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Product scoring may vary based on gender, age, policy tenure and sum assured.
Gender
Male
Age Group
The lowest age in the selected range is considered for price evaluation (e.g., 25 - 29)
30 - 34
Sum Assured
₹ 1Cr
ETF • ETF - Banking and Financial Services • NIFTY PSU BANK - TRI
ICICI Pru Nifty PSU Bank ETF
1 Finance Rank:
22
221 Finance Score:
64100
Tracking Error Score
63
Liquidity Score
52
Expense Ratio Score
57
Price Deviation Score
91
by 1 Finance Research 1 Finance Scores reflect a holistic assessment of fund performance, risk, and costs.
AUM
₹ 90 CrNAV
₹ 89.4933 (as on 17/04/26)Expense Ratio
0.40%
22
ETF • ETF - Banking and Financial Services • NIFTY PSU BANK - TRI
ICICI Pru Nifty PSU Bank ETF
This fund ranks 22nd out of 28 funds in its category.
AUM₹ 90 Cr
NAV₹ 89.4933 (as on 17/04/26)
Expense Ratio0.40%
1 Finance Score: 64/100
Tracking Error Score
63
Liquidity Score
52
Expense Ratio Score
57
Price Deviation Score
91
Fundamental Ratios
Score Trend
1000
Tracking Error
0.007%Price Deviation
0.12%*Most top-ranked mutual funds won't hold their rank for long. Source: 1 Finance Research
Portfolio summary
Asset Allocation
Equity
Others
99.99%
0.01%
Market Capitalisation
Large Cap
80.46%
Mid Cap
18.24%
Small Cap
1.3%
Others
0.01%
Equity Sector Allocation
Bank
99.97%
Other
0.03%
Top Holdings
| Holding Names | Assets (%) |
|---|---|
| State Bank Of India | 32.56% |
| Bank Of Baroda | 14.65% |
| Canara Bank | 13.94% |
| Punjab National Bank | 11.37% |
| Union Bank Of India | 7.93% |
*Most active equity funds don't beat their own benchmark over the long run. Source: 1 Finance Research
Peer comparison
| Fund List | 1 F score | Fund Size | Expense Ratio |
|---|
Pros and Cons
Pros
Lower price deviation facilitates smoother buying and selling.
Cons
Inaccurate tracking of the performance of underlying benchmark index with significant deviation.
Lower trading volume may signal reduced liquidity, making buying and selling more difficult and potentially affecting the fund's price.
The expense ratio for the fund is 0.40%, which is higher than the category average of 0.22%.
“80% of mutual fund schemes lose 25% or more value due to commissions in 10 years.” Source: 1 Finance Research
Should you invest?
Invest if you are :
- High conviction in Banking sector performance in the near or long-term.
Avoid if you are :
- Unwilling to take the risk of investing in a particular sector or theme.
*Most financial mistakes aren't about money — they're about personality. Find yours with MoneySign®
Taxation
If sold before 1 year
- short-term capital gains taxed at 20%.
If sold after 1 year
- long-term capital gains above ₹1.25 lakh taxed at 12.5%.
Scheme Details
Scheme Objective
- The investment objective of the scheme is to provide returns before expenses that correspond to the total return of the underlying index subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Exit Load
- ETFs do not charge penalties for early withdrawal.
Minimum investment amount
Lumpsum
₹ 1000 (open for subscription)
Other details
Founded In2023
Email Addressenquiry@icicipruamc.com
| Fund Manager Name | Total Exp. (Years) | No. of Funds Managed |
|---|---|---|
| Nishit Patel | 4.83 | 29 |
About ICICI Pru MF
- To provide capital appreciation and income distribution to the investors by using equity derivatives strategies, arbitrage opportunities and pure equity investments.
Don't chase past returns.
Build a portfolio for the future
Our Advisory Includes
- Portfolio diversification
- Mutual fund tax harvesting
- Fund overlap check & more
We look where past returns don't
Your data security is our top priority
Through a secure infrastructure, RSA-256 encryption, disaster recovery protocols
Frequently Asked Questions
Are ETFs 100% safe?
No, ETFs are not completely risk-free. Their prices can rise or fall depending on the index or asset they track. Equity ETFs can be more volatile, while debt or gold ETFs are generally more stable. However, what feels “risky” can vary from person to person. Your comfort with market fluctuations, investment time frame, and financial goals will determine if ETFs are right for you. Before investing, make sure the underlying asset matches your risk tolerance and financial objectives.
How long should I stay invested in ETFs?
Your ideal investment duration depends on the type of ETF you choose. For example, equity ETFs are best suited for long-term goals, typically 7 to 10 years or more. Debt ETFs are more suitable for short to medium-term needs, while gold ETFs can be long-term investments used as a hedge. Working with a Qualified Financial Advisor (QFA) can help you align your investment timeline with the ETF you select. Staying invested for the correct period can reduce volatility and enhance compounding benefits over time.
Are ETFs better than mutual funds?
ETFs are usually low-cost and transparent as they replicate an index. You can buy or sell them at any time during market hours. In contrast, mutual funds offer features like SIPs and automatic rebalancing and don’t require active market tracking. The choice between the two depends on your investing style, discipline, and financial personality. Some investors prefer the flexibility of ETFs, while others appreciate the convenience of mutual funds.
Is liquidity a problem in ETFs?
The liquidity of an ETF depends on the number of buyers and sellers active on the exchange and on the liquidity of the underlying securities. Some ETFs have high trading volume, making them easy to buy or sell, while others may have low volume. Low trading volumes can lead to wider price spreads, which could affect your returns. Before investing, check the ETF’s liquidity and average daily trading volume to ensure a smoother transaction process.
How do I choose the right ETF?
When selecting an ETF, consider several evaluation metrics:
• Tracking error: This shows how closely the ETF tracks its index.
• Expense ratio: Lower costs can enhance long-term returns.
• Liquidity: Higher trading volumes can minimise price impact.
• Underlying index quality: Broad and diversified indices are often more stable.
Importantly, choose an ETF that aligns with your risk tolerance, financial goals, and investment time horizon. Instead of chasing market trends, it’s wise to consult a Qualified Financial Advisor. An advisor can evaluate your financial goals and risk capacity, and recommend the best asset allocation for you.
• Tracking error: This shows how closely the ETF tracks its index.
• Expense ratio: Lower costs can enhance long-term returns.
• Liquidity: Higher trading volumes can minimise price impact.
• Underlying index quality: Broad and diversified indices are often more stable.
Importantly, choose an ETF that aligns with your risk tolerance, financial goals, and investment time horizon. Instead of chasing market trends, it’s wise to consult a Qualified Financial Advisor. An advisor can evaluate your financial goals and risk capacity, and recommend the best asset allocation for you.
Disclaimer
The Information in the scoring and ranking model is provided solely for general information and educational purposes and shall not constitute any advice or recommendation. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance is not an indicator of future returns.
Don't chase past returns.
Build a portfolio for the future
Our Advisory Includes
- Portfolio diversification
- Mutual fund tax harvesting
- Fund overlap check & more