ICICI Prudential · Index Funds

ICICI Prudential NASDAQ 100 Index Fund

Other Scheme - Index Funds Direct plan, growth riskometer: Very high benchmark: NASDAQ-100 TRI launched 27 Sep 2021 open-ended

At a glance

the fund as it stands today, from public disclosures

NAV, 18 Sep 2026

₹24.69

+0.54% since 17 Sep 2026, the previous NAV

1 year

31.6%

return

3 years

32.5%

a year

5 years

not enough history

Since launch

19.6%

a year, over 4.9 years

Assets (AUM)

₹3,576 Cr

Aug 2026 factsheet

Expense ratio, Direct / Regular

0.53% / 0.90%

a year, as of Aug 2026

Holdings

104

top ten are 46% of the fund · Aug 2026

Disclosed history

4.9 yrs

Oct 2021 – Aug 2026 · 4 of 11 checks could run

Fund managers

Sharmila D'silva · since Apr 2022Nitya Mishra · since Oct 2024Venus Ahuja · since Jul 2026

All managers →

As the Aug 2026 factsheet printed it: standard deviation 17.9% · portfolio turnover 0.16×. Exit load and minimum investment are not yet extracted from the scheme documents.

What only Anveshan can tell you

measured from the disclosures, not quoted from a brochure — each links to how it was done

P5Cost, measured

Regular plan costs 0.54% a year more than Direct

₹26,144 on ₹1 lakh over ten years. Same portfolio, two prices — the difference is what the Regular plan's distribution costs you, read from the two NAVs.

See how it is measured →

P7Whose record

Run by Sharmila D'Silva for 4.4 yrs

with Nitya Mishra, Venus Ahuja. A return earned before they arrived is the house's record, not theirs — the tenure table shows the fund against its category over exactly their months.

Sharmila D'silva's other funds →

NAVTracking gap

Not replicated: the portfolio cannot be priced line by line in this build.

Each day, the NAV the fund published against the NAV its last disclosed portfolio would have produced at that day's prices. A gap that opens and stays is a change the fund has made and not disclosed yet.

See the daily gap →

P4Consistency

Beat its category in 100% of three-year stretches, and averaged +14.4 points a year across all of them

24 rolling windows since 2021 · ahead by 14.4 points a year when it won — and never lost one. A single five-year figure depends on the day you look; the share of stretches won does not — and the average margin says whether winning often was worth anything.

See every window →

headline and record disagree 3 checks found the headline number and the underlying record pointing different ways — marked on the cards below.

NAV and drawdown

Direct plan, growth class · as of 18 Sep 2026

Month-end NAV, indexed to 100 at Oct 2021

60 month-ends · ₹10.31 → ₹24.69, 2.4× since Oct 2021

Deepest fall (max drawdown)

−23.8%

19 Feb 2025 → 8 Apr 2025

Worst month

−9.6%

Mar 2025

Days to recover

from the deepest trough back to the old high

Drawdown is measured on the last year of daily NAV; trailing returns are CAGR of the direct growth class. A single end date decides them — the consistency card (P4) below is the record that does not, and it reports both how often the fund beat its category and by how much, because the first without the second can point the wrong way.

Holdings

Aug 2026 disclosure · 104 lines · when each was first held and the change over the last three disclosures

#	Holding	Sector	Weight	First held	Held for	3-mo change
1	Nvidia Corporation foreign security	—	8.52%	Oct 2021	4.9 yrs	+0.36%
2	Apple Inc foreign security	—	7.42%	Oct 2021	4.9 yrs	+0.14%
3	Microsoft Corp foreign security	—	6.01%	Oct 2021	4.9 yrs	+0.69%
4	Micron Technology Inc foreign security	—	4.76%	Oct 2021	4.9 yrs	-0.04%
5	Amazon com foreign security	—	4.46%	Oct 2021	4.9 yrs	-0.16%
6	Advanced Micro Devices Inc foreign security	—	3.38%	Oct 2021	4.9 yrs	-0.31%
7	Alphabet Inc foreign security	—	3.15%	Oct 2021	4.9 yrs	-0.37%
8	Tesla Inc foreign security	—	2.93%	Oct 2021	4.9 yrs	-0.53%
9	Alphabet Inc foreign security	—	2.92%	Oct 2021	4.9 yrs	-0.34%
10	Broadcom Inc foreign security	—	2.80%	Oct 2021	4.9 yrs	-0.57%
11	Facebook Inc foreign security	—	2.70%	Oct 2021	4.9 yrs	-0.26%
12	Walmart Stores foreign security	—	2.25%	Jan 2026	8 mo	-0.23%
13	Intel Corp foreign security	—	1.98%	Oct 2021	4.9 yrs	-0.53%
14	Cisco Systems Inc foreign security	—	1.92%	Oct 2021	4.9 yrs	-0.17%
15	Palantir Technologies Inc. foreign security	—	1.88%	Dec 2024	1.8 yrs	+0.31%
16	Costco Wholesale foreign security	—	1.84%	Oct 2021	4.9 yrs	-0.02%
17	Lam Research Corporation foreign security	—	1.66%	Oct 2024	1.9 yrs	-0.08%
18	Applied Material (US) foreign security	—	1.60%	Oct 2021	4.9 yrs	+0.03%
19	Netflix Inc foreign security	—	1.50%	Oct 2021	4.9 yrs	-0.09%
20	Palo Alto Networks INC foreign security	—	1.37%	Dec 2021	4.8 yrs	+0.36%
21	Space Exploration Technologies Corp. foreign security	—	1.21%	Jul 2026	2 mo	+1.21%
22	Texas Instrument Inc foreign security	—	1.05%	Oct 2021	4.9 yrs	-0.17%
23	Crowdstrike Holdings Inc foreign security	—	1.03%	Oct 2021	4.9 yrs	+0.23%
24	Sandisk Corp. foreign security	—	1.02%	Apr 2026	5 mo	-0.08%
25	Amgen Inc foreign security	—	1.02%	Oct 2021	4.9 yrs	+0.22%
26	KLA-Tencor corp foreign security	—	1.01%	Oct 2021	4.9 yrs	-0.10%
27	Linde Plc foreign security	—	1.00%	Mar 2024	2.5 yrs	-0.02%
28	T- Mobile Us Inc foreign security	—	0.86%	Oct 2021	4.9 yrs	-0.05%
29	Pepsico Inc foreign security	—	0.84%	Oct 2021	4.9 yrs	-0.02%
30	Seagate Technology Holdings PLC foreign security	—	0.82%	Dec 2025	9 mo	-0.02%
31	Marvell Technology Inc foreign security	—	0.82%	Oct 2021	4.9 yrs	+0.03%
32	Gilead Sciences Inc. foreign security	—	0.80%	Oct 2021	4.9 yrs	+0.07%
33	Shopify Inc foreign security	—	0.79%	May 2025	1.3 yrs	+0.15%
34	Qualcomm Inc. foreign security	—	0.79%	Oct 2021	4.9 yrs	-0.38%
35	Analog Devices Inc foreign security	—	0.78%	Oct 2021	4.9 yrs	-0.11%
36	ASML Holding NV-NY REG SHS foreign security	—	0.68%	Oct 2021	4.9 yrs	+0.06%
37	Western Digital Corp foreign security	—	0.68%	Dec 2025	9 mo	-0.11%
38	Booking Holdings Inc foreign security	—	0.68%	Oct 2021	4.9 yrs	+0.10%
39	Vertex Pharmaceuticals Inc foreign security	—	0.61%	Oct 2021	4.9 yrs	+0.11%
40	INTUITIVE SURGICAL INC COM foreign security	—	0.59%	Oct 2021	4.9 yrs	-0.07%
41	Fortinet INC foreign security	—	0.55%	Dec 2021	4.8 yrs	+0.10%
42	Starbucks (US) foreign security	—	0.53%	Oct 2021	4.9 yrs	+0.04%
43	Adobe Inc foreign security	—	0.52%	Oct 2021	4.9 yrs	+0.06%
44	Automatic Data Processing Inc foreign security	—	0.50%	Oct 2021	4.9 yrs	+0.11%
45	ARM HOLDINGS PLC - ADR foreign security	—	0.45%	Jun 2024	2.3 yrs	+0.23%
46	Constellation Energy foreign security	—	0.44%	Feb 2022	4.6 yrs	-0.02%
47	Intuit Inc foreign security	—	0.43%	Oct 2021	4.9 yrs	+0.03%
48	Mercadolibre Inc foreign security	—	0.43%	Oct 2021	4.9 yrs	+0.05%
49	Applovin Corporation - A foreign security	—	0.42%	Nov 2024	1.8 yrs	-0.41%
50	DoorDash Inc foreign security	—	0.42%	Dec 2023	2.8 yrs	+0.13%
51	Comcast Corporation foreign security	—	0.42%	Oct 2021	4.9 yrs	+0.03%
52	CSX Corp foreign security	—	0.41%	Oct 2021	4.9 yrs	+0.04%
53	Cadence Design Systems Inc foreign security	—	0.41%	Oct 2021	4.9 yrs	-0.04%
54	Marriott International foreign security	—	0.40%	Oct 2021	4.9 yrs	-0.04%
55	Monster Beverage Corporation foreign security	—	0.40%	Oct 2021	4.9 yrs	+0.02%
56	Synopsys Inc foreign security	—	0.37%	Oct 2021	4.9 yrs	-0.03%
57	Regeneron Pharmaceuticals Inc foreign security	—	0.36%	Oct 2021	4.9 yrs	+0.08%
58	Cintas Corporation foreign security	—	0.36%	Oct 2021	4.9 yrs	+0.05%
59	Mondelez International Inc foreign security	—	0.35%	Oct 2021	4.9 yrs	+0.01%
60	Datadog INC foreign security	—	0.35%	Dec 2021	4.8 yrs	-0.01%
61	Airbnb INC foreign security	—	0.34%	Dec 2021	4.8 yrs	+0.09%
62	Ross Stores Inc foreign security	—	0.32%	Oct 2021	4.9 yrs	-0.00%
63	Oreilly Automotive Inc foreign security	—	0.32%	Oct 2021	4.9 yrs	+0.00%
64	WARNER BROS DISCOVERY INC foreign security	—	0.31%	Dec 2022	3.8 yrs	+0.02%
65	Lumentum Holdings Inc,. foreign security	—	0.31%	May 2026	4 mo	+0.05%
66	Honeywell Internation India Pvt Ltd foreign security	—	0.30%	Jun 2026	3 mo	+0.30%
67	American Electric Power Co Inc foreign security	—	0.29%	Oct 2021	4.9 yrs	-0.01%
68	Paccar Inc foreign security	—	0.29%	Oct 2021	4.9 yrs	+0.03%
69	Baker Hughes Co foreign security	—	0.28%	Dec 2022	3.8 yrs	+0.00%
70	Monolithic Power Systems Inc foreign security	—	0.27%	Dec 2025	9 mo	-0.06%
71	NXP Semiconductors NV foreign security	—	0.25%	Oct 2021	4.9 yrs	-0.11%
72	Fastenal Co foreign security	—	0.25%	Oct 2021	4.9 yrs	+0.03%
73	DIAMONDBACK ENERGY INC foreign security	—	0.25%	Dec 2022	3.8 yrs	+0.01%
74	Pinduoduo Inc - ADR foreign security	—	0.25%	Oct 2021	4.9 yrs	-0.00%
75	TERADYNE INC foreign security	—	0.24%	Jun 2026	3 mo	+0.24%
76	Autodesk foreign security	—	0.24%	Oct 2021	4.9 yrs	+0.02%
77	Astera Labs INC foreign security	—	0.22%	Jun 2026	3 mo	+0.22%
78	Honeywell Aerospace Inc foreign security	—	0.22%	Jun 2026	3 mo	+0.22%
79	Coca-Cola European Partners US LLC foreign security	—	0.21%	Dec 2023	2.8 yrs	+0.03%
80	Xcel Energy Inc foreign security	—	0.21%	Oct 2021	4.9 yrs	-0.01%
81	Paypal Holdings Inc foreign security	—	0.20%	Oct 2021	4.9 yrs	+0.02%
82	Axon Enterprise Inc foreign security	—	0.20%	Dec 2024	1.8 yrs	+0.04%
83	Paychex Inc foreign security	—	0.20%	Oct 2021	4.9 yrs	+0.05%
84	Nebius Grp NV foreign security	—	0.20%	Jun 2026	3 mo	+0.20%
85	Exelon (US) foreign security	—	0.20%	Oct 2021	4.9 yrs	-0.01%
86	Microstrategy Inc. - Class A foreign security	—	0.19%	Dec 2024	1.8 yrs	-0.03%
87	IDEXX Laboratories Inc foreign security	—	0.19%	Oct 2021	4.9 yrs	-0.00%
88	Keurig Dr Pepper Inc. foreign security	—	0.19%	Oct 2021	4.9 yrs	+0.01%
89	Roper Technologies Inc foreign security	—	0.19%	Dec 2023	2.8 yrs	+0.04%
90	Ferrovial SE foreign security	—	0.19%	Dec 2025	9 mo	-0.03%
91	Old Dominion Freight Line Inc foreign security	—	0.18%	Jan 2022	4.7 yrs	-0.02%
92	Thomson Reuters Corp foreign security	—	0.18%	May 2026	4 mo	+0.01%
93	Take-Two Interactive Software Inc foreign security	—	0.18%	Dec 2023	2.8 yrs	-0.00%
94	Microchip Technology Inc. foreign security	—	0.18%	Oct 2021	4.9 yrs	-0.05%
95	Workday Inc foreign security	—	0.17%	Oct 2021	4.9 yrs	+0.04%
96	Coreweave INC foreign security	—	0.17%	Jun 2026	3 mo	+0.17%
97	Rocket Lab Corp foreign security	—	0.16%	Jun 2026	3 mo	+0.16%
98	Dexcom Inc foreign security	—	0.15%	Oct 2021	4.9 yrs	+0.03%
99	GE HealthCare Technologies Inc foreign security	—	0.14%	Jun 2023	3.3 yrs	+0.02%
100	TREPS / cash equivalents TREPS · money market	—	0.14%	Oct 2021	4.9 yrs	-0.07%
101	Alnylam Pharmaceuticals Inc foreign security	—	0.14%	Dec 2025	9 mo	-0.03%
102	Copart Inc foreign security	—	0.13%	Oct 2021	4.9 yrs	-0.00%
103	Kraft Heinz Co/The foreign security	—	0.13%	Oct 2021	4.9 yrs	+0.01%
104	Net Current Assets cash equivalent	—	-0.07%	Oct 2021	4.9 yrs	+0.06%

Showing 1–104 of 104 rows per page10 25 50all

Largest sectors, latest disclosure

Not yet computable. Sector labels come from the disclosures; none were mapped for this fund.

By market cap, latest disclosure

Not yet computable. Needs cap tiers for every holding.

The seven checks, in full

each: the plain claim, where it sits in the category, and — folded — how it is measured and the case against. A flag fires only where headline and record disagree.

P4 Consistency, not a single end date headline and record disagree

Beat its category in 100% of three-year stretches, and averaged +14.4 points a year across all of them

24 rolling windows since 2021 · ahead by 14.4 points a year when it won — and never lost one

What this means. Take every three-year stretch since the fund had a NAV, one starting each month, and ask two things of each: did it beat the typical fund in its category, and by how much. Counting the wins tells you the record does not depend on when you happen to look; averaging the margin tells you whether winning often was worth anything, because four small wins do not pay for one large loss.

How often, and by how much. The count and the average agree. It did not lose one of the 24, so the average across all of them is the average win, +14.4 points.

100%

lowest in categoryhighest in category

95th percentile · top decile of 139 funds · category median 47%

windows measured24windows won24average across every window+14.43 pts a year · median +17.92when ahead, by how much+14.43 pts a year over 24 windowsworst window+0.26 pts a year, ended Nov 2024best window+24.39 pts a year, ended May 2026non-overlapping windows in that span1 — the rolling count overlaps, this does not

Thin record. Only 24 rolling windows — under six years of NAV. The share is shown because it was measured; it is a start, not a record, and does not qualify for the home shelf until 36 windows exist.

Fund minus category, each rolling three-year window

ahead of categorybehind

Each bar is one window's margin in percentage points a year. The height of the bars, not the count of green ones, is what the average across every window measures.

A modest five-year number over a record that beat its category 100% of the time. Rolling every three-year window forward month by month gives hundreds of overlapping observations instead of one. This fund was ahead of its category median in 100% of them, which points the opposite way to the headline figure. A single end date decided that headline.

How it is measured, and the case against

A fund that beats its category in most rolling three-year windows has a record; one that beats it in a few has an end date. How often it won and by how much are different questions, and this card answers both, because a fund can win four windows in five and still be behind across all five.

How often has it beaten its category, across every window?

Why this might matterRolling every three-year window forward month by month gives hundreds of overlapping observations instead of one. A single end date decides a headline five-year figure; the share of windows won cannot be flattered by when you happen to look. The average margin across every window is that share and the payoff multiplied together — win share x average beat plus loss share x average shortfall is exactly the average — so a high share bought with a few ruinous windows cannot hide behind the count.

Why it might notRolling windows overlap heavily, so they are not independent observations and the true sample is far smaller than the count suggests.

P5 Cost, measured

Regular plan costs 0.54% a year more than Direct

₹26,144 on ₹1 lakh over ten years

What this means. The Regular and Direct plans hold the same portfolio; the Regular one pays a distributor out of your money every day. The gap between the two NAVs is that cost, measured from the NAVs rather than quoted from a document.

0.54 pp a year

costliest in categorycheapest in category

48th percentile · below median of 240 funds · category median 0.53 pp

on ₹1,00,000 over ten years₹26,144Direct vs Regular, annualised19.4% vs 18.9%measured over4.92 years

How it is measured, and the case against

The Direct plan is the same portfolio, priced differently; the divergence of the two NAVs is the cost, measured rather than quoted.

What does the Regular plan actually cost against its Direct twin?

Why this might matterSame manager, same holdings, same day. The gap between the two NAV series is the one number on this page that is knowable today rather than hoped for, and it compounds for as long as the units are held.

Why it might notA Regular plan buys advice. If that advice stops someone selling in a drawdown it can be worth more than the fee — the cost is visible and the behavioural saving is not, which makes this comparison unfair in exactly one direction.

P1 Churn, and what it bought

Not measurable yet. Needs at least two consecutive monthly disclosures.

What this means. How much of the portfolio was bought and sold in a year, computed from what the fund disclosed each month. Trading costs something certain; the extra return it is meant to buy is not.

How it is measured, and the case against

Turnover measured from consecutive disclosures — Σ|Δweight|/2 — costs something certain; the excess return it is meant to buy is not.

Is the trading paying for itself?

Why this might matterAMCs define their own turnover figure inconsistently. This one is computed from what the fund disclosed month to month, so two funds are comparable on it. Read it beside the excess return per unit of turnover.

Why it might notTurnover computed from month-end snapshots misses everything bought and sold inside a month, and a fund forced to sell by redemptions is charged for churn it did not choose.

P2 Conviction or inertia

Not measurable yet. Needs the holdings history for this fund; not computed yet.

What this means. How long a typical top-10 position has been in the top ten. Long-held positions are a decision; a top ten that changes every quarter is a reaction.

How it is measured, and the case against

The median months a top-10 position has been held separates a portfolio somebody chose from one that drifted.

How long does a top-10 position stay a top-10 position?

Why this might matterConcentration is how a manager expresses conviction, and persistence is how long they keep it. Long-held positions with a rising weight are a decision; a top ten that turns over every quarter is a reaction.

Why it might notPersistence without active share is inertia: a portfolio of 166 names that tracks its category closely has diversified away the reason to pay for it. Active share needs index constituent files, which are not loaded yet.

P3 Hit rate of the top ten

Not measurable yet. Detector not yet written: needs each disclosure's top ten joined to six months of forward prices. Holdings and prices are in hand.

What this means. Take each month's ten largest holdings and check whether each one beat the typical stock its category holds over the next six months, and by how much. A blended return can hide two wins and eight losses; a count of wins can hide one position that lost half its value.

How it is measured, and the case against

A manager's largest bets, judged one by one over the following six months, say more than the fund's blended return — and how far each one beat or missed the median stock says more than counting how many did.

Of its top-10 positions, how often did they beat the category-median stock?

Why this might matterA fund can beat its category on two positions and lose on eight; the hit rate shows the pattern the aggregate hides. The average margin then shows what the hit rate hides in turn: six winners worth a point each do not pay for four losers worth ten, and only the margin says which happened.

Why it might notSix months is short, sizing matters more than counting, and a manager who is right on the biggest position and wrong on nine small ones has done their job — the margins here are unweighted, so they answer the counting question better, not the sizing one. Overlapping disclosures judge the same position again each month it is held, so one long-held winner is counted many times. And this is a description of six months already past, not a forecast of the next six.

P6 Size against edge

₹3,576 Cr; 62% of growth came from inflows

Regular plan expense ratio 1.06% a year

What this means. Where the fund sits by size in its category, and how much of its growth was money arriving rather than the portfolio compounding. A very large fund cannot buy what a small one can; size should buy a lower fee in return.

1.06% TER

costliestcheapest

31th percentile · below median of 290 funds · category median 0.90%

expense ratio, Regular / Direct1.06% / 0.63% · category median 0.90%AUM, Aug 2023 → Aug 2026₹863 Cr → ₹3,576 Cr (+61% a year)of that change, from flows rather than returns62% net inflows · NAV +119% over the window

Assets under management, ₹ crore, Oct 2021 – Aug 2026

54 points · months without a factsheet figure use AMFI's quarterly average · Regular-plan expense ratio 1.00% in Oct 2021 → 1.06% in Sep 2026

How it is measured, and the case against

Past a certain size the smaller end of a mandate becomes unreachable, and the fund starts to look like its index; what size should buy in return is a lower expense ratio.

Has the fund outgrown the universe it invests in — and did size buy a lower fee?

Why this might matterSize narrows what the manager can meaningfully hold and should lower what the investor pays. Read the AUM history beside the expense ratio: a fund that has tripled through inflows while its Regular-plan TER sits above the category median has kept the benefit of scale for the house. The flow decomposition says how much of the growth was money arriving rather than the portfolio compounding.

Why it might notScale funds research teams, and plenty of large funds have gone on compounding for decades. Inflows follow performance, so a fund growing fast is usually one that did well; the constraint is real but not automatically binding, and a TER is a ceiling the AMC can cut at any time.

P7 Whose record is this headline and record disagree

Run by Sharmila D'Silva for 4.4 yrs

with Nitya Mishra, Venus Ahuja

What this means. How long the people running it now have been running it, read from the monthly factsheets. A five-year record earned under someone else is not evidence about these managers.

4.4 yrs · Sharmila D'Silva

newest teamlongest-serving

90th percentile · top quartile of 130 funds · category median 1.5 yrs

running it nowSharmila D'Silva (since Apr 2022), Nitya Mishra (since Nov 2024), Venus Ahuja (since Aug 2026)share of the fund's life under the longest-serving current manager88%changes of hands in the archive6 — last Jul 2026

Who ran it, month by month · factsheets through Sep 2026

running it nowearlier

Manager	Role	From	To	Fund vs category, those months	3-yr stretches won in tenure
Sharmila D'silva	fund manager	Apr 2022	now	23.1% vs 9.5% p.a. (+13.59 pp)	100% of 17
Nitya Mishra	fund manager	Oct 2024	now	30.8% vs 0.7% p.a. (+30.12 pp)	—
Venus Ahuja	fund manager	Jul 2026	now	−1.9% vs 1.9% (−3.80 pp)	—
Priyanka Khandelwal	fund manager	Oct 2021	Apr 2022	−17.1% vs −2.4% (−14.71 pp)	—
Sharmila D’mello	fund manager	Mar 2022	May 2025	17.8% vs 13.5% p.a. (+4.28 pp)	100% of 3

* dated by first appearance in the archive we hold, not by a date the factsheet printed. Co-managed months count for every manager named; a factsheet names the manager of record, not who made each call. All managers →

The 5-year record predates everyone currently running it. The longest-serving manager on this scheme has been in place about 4.5 years, against a 5-year figure on display. Venus Ahuja joined roughly 0.1 years ago. A record earned under different people is not evidence about these ones.

How it is measured, and the case against

A record earned under different people is not evidence about these ones.

Does the displayed record predate the people running it?

Why this might matterA five-year figure on a fund whose longest-serving manager joined two years ago is the house's record more than the person's. The tenure here comes from what each monthly factsheet named, so a change of hands is dated to the month it was disclosed, and the fund's return against its category can be read over exactly those months.

Why it might notFund houses have processes, research desks and mandates that outlast individuals, so a manager change is not a reset. It does mean the displayed record is the house’s more than the person’s.

Tracking gap

the NAV the fund published, against the NAV its last disclosed portfolio would have produced at each day's prices

No signal. About 100% of this fund is outside listed Indian equity — a foreign or derivative sleeve, or debt — and there are no daily prices to replicate it with. A wrong signal would be worse than none.

Share classes

latest NAV per AMFI code

Plan	Option	NAV	Date
direct ICICI Prudential NASDAQ 100 Index Fund - Direct Plan - Growth	growth	₹24.69	18 Sep 2026
direct ICICI Prudential NASDAQ 100 Index Fund - Direct Plan - IDCW	idcw	₹24.69	18 Sep 2026
regular ICICI Prudential NASDAQ 100 Index Fund - Growth	growth	₹24.12	18 Sep 2026
regular ICICI Prudential NASDAQ 100 Index Fund - IDCW	idcw	₹24.12	18 Sep 2026

The Direct / Regular gap, in rupees

Direct growth NAV: ₹24.69
Regular growth NAV: ₹24.12
NAV divergence to date: 2.4% — same portfolio, priced differently
Regular costs more by: 0.54% a year
On ₹1,00,000 over ten years: ₹26,144

A Regular plan buys advice. The fee is visible and the behavioural saving is not; both are shown, neither is netted off.

Compare with

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