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ICICI Prudential Banking and Financial Services Direct Plan Growth+2.19%

-1.67%
1 Year Return
Equity
Sectoral/Thematic
3.0star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Banking and Financial Services Direct Plan Growth

RiskHigh
Min SIP Amount₹100
Expense Ratio1.28%
NAV₹74.76 (19 Jan 2021)
Fund Started01 Jan 2013
Fund Size3,381 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
-1.7%
3.7%
18.4%
15.6%
Category Average
-0.3%
2.4%
13.8%
-
Rank Within Category
11
7
4
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with -1.7% returns per annum

Comparison

Data not available
Pros
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
Cons
1. Risk-adjusted returns are lower compared to the category

Top Holdings

NameSectorInstrument% Assets
ICICI Bank Ltd.FinancialEquity14.4%
HDFC Bank Ltd.FinancialEquity12.3%
Axis Bank Ltd.FinancialEquity9.4%
State Bank of IndiaFinancialEquity9.1%
Cholamandalam Financial Holdings Ltd.FinancialEquity4.6%
LIC Housing Finance Ltd.FinancialEquity4.4%
SBI Life Insurance Company Ltd.FinancialEquity3.6%
Motilal Oswal Financial Services LtdFinancialEquity3.5%
Bajaj Finserv Ltd.FinancialEquity2.9%
Mahindra & Mahindra Financial Services Ltd.FinancialEquity2.9%
See All

Fund Managers

Priyanka Khandelwal
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ICICI Prudential Banking and Financial Services Direct Plan Growth Details

ICICI Prudential Banking and Financial Services Direct Plan Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3,381 Cr and the Latest NAV as of 19 Jan 2021 is ₹74.76.

The ICICI Prudential Banking and Financial Services Direct Plan Growth 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

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.

Tax Implications

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 15 days
Exit Load

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About ICICI Prudential Mutual Fund

Address
One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
Phone
022-26525000
Launch Date
13 Oct 1993
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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