ICICI Prudential Banking and Financial Services Fund Direct Plan Growth - Regular - Latest NAV [ ₹79.77 ], Returns, Performance, Portfolio & Returns 2021

ICICI Prudential Banking and Financial Services Fund Direct Plan Growth

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    17.62%
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    (+0.59)79.77

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 22.16 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years17.62%
3 Years7.76%
1 Year74.02%
6 Months32.27%
Fund Details
ISININF109K013J1
RiskVery High Risk
Fund TypeSector - Financial Services
NAV79.77
Exit Load1% for 15 Days

More about this fundstar

Top HoldingsWeightage
ICICI Bank Ltd14.41%
State Bank of India11.15%
HDFC Bank Ltd10.7%
Axis Bank Ltd9.27%
LIC Housing Finance Ltd5.45%
Cholamandalam Financial Holdings Ltd4.74%
Housing Development Finance Corp Ltd3.94%
SBI Life Insurance Company Limited3.21%
Motilal Oswal Financial Services Ltd3.02%
Max Financial Services Ltd2.94%

About ICICI Prudential Banking and Financial Services Fund - Direct Plan - Growth

ICICI Prudential Banking and Financial Services Fund is an open-ended equity mutual fund which invests predominantly in the stocks of companies operating in the financial sector. The returns offered by this mutual fund scheme is stabler as compared to other mutual fund plans.

Pros and Cons of ICICI Prudential Banking and Financial Services Fund - Direct Plan - Growth

As ICICI Prudential Banking and Financial Services Fund invests mostly in stocks of financial companies, the fund’s returns are not much affected by the market fluctuations. On the downside, the returns seldom beat the benchmark.

Fund Information and Statistics

i) Inception/Launch Date ICICI Prudential Banking and Financial Services Fund was launched on 22 August 2008.

ii) Risk level The risk possessed by ICICI Prudential Banking and Financial Services Fund is much lower than mid-cap and small-cap equity mutual funds.

iii) Redemption As ICICI Prudential Banking and Financial Services Fund is an open-ended scheme, redemption requests can be placed anytime, and it would be processed in the standard duration.

iv) Fund Manager Roshan Chutkey is the current fund manager of as ICICI Prudential Banking and Financial Services Fund.

v) Entry/Exit Load Redemption requests placed within the fifteen days of allotment would be levied with an exit load of 1% of the net asset value (NAV). After fifteen days, there would be no exit load levied.

About ICICI Prudential Asset Management Company Ltd.

ICICI Prudential Asset Management Company Ltd. was incorporated on 22 June 1993. The asset under management (AUM) of the ICICI Prudential AMC Ltd. was Rs 3.44 lakh crore as of July 2019. Prudential Plc and ICICI Bank Limited are the sponsors of the fund house while the trustee is ICICI Prudential Trust Limited.

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 22.16 Lakhs in a period of 20 years
Very High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns