Icici Prudential Nifty Bank Etf Overview
Category ETF
BMSMONEY Rank 65
BMSMONEY Rating
Growth Option As On: 22-04-2024
NAV ₹48.35 (R) +0.74% (D) %
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 13.19% -46.47% -% -% -%
LumpSum Dir. P
SIP Reg. P -3.11% -% -% -% -%
SIP Dir. P
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.95 -0.13 -0.48 -64.85% -0.38
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
55.17% -22.49% -90.23% 1.39 51.71%

NAV Date: 22-04-2024

Scheme Name NAV Rupee Change Percent Change
ICICI Prudential Nifty Bank ETF 48.35
0.3500
0.7400%

Review Date: March 28, 2024

Performance of the ICICI Prudential Nifty Bank Etf has been analyzed on 18 performance parameters. Out of six return parameters, the fund has one return parameter in first quartile; whereas zero risk parameters (out of five) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile. Based on this performance ICICI Prudential Nifty Bank Etf has achieved 65 (out of 87 funds), which is poor rank in the ETFs category. Essentially, among its peer group of similar types of funds, it stands in the very good position, a testament to its successful track record. The ETFs category has 87 funds.
Using a composite performance score, our ranking methodology takes into account the fund's return, the risk it carries, and its risk-adjusted performance during the last three years. This composite performance score then becomes the basis for ranking funds within the category.

The ICICI Prudential Nifty Bank Etf has poor return performance, as all 1 year and above return parameters are below average in ETFs category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the ICICI Prudential Nifty Bank Etf has given return of 1.13% in last one month which is very good as it is in the top quartile in ETFs.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the ICICI Prudential Nifty Bank Etf has given return of -2.46% in last three month which is very poor as it is in the fourth quartile in ETFs.
  3. 6 Month Return%: Six month return shows funds performance in short period of time, the ICICI Prudential Nifty Bank Etf has given return of 6.3% in last six month which is poor as it is in the below average in ETFs.
  4. 1 Year Return%: The ICICI Prudential Nifty Bank Etf has given return of 18.91% in last one year which is poor as it is in the below average in ETFs. The one year return rank of ICICI Prudential Nifty Bank Etf is 93 in 129 funds. The investment of ₹ 10,000 in this fund would have become ₹ 11891.0 in one year.
  5. 3 Year Return%: The ICICI Prudential Nifty Bank Etf has given return of -47.92% in last three year which is very poor as it is in the fourth quartile with rank of 80 in 85 funds. in ETFs.
  6. 1 Year SIP Return%: The ICICI Prudential Nifty Bank Etf has given return of 12.38% in last one year which is very poor as it is in the fourth quartile with rank of 92 in 121 funds. in ETFs.
    7. '
'

The ICICI Prudential Nifty Bank Etf has poor risk performance, as non of above risk paramerters are above average ETFs category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The ICICI Prudential Nifty Bank Etf has standard deviation of 55.17 which is very poor as it is in the fourth quartile with risk rank of 45 in 47 funds. in ETFs.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The ICICI Prudential Nifty Bank Etf has semi deviation of 51.71 which is very poor as it is in the fourth quartile with risk rank of 44 in 47 funds. in ETFs.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The ICICI Prudential Nifty Bank Etf has max drawdown of -90.23% which is very poor as it is in the fourth quartile with risk rank of 40 in 47 funds. in ETFs.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The ICICI Prudential Nifty Bank Etf has 1Y VaR at 95% of -22.49% which is very poor as it is in the fourth quartile with risk rank of 43 in 47 funds. in ETFs.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The ICICI Prudential Nifty Bank Etf has average drawdown of -27.48% which is very poor as it is in the fourth quartile with risk rank of 41 in 47 funds. in ETFs.
    6. '
'

The ICICI Prudential Nifty Bank Etf has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in ETFs category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The ICICI Prudential Nifty Bank Etf has Sterling Ratio of -0.48 which is very poor as it is in the fourth quartile with risk rank of 46 in 47 funds. in ETFs.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The ICICI Prudential Nifty Bank Etf has Sortino Ratio of -0.13 which is very poor as it is in the fourth quartile with risk rank of 45 in 47 funds. in ETFs.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The ICICI Prudential Nifty Bank Etf has Jensen Alpha of -64.85% which is very poor as it is in the fourth quartile with risk rank of 40 in 47 funds. in ETFs.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The ICICI Prudential Nifty Bank Etf has Treynor Ratio of -0.38 which is very poor as it is in the fourth quartile with risk rank of 43 in 47 funds. in ETFs.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The ICICI Prudential Nifty Bank Etf has Modigliani Square Measure of -13.66% which is very poor as it is in the fourth quartile with risk rank of 46 in 47 funds. in ETFs.
  6. Alpha %: It is a measure of risk-adjusted return. The ICICI Prudential Nifty Bank Etf has Alpha of -60.31% which is very poor as it is in the fourth quartile with risk rank of 38 in 47 funds. in ETFs.
    7. '
'


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 2.82
1.37
-6.93 | 9.83 29 | 129
Yes
Yes
No
3M Return % 6.42
2.60
-89.66 | 22.92 44 | 129
Yes
No
No
6M Return % 10.98
15.40
-89.34 | 58.25 91 | 127
No
No
No
1Y Return % 13.19
25.68
-88.81 | 102.58 92 | 129
No
No
No
3Y Return % -46.47
7.13
-48.35 | 55.39 81 | 87
No
No
Yes
1Y SIP Return % -3.11
14.56
-9.28 | 93.33 91 | 119
No
No
Yes
Standard Deviation 55.17
24.27
12.87 | 55.65 45 | 47
No
No
Yes
Semi Deviation 51.71
19.82
8.24 | 52.10 44 | 47
No
No
Yes
Max Drawdown % -90.23
-30.26
-91.42 | -8.96 40 | 47
No
No
Yes
VaR 1 Y % -22.49
-16.34
-30.81 | -10.27 43 | 47
No
No
Yes
Average Drawdown % -27.48
-13.05
-91.31 | -3.15 41 | 47
No
No
Yes
Sharpe Ratio -0.95
0.31
-0.98 | 1.22 45 | 47
No
No
Yes
Sterling Ratio -0.48
0.56
-0.49 | 1.77 46 | 47
No
No
Yes
Sortino Ratio -0.13
0.27
-0.15 | 0.74 45 | 47
No
No
Yes
Jensen Alpha % -64.85
-15.84
-77.69 | 1.23 40 | 47
No
No
Yes
Treynor Ratio -0.38
0.03
-0.61 | 1.02 43 | 47
No
No
Yes
Modigliani Square Measure % -13.66
12.04
-14.28 | 47.68 46 | 47
No
No
Yes
Alpha % -60.31
-14.89
-65.16 | -0.04 38 | 47
No
No
Yes
Return data last Updated On : April 22, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
Standard Deviation 55.17 24.27 12.87 | 55.65 45 | 47
No
No
Yes
Semi Deviation 51.71 19.82 8.24 | 52.10 44 | 47
No
No
Yes
Max Drawdown % -90.23 -30.26 -91.42 | -8.96 40 | 47
No
No
Yes
VaR 1 Y % -22.49 -16.34 -30.81 | -10.27 43 | 47
No
No
Yes
Average Drawdown % -27.48 -13.05 -91.31 | -3.15 41 | 47
No
No
Yes
Sharpe Ratio -0.95 0.31 -0.98 | 1.22 45 | 47
No
No
Yes
Sterling Ratio -0.48 0.56 -0.49 | 1.77 46 | 47
No
No
Yes
Sortino Ratio -0.13 0.27 -0.15 | 0.74 45 | 47
No
No
Yes
Jensen Alpha % -64.85 -15.84 -77.69 | 1.23 40 | 47
No
No
Yes
Treynor Ratio -0.38 0.03 -0.61 | 1.02 43 | 47
No
No
Yes
Modigliani Square Measure % -13.66 12.04 -14.28 | 47.68 46 | 47
No
No
Yes
Alpha % -60.31 -14.89 -65.16 | -0.04 38 | 47
No
No
Yes
Return data last Updated On : April 22, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.74 ₹ 10074.0 ₹
1W 0.92 ₹ 10092.0 ₹
1M 2.82 ₹ 10282.0 ₹
3M 6.42 ₹ 10642.0 ₹
6M 10.98 ₹ 11098.0 ₹
1Y 13.19 ₹ 11319.0 ₹
3Y -46.47 ₹ 1534.0 ₹
5Y - ₹ - ₹
7Y - ₹ - ₹
10Y - ₹ - ₹
15Y - ₹ - ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -3.1097 ₹ 11796.852 ₹
3Y ₹ 36000 - ₹ - ₹
5Y ₹ 60000 - ₹ - ₹
7Y ₹ 84000 - ₹ - ₹
10Y ₹ 120000 - ₹ - ₹
15Y ₹ 180000 - ₹ - ₹


Date NAV Regular Growth NAV Direct Growth
22-04-2024 48.3508 None
19-04-2024 47.9975 None
18-04-2024 47.4885 None
16-04-2024 47.9078 None
15-04-2024 48.199 None
12-04-2024 48.9979 None
09-04-2024 49.1659 None
08-04-2024 49.0159 None
05-04-2024 48.927 None
04-04-2024 48.4911 None
03-04-2024 48.0509 None
02-04-2024 47.9715 None
01-04-2024 48.0048 None
28-03-2024 47.5479 None
27-03-2024 47.2037 None
26-03-2024 47.0227 None
22-03-2024 47.2894 None
21-03-2024 47.1091 None
20-03-2024 46.7319 None
19-03-2024 46.8066 None
18-03-2024 46.9997 None
15-03-2024 47.0186 None
14-03-2024 47.2164 None
13-03-2024 47.4097 None
12-03-2024 47.7137 None
11-03-2024 47.7598 None
07-03-2024 48.2732 None
06-03-2024 48.4041 None
05-03-2024 48.0164 None
04-03-2024 47.8906 None
01-03-2024 47.7203 None
29-02-2024 46.5438 None
28-02-2024 46.3849 None
27-02-2024 47.0156 None
26-02-2024 47.0042 None
23-02-2024 47.242 None
22-02-2024 47.3513 None
21-02-2024 47.4523 None
20-02-2024 47.5276 None
19-02-2024 46.964 None
16-02-2024 46.8125 None
15-02-2024 46.6452 None
14-02-2024 46.3319 None
13-02-2024 45.9224 None
12-02-2024 45.2967 None
09-02-2024 46.0564 None
08-02-2024 45.4283 None
07-02-2024 46.2425 None
06-02-2024 46.1137 None
05-02-2024 46.2499 None
02-02-2024 46.3971 None
01-02-2024 46.6169 None
31-01-2024 46.4234 None
30-01-2024 45.7887 None
29-01-2024 45.8641 None
25-01-2024 45.283 None
24-01-2024 45.5014 None
23-01-2024 45.4336 None
20-01-2024 46.4868 None
19-01-2024 46.1266 None
18-01-2024 46.1392 None
17-01-2024 46.4935 None
16-01-2024 48.5734 None
15-01-2024 48.6071 None
12-01-2024 48.1548 None
11-01-2024 47.8811 None
10-01-2024 47.803 None
09-01-2024 47.6838 None
08-01-2024 47.8935 None
05-01-2024 48.6094 None
04-01-2024 48.6468 None
03-01-2024 48.1514 None
02-01-2024 48.2089 None
01-01-2024 48.6862 None
29-12-2023 48.7452 None
28-12-2023 48.9637 None
27-12-2023 48.7366 None
26-12-2023 48.1742 None
22-12-2023 47.9398 None
21-12-2023 48.2915 None
20-12-2023 47.8932 None
19-12-2023 48.3229 None
18-12-2023 48.3199 None
15-12-2023 48.5988 None
14-12-2023 48.1838 None
13-12-2023 47.5379 None
12-12-2023 47.5435 None
11-12-2023 47.7624 None
08-12-2023 47.7102 None
07-12-2023 47.2859 None
06-12-2023 47.2791 None
05-12-2023 47.4586 None
04-12-2023 46.8724 None
01-12-2023 45.2404 None
30-11-2023 44.9049 None
29-11-2023 44.9906 None
28-11-2023 44.2987 None
24-11-2023 44.1864 None
23-11-2023 43.9931 None
22-11-2023 43.8642 None
21-11-2023 44.1061 None
20-11-2023 44.0011 None
17-11-2023 44.0005 None
16-11-2023 44.5838 None
15-11-2023 44.6245 None
13-11-2023 44.3114 None
10-11-2023 44.2401 None
09-11-2023 44.1025 None
08-11-2023 44.0774 None
07-11-2023 44.1576 None
06-11-2023 44.0382 None
03-11-2023 43.7346 None
02-11-2023 43.4308 None
01-11-2023 43.1117 None
31-10-2023 43.2582 None
30-10-2023 43.4534 None
27-10-2023 43.1941 None
26-10-2023 42.6876 None
25-10-2023 43.2448 None
23-10-2023 43.5673 None
20-10-2023 44.145 None
19-10-2023 44.1769 None
18-10-2023 44.3125 None
17-10-2023 44.8383 None
16-10-2023 44.6531 None
13-10-2023 44.7161 None
12-10-2023 45.0305 None
11-10-2023 44.9475 None
10-10-2023 44.7894 None
09-10-2023 44.3113 None
06-10-2023 44.7903 None
05-10-2023 44.6418 None
04-10-2023 44.3902 None
03-10-2023 44.8293 None
29-09-2023 45.0165 None
28-09-2023 44.7302 None
27-09-2023 45.0241 None
26-09-2023 45.0603 None
25-09-2023 45.2036 None
22-09-2023 45.0482 None
21-09-2023 45.0601 None
20-09-2023 45.8282 None
18-09-2023 46.4293 None
15-09-2023 46.6835 None
14-09-2023 46.4507 None
13-09-2023 46.3584 None
12-09-2023 45.9565 None
11-09-2023 46.0165 None
08-09-2023 45.5983 None
07-09-2023 45.3176 None
06-09-2023 44.8438 None
05-09-2023 44.9681 None
04-09-2023 45.0145 None
01-09-2023 44.871 None
31-08-2023 44.4206 None
30-08-2023 44.6661 None
29-08-2023 44.9309 None
28-08-2023 44.9304 None
25-08-2023 44.6653 None
24-08-2023 44.9322 None
23-08-2023 44.915 None
22-08-2023 44.4259 None
21-08-2023 44.4348 None
18-08-2023 44.2832 None
17-08-2023 44.3239 None
16-08-2023 44.3795 None
14-08-2023 44.5252 None
11-08-2023 44.6344 None
10-08-2023 44.9671 None
09-08-2023 45.3075 None
08-08-2023 45.3035 None
07-08-2023 45.1761 None
04-08-2023 45.2188 None
03-08-2023 44.8479 None
02-08-2023 45.3323 None
01-08-2023 45.9316 None
31-07-2023 45.9906 None
28-07-2023 45.8073 None
27-07-2023 46.0197 None
26-07-2023 46.4044 None
25-07-2023 46.1863 None
24-07-2023 46.2648 None
21-07-2023 46.418 None
20-07-2023 46.5303 None
19-07-2023 46.0111 None
18-07-2023 45.752 None
17-07-2023 45.7912 None
14-07-2023 45.159 None
13-07-2023 45.0027 None
12-07-2023 44.9772 None
11-07-2023 45.0865 None
10-07-2023 45.2029 None
07-07-2023 45.2677 None
06-07-2023 45.6795 None
05-07-2023 45.491 None
04-07-2023 45.6412 None
03-07-2023 45.4974 None
30-06-2023 45.0855 None
28-06-2023 44.6646 None
27-06-2023 44.4603 None
26-06-2023 43.9779 None
23-06-2023 43.9598 None
22-06-2023 44.0553 None
21-06-2023 44.1903 None
20-06-2023 44.0972 None
19-06-2023 43.964 None
16-06-2023 44.2699 None
15-06-2023 43.7732 None
14-06-2023 44.3199 None
13-06-2023 44.4122 None
12-06-2023 44.2763 None
09-06-2023 44.3215 None
08-06-2023 44.3278 None
07-06-2023 44.6086 None
06-06-2023 44.4977 None
05-06-2023 44.4347 None
02-06-2023 44.2708 None
01-06-2023 44.0902 None
31-05-2023 44.429 None
30-05-2023 44.6492 None
29-05-2023 44.5245 None
26-05-2023 44.23 None
25-05-2023 43.8926 None
24-05-2023 43.8891 None
23-05-2023 44.1664 None
22-05-2023 44.0969 None
19-05-2023 44.1817 None
18-05-2023 43.9642 None
17-05-2023 43.9106 None
16-05-2023 44.1161 None
15-05-2023 44.1511 None
12-05-2023 43.8724 None
11-05-2023 43.5537 None
10-05-2023 43.4093 None
09-05-2023 43.2763 None
08-05-2023 43.3623 None
05-05-2023 42.7389 None
04-05-2023 43.765 None
03-05-2023 43.3918 None
02-05-2023 43.4314 None
28-04-2023 43.3135 None
27-04-2023 43.0802 None
26-04-2023 42.9091 None
25-04-2023 42.7576 None
24-04-2023 42.7149 None

Fund Launch Date: 03/Jul/2019
Fund Category: ETF
Investment Objective: The investment objective of the scheme is to provide returns before expensesthat closely correspond to the total return of the underlying index subject totracking errors. However, there can be no assurance or guarantee that theinvestment objective of the Scheme would be achieved.
Fund Description: An open-ended Exchange Traded Fund tracking Nifty Bank Index
Fund Benchmark: Nifty Bank Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.