June 10, 2025
RA Jainee
ICICI Prudential Nifty Financial Services Ex-Bank ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 31.3563
Suitable For Which Investors?
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide returns before expenses that correspond to the total return of the underlying index subject to tracking errors.
Fund Manager:
1) Ashwini Shinde
Education: B.Com , M.Com , Inter CA
Experience: Prior to Joining the ICICI Pru Mutual Fund he has worked with ICICI Pru AMC Treasury Mutual Fund Operations,
2) Nishit Patel
Education: Mr. Patel is a B.Com & Chartered Accountant
Experience: Prior to joining ICICI Prudential Mutual fund, he has worked with K.K.Dand & Co.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of ICICI Prudential Nifty Financial Services Ex-Bank ETF
| Fund House | ICICI Prudential Mutual Fund |
| Launch Date | 25-Nov-22 |
| Return Since Launch | 27.17% |
| Benchmark | Nifty Financial Services Ex-Bank TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 129 Cr |
| (As on 30-Apr-2025) | |
| Expense | 0.20% |
| (As on 31-May-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 34.00% |
Trailing Returns (%) of ICICI Prudential Nifty Financial Services Ex-Bank ETF
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ICICI Pru Nifty Financial Services Ex-Bank ETF | 23.18 | 1.93 | 15.97 | 25.78 | 16.69 | 31.82 | — | — | — | — |
| BSE Bankex TRI | 11.23 | 0.69 | 5.12 | 15.72 | 5.59 | 13.45 | — | — | — | — |
| Equity: Sectoral-Banking | 12.49 | 0.92 | 8.78 | 18.58 | 6.91 | 15.08 | — | — | — | — |
| Rank within category | 1 | 2 | 4 | 2 | 1 | 1 | — | — | — | — |
| Number of funds in category | 59 | 64 | 64 | 62 | 59 | 52 | 31 | 21 | 16 | 15 |
Peer Comparison of ICICI Prudential Nifty Financial Services Ex-Bank Exchange Traded Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| ICICI Pru Nifty Financial Services Ex-Bank ETF | Unrated | 31.82 | — | — | 0.20 | 129 | 27.17 | — | 2Y 6M | 34.00 |
| Nippon India ETF Nifty Bank BeES | Unrated | 14.38 | 18.06 | 22.84 | 0.19 | 7,629 | 16.58 | — | 21Y | 45.00 |
| Kotak Nifty Bank ETF | Unrated | 14.40 | 18.02 | 22.76 | 0.15 | 5,499 | 11.59 | — | 10Y 6M | 40.59 |
| SBI Nifty Bank ETF | Unrated | 14.43 | 18.08 | 22.86 | 0.20 | 4,372 | 12.08 | — | 10Y 2M | 36.00 |
| UTI Nifty Bank ETF | Unrated | 14.52 | 18.19 | — | 0.17 | 3,924 | 20.95 | — | 4Y 9M | 35.00 |
Portfolio Analysis of ICICI Prudential Nifty Financial Services Ex-Bank ETF
| No. of Stocks | 30 |
| Top 10 Stocks | 65.25% |
| Top 5 Stocks | 41.61% |
| Top 3 Sectors | 99.17% |
| Portfolio P/B Ratio | 3.20 |
| Portfolio P/E Ratio | 23.28 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,40,801 | 3,59,122 |
| Giant (%) | 47.16 | 66.34 |
| Large (%) | 36.50 | 19.05 |
| Mid (%) | 16.33 | 15.48 |
| Small (%) | — | 4.97 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For ICICI Prudential Nifty Financial Services Ex-Bank Exchange Traded Fund
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