ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW
Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market. From ICICI Prudential Mutual Fund. It's been running since 3 Mar 2022.
What ₹1 lakh would have become
Based on past returnsThese are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.
Play with a monthly investment
Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.
Vs 500 other funds in Other Scheme - Index Funds
Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.
Year by year
Calendar-year returns. 4 of last 5 years were positive.
Price over time
How the per-unit price has moved. Tap a range to zoom in.
Bumpiness & worst drops
The value swings roughly 16% up or down in a typical year. Finance-speak calls this volatility.
A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.
Similar funds you might want to look at
Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.
Head-to-head comparisons
Side-by-side comparisons of ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW against other index funds.
Technical details (for the pros)
Fund info
- Fund house
- ICICI Prudential Mutual Fund
- Category
- Other Scheme - Index Funds
- Plan
- Direct
- Option
- IDCW
- ISIN (Growth)
- INF109KC12A2
- ISIN (Div re-invest)
- INF109KC13A0
- Fund code
- 149861
- First price on record
- 3 Mar 2022 · 1,111 daily prices
About ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW
ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW is a Other Scheme - Index Funds offered by ICICI Prudential Mutual Fund under the Direct plan with the IDCW option. It has approximately 5 years of NAV track record. The fund falls in the index category — Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.
The current NAV of ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW is ₹16.5730 (as of 4 Sep 2026). Historically, it has delivered 6.55% over the last year, 9.34% CAGR over 3 years. Returns are historical and don't predict future performance.
Over the last three years, the fund's prices have moved with 16.0% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 18.3%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.
Frequently asked
What is the latest NAV of ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW?+
The latest NAV of ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW is ₹16.5730 as of 4 Sep 2026, down 0.02% from the previous day. NAV is updated once a business day after the market close.
What are the returns of ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW?+
ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW has delivered 1-year return 6.55%, 3-year CAGR 9.34%, since-inception CAGR 12.16%. Returns are historical and don't predict future performance — markets move in cycles.
What category does ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW belong to?+
ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW is categorised as Other Scheme - Index Funds. Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.
How risky is ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW?+
Based on its 3-year annualised volatility of 16.0%, ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.
Is ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW a direct plan?+
ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).
How old is ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW?+
ICICI Prudential Nifty Bank Index Fund - Direct Plan - IDCW has NAV history available from 3 Mar 2022 — approximately 5 years of track record and 1,111 daily NAV observations.
Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.