Fundalysisby DARKHORSESTOCKS

Scheme

ICICI Prudential Nifty 500 Index Fund

Holds 500 companies worth ₹102 Cr in Sept 2026.

  • Fund house

    ICICIThe fund house that runs this scheme.

  • AUM

    ₹102 CrICICI Prudential Nifty 500 Index Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 2.3% on Aug 2026, ₹105 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 5.7% of this scheme's NAV.

  • Fund manager

    Nishit PatelRuns its co-manager part since 20 Dec 2024, as the fund house dates it. With Ashwini Bharucha (co-manager), Venus Ahuja (co-manager).

Overview(7 Nov 2025)

Fund managers3

  1. Nishit PatelCo-manager · Dec 2024 · 7y · B.Com
  2. Ashwini BharuchaCo-manager · Dec 2024
  3. Venus AhujaCo-manager · Nov 2025 · 3y · B.Com

    Key facts

    Benchmark
    Nifty 500 TRI
    Expense
    Regular 0.88% · Direct 0.3%
    Exit load
    Nil
    Started
    20 Dec 2024
    Minimum
    ₹100

    Source.Its Scheme Summary Document as of 7 Nov 2025 at AMFI.

    What changed(0 changes)

    Nothing has changed in its documents since Nov 2025.

    Source.Its filings at NSE, since Nov 2025.

    Fund managers over time(Dec 2024 – now)

    1. Nishit Patel
    2. Ashwini Bharucha
    3. Venus Ahuja
    MainCoSlice2025
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Nov 2025 – Nov 2025)

    Every change to the expense ratio, newest first.
    1 filingRegularDirectΔ pt
    7 Nov 20250.88%0.30%–
    Direct plan, 7 Nov 2025
    0.30%
    Regular plan 0.88% · Exit load nil
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(7 Nov 2025)

    Objective

    The objective of the Scheme is to invest in companies whose securities are included in Nifty 500 Index and subject to tracking errors, to endeavor to achieve the returns of the above index. This would be done by investing in all the stocks comprising the Nifty 500 Index in the same weightage that they represent in Nifty 500 Index. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.

    Risk, type and benchmark

    At launch
    Very High
    Type
    Open Ended
    Benchmark
    Nifty 500 TRI

    Asset allocation it may hold

    • Equity and Equity related securities of companies constituting the underlying index (Nifty 500 Index) Minimum 95%- Maximum 100% • Money Market instruments including TREPs* and Units of debt schemes# Minimum 0%- Maximum 5% *or similar instruments as may be permitted by RBI/ SEBI, subject to requisite approvals from SEBI / RBI, if needed. #Excluding subscription money in transit before deployment / payout.

    How to invest(7 Nov 2025)

    Buying

    To start
    ₹100, then in multiples of ₹1
    To add
    ₹100, then in multiples of ₹1
    SIP how often
    Daily,Weekly,Fortnightly,Monthly,Quarterly
    SIP dates
    Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for SIP falls on a Non-Business Day or on a date which is not available in a particular month, the SIP will beprocessed on the immediate next Business Day.
    SIP minimum
    Daily,Weekly,Fortnightly,Monthly = Rs. 100 Quarterly = Rs. 100, then re. 1/-
    SIP instalments
    Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4

    Selling and switching

    To redeem
    Any amount
    Switch minimum
    ₹100
    STP how often
    Daily,Weekly,Fortnightly,Monthly,Quarterly
    STP dates
    Daily = Daily (only business days) Weekly = Anyday (Monday to Friday)* Fortnightly = 1st and 16th day of each month as applicable Monthly = Any day* Quarterly = Any day* *In case the date chosen for STP falls on a non-business day or on a day which is not available in a particular month, the STP will be processed on the immediate next business day.
    STP minimum
    Monthly, Weekly, Quarterly = Rs. 100 Daily = Rs. 100, then re. 1/-
    STP instalments
    Daily,Weekly,Fortnightly,Monthly = 6 Quarterly = 4
    SWP how often
    Monthly,Quarterly, Half Yearly,Annual
    SWP dates
    Monthly = Any day* Quarterly= Any day* Half Yearly = Any day* Annual = Any day* *In case none of the frequencies has been selected then Monthly frequency shall be considered as the Default frequency and where no withdrawal date is selected, 1st business day of the month shall be considered as the default SWP date.
    SWP instalments
    Monthly,Quarterly, Half Yearly,Annual = 2

    Scheme details(7 Nov 2025)

    What it is

    Category
    Other Schemes - Index Funds
    Offer
    10 Dec 2024 to 17 Dec 2024
    Started
    20 Dec 2024
    Plans
    ICICI Prudential Nifty 500 Index Fund - Direct Plan - Growth · ICICI Prudential Nifty 500 Index Fund - Direct Plan - IDCW · ICICI Prudential Nifty 500 Index Fund - Growth · ICICI Prudential Nifty 500 Index Fund - IDCW
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    HDFC Bank Limited, SBI-SG Global Securities Services Pvt. Ltd., Citibank N. A. and Hongkong and Shanghai Banking Corporation Limited (HSBC)
    Auditor
    BSR & Co. LLP
    Registrar
    Computer Age Management Services Limited
    SEBI code
    ICIC/O/O/EIN/24/09/0185