About ICICI Prudential Nifty Smallcap 250 Index Fund
ICICI Prudential Nifty Smallcap 250 Index Fund is a index fund managed by ICICI Prudential Mutual Fund. Passively track a market index such as the Nifty 50 or Sensex, with low costs and returns close to the index.
The primary objective of the Scheme is to seek to generate capital appreciation by predominantly investing in equity and equity related securities of small cap stocks. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
The scheme's stated objective, as published by ICICI Prudential Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹18.7889 | 149283 |
| Direct | IDCW | ₹18.7882 | 149284 |
| Regular | Growth | ₹18.2446 | 149281 |
| Regular | IDCW | ₹18.2454 | 149282 |
Frequently asked questions
What is the NAV of ICICI Prudential Nifty Smallcap 250 Index Fund today?
The NAV of ICICI Prudential Nifty Smallcap 250 Index Fund (Direct plan, Growth) is ₹18.7889 and the Regular plan NAV is ₹18.2446, as of 18 Sept 2026.
What returns has ICICI Prudential Nifty Smallcap 250 Index Fund given?
Over the last year the Direct plan returned 4.68%, and 14.29% a year over 3 years. That places it 39 of 168 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of ICICI Prudential Nifty Smallcap 250 Index Fund?
The Direct plan charges 0.39% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in ICICI Prudential Nifty Smallcap 250 Index Fund?
You can start a monthly SIP with ₹100, or invest a lump sum of ₹100 or more.
How much has ICICI Prudential Nifty Smallcap 250 Index Fund fallen in the past?
Its deepest fall was 26.9% from 17 Jan 2022 to 20 Jun 2022. Of every one-year stretch in its history, 72% ended in a gain.
What does ICICI Prudential Nifty Smallcap 250 Index Fund invest in?
As on 31 Jul 2026 it held 250 positions, the largest being Sona Blw Precision Forgings Ltd (1.6%), Karur Vysya Bank Ltd (1.5%), Navin Fluorine International Ltd (1.3%). Its biggest sector was finance at 9.8% of the fund. Portfolios change every month.
Which category does ICICI Prudential Nifty Smallcap 250 Index Fund belong to?
It is a Index Fund from ICICI Prudential Mutual Fund. Passively track a market index such as the Nifty 50 or Sensex, with low costs and returns close to the index.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from ICICI Prudential Nifty Smallcap 250 Index Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.