ICICI Prudential Nifty Pharma Index Fund
This is the Direct plan of ICICI Prudential Nifty Pharma Index Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.
Performance
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Index funds (same plan and option) to rank against yet.
Not enough Index Funds peers to rank yet
Volatility 15.0% (no category average yet)
0.5% expense (no category average yet)
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Consistent — positive in 100% of rolling 3-year windows
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Index Funds)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -1.39% | — | — |
| 3M abs | +1.59% | — | — |
| 6M abs | +19.89% | — | — |
| 1Y CAGR | +20.08% | — | — |
| 3Y CAGR | +20.30% | — | — |
| 5Y CAGR | — | — | — |
Category average across peers in Index Funds, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
36 monthly installments of ₹10,000 into ICICI Prudential Nifty Pharma Index Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty 500 TRI | Diff | |
|---|---|---|---|---|
| 2026part | +15.17% | -7.18% | +22.35% | |
| 2025 | -2.59% | +7.94% | -10.53% | |
| 2024 | +38.82% | +16.43% | +22.39% | |
| 2023 | +32.86% | +27.43% | +5.43% | |
| 2022part | -1.68% | — | — |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity99.93%
- Cash & Equivalents0.07%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹121.63Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
ICICI Prudential Mutual Fund is a joint venture between ICICI Bank and Prudential plc of the UK, in business since 1993. It is among India's largest houses by assets and runs one of the industry's widest scheme line-ups across equity, debt and hybrid.
Fund Managers
NPNishit PatelStart date not disclosed
Fund Manager – Passive Funds
Chartered Analyst (CFA) (Level I), Chartered and B.Com
Mr. Nishit joined ICICI Prudential Asset Management Company Limited in November 2017. He has over 7 years of experience. Past Experience: ~ ICICI Prudential Asset Management Company Limited – ETF Business - November 2017 – January 2020. •
- Bharat 22 ETF
- ICICI Prudential BHARAT 22 FOF
- ICICI Prudential BSE 500 ETF FOF
- ICICI Prudential BSE Insurance ETF
- ICICI Prudential BSE Sensex ETF
- ICICI Prudential BSE Sensex Index Fund
- ICICI Prudential Gold ETF
- ICICI Prudential Gold ETF FOF
- ICICI Prudential Nifty 100 Low Volatility 30 ETF
- ICICI Prudential Nifty 200 Momentum 30 ETF
- ICICI Prudential Nifty 200 Momentum 30 Index Fund
- ICICI Prudential Nifty 200 Quality 30 ETF
- ICICI Prudential Nifty 50 ETF
- ICICI Prudential Nifty 50 Index Fund
- ICICI Prudential Nifty 500 Index Fund
- ICICI Prudential Nifty Alpha Low- Volatility 30 ETF
- ICICI Prudential Nifty Auto ETF
- ICICI Prudential Nifty Auto Index Fund
- ICICI Prudential Nifty Bank Index Fund
- ICICI Prudential Nifty Commodities ETF
- ICICI Prudential Nifty EV & New Age Automotive ETF
- ICICI Prudential Nifty EV & New Age Automotive ETF FOF
- ICICI Prudential Nifty Financial Services Ex-Bank ETF
- ICICI Prudential Nifty FMCG ETF
- ICICI Prudential Nifty Healthcare ETF
- ICICI Prudential Nifty India Consumption ETF
- ICICI Prudential Nifty Infrastructure ETF
- ICICI Prudential Nifty IT ETF
- ICICI Prudential Nifty IT Index Fund
- ICICI Prudential Nifty LargeMidcap 250 Index Fund
- ICICI Prudential Nifty Metal ETF
- ICICI Prudential Nifty Next 50 ETF
- ICICI Prudential Nifty Next 50 Index fund
- ICICI Prudential Nifty Oil & Gas ETF
- ICICI Prudential Nifty Private Bank ETF
- ICICI Prudential Nifty Private Bank Index Fund
- ICICI Prudential Nifty PSU Bank ETF
- ICICI Prudential Nifty Smallcap 250 ETF
- ICICI Prudential Nifty Smallcap 250 Index Fund
- ICICI Prudential Nifty Top 15 Equal Weight ETF
- ICICI Prudential Nifty Top 15 Equal Weight Index Fund
- ICICI Prudential Nifty200 Quality 30 Index Fund
- ICICI Prudential Nifty200 Value 30 ETF
- ICICI Prudential Nifty200 Value 30 Index Fund
- ICICI Prudential Nifty50 Equal Weight Index Fund
- ICICI Prudential Nifty50 Value 20 Index Fund
- ICICI Prudential Passive Multi-Asset Fund of Funds
- ICICI PRUDENTIAL SILVER ETF
- ICICI Prudential Silver ETF FOF
- ICICI Prudential BSE 500 ETF
- ICICI Prudential BSE Midcap Select ETF
- ICICI Prudential Nifty 100 ETF
- ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF - Direct Plan - Growth
- ICICI Prudential Nifty Alpha Low - Volatility 30 ETF FOF - Direct Plan - Growth
- ICICI Prudential Nifty Bank ETF
- ICICI Prudential Nifty Midcap 150 ETF
- ICICI Prudential Nifty Midcap 150 Index Fund - Direct Plan - Growth
- ICICI Prudential Nifty50 Value 20 ETF
ASAshwini ShindeStart date not disclosed
Manager - Dealer Support
Over 6 years
Bachelor of Commerce (B.Com), Master of Commerce (M.Com) from Mumbai University and Inter CA
During November 2024, Ms. Ashwini was appointed as fund manager for certain passive schemes. Prior to this she was working as the Deputy Manager Dealer Support in the Investment Department of ICICI Prudential Asset Management Company Limited w.e.f. August 1, 2024. Past Experience: ~ ICICI Prudential Asset Management Company Limited - Treasury Mutual Fund Operations - March 14, 2016 to January 30, 2020 ~ ICICI Prudential Asset Management Company Limited - Treasury Mutual ICICI Prudential Nifty IT ETF Fund Operations - August 3, 2021 to July 31, 2024.
- Bharat 22 ETF
- ICICI Prudential BHARAT 22 FOF
- ICICI Prudential BSE 500 ETF FOF
- ICICI Prudential BSE Insurance ETF
- ICICI Prudential BSE Midcap Select ETF
- ICICI Prudential BSE Sensex ETF
- ICICI Prudential BSE Sensex Index Fund
- ICICI Prudential Gold ETF
- ICICI Prudential Gold ETF FOF
- ICICI Prudential Nifty 100 Low Volatility 30 ETF
- ICICI Prudential Nifty 100 Low Volatility 30 ETF FOF
- ICICI Prudential Nifty 200 Momentum 30 ETF
- ICICI Prudential Nifty 200 Momentum 30 Index Fund
- ICICI Prudential Nifty 200 Quality 30 ETF
- ICICI Prudential Nifty 50 ETF
- ICICI Prudential Nifty 50 Index Fund
- ICICI Prudential Nifty 500 Index Fund
- ICICI Prudential Nifty Alpha Low - Volatility 30 ETF FOF
- ICICI Prudential Nifty Alpha Low- Volatility 30 ETF
- ICICI Prudential Nifty Auto ETF
- ICICI Prudential Nifty Auto Index Fund
- ICICI Prudential Nifty Bank ETF
- ICICI Prudential Nifty Bank Index Fund
- ICICI Prudential Nifty Commodities ETF
- ICICI Prudential Nifty EV & New Age Automotive ETF
- ICICI Prudential Nifty EV & New Age Automotive ETF FOF
- ICICI Prudential Nifty Financial Services Ex-Bank ETF
- ICICI Prudential Nifty FMCG ETF
- ICICI Prudential Nifty Healthcare ETF
- ICICI Prudential Nifty India Consumption ETF
- ICICI Prudential Nifty Infrastructure ETF
- ICICI Prudential Nifty IT ETF
- ICICI Prudential Nifty IT Index Fund
- ICICI Prudential Nifty LargeMidcap 250 Index Fund
- ICICI Prudential Nifty Metal ETF
- ICICI Prudential Nifty Midcap 150 ETF
- ICICI Prudential Nifty Next 50 ETF
- ICICI Prudential Nifty Next 50 Index fund
- ICICI Prudential Nifty Oil & Gas ETF
- ICICI Prudential Nifty Private Bank Index Fund
- ICICI Prudential Nifty PSU Bank ETF
- ICICI Prudential Nifty Smallcap 250 ETF
- ICICI Prudential Nifty Smallcap 250 Index Fund
- ICICI Prudential Nifty Top 15 Equal Weight ETF
- ICICI Prudential Nifty Top 15 Equal Weight Index Fund
- ICICI Prudential Nifty200 Quality 30 Index Fund
- ICICI Prudential Nifty200 Value 30 ETF
- ICICI Prudential Nifty200 Value 30 Index Fund
- ICICI Prudential Nifty50 Equal Weight Index Fund
- ICICI Prudential Nifty50 Value 20 ETF
- ICICI Prudential Nifty50 Value 20 Index Fund
- ICICI Prudential Silver ETF FOF
- ICICI Prudential BSE 500 ETF
- ICICI Prudential Nifty 100 ETF
- ICICI Prudential Nifty Midcap 150 Index Fund - Direct Plan - Growth
- ICICI Prudential Nifty Private Bank ETF
- ICICI PRUDENTIAL SILVER ETF
VAVenus AhujaStart date not disclosed
Dealer – ETF
Over 3 years
Chartered Accountant and B.Com
Ahuja has appointed as the Fund effect from dealer in the Company Asset Company – Investment August 6
- ICICI Prudential BSE Insurance ETF
- ICICI Prudential Gold ETF
- ICICI Prudential Gold ETF FOF
- ICICI Prudential Nifty Private Bank Index Fund
- ICICI Prudential Nifty Smallcap 250 ETF
- ICICI Prudential Nifty Top 15 Equal Weight Index Fund
- ICICI Prudential Nifty200 Value 30 ETF
- ICICI Prudential Nifty50 Value 20 Index Fund
- BHARAT 22 ETF - Regular Plan
- ICICI Prudential BSE 500 ETF
- ICICI Prudential BSE Midcap Select ETF
- ICICI Prudential BSE Sensex ETF
- ICICI Prudential Nifty 100 ETF
- ICICI Prudential Nifty 100 Low Volatility 30 ETF
- ICICI Prudential Nifty 200 Momentum 30 ETF
- ICICI Prudential Nifty 200 Quality 30 ETF
- ICICI Prudential Nifty 50 ETF
- ICICI Prudential Nifty Alpha Low- Volatility 30 ETF
- ICICI Prudential Nifty Auto ETF
- ICICI Prudential Nifty Bank ETF
- ICICI Prudential Nifty Commodities ETF
- ICICI Prudential Nifty Financial Services Ex-Bank ETF
- ICICI Prudential Nifty FMCG ETF
- ICICI Prudential Nifty Healthcare ETF
- ICICI Prudential Nifty India Consumption ETF
- ICICI Prudential Nifty Infrastructure ETF
- ICICI Prudential Nifty IT ETF
- ICICI Prudential Nifty Midcap 150 ETF
- ICICI Prudential Nifty Next 50 ETF
- ICICI Prudential Nifty Oil & Gas ETF
- ICICI Prudential Nifty Private Bank ETF
- ICICI Prudential Nifty PSU Bank ETF
- ICICI Prudential Nifty50 Value 20 ETF
- ICICI PRUDENTIAL SILVER ETF
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Index funds & ETFs
Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.
Frequently asked questions
What is the NAV of ICICI Prudential Nifty Pharma Index Fund?
As of 05 Oct 2026, the NAV of ICICI Prudential Nifty Pharma Index Fund is ₹20.23 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has ICICI Prudential Nifty Pharma Index Fund delivered?
ICICI Prudential Nifty Pharma Index Fund has returned +20.08% over 1 year, +20.30% per year over 3 years and +20.51% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of ICICI Prudential Nifty Pharma Index Fund?
ICICI Prudential Nifty Pharma Index Fund charges an expense ratio of 0.51% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of ICICI Prudential Nifty Pharma Index Fund?
ICICI Prudential Nifty Pharma Index Fund's largest holdings are Sun Pharmaceutical Industries Ltd. (20.8%), Divi's Laboratories Ltd. (11.9%), Cipla Ltd. (7.8%), Laurus Labs Ltd. (7.4%) and Torrent Pharmaceuticals Ltd. (7.3%). Holdings are disclosed monthly and change over time.
How risky is ICICI Prudential Nifty Pharma Index Fund?
ICICI Prudential Nifty Pharma Index Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.0% and its worst peak-to-trough fall in our sample was -16.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.92 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Nifty Pharma Index Fund's 0.92 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of ICICI Prudential Nifty Pharma Index Fund?
ICICI Prudential Nifty Pharma Index Fund is benchmarked against the Nifty Pharma TRI. Its alpha and beta on this page are measured against that index.
Who manages ICICI Prudential Nifty Pharma Index Fund?
ICICI Prudential Nifty Pharma Index Fund is managed by Nishit Patel, Ashwini Shinde and Venus Ahuja at ICICI Prudential.
How is ICICI Prudential Nifty Pharma Index Fund taxed?
ICICI Prudential Nifty Pharma Index Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.