What are the top holdings of ICICI Prudential Nifty Bank Index Fund?

ICICI Prudential Nifty Bank Index Fund holds 14 equity positions; the largest is HDFC Bank Limited at 17.90% of the portfolio, as on May 2026. Information only, not investment advice.

How concentrated is ICICI Prudential Nifty Bank Index Fund?

Its single largest equity position is HDFC Bank Limited, at 17.90% of the fund's disclosed portfolio.

As of when is this ICICI Prudential Nifty Bank Index Fund portfolio?

Portfolio as on May 2026, taken from ICICI Prudential Mutual Fund's public monthly portfolio disclosure.

What is the NAV of ICICI Prudential Nifty Bank Index Fund?

The latest NAV (Net Asset Value) of ICICI Prudential Nifty Bank Index Fund is ₹16.74 per unit, as on May 2026, sourced from AMFI's public scheme data. NAV changes daily with market movements. Information only, not investment advice.

Who manages ICICI Prudential Nifty Bank Index Fund?

ICICI Prudential Nifty Bank Index Fund is managed by Nishit Patel; Ajaykumar Solanki; Ashwini Bharucha; Venus Ahuja, as per AMFI's public disclosure. Fund manager details sourced from Kuvera/AMFI data. Information only, not investment advice.

What is the expense ratio of ICICI Prudential Nifty Bank Index Fund?

ICICI Prudential Nifty Bank Index Fund has a Total Expense Ratio (TER) of 0.13% p.a., as disclosed to AMFI. The TER is the annual cost of running the fund, deducted daily from the NAV. A lower TER means more of the fund's return flows to investors. Information only, not investment advice.

What is the 1-year NAV return of ICICI Prudential Nifty Bank Index Fund?

ICICI Prudential Nifty Bank Index Fund's NAV moved from ₹16.41 (Jul 2025) to ₹16.74 (Jul 2026), a change of 2.0% over approximately one year. NAV data sourced from AMFI. Past performance is not indicative of future returns. Information only, not investment advice.

What is the Sharpe ratio of ICICI Prudential Nifty Bank Index Fund?

Based on roughly 11 months of NAV history, ICICI Prudential Nifty Bank Index Fund has an annualized return of about 2.1% with 16% annualized volatility, giving a Sharpe ratio of -0.28 (assuming a 6.5% risk-free rate). A higher Sharpe ratio means more return per unit of risk taken. Past performance is not indicative of future returns.

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WhoHolds

Index FundVery High RiskICICI Prudential Mutual Fund

ICICI Prudential Nifty Bank Index Fund

Portfolio as on May 2026 · 14 equity positions

Equity positions

Equity value

₹713 Cr

Top holding

17.90%

HDFC Bank Limited

NAV per unit

₹16.74

May 2026

Expense ratio

0.13% p.a.

Fund manager

Nishit Patel; Ajaykumar Solanki; Ashwini Bharucha; Venus Ahuja

Own another fund too? See how much they overlap →

Portfolio Structure & Asset Allocation Analysis

ICICI Prudential Nifty Bank Index Fund is a Index Fund scheme managed by ICICI Pru MF Mutual Fund. As of disclosures dated May 2026, the scheme holds 14 equity positions with an estimated equity AUM of ₹₹713 Cr. The portfolio is anchored by its top conviction bet on HDFC Bank, which commands a weight of 17.90%of the fund's total assets.

From a sector allocation perspective, the fund managers have concentrated their largest bet on Banks, representing 100.00% of the equity portfolio. This is followed by. Under SEBI's guidelines and based on its underlying assets, this scheme carries a Very High Risk risk classification.

Diversification Warning: High sector concentration can increase volatility. If you hold index heavyweights like HDFC Bank directly in your stock portfolio, adding this fund will compound your exposure to them. Ensure your holdings are balanced and check overlap with your existing schemes using our Mutual Fund Overlap Tool.

NAV history

₹16.74 per unit +2.0% vs Jul '25

Last 365 days · daily NAV from AMFI · ICICI Prudential Nifty Bank Index Fund

Performance & risk

Annualized return

+2.1%

Volatility

16%

Sharpe ratio

-0.28

Based on ~11 months of weekly NAV history from AMFI. Volatility is the annualized standard deviation of NAV returns. Sharpe ratio assumes a 6.5% risk-free rate. Past performance does not guarantee future returns — not investment advice.

Sector allocation

14stocks

Banks100%

Top holdings

Top 10 holdings make up 85.9% of the portfolio · top 5 = 60.6%.

14 stocks

#
1	HDFC BankBanks₹127.78 Cr	17.90%	₹127.78 Cr	17.16 L
2	ICICI BankBanks₹97.13 Cr	13.60%	₹97.13 Cr	7.73 L
3	Axis BankBanks₹73.26 Cr	10.26%	₹73.26 Cr	5.69 L
4	Kotak Mahindra BankBanks₹69.90 Cr	9.79%	₹69.90 Cr	18.19 L
5	State Bank of IndiaBanks₹64.64 Cr	9.05%	₹64.64 Cr	6.70 L
6	The Federal BankBanks₹45.49 Cr	6.37%	₹45.49 Cr	15.74 L
7	IndusInd BankBanks₹38.51 Cr	5.39%	₹38.51 Cr	4.21 L
8	AU Small Finance BankBanks₹34.69 Cr	4.86%	₹34.69 Cr	3.52 L
9	Bank of BarodaBanks₹31.86 Cr	4.46%	₹31.86 Cr	11.86 L
10	IDFC First BankBanks₹30.42 Cr	4.26%	₹30.42 Cr	42.65 L
11	Canara BankBanks₹28.39 Cr	3.98%	₹28.39 Cr	21.71 L
12	Yes BankBanks₹26.18 Cr	3.67%	₹26.18 Cr	1.13 Cr
13	Punjab National BankBanks₹23.54 Cr	3.30%	₹23.54 Cr	22.20 L
14	Union Bank of IndiaBanks₹20.89 Cr	2.93%	₹20.89 Cr	12.44 L