These are the top-ranked funds within sectoral / thematic - bfsi mutual funds.However, Scripbox does not recommend investing in sectoral / thematic - bfsi mutual funds.
No single fund can achieve what a plan can. Learn why
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 426,452 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.
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
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Category View
We check if the sub-category of the fund is recommended by us.
Consistency Of 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.
Relative 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 Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Equity Funds
Debt Funds
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The Scripbox Promise
Scripbox has helped over 2500 people become millionaires in the last 9 years
You'll never have to worry about what funds to choose. We'll suggest what's best for you.
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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 17.7% 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 as of 2021-06-14 is ₹ 81.06. The total AUM (Asset Under Management) of the fund as of 2021-06-15 is ₹ 4265.108. The category risk of the ICICI Prudential Banking and Financial Services Fund (G) fund is Very High Risk.
The fund charges 0.0 % as expense ratio.
ICICI Prudential Banking and Financial Services Fund (G) Holdings
The fund’s highest allocation is towards equity and has invested 95.6% in this asset class. The top three holdings of the fund are 364 dtb 03062021,91 dtb 24062021 and icici bank ltd
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 4 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.
