ICICI Prudential Banking and Financial Services Direct Plan Growth

Equity
Sectoral
Very High Risk
15.05%
3Y annualised
+0.94% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 03 Dec 2024₹137.83
Min. SIP amount₹100
Rating3
Fund size₹8,899.01Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Sectoral
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns21.1%15.1%13.2%16.0%
Category average20.0%16.6%13.3%NA
Rank with in category9117NA
Understand terms

Holdings (39)

NameSectorInstrumentAssets
FinancialEquity22.13%
FinancialEquity18.84%
FinancialEquity5.99%
FinancialEquity5.75%
FinancialEquity4.87%
InsuranceEquity4.67%
FinancialEquity4.42%
FinancialEquity4.38%
InsuranceEquity4.12%
InsuranceEquity2.49%
FinancialEquity2.48%
InsuranceEquity1.79%
FinancialEquity1.28%
FinancialEquity1.28%
ServicesEquity1.14%
FinancialEquity1.05%
FinancialEquity0.87%
FinancialEquity0.82%
Indusind Bank Ltd.
FinancialFutures0.76%
FinancialEquity0.68%
FinancialEquity0.64%
FinancialEquity0.63%
FinancialEquity0.61%
FinancialEquity0.61%
InsuranceEquity0.58%
FinancialEquity0.54%
FinancialEquity0.48%
FinancialEquity0.37%
Reserve Bank of India
FinancialT-Bills0.33%
FinancialEquity0.33%
FinancialEquity0.31%
FinancialEquity0.30%
FinancialEquity0.26%
FinancialT-Bills0.22%
ServicesEquity0.19%
TechnologyEquity0.19%
FinancialEquity0.18%
FinancialEquity0.17%
Bajaj Finance Ltd.
FinancialFutures-1.18%
See All

Pros and cons

Category: Equity Sectoral

Pros

Lower expense ratio: 1.02%
10Y annualised returns higher than category average by 3.4%
Higher alpha: 2.69 The fund has generated returns higher than benchmark - NIFTY Financial Services Total Return Index - in the last 3Y

Cons

Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y

Expense ratio, exit load and tax

Expense ratio: 1.02%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 15 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100

Fund management

Roshan Chutkey
Jan 2018 - Present
View details

Education
Roshan Chutkey did his engineering from IIT Madras, MBA from IIM Lucknow and has a Masters in Finance degree from London Business School.
Experience
He is associated with ICICI Prudential AMC from February 2015 and has 12 years of overall experience in the industry.
Also manages these schemes

Sharmila D'mello
Jul 2022 - Present
View details

Education
Ms. D'mello is CA and BAF
Experience
She joined ICICI Prudential AMC Limited in September 2016.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
NA
Launch Date
12 Oct 1993
E-mail
NA
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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