ICICI Prudential Nifty50 Equal Weight Index Fund
Large Cap IndexVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹17.02-0.21%1 day
- Return since launch
- 13.4%
- 52-week range
- ₹15.05 — ₹17.34
- AUM
- ₹249 Cr
ICICI Prudential Nifty50 Equal Weight Index Fund is a Large Cap Index equity fund from ICICI Prudential Mutual Fund with ₹249 Cr under management, launched in 2022. Over three years it has returned 6.3% a year, against 11.6% for its category. The expense ratio is 1.06% and the SEBI riskometer reading is Very High.
Performance
ICICI Prudential Nifty50 Equal Weight Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +2.3% against -2.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.7% | +5.5 pts | 0.2% | 5.0% |
| 2Y | 6.1% | +2.0 pts | 4.1% | 3.1% |
| 3Y | 6.3% | −5.3 pts | 11.6% | 3.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 9.9% | −0.1 pts | 10.0% | 10.9% |
| 3M | -1.1% | −1.0 pts | -0.1% | 1.0% |
| 6M | 3.0% | −1.4 pts | 4.4% | 5.2% |
| 1Y | 2.3% | +2.1 pts | 0.2% | -2.1% |
| 2Y | 4.7% | +2.8 pts | 1.9% | 2.0% |
| 3Y | 12.2% | +0.6 pts | 11.6% | 9.5% |
Since launch (14 Sep 2022): 13.4%
Calendar-year returns
Category average29.4%
9.4%
13.7%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 13.7% | +5.1 pts | 8.6% |
| 2024 | 9.4% | −5.0 pts | 14.4% |
| 2023 | 29.4% | +4.6 pts | 24.8% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.06%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.80%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.25%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 50 Equal Weight TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 1.48 | 5.71 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.99 | 1.27 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.38 | 0.54 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.46 | 0.73 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.91 | 20.40 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
ICICI Prudential Nifty50 Equal Weight Index Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity99.9%
- Other0.1%
Market cap split
- Large96.0%
- Mid4.0%
- P/E
- 16.76
- P/B
- 2.96
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Kotak Mahindra Bank Ltd. | Financial | 2.11% | ₹5.64 Cr | +1.94% | +1.97% | +2.00% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 2.10% | ₹5.61 Cr | +2.05% | +2.04% | +1.94% |
| Interglobe Aviation Ltd. | Services | 2.06% | ₹5.51 Cr | +2.07% | +1.94% | +1.99% |
| Adani Ports and Special Economic Zone Ltd. | Services | 2.06% | ₹5.50 Cr | +2.00% | +2.00% | +2.02% |
| Axis Bank Ltd. | Financial | 2.05% | ₹5.48 Cr | +1.95% | +1.99% | +1.96% |
| Coal India Ltd. | Materials | 2.04% | ₹5.45 Cr | +2.00% | +2.08% | +2.01% |
| ICICI Bank Ltd. | Financial | 2.04% | ₹5.44 Cr | +2.01% | +1.97% | +1.98% |
| Adani Enterprises Ltd. | Services | 2.04% | ₹5.44 Cr | +1.99% | +1.98% | +1.97% |
| Infosys Ltd. | Technology | 2.03% | ₹5.43 Cr | +1.90% | +2.00% | +1.96% |
| Maruti Suzuki India Ltd. | Automobile | 2.03% | ₹5.42 Cr | +2.14% | +2.02% | +1.99% |
| Shriram Finance Ltd | Financial | 2.02% | ₹5.40 Cr | +2.05% | +1.97% | +2.03% |
| NTPC Ltd. | Energy | 2.02% | ₹5.40 Cr | +2.01% | +2.02% | +2.02% |
| Bharat Electronics Ltd. | Capital Goods | 2.02% | ₹5.39 Cr | +2.00% | +1.98% | +2.03% |
| Tata Consultancy Services Ltd. | Technology | 2.02% | ₹5.38 Cr | +1.93% | +2.01% | +1.97% |
| Tech Mahindra Ltd. | Technology | 2.02% | ₹5.38 Cr | +1.93% | +1.97% | +1.96% |
| Bharti Airtel Ltd. | Communication | 2.01% | ₹5.38 Cr | +1.98% | +2.02% | +1.96% |
| Asian Paints Ltd. | Materials | 2.01% | ₹5.37 Cr | +1.98% | +2.00% | +1.98% |
| Trent Ltd. | Services | 2.01% | ₹5.37 Cr | +2.03% | +2.00% | +1.99% |
| Ultratech Cement Ltd. | Materials | 2.01% | ₹5.37 Cr | +1.98% | +2.04% | +2.03% |
| HDFC Life Insurance Co Ltd. | Insurance | 2.01% | ₹5.36 Cr | +1.95% | +2.00% | +2.00% |
| JSW Steel Ltd. | Metals & Mining | 2.01% | ₹5.36 Cr | +2.00% | +2.02% | +2.01% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.01% | ₹5.36 Cr | +1.99% | +2.05% | +1.98% |
| Tata Steel Ltd. | Metals & Mining | 2.01% | ₹5.36 Cr | +1.99% | +2.06% | +1.98% |
| HCL Technologies Ltd. | Technology | 2.00% | ₹5.34 Cr | +1.93% | +2.00% | +1.97% |
| Bajaj Finserv Ltd. | Financial | 2.00% | ₹5.34 Cr | +2.01% | +1.96% | +1.99% |
| ITC Ltd. | Consumer Staples | 2.00% | ₹5.34 Cr | +1.98% | +2.02% | +2.03% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 2.00% | ₹5.33 Cr | +2.02% | +1.95% | +2.07% |
| State Bank of India | Financial | 2.00% | ₹5.33 Cr | +1.99% | +1.94% | +2.05% |
| SBI Life Insurance Company Ltd. | Insurance | 1.99% | ₹5.32 Cr | +2.01% | +1.98% | +2.00% |
| Mahindra & Mahindra Ltd. | Automobile | 1.99% | ₹5.31 Cr | +2.01% | +1.99% | +1.96% |
| Eicher Motors Ltd. | Automobile | 1.99% | ₹5.31 Cr | +1.88% | +1.96% | +2.03% |
| Larsen & Toubro Ltd. | Construction | 1.99% | ₹5.30 Cr | +1.99% | +2.04% | +2.03% |
| BSE Ltd. | Services | 1.98% | ₹5.29 Cr | — | — | — |
| Reliance Industries Ltd. | Energy | 1.98% | ₹5.29 Cr | +1.98% | +1.95% | +2.01% |
| Hindustan Unilever Ltd. | Consumer Staples | 1.98% | ₹5.29 Cr | +1.97% | +2.01% | +2.00% |
| Power Grid Corporation Of India Ltd. | Energy | 1.98% | ₹5.28 Cr | +1.98% | +2.02% | +1.99% |
| Tata Consumer Products Ltd. | Consumer Staples | 1.98% | ₹5.28 Cr | +1.97% | +1.97% | +2.01% |
| Hindalco Industries Ltd. | Metals & Mining | 1.97% | ₹5.27 Cr | +1.97% | +2.11% | +2.07% |
| Bajaj Auto Ltd. | Automobile | 1.97% | ₹5.27 Cr | +2.00% | +2.02% | +1.98% |
| HDFC Bank Ltd. | Financial | 1.97% | ₹5.27 Cr | +2.02% | +1.95% | +2.02% |
| Bajaj Finance Ltd. | Financial | 1.97% | ₹5.26 Cr | +2.04% | +1.93% | +1.99% |
| Cipla Ltd. | Healthcare | 1.97% | ₹5.26 Cr | +2.05% | +2.05% | +2.01% |
| Nestle India Ltd. | Consumer Staples | 1.97% | ₹5.25 Cr | +2.04% | +2.03% | +1.99% |
| Grasim Industries Ltd. | Materials | 1.96% | ₹5.24 Cr | +1.99% | +2.05% | +2.01% |
| Oil And Natural Gas Corporation Ltd. | Energy | 1.96% | ₹5.23 Cr | +1.97% | +2.17% | +2.02% |
| JIO Financial Services Ltd. | Financial | 1.96% | ₹5.22 Cr | +1.99% | +1.97% | +1.97% |
| Eternal Ltd. | Services | 1.96% | ₹5.22 Cr | +2.07% | +1.97% | +1.98% |
| Titan Company Ltd. | Consumer Discretionary | 1.92% | ₹5.13 Cr | +2.04% | +2.07% | +2.01% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.88% | ₹5.02 Cr | +2.03% | +2.04% | +1.96% |
| Max Healthcare Institute Ltd. | Healthcare | 1.88% | ₹5.01 Cr | +2.10% | +2.03% | +1.98% |
| Others | Others | 0.05% | ₹0.14 Cr | -1.41% | -2.38% | -0.74% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Wipro Ltd. | 2.09% | 0.00% | -2.09% |
| BSE Ltd. | 0.00% | 1.98% | +1.98% |
| Eternal Ltd. | 2.53% | 1.96% | -0.57% |
| Bajaj Auto Ltd. | 2.45% | 1.97% | -0.48% |
| Titan Company Ltd. | 2.33% | 1.92% | -0.41% |
| Dr. Reddy's Laboratories Ltd. | 1.72% | 2.10% | +0.38% |
| HCL Technologies Ltd. | 2.33% | 2.00% | -0.33% |
| Adani Ports and Special Economic Zone Ltd. | 1.74% | 2.06% | +0.32% |
| Others | -0.30% | -0.58% | -0.27% |
| ITC Ltd. | 1.74% | 2.00% | +0.26% |
| Trent Ltd. | 1.75% | 2.01% | +0.26% |
| Tata Motors Passenger Vehicles Ltd. | 1.75% | 2.00% | +0.25% |
| Coal India Ltd. | 1.80% | 2.04% | +0.24% |
| Bajaj Finserv Ltd. | 2.24% | 2.00% | -0.24% |
| Tata Consultancy Services Ltd. | 2.25% | 2.02% | -0.23% |
| NTPC Ltd. | 1.81% | 2.02% | +0.21% |
| HDFC Bank Ltd. | 1.77% | 1.97% | +0.21% |
| Adani Enterprises Ltd. | 1.84% | 2.04% | +0.20% |
| Axis Bank Ltd. | 1.85% | 2.05% | +0.20% |
| HDFC Life Insurance Co Ltd. | 1.81% | 2.01% | +0.19% |
| Power Grid Corporation Of India Ltd. | 1.79% | 1.98% | +0.19% |
| Tech Mahindra Ltd. | 2.20% | 2.02% | -0.18% |
| Hindustan Unilever Ltd. | 1.80% | 1.98% | +0.18% |
| Nestle India Ltd. | 2.14% | 1.97% | -0.17% |
| Apollo Hospitals Enterprise Ltd. | 2.05% | 1.88% | -0.17% |
| Grasim Industries Ltd. | 2.13% | 1.96% | -0.16% |
| Bajaj Finance Ltd. | 2.11% | 1.97% | -0.14% |
| Shriram Finance Ltd | 2.15% | 2.02% | -0.13% |
| Mahindra & Mahindra Ltd. | 2.11% | 1.99% | -0.12% |
| Tata Consumer Products Ltd. | 1.87% | 1.98% | +0.11% |
| Bharti Airtel Ltd. | 1.91% | 2.01% | +0.11% |
| Tata Steel Ltd. | 1.92% | 2.01% | +0.09% |
| JSW Steel Ltd. | 2.10% | 2.01% | -0.09% |
| Infosys Ltd. | 2.12% | 2.03% | -0.09% |
| Sun Pharmaceutical Industries Ltd. | 2.09% | 2.01% | -0.08% |
| Interglobe Aviation Ltd. | 1.98% | 2.06% | +0.08% |
| Eicher Motors Ltd. | 2.07% | 1.99% | -0.08% |
| Hindalco Industries Ltd. | 2.05% | 1.97% | -0.08% |
| Larsen & Toubro Ltd. | 1.91% | 1.99% | +0.08% |
| Kotak Mahindra Bank Ltd. | 2.04% | 2.11% | +0.07% |
| Reliance Industries Ltd. | 1.92% | 1.98% | +0.06% |
| ICICI Bank Ltd. | 2.09% | 2.04% | -0.05% |
| Oil And Natural Gas Corporation Ltd. | 1.91% | 1.96% | +0.05% |
| SBI Life Insurance Company Ltd. | 1.94% | 1.99% | +0.05% |
| Asian Paints Ltd. | 1.96% | 2.01% | +0.05% |
| JIO Financial Services Ltd. | 2.00% | 1.96% | -0.04% |
| Bharat Electronics Ltd. | 1.98% | 2.02% | +0.04% |
| Ultratech Cement Ltd. | 1.97% | 2.01% | +0.04% |
| Cipla Ltd. | 1.94% | 1.97% | +0.03% |
| State Bank of India | 2.02% | 2.00% | -0.03% |
| Max Healthcare Institute Ltd. | 1.90% | 1.88% | -0.03% |
| Maruti Suzuki India Ltd. | 2.01% | 2.03% | +0.02% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,608 Cr | 0.74% | 8.3% | 6.9% | 12.4% |
 UTI Nifty Next 50 Index Fund | ₹7,295 Cr | 0.90% | 8.4% | 6.9% | 12.3% |
 SBI Nifty Next 50 Index Fund | ₹2,307 Cr | 0.80% | 8.4% | 6.9% | 12.3% |
 DSP Nifty Next 50 Index Fund | ₹1,350 Cr | 1.03% | 8.3% | 6.9% | 12.4% |
 Kotak Nifty Next 50 Index Fund | ₹1,289 Cr | 0.68% | 8.5% | 7.0% | 12.4% |
 Nippon India Nifty Next 50 Junior BeES FoF | ₹801 Cr | 0.30% | 7.6% | 6.8% | 12.5% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme is seeks to invest in companies whose securities are included in Nifty50 Equal Weight Index and subject to tracking errors, to endeavor to achieve the returns of the above index.
Fund managers
- Ashwini Jemin BharuchaB.Com , M.Com , Inter CAPrior to Joining the ICICI Pru Mutual Fund he has worked with ICICI Pru AMC Treasury Mutual Fund Operations,
- Nishit PatelMr. Patel is a B.Com & Chartered AccountantPrior to joining ICICI Prudential Mutual fund, he has worked with K.K.Dand & Co.
- Venus AhujaChartered Accountant and B.ComMr. Venus Ahuja, who was previously part of the Investment Monitoring Team at ICICI AMC, has now been appointed as a Fund Manager and Dealer in the Investments Department of ICICI AMC
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.02% absolute | ₹60,000 | ₹61,812 | 3.02% | |
| 1 year2.25% annualised | ₹1,20,000 | ₹1,21,473 | 1.23% | |
| 3 years12.18% annualised | ₹3,60,000 | ₹4,36,343 | 21.21% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of ICICI Prudential Nifty50 Equal Weight Index Fund?
The NAV of ICICI Prudential Nifty50 Equal Weight Index Fund is ₹17.02 as on 9 Nov 2026.
What is the expense ratio of ICICI Prudential Nifty50 Equal Weight Index Fund?
The expense ratio of ICICI Prudential Nifty50 Equal Weight Index Fund is 1.06% per year.
What is the minimum SIP amount for ICICI Prudential Nifty50 Equal Weight Index Fund?
You can start a SIP in ICICI Prudential Nifty50 Equal Weight Index Fund with ₹3,000 a month.
Is there a lock-in or exit load on ICICI Prudential Nifty50 Equal Weight Index Fund?
Lock-in: None. Exit load: 0%.
How risky is ICICI Prudential Nifty50 Equal Weight Index Fund?
ICICI Prudential Nifty50 Equal Weight Index Fund is rated Very High on the SEBI riskometer and belongs to the Large Cap Index category.
Which fund house manages ICICI Prudential Nifty50 Equal Weight Index Fund?
ICICI Prudential Nifty50 Equal Weight Index Fund is managed by ICICI Prudential Mutual Fund, which runs 109 schemes with ₹12,20,481 Cr under management.