{"id":250571,"date":"2026-09-16T18:01:29","date_gmt":"2026-09-16T12:31:29","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-top-15-equal-weight-index-fund-direct-growth-review-2026\/"},"modified":"2026-09-16T18:01:29","modified_gmt":"2026-09-16T12:31:29","slug":"icici-pru-nifty-top-15-equal-weight-index-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/icici-pru-nifty-top-15-equal-weight-index-fund-direct-growth-review-2026\/","title":{"rendered":"ICICI Pru Nifty Top 15 Equal Weight Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?"},"content":{"rendered":"

ICICI Pru Nifty Top 15 Equal Weight Index Fund Direct Growth Plan<\/a> had a NAV of \u20b99.0196 as of 15 Sep 2026 and an AUM of \u20b931 Cr. Its 1-year, 3-year and 5-year returns are -9.62%, 0% and 0%, and the scheme is tagged as High Risk. In our view, this is a narrow, concentrated index fund that has struggled over the past year and has not yet built a long published return history, so it suits only investors who can accept sharp fluctuations and are comfortable with a small-cap-like style of short-term movement in a large-cap universe.<\/p>\n

The fund tracks an equal-weight basket of the Nifty top 15 names, so the portfolio profile is very different from a broad market index fund. That structure can keep single-stock dominance lower than in a cap-weighted strategy, but it can also lead to higher movement when the included names move out of sync. For investors who want a rules-based, transparent product and can hold through volatility, the portfolio design is the main attraction; for those seeking stable near-term results, the recent return pattern is not supportive.<\/p>\n

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