|Min SIP Amount||₹100|
|NAV||₹38.19 (31 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹2,538 Cr|
|ICICI Bank Ltd.||Financial||Equity||12.9%|
|HDFC Bank Ltd.||Financial||Equity||12.8%|
|Axis Bank Ltd.||Financial||Equity||7.0%|
|State Bank of India||Financial||Equity||5.5%|
|Bajaj Finserv Ltd.||Financial||Equity||4.7%|
|Motilal Oswal Financial Services Ltd||Financial||Equity||4.5%|
|Muthoot Finance Ltd.||Financial||Equity||4.3%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.9%|
|SBI Life Insurance Company Ltd.||Financial||Equity||3.8%|
|ICICI Securities Ltd.||Financial||Equity||3.4%|
ICICI Prudential Banking and Financial Services Direct Plan Dividend is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Roshan Chutkey is the Current Fund Manager of ICICI Prudential Banking and Financial Services Direct Plan Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹2,538 Cr and the Latest NAV as of 31 Jul 2020 is ₹38.19.
The ICICI Prudential Banking and Financial Services Direct Plan Dividend is rated High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 15 days
ICICI Prudential Banking and Financial Services Fund is an Open-ended equity scheme that seeks to generate long-term capital appreciation to unitholders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However, there can be no assurance that the investment objective of the Scheme will be realized.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.