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 - 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 Nifty50 Equal Weight Index Fund- Direct Plan - IDCW

Latest NAV

₹16.7269

As of

3 Jun 2026

899 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	+0.48%	+0.14%	+0.35	66 / 296	Q1
1W	-1.38%	-1.13%	-0.26	168 / 296	Q3
2W	+0.12%	+0.01%	+0.11	177 / 296	Q3
1M	-0.47%	-0.63%	+0.16	183 / 296	Q3
3M	-1.13%	-0.19%	-0.94	190 / 291	Q3
6M	-2.36%	-2.63%	+0.27	170 / 285	Q3
YTD	-3.22%	-2.85%	-0.38	168 / 287	Q3
1Y	+5.09%	+0.85%	+4.24	80 / 269	Q2
2Y	+5.54%	+3.09%	+2.45	79 / 188	Q2
3Y	+14.89%	+10.07%	+4.82	34 / 149	Q1
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+14.63%	+6.44%	+8.19	39 / 294	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	-3.22%	-2.86%	-0.36	164 / 282
2025	+13.89%	+5.41%	+8.48	18 / 226
2024	+9.98%	+13.06%	-3.08	64 / 159
2023	+29.92%	+21.46%	+8.46	30 / 121
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

+17.93%

33 windows

min -1.5% · max 44.0%

91% positive

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

3-Year rolling

+16.86%

9 windows

min 14.9% · max 18.4%

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

13.01%

3-year · annualised

Sharpe ratio

0.64

vs risk-free 6.5%

Sortino ratio

1.00

Downside-only deviation

Max drawdown

-18.09%

Sep 2024 → Feb 2025

% positive months

75.0%

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 Top 20 Equal Weight Index Fund - Direct	HDFC	₹9.5781	3 Jun 2026
Nippon India Nifty 500 Equal Weight Index Fund - Direct Plan - IDCW Option	Nippon India	₹9.4121	3 Jun 2026
SBI Nifty100 Low Volatility 30 Index Fund-Direct Plan- Income Cum Distribution Capital Withdrawal Option (IDCW)	SBI	₹9.7711	3 Jun 2026
ICICI Prudential Nifty 200 Momentum 30 Index Fund - Direct Plan - IDCW	ICICI Prudential	₹16.3204	3 Jun 2026
Bandhan Nifty Alpha 50 Index Fund - Direct Plan - IDCW	Bandhan	₹13.6911	3 Jun 2026
Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund-Direct IDCW Payout	Aditya Birla Sun Life	₹10.2370	3 Jun 2026
Motilal Oswal BSE Low Volatility Index Fund-Direct plan	Motilal Oswal	₹15.7841	3 Jun 2026
Kotak Nifty 100 Equal Weight index Fund - Direct Plan - IDCW Option	Kotak	₹10.7610	3 Jun 2026
Edelweiss Nifty 100 Quality 30 Index Fund Direct Plan IDCW	Edelweiss	₹14.1463	3 Jun 2026
DSP Nifty 50 Equal Weight Index Fund - Direct Plan - IDCW	DSP	₹21.9187	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹16.7269
2 Jun 2026	₹16.8094
1 Jun 2026	₹16.7285
29 May 2026	₹16.8613
27 May 2026	₹17.1223
26 May 2026	₹17.0451
25 May 2026	₹17.0674
22 May 2026	₹16.8754
21 May 2026	₹16.8502
20 May 2026	₹16.8040

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 Nifty50 Equal Weight Index Fund- Direct Plan - IDCW is ₹16.7269. It's a Index Fund from ICICI Prudential, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - IDCW has NAV history starting from 04 Oct 2022, a track record of about 3 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 Nifty50 Equal Weight Index Fund- Direct Plan - 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 Nifty50 Equal Weight Index Fund- Direct Plan - IDCW has delivered a absolute return of 5.09% — +4.24 pp ahead of the Index Fund category average of 0.85%. The fund ranks #80 of 269 in its category — the second (Q2) quartile.

Over the trailing 3-year window, ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - IDCW has delivered a CAGR of 14.89% — +4.82 pp ahead of the Index Fund category average of 10.07%. The fund ranks #34 of 149 in its category — the top (Q1) quartile.

ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - 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 Nifty50 Equal Weight Index Fund- Direct Plan - IDCW exactly 3 years ago would be worth approximately ₹151,634 today — a multiplier of 1.52×, based on the 3-year CAGR of 14.89%. The category average over the same window would have grown ₹1 lakh to ₹133,348.

A ₹10,000 monthly SIP in ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - IDCW over the last 3 years — total invested ₹360,000 — would be worth ₹408,634 today. That's an XIRR (money-weighted annualised return) of 8.40%.

ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹408,634 — XIRR 8.40%.

On a 3-year basis, ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - IDCW ranks #34 out of 149 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 10.07%; this fund delivered 14.89%.

The worst peak-to-trough decline ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - IDCW 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 - IDCW averaged 16.86% (best 18.43%, worst 14.89%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.64 — reasonable risk-adjusted performance.

In calendar year 2025, ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - IDCW returned 13.89% — beating the Index Fund category average of 5.41% by 8.48 pp. It ranked #18 of 226 in its category that year.

ICICI Prudential Nifty50 Equal Weight Index Fund- Direct Plan - 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 Nifty50 Equal Weight Index Fund- Direct Plan - 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.