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Historical NAV
₹ 86.09
NAV (Sep 23)
Fund Returns
Last 1Y
77.1%
Last 3Y
14.4%
Last 5Y
13.2%
Last 10Y
18.6%
Since Inception
17.9%
6 Month CAGR
17.5%
Scheme Information
Investment Objective
To generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However,there is no assurance or guarantee that the investment objective of the Scheme would be achieved.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
ICICI Prudential Asset Management Company Limited manages assets worth 474,066 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 110 equity,526 debt and 64 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
About ICICI Prudential Banking and Financial Services Fund (G)
About ICICI Prudential Banking and Financial Services Fund (G)
ICICI Prudential Banking and Financial Services Fund (G) is a Sectoral / Thematic - Bfsi Equity fund and has delivered an annualised return of 17.9% over a period of 13 years. The fund was previously known as ICICI Pru Banking & Fin Svcs Reg Gr . The fund is managed by ICICI Prudential Asset Management Company Limited. The fund managers are Priyanka Khandelwal, Roshan Chutkey
ICICI Prudential Banking and Financial Services Fund (G) Investment Objective
To generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However,there is no assurance or guarantee that the investment objective of the Scheme would be achieved. . However, there is no assurance that the objective of the scheme will be realized.
ICICI Prudential Banking and Financial Services Fund (G) NAV,AUM,Risk
The ICICI Prudential Banking and Financial Services Fund (G) fund was launched on Aug 22, 2008. The NAV (Net Asset Value) of this Sectoral / Thematic - Bfsi Equity fund as of 2021-09-23 is ₹86.09. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹5096.779. The category risk of the ICICI Prudential Banking and Financial Services Fund (G) fund is Very High Risk. The fund charges 2.03 % as expense ratio.
ICICI Prudential Banking and Financial Services Fund (G) Holdings
The fund’s highest allocation is towards Equity and has invested 97.3% in this asset class. The top three holdings of the fund are , hdfc bank ltd , icici bank ltd , state bank of india , axis bank ltd , housing development finance corp ltd , cholamandalam financial holdings ltd , sbi life insurance company limited , max financial services ltd , treps , the federal bank ltd , lic housing finance ltd , angel broking ltd ordinary shares , motilal oswal financial services ltd , creditaccess grameen ltd ordinary shares , hdfc ltd. (warrants) , icici securities ltd , jm financial ltd , bank of baroda , equitas holding ltd , icici lombard general insurance co ltd , dcb bank ltd , rbl bank ltd , karur vysya bank ltd , uti asset management co ltd , indusind bank ltd , repco home finance ltd , manappuram finance ltd , 91 dtb 14102021 , equitas small finance bank ltd ordinary shares , home first finance co india ltd ordinary shares , 91 dtb 28102021 , can fin homes ltd , net current assets , the south indian bank ltd , cash margin - derivatives
ICICI Prudential Banking and Financial Services Fund (G) Sip
The minimum SIP (Systematic Investment Plan) amount for this is ₹1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
ICICI Prudential Banking and Financial Services Fund (G) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty Financial Services TR INR
ICICI Prudential Banking and Financial Services Fund (G) Review
ICICI Prudential Banking and Financial Services Fund (G) has a score of 3 on a scale of 5. The fund scores 4 out of 5 based on historical performance.
As compared to the other funds in its category, ICICI Prudential Banking and Financial Services Fund (G) has a score of 4 out of 5
Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.
