Bandhan Nifty 50 Index Fund vs ICICI Prudential Value Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan Nifty 50 Index Fund is an Index fund and ICICI Prudential Value Fund is a Value and Contra fund. In the 3 years to 30-10-2026, Bandhan Nifty 50 Index Fund (Direct) returned 7.4% a year and ICICI Prudential Value Fund (Direct) returned 11.4% a year. Bandhan Nifty 50 Index Fund charges 0.16% a year and ICICI Prudential Value Fund 1.08% (Direct plans). Their portfolios overlap 58.3%: they hold 26 of the same securities.
Bandhan Nifty 50 Index Fund
Index
- 3 year return
- 7.4%
- Expense ratio
- 0.16%
- NAV
- ₹51.67
ICICI Prudential Value Fund
Value and Contra
- 3 year return
- 11.4%
- Expense ratio
- 1.08%
- NAV
- ₹484.98
Which is better, Bandhan Nifty 50 Index or ICICI Prudential Value? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ICICI Prudential Value returned more over 5 years: 13.0% a year against 6.5%.
- ICICI Prudential Value returned more over 3 years: 11.4% a year against 7.4%.
- Bandhan Nifty 50 Index costs less: 0.16% a year against 1.08% (Direct plans).
- ICICI Prudential Value swung less over 3 years: a standard deviation of 11.2% a year against 13.2%.
- ICICI Prudential Value fell less in its worst fall since 02-01-2013: −36.7% against −37.6%.
- Bandhan Nifty 50 Index holds more in large companies: 98.5% of the fund in large caps against 82.9%.
- ICICI Prudential Value is the larger fund: ₹57,250 Cr against ₹2,813 Cr.
- Their portfolios overlap 58.3%: 26 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Bandhan Nifty 50 Index Fund | ICICI Prudential Value Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | ICICI Prudential Mutual Fund |
| Category | Index | Value and Contra |
| AUM | ₹2,813 Cr (31-08-2026) | ₹57,250 Cr (30-09-2026) |
| NAV | ₹51.67 (Direct) | ₹484.98 (Direct) |
| Expense ratio (Direct) | 0.16% | 1.08% |
| Expense ratio (Regular) | 0.66% | 1.55% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 50 TRI | Nifty 500 TRI |
| Launch date | 30-04-2010 | 16-08-2004 |
| Minimum investment | ₹1,000 | ₹1,000 |
| Lock in | None | None |
| Fund managers | Abhishek Jain | Sankaran Naren, Dharmesh Kakkad, Masoomi Jhurmarvala |
| Exit load | Nil | 1% of the applicable Net Asset Value - if the amount sought to be redeemed or switch out is invested for a period of up to 12 months from the date of allotment. NIL - if the amount sought to be redeemed or switch out is invested for a period more than 12 months from the date of allotment |
Bandhan Nifty 50 Index vs ICICI Prudential Value: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Bandhan Nifty 50 Index Fund (Direct) | +1.94% | −5.04% | −3.19% | −10.13% | +7.41% | +6.55% | +11.43% |
| ICICI Prudential Value Fund (Direct) | +0.67% | −5.68% | −4.73% | −9.65% | +11.45% | +12.96% | +14.04% |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | +12.63% |
Category average: the average of the 30 Value and Contra funds, same plan type.
Bandhan Nifty 50 Index vs ICICI Prudential Value: Year-wise Returns
| Year | Bandhan Nifty 50 IndexBandhan Nifty 50 Index | ICICI Prudential ValueICICI Prudential Value |
|---|---|---|
| 2026to date | −11.02% | −11.70% |
| 2025 | +11.73% | +14.36% |
| 2024 | +9.74% | +20.65% |
| 2023 | +21.09% | +32.08% |
| 2022 | +5.76% | +15.59% |
| 2021 | +25.00% | +39.27% |
Bandhan Nifty 50 Index vs ICICI Prudential Value: Rolling Returns
Every holding period of both funds, against Nifty 50 TRI, the benchmark of Bandhan Nifty 50 Index Fund
Rolling returns
Every 3-year holding period, 2,675 of them, one for each trading day from 04-01-2016 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Bandhan Nifty 50 Index Fund (Direct)
ICICI Prudential Value Fund (Direct)
Nifty 50 TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bandhan Nifty 50 Index | 0.7 | 3.0 | 21.7 | 43.7 | 24.6 | 4.6 | 1.8 | 13.0% | 13.2% | −4.4% | 31.8% | 1% |
| ICICI Prudential Value | 2.1 | 7.6 | 13.2 | 15.9 | 10.4 | 22.1 | 28.7 | 18.3% | 20.2% | −8.7% | 41.7% | 70% |
| Nifty 50 TRI | 0.7 | 2.8 | 19.6 | 43.3 | 27.0 | 4.8 | 1.8 | 13.3% | 13.4% | −4.5% | 32.4% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 50 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 02-01-2013. Past returns do not promise future returns.
Bandhan Nifty 50 Index vs ICICI Prudential Value: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bandhan Nifty 50 IndexBandhan Nifty 50 Index Fund (Direct) | ₹16,60,000 | ₹36,96,399 | ₹20,36,399 | 10.9% |
| ICICI Prudential ValueICICI Prudential Value Fund (Direct) | ₹16,60,000 | ₹53,50,056 | ₹36,90,056 | 15.6% |
Bandhan Nifty 50 IndexBandhan Nifty 50 Index Fund (Direct)
ICICI Prudential ValueICICI Prudential Value Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Bandhan Nifty 50 Index vs ICICI Prudential Value: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan Nifty 50 Index Fund (Direct) | ICICI Prudential Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | −10.13% | −9.65% |
| Standard deviation | 13.61% | 11.68% |
| Sharpe ratio | -1.13 | -1.27 |
| Sortino ratio | -1.51 | -1.69 |
| Maximum drawdown | −15.1% (30-03-2026) | −14.0% (08-10-2026) |
| Beta | 1.00 | 0.77 |
| Alpha | −0.15% | −5.19% |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Bandhan Nifty 50 Index Fund (Direct) | ICICI Prudential Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.41% | +11.45% |
| Standard deviation | 13.19% | 11.22% |
| Sharpe ratio | 0.10 | 0.48 |
| Sortino ratio | 0.15 | 0.68 |
| Maximum drawdown | −15.5% (04-03-2025) | −14.0% (08-10-2026) |
| Beta | 1.00 | 0.75 |
| Alpha | −0.22% | +2.27% |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Bandhan Nifty 50 Index Fund (Direct) | ICICI Prudential Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.55% | +12.96% |
| Standard deviation | 13.65% | 11.48% |
| Sharpe ratio | 0.05 | 0.62 |
| Sortino ratio | 0.08 | 0.87 |
| Maximum drawdown | −15.7% (17-06-2022) | −14.0% (08-10-2026) |
| Beta | 1.00 | 0.76 |
| Alpha | −0.15% | +4.89% |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Bandhan Nifty 50 Index Fund (Direct) | ICICI Prudential Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.31% | +16.53% |
| Standard deviation | 15.72% | 14.01% |
| Sharpe ratio | 0.34 | 0.75 |
| Sortino ratio | 0.46 | 1.04 |
| Maximum drawdown | −37.6% (23-03-2020) | −36.7% (23-03-2020) |
| Beta | 0.99 | 0.82 |
| Alpha | −0.21% | +4.94% |
From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Bandhan Nifty 50 Index Fund (Direct)
ICICI Prudential Value Fund (Direct)
Nifty 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan Nifty 50 Index Fund (Direct) | −37.6% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −11.7% |
| ICICI Prudential Value Fund (Direct) | −36.7% | 07-09-2018 | 23-03-2020 | 05-11-2020 | 7 months | −12.1% |
| Nifty 50 TRI | −38.3% | 14-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −11.6% |
From daily values since 02-01-2013, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bandhan Nifty 50 Index Fund (Direct)
ICICI Prudential Value Fund (Direct)
Nifty 50 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bandhan Nifty 50 Index Fund (Direct)
ICICI Prudential Value Fund (Direct)
Nifty 50 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Bandhan Nifty 50 Index Fund (Direct)
ICICI Prudential Value Fund (Direct)
Nifty 50 TRI
Against Nifty 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Bandhan Nifty 50 Index Fund (Direct) | 99% | 100% | 0.36% |
| ICICI Prudential Value Fund (Direct) | 99% | 68% | 6.95% |
From month-end values since 02-01-2013. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Bandhan Nifty 50 Index vs ICICI Prudential Value: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan Nifty 50 Index Fund, August 2026; ICICI Prudential Value Fund, September 2026
Holdings in common
- Overlap
- 58.3%
- Held by both
- 26
- Only in Bandhan Nifty 50 Index
- 24
- Only in ICICI Prudential Value
- 38
| Security | % of Bandhan Nifty 50 Index | % of ICICI Prudential Value |
|---|---|---|
| HDFC Bank Limited | 9.84% | 9.45% |
| ICICI Bank Limited | 9.44% | 8.97% |
| Reliance Industries Limited | 7.82% | 5.13% |
| Infosys Limited | 3.60% | 4.15% |
| Axis Bank Limited | 3.38% | 2.93% |
| Bharti Airtel Limited | 4.99% | 2.50% |
| ITC Limited | 2.23% | 4.51% |
| Tata Consultancy Services Limited | 2.22% | 2.58% |
| State Bank of India | 3.97% | 2.02% |
| Sun Pharmaceutical Industries Limited | 1.90% | 4.37% |
| Kotak Mahindra Bank Limited | 2.80% | 1.72% |
| Maruti Suzuki India Limited | 1.60% | 3.16% |
| Larsen & Toubro Limited | 4.29% | 1.59% |
| Hindustan Unilever Limited | 1.58% | 2.68% |
| NTPC Limited | 1.41% | 2.09% |
| Tata Steel Limited | 1.38% | 1.30% |
| UltraTech Cement Limited | 1.23% | 1.43% |
| Asian Paints Limited | 1.09% | 1.27% |
| Bajaj Finserv Limited | 1.06% | 1.80% |
| Oil & Natural Gas Corporation Limited | 0.82% | 1.58% |
| Coal India Limited | 0.87% | 0.77% |
| Cipla Limited | 0.72% | 1.35% |
| SBI Life Insurance Company Limited | 0.71% | 2.31% |
| Dr. Reddy's Laboratories Limited | 0.64% | 2.06% |
| Tata Motors Passenger Vehicles Limited | 0.58% | 1.20% |
| HDFC Life Insurance Company Limited | 0.53% | 1.98% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 58.3% means 58.3% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Bandhan Nifty 50 Index Fund
| Security | % of fund |
|---|---|
| Mahindra & Mahindra Limited | 2.66% |
| Bajaj Finance Limited | 2.57% |
| Eternal Limited | 2.15% |
| Titan Company Limited | 1.91% |
| Shriram Finance Limited | 1.41% |
Largest holdings only in ICICI Prudential Value Fund
| Security | % of fund |
|---|---|
| Life Insurance Corporation of India | 5.83% |
| Apollo Tyres Ltd. | 1.48% |
| TML Commercial Vehicles Ltd. | 1.43% |
| Hyundai Motor India Ltd. | 1.28% |
| ICICI Lombard General Insurance Company Ltd. | 1.14% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan Nifty 50 Index | ICICI Prudential Value |
|---|---|---|
| Equity | 99.9% | 96.7% |
| Debt | 0.0% | 1.0% |
| Cash and others | 0.1% | 2.4% |
Market cap of stocks
| Market cap | Bandhan Nifty 50 Index | ICICI Prudential Value |
|---|---|---|
| Large Cap | 98.5% | 82.9% |
| Mid Cap | 1.3% | 6.0% |
| Small Cap | 0.0% | 7.6% |
| Not on AMFI's list | 0.0% | 0.2% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Bandhan Nifty 50 Index | ICICI Prudential Value |
|---|---|---|
| Banks | 29.4% | 25.9% |
| Insurance | 1.2% | 12.0% |
| Pharmaceuticals & Biotechnology | 3.3% | 8.6% |
| IT - Software | 8.5% | 0.0% |
| Petroleum Products | 7.8% | 5.3% |
| It - Software | 0.0% | 7.3% |
| Diversified Fmcg | 0.0% | 7.2% |
| Automobiles | 7.0% | 6.3% |
| Finance | 5.8% | 3.1% |
| Telecom - Services | 5.0% | 2.5% |
The six largest sectors of each fund's stocks, % of the fund.
Bandhan Nifty 50 Index vs ICICI Prudential Value: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan Nifty 50 Index Fund | ICICI Prudential Value Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.16% | 1.08% |
| Base expense ratio (Direct) | 0.08% | 0.80% |
| Total expense ratio (Regular) | 0.66% | 1.55% |
| Base expense ratio (Regular) | 0.51% | 1.20% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Bandhan Nifty 50 Index Fund vs ICICI Prudential Value Fund: Frequently Asked Questions
What is the difference between Bandhan Nifty 50 Index Fund and ICICI Prudential Value Fund?
Bandhan Nifty 50 Index Fund is an Index fund, ICICI Prudential Value Fund is a Value and Contra fund, run by Bandhan Mutual Fund and ICICI Prudential Mutual Fund. Their portfolios overlap 58.3%. Bandhan Nifty 50 Index Fund charges 0.16% a year and ICICI Prudential Value Fund 1.08%.
Which has given higher returns, Bandhan Nifty 50 Index Fund or ICICI Prudential Value Fund?
Over 1 year: Bandhan Nifty 50 Index Fund −10.13%, ICICI Prudential Value Fund −9.65%. Over 3 years: Bandhan Nifty 50 Index Fund +7.41% a year, ICICI Prudential Value Fund +11.45% a year. Over 5 years: Bandhan Nifty 50 Index Fund +6.55% a year, ICICI Prudential Value Fund +12.96% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bandhan Nifty 50 Index Fund or ICICI Prudential Value Fund?
Bandhan Nifty 50 Index Fund charges less: 0.16% a year against 1.08%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan Nifty 50 Index Fund and ICICI Prudential Value Fund overlap?
58.3%. They hold 26 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Bandhan Nifty 50 Index Fund or ICICI Prudential Value Fund?
On SEBI's riskometer, Bandhan Nifty 50 Index Fund is rated Very High and ICICI Prudential Value Fund Very High. Over 3 years, the standard deviation of daily returns was 13.19% and 11.22% a year.
Which is better for SIP, Bandhan Nifty 50 Index Fund or ICICI Prudential Value Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹6,93,921 in Bandhan Nifty 50 Index Fund (XIRR 5.0% a year) and ₹7,82,940 in ICICI Prudential Value Fund (XIRR 9.8% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Bandhan Nifty 50 Index Fund and ICICI Prudential Value Fund?
Yes. 58.3% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Bandhan Nifty 50 Index Fund and ICICI Prudential Value Fund?
Bandhan Nifty 50 Index Fund: Abhishek Jain. ICICI Prudential Value Fund: Sankaran Naren, Dharmesh Kakkad, Masoomi Jhurmarvala.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.