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ICICIPRAMC - IPRU5008 ETF

BANKIETF

₹52.90-₹0.32 (-0.6%) TodayLast updated on 07 Nov, 2024 | 12:59 IST

ICICIPRAMC - IPRU5008 ETF Chart

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  • Fund overview
  • Returns
  • Composition
  • Events
  • More

Fund overview

About
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Open
₹53.50
Close
₹53.22
Volume
83,748
Avg. traded
₹52.94
Circuit range
₹42.47 - ₹63.70
Day range
₹52.67 - ₹53.50
Year range
₹44.88 - ₹56.45
AUM
₹2,989.08 Cr

Managers

Nishit Patel, +2 more
Launch Date
10 Jul 2019
ICICIPRAMC - IPRU5008

About ICICI Prudential Nifty Bank ETF

  • The ICICI Prudential Nifty Bank ETF is an open-ended fund offered by ICICI Prudential Mutual Fund House.
  • The scheme invests in major banking stocks listed in India.
  • ICICI Prudential Nifty Bank ETF was launched on July 10, 2019.
  • The ETF’s assets under management (AUM) are at ₹2,988.93 crore as of July 31, 2024
  • Nishit Patel is the fund manager of ICICI Prudential Nifty Bank ETF.
  • The ETF units are listed on both exchanges NSE and BSE.
  • One can invest by buying units through a demat account with a registered broker.

Investment Objective & Benchmark

  • The ETF’s investment objective is to provide returns that closely correspond to the total returns of the underlying index.
  • It is benchmarked against the Nifty Bank Total Return Index.
  • The Nifty Bank Index comprises major banks in India, including public and private-sector banks.
  • This index represents the performance of the top companies involved in the banking sector.
  • The portfolio includes a mix of large-cap and mid-cap companies that are market leaders in the sector.
  • For investors with a diversified portfolio, the ICICI Prudential Nifty Bank Index provides an opportunity to access the expanding banking sector in India.
  • A very high-risk investment instrument, the ETF is suitable for those looking at a long-term goal of wealth creation.

Asset Allocation & Portfolio Composition

  • The ETF holds 99.51% of its fund in equity and 0.49% in cash.
  • Fund allocation in this ETF, according to the market capitalisation, is 67.22% in giant, 13.93% in large-cap, 14.87% in mid-cap and 3.98% in small-cap.
  • Sector-wise fund allocation in ETF comprises 99.51% in the finance sector and 0.49% in others.
  • The top 10 company holdings make up 96.63% of this ETF’s asset allocation

Here’s a list of top 10 company holdings in the ETF as of July 31, 2024.

  • HDFC Bank: 27.45%
  • ICICI Bank: 23.95%
  • Kotak Mahindra Bank: 10.27%
  • Axis Bank: 9.29%
  • State Bank of India: 10.49%
  • IndusInd Bank: 5.43%
  • Federal Bank: 2.75%
  • Bank of Baroda: 2.71%
  • Punjab Natl. Bank: 2.12%
  • AU Small Finance: 2.07%

In the last one year, ICICI Prudential Nifty Bank ETF has given a return of 15.77% compared to its benchmark returns of 13.77% as of July 31, 2024.

Since its Inception, the ETF has given an annualised return of 10.72% to its investors.

Key indicators

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Tracking index
Nifty Bank

Expense Ratio

0.15%
Tracking error
0.04%

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Investment checklist: (3/6)
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Liquidity

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Fund size

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Expense Ratio

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Tracking error

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Returns vs FD Rates

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Entry Point

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Returns

Returns vs Benchmark
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  • ETF returns
  • Rolling returns
Compare the returns of this fund with
NIFTY 50
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This ETF

Nifty 50

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ICICIPRAMC - IPRU5008 Shareholder returns

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1 day
+0.49%
1 week
+0.95%
1 month
+1.55%
3 months
+5.22%
1 year
+20.82%
3 years
+35.25%
5 years
+73.86%

ICICIPRAMC - IPRU5008 Price history

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DayOpenCloseChange %
Wed, Nov 6 2024
₹53.17
₹53.22
+0.49%
Tue, Nov 5 2024
₹52.10
₹52.96
+1.63%
Mon, Nov 4 2024
₹52.90
₹52.11
-0.89%
Fri, Nov 1 2024
₹53.75
₹52.58
+0.25%
Thu, Oct 31 2024
₹52.98
₹52.45
-0.51%
Wed, Oct 30 2024
₹53.09
₹52.72
-1.16%
Tue, Oct 29 2024
₹52.28
₹53.34
+2.11%
Mon, Oct 28 2024
₹52.76
₹52.24
+0.93%

Frequently asked questions