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ICICI Prudential Nifty PSU Bank ETF

Q: What is the NAV of ICICI Prudential Nifty PSU Bank ETF?

As of 05 Oct 2026, the NAV of ICICI Prudential Nifty PSU Bank ETF is ₹81.30 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has ICICI Prudential Nifty PSU Bank ETF delivered?

ICICI Prudential Nifty PSU Bank ETF has returned +5.99% over 1 year, +15.87% per year over 3 years and +25.24% 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.

Q: What is the expense ratio of ICICI Prudential Nifty PSU Bank ETF?

ICICI Prudential Nifty PSU Bank ETF charges an expense ratio of 0.41% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of ICICI Prudential Nifty PSU Bank ETF?

ICICI Prudential Nifty PSU Bank ETF's largest holdings are State Bank Of India (34.0%), Bank Of Baroda (12.1%), Canara Bank (11.6%), Punjab National Bank (10.7%) and Union Bank Of India (9.9%). Holdings are disclosed monthly and change over time.

Q: How risky is ICICI Prudential Nifty PSU Bank ETF?

ICICI Prudential Nifty PSU Bank ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 25.8% and its worst peak-to-trough fall in our sample was -29.7%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.36 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Nifty PSU Bank ETF's 0.36 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of ICICI Prudential Nifty PSU Bank ETF?

ICICI Prudential Nifty PSU Bank ETF is benchmarked against the Nifty PSU Bank TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages ICICI Prudential Nifty PSU Bank ETF?

ICICI Prudential Nifty PSU Bank ETF is managed by Nishit Patel, Ashwini Shinde and Venus Ahuja at ICICI Prudential.

Q: How is ICICI Prudential Nifty PSU Bank ETF taxed?

ICICI Prudential Nifty PSU Bank ETF is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

ICICI Prudential Mutual Fund

NAV

₹81.30

+0.97% 1D

as of 05 Oct 2026

Compare SIP calculator

Performance

+5.58%absolute

52-week rangePrev NAV ₹80.52

Latest ₹81.30

Low ₹76.0722nd percentile of its 52-week rangeHigh ₹99.81

Scorecard

Not rated

How 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 ETF funds (same plan and option) to rank against yet.

PerformanceStrong

3Y CAGR +15.87% · ranks 19 of 109 Other ETFs funds

RiskHigh

Volatility 25.8% vs 16.3% category avg

CostAverage

0.4% expense vs 0.4% category avg

ConsistencyHigh

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

1-year return (+5.99%) beats the Other ETFs average (+1.01%)
3-year return (+15.87%) beats the Other ETFs average (+10.56%)
Ranks #27 of 183 on 1-year return in its Other ETFs cohort
Stronger risk-adjusted returns — Sharpe 0.36 vs 0.21 Other ETFs average
Consistent — positive in 100% of rolling 3-year windows

Concerns

More volatile than its Other ETFs peers (25.8% vs 16.3%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.41%

Category 0.39%▲0.02%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

7.46

Category 22.31▼14.85

Excess return per unit of total volatility (rf = 6.5%)

0.36

Category 0.21▲0.15

Scheme Info

Definitions

Plan

—

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

—

NIL There will be no exit load for units sold through the secondary market on the stock exchanges where the Scheme will be listed.

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Not allowed

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

—

Nifty PSU Bank TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

16 Mar 2023

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-5.90%

Absolute return over the last 3 months (not annualized)

-4.76%

Absolute return over the last 6 months (not annualized)

-1.04%

Absolute return since 1 Jan of this year (not annualized)

-5.70%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+5.99%

3-year annualized return (CAGR)

+15.87%

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+25.24%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

25.83%

Excess return per unit of total volatility (rf = 6.5%)

0.36

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.50

Largest peak-to-trough decline over full history

-29.70%

Benchmark ratios (vs Nifty Bank TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty Bank TRI

8.15%

Sensitivity to Nifty Bank TRI moves; 1 = moves with the index

1.03

How much of the fund's movement Nifty Bank TRI explains

52.1%

Excess return per unit of beta (market risk)

8.74

Active return over the benchmark per unit of tracking error

0.45

Annualized std dev of fund-minus-benchmark returns

16.78%

Fund's share of benchmark gains in up months (100 = matches index)

141.4%

Fund's share of benchmark losses in down months (lower is better)

119.7%

Computed vs the Nifty Bank TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Other ETFs)

Period	Fund	Category avg.	Diff
1M abs	-5.90%	-4.76%	-1.14%
3M abs	-4.76%	-4.29%	-0.47%
6M abs	-1.04%	+4.94%	-5.98%
1Y CAGR	+5.99%	+1.01%	+4.98%
3Y CAGR	+15.87%	+10.56%	+5.31%
5Y CAGR	—	+7.79%	—

Category average across peers in Other ETFs (up to 214 funds with data), 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.

Category rank

Vs 214 peers in Other ETFs

1Y return

+5.99%

Beats 85.7% · rank #27

3Y return

+15.87%

Beats 83.3% · rank #19

5Y return

—

Sharpe

0.36

Beats 67.9% · rank #35

Sortino

0.50

Beats 67.9% · rank #35

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹3.60L

Current value

₹4.05L

Absolute

+12.45%

XIRR

+8.20%

Value vs. invested

ValueInvested

36 monthly installments of ₹10,000 into ICICI Prudential Nifty PSU Bank ETF, 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 Bank TRI	Diff
2026part	-5.70%	-7.52%	+1.82%
2025	+30.70%	+18.31%	+12.39%
2024	+14.91%	+6.24%	+8.67%
2023part	+57.22%	—	—

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.

History points

876

Expense ratio

0.41%

AUM

₹126.36Cr

Portfolio turnover

69%

Exit load

NIL There will be no exit load for units sold through the secondary market on the stock exchanges where the Scheme will be listed.

P/E ratio

7.5

P/B ratio

1.4

Avg market cap

₹3,70,761Cr

P/E & P/B are portfolio-weighted harmonic means across 10 of 12 equity holdings (99% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

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.

Peer comparison · Other ETFs

Compare all


ICICI Prudential Nifty PSU Bank ETFThis fund ICICI Prudential	—	+5.99%	+15.87%	—	7.46	0.41%	₹126.36Cr
HDFC Silver ETF HDFC · Growth	—	+51.56%	+47.81%	—	—	0.50%	₹7,960Cr
ICICI Prudential Silver ETF ICICI Prudential	—	+52.40%	+47.61%	—	—	0.40%	₹15,115Cr
Kotak Silver ETF Kotak Mahindra	—	+52.29%	+47.52%	—	—	0.35%	₹3,625Cr
Nippon India Silver ETF Nippon India · Direct · Growth	—	+51.91%	+47.19%	—	—	0.58%	₹31,737Cr
Motilal Oswal Nasdaq 100 ETF Motilal Oswal	—	+33.71%	+33.90%	+21.91%	—	0.60%	—

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap87.0%
Mid cap10.5%
Small cap2.5%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity100.00%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Groww Nifty PSU Bank Index Fund Groww · Index Funds	100.0%	—	1.32%	—
Nippon India ETF Nifty PSU Bank BeES Nippon India · Other ETFs	100.0%	—	0.51%	+15.69%
SBI BSE PSU Bank Index Fund SBI · Index Funds	91.4%	★★★★☆	0.40%	—
Aditya Birla Sun Life PSU Equity Fund Aditya Birla Sun Life · Sectoral/ Thematic	32.9%	★★★★☆	0.77%	+17.79%
kotak BSE PSU Index Fund Kotak Mahindra · Index Funds	31.6%	★★☆☆☆	0.46%	—
SBI PSU Fund SBI · Sectoral/ Thematic	25.9%	★★★☆☆	0.98%	+18.49%
Motilal Oswal BSE Enhanced Value Index Fund Motilal Oswal · Index Funds	25.1%	★★★★☆	0.55%	+18.82%
ICICI Prudential PSU Equity Fund ICICI Prudential · Sectoral/ Thematic	24.3%	★★★★☆	1.28%	+19.13%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-29.7%03 Jun 2024 → 03 Mar 2025
Fell over 9 months, back to the old high on 27 Oct 2025 — 8 months under water after the low.
-20.3%26 Feb 2026 → 31 Mar 2026
Still below that high — 33 days down, and no recovery yet.
-12.2%03 Oct 2023 → 26 Oct 2023
Fell over 23 days, back to the old high on 05 Dec 2023 — 40 days under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹126.36Cr

April - June 2026

+12%

since January - March 2026

+₹26.75Cr

est. net flow, last quarter

At or near its largest, ₹126.36Cr 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.

Launched

11 Oct 1993

Total AUM

₹11,14,544Cr+1.0% QoQ

Avg AUM · April - June 2026

Website

icicipruamc.com

Fund Managers

NPNishit PatelStart date not disclosed

Role

Fund Manager – Passive Funds

Education

Chartered Analyst (CFA) (Level I), Chartered and B.Com

Experience

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. •

Funds managed (58)

All schemes Nishit Patel runs →

ASAshwini ShindeStart date not disclosed

Role

Manager - Dealer Support

Total experience

Over 6 years

Education

Bachelor of Commerce (B.Com), Master of Commerce (M.Com) from Mumbai University and Inter CA

Experience

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.

Funds managed (57)

All schemes Ashwini Shinde runs →

VAVenus AhujaStart date not disclosed

Role

Dealer – ETF

Total experience

Over 3 years

Education

Chartered Accountant and B.Com

Experience

Ahuja has appointed as the Fund effect from dealer in the Company Asset Company – Investment August 6

Funds managed (34)

All schemes Venus Ahuja runs →

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.

Explore from here

Fund managers

Nishit Patel Ashwini Shinde Venus Ahuja

Top holdings

State Bank Of India Bank Of Baroda Canara Bank Punjab National Bank Union Bank Of India Indian Bank Bank Of India Bank Of Maharashtra Central Bank Of India Indian Overseas Bank UCO Bank Punjab & Sind Bank

ICICI Prudential in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

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 PSU Bank ETF?

As of 05 Oct 2026, the NAV of ICICI Prudential Nifty PSU Bank ETF is ₹81.30 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has ICICI Prudential Nifty PSU Bank ETF delivered?

ICICI Prudential Nifty PSU Bank ETF has returned +5.99% over 1 year, +15.87% per year over 3 years and +25.24% 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 PSU Bank ETF?

ICICI Prudential Nifty PSU Bank ETF charges an expense ratio of 0.41% 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 PSU Bank ETF?

ICICI Prudential Nifty PSU Bank ETF's largest holdings are State Bank Of India (34.0%), Bank Of Baroda (12.1%), Canara Bank (11.6%), Punjab National Bank (10.7%) and Union Bank Of India (9.9%). Holdings are disclosed monthly and change over time.

How risky is ICICI Prudential Nifty PSU Bank ETF?

ICICI Prudential Nifty PSU Bank ETF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 25.8% and its worst peak-to-trough fall in our sample was -29.7%. 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 0.36 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. ICICI Prudential Nifty PSU Bank ETF's 0.36 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of ICICI Prudential Nifty PSU Bank ETF?

ICICI Prudential Nifty PSU Bank ETF is benchmarked against the Nifty PSU Bank TRI. Its alpha and beta on this page are measured against that index.

Who manages ICICI Prudential Nifty PSU Bank ETF?

ICICI Prudential Nifty PSU Bank ETF is managed by Nishit Patel, Ashwini Shinde and Venus Ahuja at ICICI Prudential.

How is ICICI Prudential Nifty PSU Bank ETF taxed?

ICICI Prudential Nifty PSU Bank ETF is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.