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ICICI Prudential Nifty Bank Index Fund - Direct Plan Growth

Index/ETF Data as of Mar 2026 Comparing Feb 2026 → Mar 2026
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Stocks Held
12
Mar 2026
Equity Holdings
₹564.69 Cr
Equity only, excl. debt & cash
Top 5 Weight
78.9%
High concentration
Top 10 Weight
95.0%
High concentration
Changes
15
1 new · 3 exits
Top Sector
Banks
99.8% of portfolio
📋 What Happened This Month ICICI Prudential Nifty Bank Index Fund made 1 new addition and exited 3 stocks this month. The biggest new buy was Kotak Mahindra Bank Limited (Banks) at 8.51% weight. Kotak Mahindra Bank Limited was the biggest exit (Banks), which was held at 9.16%. Among existing holdings, ICICI Bank Limited saw the biggest increase — now at 25.33% of the portfolio. State Bank of India was trimmed the most, now at 8.49%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 99.8%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

1 year history · ICICI Prudential Nifty Bank Index Fund - Direct Plan Growth

1M
-2.84%
3M
-5.90%
6M
-9.10%
1Y
-2.03%
Latest NAV
₹15.62
04 Jun 2026
52W High
₹17.69
-12% from High
52W Low
₹13.67
+14% from Low
Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+17.8%
2024
+6.0%
2023
+12.9%
Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg
14.0%
+ve in 98% windows
36.7% / -2.6%
3Y Rolling Avg
13.9% p.a.
+ve in 100% windows
20.9% / 7.8%
Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff
-11.2%
Rec: Apr 2025 (2 mo)
COVID-19 Crash
Pre-inception
Rec: N/A
2022 Rate Hike
-15.2%
Rec: Aug 2022 (3 mo)
2018 IL&FS
Pre-inception
Rec: N/A
Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)
0.14
Return per unit of risk. >1 is good.
Sortino Ratio (3Y)
0.19
Penalises downside volatility only.
Std Deviation (3Y)
15.6%
Lower = more consistent returns.
NAV Chart ₹15.62 04 Jun 2026
Simple Moving Avg: Click to draw · click again to remove
ICICI Prudential Nifty Bank Index Fund - Direct Plan Growth
Chart shows indexed performance (base = 100). Actual NAV: ₹15.62
Sector Shift Industry allocation month-over-month
Jan 2026 → Feb 2026
Sector Prev Curr ▼ Delta
Banks 99.9% 100.0% ▲ +0.1%
Feb 2026 → Mar 2026
Sector Prev Curr ▼ Delta
Banks 100.0% 99.8% ▼ -0.2%
🟢
Biggest New Buy
Kotak Mahindra Bank Limited
8.51% weight · Banks
🔴
Biggest Exit
Kotak Mahindra Bank Limited
9.16% was held · Banks
↑
Biggest Add
ICICI Bank Limited
+9.20% · now 25.33%
↓
Biggest Trim
State Bank of India
-2.19% · now 8.49%
🤝 Other funds also bought this month
Kotak Mahindra Bank Limited 16 funds
Kotak Mahindra Bank Limited
ICICI Prudential Nifty Private Bank ETF
ICICI Prudential Nifty Bank ETF
ICICI Prudential BSE Sensex ETF + more
👋 Other funds also exited
Kotak Mahindra Bank Limited 38 funds
Kotak Mahindra Bank Limited
HDFC NIFTY Private Bank ETF - Growth Option
ICICI Prudential Nifty Private Bank ETF
ICICI Prudential Nifty Private Bank Index Fund - Direct Plan - Growth + more
Union Bank of India 25 funds
Union Bank of India
Motilal Oswal Nifty MidSmall Financial Services Index Fund - Direct Plan- Growth
Mahindra Manulife Mid Cap Fund - Direct Plan -Growth
ICICI Prudential Nifty Bank ETF + more
Yes Bank Limited 5 funds
Yes Bank Limited
HDFC NIFTY Private Bank ETF - Growth Option
ICICI Prudential Nifty Private Bank Index Fund - Direct Plan - Growth
ICICI Prudential Nifty Bank ETF + more

What Changed?

Comparing Feb 2026 → Mar 2026

Feb 2026 → Mar 2026
🟢 1 New Entry 🔴 3 Exits ↑ 2 Increased ↓ 9 Decreased
#StockSectorWeight (Mar 2026)
1
Kotak Mahindra Bank Limited
₹48.17 Cr
 Banks 8.51%
#StockSectorLast Weight (Feb 2026)
1
Kotak Mahindra Bank Limited
₹64.48 Cr
 Banks 9.16%
2
Union Bank of India
₹17.70 Cr
 Banks 2.51%
3
Yes Bank Limited
₹16.14 Cr
 Banks 2.29%
#StockSectorFeb 2026Mar 2026Change
1
ICICI Bank Limited
₹143.34 Cr
 Banks 16.13% 25.33% +9.20%
2
HDFC Bank Limited
₹159.65 Cr
 Banks 19.69% 28.21% +8.52%
#StockSectorFeb 2026Mar 2026Change
1
State Bank of India
₹48.06 Cr
 Banks 10.68% 8.49% -2.19%
2
The Federal Bank Limited
₹21.49 Cr
 Banks 5.55% 3.80% -1.75%
3
Axis Bank Limited
₹47.43 Cr
 Banks 9.94% 8.38% -1.56%
4
AU Small Finance Bank Limited
₹13.65 Cr
 Banks 3.96% 2.41% -1.55%
5
Canara Bank
₹13.64 Cr
 Banks 3.90% 2.41% -1.49%
6
IndusInd Bank Limited
₹19.46 Cr
 Banks 4.72% 3.44% -1.28%
7
Bank of Baroda
₹19.24 Cr
 Banks 4.45% 3.40% -1.05%
8
IDFC First Bank Limited
₹15.49 Cr
 Banks 3.60% 2.74% -0.86%
9
Punjab National Bank
₹15.07 Cr
 Banks 3.40% 2.66% -0.74%

Full Portfolio

12 stocks — Mar 2026

# Stock Sector Cap Weight & Value
1
HDFC Bank Limited
₹159.65 Cr
 Banks
28.21%
2
ICICI Bank Limited
₹143.34 Cr
 Banks
25.33%
3
Kotak Mahindra Bank Limited
₹48.17 Cr
 Banks
8.51%
4
State Bank of India
₹48.06 Cr
 Banks
8.49%
5
Axis Bank Limited
₹47.43 Cr
 Banks
8.38%
6
The Federal Bank Limited
₹21.49 Cr
 Banks
3.80%
7
IndusInd Bank Limited
₹19.46 Cr
 Banks
3.44%
8
Bank of Baroda
₹19.24 Cr
 Banks
3.40%
9
IDFC First Bank Limited
₹15.49 Cr
 Banks
2.74%
10
Punjab National Bank
₹15.07 Cr
 Banks
2.66%
🏆 Top stocks held by Equity funds
See which stocks all active Equity fund managers are buying — ranked by total value invested
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🏦 ICICI Prudential Mutual Fund — Portfolio & Holdings
See all funds managed by ICICI Prudential Mutual Fund — conviction stocks, monthly entries & exits
→

Disclaimer: Data sourced from individual AMC monthly portfolio disclosures, as mandated by SEBI/AMFI. While we strive for accuracy, errors in parsing or presentation may occasionally occur. This is not investment advice. Please consult a SEBI-registered investment adviser before making any investment decisions.

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