ICICI Prudential Banking and Financial Services Direct Plan IDCW

ICICI Prudential Banking and Financial Services Direct Plan IDCW is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 12 Oct 1993. Roshan Chutkey is the Current Fund Manager of ICICI Prudential Banking and Financial Services Direct Plan IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹4,70,644 Cr and the Latest NAV as of 20 Mar 2023 is ₹54.41. The ICICI Prudential Banking and Financial Services Direct Plan IDCW is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹5,000. Exit load of 1% if redeemed within 15 days ;

Investment Objective

The scheme seeks to maximize long term capital gains by investing in equity and equity related securities of banking, financial and non-banking financial companies that form a part of Banking and Financial Services Industry. A large share of the assets of the scheme will be invested in the stocks comprising the benchmark, BSE Bankex Index. ;