on the 3-year CAGR of 13.46%. The category average over the same window would have grown ₹1 lakh to ₹136,005.

A ₹10,000 monthly SIP in ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - Growth over the last 3 years — total invested ₹360,000 — would be worth ₹408,111 today. That's an XIRR (money-weighted annualised return) of 8.32%.

ICICI Prudential Nifty50 Equal Weight 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 ₹408,111 — XIRR 8.32%.

On a 3-year basis, ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - Growth ranks #47 out of 172 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 10.79%; this fund delivered 13.46%.

The worst peak-to-trough decline ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - Growth has experienced over the last 3-year window is 18.09% — its NAV fell from a high on 27 Sep 2024 to a low on 28 Feb 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 Nifty50 Equal Weight Index Fund- Direct Plan - Growth averaged 16.81% (best 18.85%, worst 13.46%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.58 — reasonable risk-adjusted performance.

In calendar year 2025, ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - Growth returned 13.89% — beating the Index Fund category average of 6.05% by 7.84 pp. It ranked #26 of 260 in its category that year.

ICICI Prudential Nifty50 Equal Weight 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 Nifty50 Equal Weight 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.