The current market price of ICICI Prudential Nifty Private Bank ETF is ₹29.27. ETF prices fluctuate during market hours based on demand, supply, and movements in the underlying index or assets.

The ICICI Prudential Nifty Private Bank ETF, managed by ICICI Prudential Asset Management Company Limited, seeks to replicate the NIFTY Private Bank Index, focusing on sector-specific investments for optimal returns. This ETF employs a tracking approach to mirror the Nifty Private Bank TRI, maintaining a low tracking error of just 0.03%, ensuring investors receive returns closely aligned with the benchmark. With an AUM of ₹3179.6 Cr, the fund's top holdings include HDFC Bank Ltd. and ICICI Bank Ltd., showcasing significant concentration risk with over 62% in the top three positions. Performance metrics reveal a 1-year return of +18.8% and a 3-year CAGR of 9.8%, highlighting robust growth potential in the banking sector amid fluctuating market conditions. The fund operates with an expense ratio of 0.15%, reflecting efficient cost management for a fund of its size, and is managed by experienced professionals since early 2021.

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

The expense ratio of ICICI Prudential Nifty Private 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 Private Bank ETF is approximately ₹3,379.40. 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 Private 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 Private Bank ETF is 0.03%. Tracking error measures how closely the ETF’s performance matches its benchmark index over time.

ICICI Prudential Nifty Private Bank ETF has a dividend yield of 0.54%. Dividend treatment depends on the ETF structure and fund house policy.

Based on available data, ICICI Prudential Nifty Private Bank ETF has delivered the following returns: 1-year return: 19.62%. 3-year return: 42.06%. 5-year return: 56.48%. Past performance does not guarantee future results.

Before investing in ICICI Prudential Nifty Private 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.