ICICI Prudential Nifty50 Equal Weight Index Fund-
ICICI Prudential Mutual Fund · Index Fund · Direct plan, growth option
NAV (₹), 1 Oct 2026
15.9562
1-day change
-1.20%
1Y return
-3.6%
3Y CAGR
9.6%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 4 Oct 2022 to 1 Oct 2026
Returns vs Index Fund median (265 schemes) and “Factor: equal weight” median (16)
| Period | Scheme | Category median | Factor: equal weight median |
|---|---|---|---|
| 1 month | -7.0% | -6.5% | -7.0% |
| 3 months | -6.0% | -5.1% | -5.9% |
| 6 months | 2.3% | 5.5% | 2.3% |
| Year to date | -7.9% | -6.8% | -7.9% |
| 1 year | -3.6% | -3.0% | -3.6% |
| 3 years (CAGR) | 9.6% | 8.7% | 9.6% |
| 5 years (CAGR) | n/a | 7.6% | 9.9% |
| 7 years (CAGR) | n/a | 11.1% | 15.5% |
| 10 years (CAGR) | n/a | 10.9% | n/a |
| Since first NAV (CAGR) | 11.9% | – | – |
“Factor: equal weight” is MFIC's grouping of Index Fund schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 11.7% | 7.2% |
| 3Y rolling median | 16.6% | 16.3% |
| 3Y rolling worst | 9.6% | 8.4% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 13.7% |
| 5Y rolling worst | n/a | 6.4% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 15.0% | 17.3% |
| Sharpe ratio | 0.26 | 0.21 |
| Sortino ratio | 0.37 | 0.30 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −18.1% | −18.8% |
| Maximum drawdown, last 10Y | n/a | −38.1% |
| Maximum drawdown, last 5Y | n/a | −17.6% |
| Current drawdown | −10.1% | −11.0% |
| Recovery time of worst fall | 308 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.10% a year and the Direct plan's 0.36%, a gap of 0.74%; over the last 3 years the Direct plan returned 0.66 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹18,71,581.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Nishit Patel | Comanage | 3 Oct 2022 |
| Ashwini Bharucha | Comanage | 18 Dec 2024 |
| Venus Ahuja | Comanage | 1 Nov 2025 |
Objective: The objective of the Scheme is 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. This would be done by investing in all the stocks comprising the Nifty50 Equal Weight Index in the same weightage that they represent in Nifty50 Equal Weight Index. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.
Stated asset allocation: • Equity and Equity related securities of companies constituting the underlying index (Nifty50 Equal Weight Index)= 95-100 • Money Market instruments including TREPs* and Units of debt schemes# = 0-5
Benchmark (tier 1): Nifty50 Equal Weight TRI
Minimum application: Rs. 100
Allotment date: 3 Oct 2022
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.36% | 0.46% |
| AUM, whole scheme (₹ crore) | 267 | 175 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -1.5% | -1.1% TRI |
| Return, 3 years (AMFI) | 10.0% | 10.6% TRI |
| Month-ends above category median (3Y CAGR) | 67% | 61% median |
| Month-ends in category top quartile (3Y) | 0% | 16% median |
Official benchmark: NIFTY 50 Equal Weight TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Index Fund Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -7.9% | n/a | – |
| 2025 | 14.3% | n/a | – |
| 2024 | 10.1% | n/a | – |
| 2023 | 30.2% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,13,166 | -10.4% |
| 3 years | ₹3,60,000 | ₹3,70,325 | 1.8% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Index Fund
Plan / option: Direct · Growth
AMFI scheme code: 150639
ISIN: INF109KC10J7
First NAV in MFIC data: 4 Oct 2022
History: 4.0 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| SBI Nifty50 Equal Weight Index Fund | Index Fund | 1.00 | n/a |
| DSP Nifty 50 Equal Weight Index Fund | Index Fund | 1.00 | 9.7% |
| HDFC NIFTY50 Equal Weight Index Fund | Index Fund | 1.00 | 9.6% |
| Aditya Birla Sun Life Nifty 50 Equal Weight index Fund | Index Fund | 1.00 | 9.6% |
| UTI Nifty50 Equal Weight Index Fund | Index Fund | 1.00 | 9.5% |
| BANDHAN NIFTY 100 INDEX FUND | Index Fund | 0.97 | 7.3% |
Questions about ICICI Prudential Nifty50 Equal Weight Index Fund-
- What is the latest NAV of ICICI Prudential Nifty50 Equal Weight Index Fund-?
- The NAV of the Direct plan (growth option) was ₹15.9562 on 1 Oct 2026, as published by AMFI.
- Which category is ICICI Prudential Nifty50 Equal Weight Index Fund- in?
- It is classified as Index Fund in AMFI's daily NAV file; a Index Fund scheme passively tracks a stated index. MFIC compares it with 265 Index Fund schemes (Direct plans).
- What returns has ICICI Prudential Nifty50 Equal Weight Index Fund- delivered?
- Over one year the NAV changed by -3.6%. The 3-year CAGR is 9.6% (category median 8.7%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 16.6%, the lowest was 9.6%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in ICICI Prudential Nifty50 Equal Weight Index Fund-'s NAV?
- The largest peak-to-trough fall in its available history was 18.1%.
- How volatile is ICICI Prudential Nifty50 Equal Weight Index Fund-?
- Its annualised standard deviation of monthly returns over the last 36 months is 15.0%, which is below the Index Fund category median of 17.3%.
- What would a monthly SIP in ICICI Prudential Nifty50 Equal Weight Index Fund- have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,70,325 on 1 Oct 2026, an annualised return (XIRR) of 1.8%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of ICICI Prudential Nifty50 Equal Weight Index Fund-?
- The total expense ratio of the Direct plan is 0.36% a year, as disclosed to AMFI (median of Index Fund Direct plans: 0.46%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is ICICI Prudential Nifty50 Equal Weight Index Fund-?
- Assets under management of the whole scheme were ₹267 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of ICICI Prudential Nifty50 Equal Weight Index Fund-?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of ICICI Prudential Nifty50 Equal Weight Index Fund- and how has it compared?
- Its official benchmark is the NIFTY 50 Equal Weight TRI. Over 3 years AMFI reports a return of 10.0% for this plan against 10.6% for the benchmark total return index. Past performance does not indicate future results.
- How often has ICICI Prudential Nifty50 Equal Weight Index Fund- beaten its category?
- At 67% of the 12 month-ends compared over the last 10 years, its 3-year return was above the median of Index Fund schemes (Direct plans); it was in the top quarter at 0% of them. A typical scheme would show about 50%.
- Who manages ICICI Prudential Nifty50 Equal Weight Index Fund-?
- According to its Scheme Summary Document, ICICI Prudential Nifty50 Equal Weight Index Fund- is managed by Nishit Patel (since 3 Oct 2022), Ashwini Bharucha (since 18 Dec 2024), Venus Ahuja (since 1 Nov 2025).
- What is the minimum investment in ICICI Prudential Nifty50 Equal Weight Index Fund-?
- The minimum application amount is Rs. 100.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -3.6% and the Regular plan's by -4.3%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.