ICICI Pru Nifty Bank Index Fund - Direct (G)

You can invest in ICICI Pru Nifty Bank Index Fund - Direct (G) through a lump sum investment or a monthly SIP. The minimum lump sum investment is ₹1,000 and the minimum SIP amount is ₹1,000.

The latest NAV of ICICI Pru Nifty Bank Index Fund - Direct (G) is ₹16.06.

ICICI Pru Nifty Bank Index Fund - Direct (G) manages assets worth ₹793.57 Cr.

The expense ratio of ICICI Pru Nifty Bank Index Fund - Direct (G) is 0.23%.

The exit load applicable on ICICI Pru Nifty Bank Index Fund - Direct (G) is Nil..

As per the riskometer, ICICI Pru Nifty Bank Index Fund - Direct (G) carries Very High risk.

ICICI Pru Nifty Bank Index Fund - Direct (G) is managed by ICICI Prudential Mutual Fund.

ICICI Pru Nifty Bank Index Fund - Direct (G) belongs to the Index Fund category.

ICICI Pru Nifty Bank Index Fund - Direct (G) is benchmarked against the Nifty Bank TRI.

ICICI Pru Nifty Bank Index Fund - Direct (G) has no lock-in period, so units can be redeemed at any time subject to the applicable exit load.

ICICI Pru Nifty Bank Index Fund - Direct (G) was launched on 02 Mar 2022.

After the initial investment, you can invest in ICICI Pru Nifty Bank Index Fund - Direct (G) in further multiples of ₹1,000.

The objective of the Scheme is to invest in companies whose securities are included in Nifty Bank Index and subject to tracking errors, to endeavor to achieve the returns of the above index. This would be done by investing in all the stocks comprising the Nifty Bank Index in the same weightage that they represent in Nifty Bank Index. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.