ICICI Prudential Banking and Financial Services Fund Direct Plan Growth
- 17.06%
- (+0.18)75.69
Min amount: ₹1,000
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Fund Summary
| Period | Returns(per year) |
|---|---|
| 10 Years | -- |
| 5 Years | 17.06% |
| 3 Years | 6.45% |
| 1 Year | 66.72% |
| 6 Months | 35.04% |
| Fund Details | |
|---|---|
| ISIN | INF109K013J1 |
| Risk | Very High Risk |
| Fund Type | Sector - Financial Services |
| NAV | 75.69 |
| Exit Load | 1% for 15 Days |
More about this fund
| Top Holdings | Weightage |
|---|---|
| ICICI Bank Ltd | 14.41% |
| State Bank of India | 11.15% |
| HDFC Bank Ltd | 10.7% |
| Axis Bank Ltd | 9.27% |
| LIC Housing Finance Ltd | 5.45% |
| Cholamandalam Financial Holdings Ltd | 4.74% |
| Housing Development Finance Corp Ltd | 3.94% |
| SBI Life Insurance Company Limited | 3.21% |
| Motilal Oswal Financial Services Ltd | 3.02% |
| Max Financial Services Ltd | 2.94% |
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
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