ICICI Prudential Banking and Financial Services Growth+0.38%

4Groww
1.31%
1 Year Return
Equity
Sectoral/Thematic
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

ICICI Prudential Banking and Financial Services Growth

RiskHigh
Min SIP Amount₹500
Expense Ratio2.13%
NAV60.16 (18 Sep 2019)
Fund Started22 Aug 2008
Fund Size3,102 Cr

Returns

1Y
3Y*
5Y*
Since inception*
ICICI Prudential Banking and Financial Services Growth
1.3%
9.7%
13.2%
17.5%
Category Average
-4.1%
10.3%
10.2%
-
Rank within category
13
9
2
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 1.3% annual returns

    Comparison

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

    Top Holdings

    NameSectorInstrument% Assets
    ICICI Bank Ltd.FinancialEquity13.7%
    HDFC Bank Ltd.FinancialEquity9.0%
    State Bank of IndiaFinancialEquity8.5%
    Bank Of BarodaFinancialEquity6.8%
    Bajaj Finserv Ltd.FinancialEquity5.4%
    Axis Bank Ltd.FinancialEquity5.3%
    Federal Bank Ltd.FinancialEquity4.0%
    Mahindra & Mahindra Financial Services Ltd.FinancialEquity3.6%
    Muthoot Finance Ltd.FinancialEquity3.3%
    LIC Housing Finance Ltd.FinancialEquity3.0%
    See All

    Fund Managers

    addPriyanka Khandelwal
    Education
    Ms. Khandelwal is Chartered Accountant and Company Secretary
    Experience
    She has been Working with ICICI Prudential Mutual Fund Since October 2014.
    Funds Managed

    Other Details

    ICICI Prudential Banking and Financial Services Growth is a Equity Mutual Fund Scheme launched by ICICI Prudential Mutual Fund. This scheme was introduced to investors on 22 Aug 2008. Roshan Chutkey is the Current Fund Manager of ICICI Prudential Banking and Financial Services Growth.The fund currently has an Asset Under Management(AUM) of ₹3,102 Cr and the Latest NAV as of 18 Sep 2019 is ₹60.16.

    The ICICI Prudential Banking and Financial Services Growth is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 15 days.

    Investment Objective

    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.

    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

    Compare Funds

    ICICI Prudential Banking and Financial Services Growth
    VS
    search

    About ICICI Prudential Mutual Fund

    Address
    One BKC, A-Wing, 13th Floor, Bandra Kurla Complex Mumbai 400051
    Phone
    022-26525000
    Launch Date
    12 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,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
    Similar Funds
    Data not available