ICICI Prudential Mutual Fund
ICICI Prudential Nifty IT Index Fund - Direct Plan - Growth
Index / ETF
+3.9% 3Y CAGR
Nippon India Mutual Fund
Index / ETF · Direct · Growth
NAV as of 30 Oct 2026 · Source: AMFI
Nippon India Nifty IT Index Fund is an Index / ETF fund from Nippon India Mutual Fund, with NAVs going back to February 2024. This page covers its direct plan, growth option. It manages ₹287 crore, the 2nd largest of 7 funds tracking the Nifty IT TRI. Its expense ratio is 0.41% a year, lower than the median of 0.44% for funds tracking the Nifty IT TRI.
Over the last year it returned -7.93%, 5th of 7 funds tracking the Nifty IT TRI (median -7.88%). It is 0.28 percentage points a year behind its benchmark, the Nifty IT TRI, over the last year, on AMFI's figures. Its biggest fall from a peak since February 2024 was 42.2%, and AMFI's riskometer rates it Very High.
Annualised (CAGR) for periods over a year, calculated from AMFI NAVs up to 30 Oct 2026. Past performance does not guarantee future returns. How we calculate returns
1 Year
-7.93%
Since launch (26 Feb 2024)
-3.45%
Fund and benchmark returns as published by AMFI for 29 Oct 2026, so both sides use the same date and method. They can differ slightly from the figures above.
| Period | This fund | Benchmark | Difference |
|---|---|---|---|
| 1 Year | -10.46% | -10.18% | -0.28 pts |
| Since launch | -4.77% | -4.44% | -0.33 pts |
Measured from this fund's own daily NAVs over the last 2.7 years.
Volatility (annualised)
22.9%
How much the NAV typically swings in a year. Higher means a bumpier ride.
Worst fall from a peak
-42.2%
The biggest drop from a high to a later low. A sense of what a bad stretch has looked like.
Daily NAV since 26 Feb 2024.
These come from the fund's monthly factsheet and Scheme Information Document (SID). We don't show them yet, because we can't keep them accurate. Check them on Nippon India Mutual Fund's website before you invest.
Funds next to Nippon India Nifty IT Index Fund, tracking the same index, ranked by fund size.
ICICI Prudential Mutual Fund
Index / ETF
+3.9% 3Y CAGR
Nippon India Nifty IT Index Fund - Direct Plan - Growth Option
Research-only · No transactions