|Min SIP Amount||₹100|
|NAV||₹32.27 (26 Feb 2021)|
|Fund Started||22 Aug 2008|
|Fund Size||₹3,211 Cr|
|ICICI Bank Ltd.||Financial||Equity||16.0%|
|HDFC Bank Ltd.||Financial||Equity||11.0%|
|State Bank of India||Financial||Equity||10.7%|
|Axis Bank Ltd.||Financial||Equity||10.6%|
|LIC Housing Finance Ltd.||Financial||Equity||5.5%|
|Cholamandalam Financial Holdings Ltd.||Financial||Equity||4.4%|
|SBI Life Insurance Company Ltd.||Financial||Equity||3.8%|
|Motilal Oswal Financial Services Ltd||Financial||Equity||3.6%|
|Federal Bank Ltd.||Financial||Equity||3.2%|
|Max Financial Services Ltd.||Financial||Equity||2.9%|
ICICI Prudential Banking and Financial Services Dividend is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was made available to investors on 22 Aug 2008. Roshan Chutkey is the Current Fund Manager of ICICI Prudential Banking and Financial Services Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹3,211 Cr and the Latest NAV as of 26 Feb 2021 is ₹32.27.
The ICICI Prudential Banking and Financial Services Dividend is rated Very High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 15 days
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.
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.