The current market price of ICICI Prudential Nifty Bank ETF is ₹62.69. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The ICICI Prudential Nifty Bank ETF, managed by ICICI Prudential Asset Management Company, aims to replicate the Nifty Bank Index, offering sector-specific exposure to banking equities. This ETF employs a tracking strategy focused on minimizing tracking error, with a benchmark of the Nifty Bank TRI, ensuring alignment with index performance. Concentration is evident with top holdings like HDFC Bank Ltd. at 28.5% and ICICI Bank Ltd. at 24.4%, indicating a strong focus on major banking institutions in India. Performance metrics reveal a robust 1Y return of +20.8%, alongside a 3Y CAGR of 11.7% and 5Y CAGR of 14.0%, showcasing consistent growth in a favorable market environment. With a fund size of ₹2975.6 Cr and a low expense ratio of 0.15%, this ETF presents an efficient investment option for those seeking exposure to the banking sector.

ICICI Prudential Nifty Bank ETF is designed to track Nifty Bank TRI, allowing investors to gain exposure to its underlying securities through a single investment.

The expense ratio of ICICI Prudential Nifty Bank ETF is 0.15%. This represents the annual fee charged by the fund house for managing the ETF and is deducted from the fund’s assets.

The Assets Under Management (AUM) of ICICI Prudential Nifty Bank ETF is approximately ₹3,222.56. AUM reflects the total market value of assets managed by the ETF and is often used as an indicator of fund size and liquidity.

ICICI Prudential Nifty Bank ETF is classified under the Very High risk category. The risk level depends on the volatility of the underlying index, market conditions, and asset composition of the ETF.

The tracking error of ICICI Prudential Nifty Bank ETF is 0.02%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

ICICI Prudential Nifty Bank ETF has a dividend yield of 0.98%. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, ICICI Prudential Nifty Bank ETF has delivered the following returns: 1-year return: 26.13%. 3-year return: 52.87%. 5-year return: 76.28%. Past performance does not guarantee future results.

Before investing in ICICI Prudential Nifty Bank ETF, investors generally consider the underlying index, expense ratio, tracking error, risk profile, liquidity, and how the ETF fits within their overall portfolio strategy.