EQUITY FUNDS
Banking and Financial Services Fund - ICICI Prudential

ICICI Prudential Banking and Financial Services Fund

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.

Key Benefits

  • The scheme is suitable for investors who wish to focus on opportunities in the banking and financial services sector in India.
  • The banking and financial services sector, proxies India's growing economy, since every aspect of the economy is influenced by it.
  • It gives the investors an opportunity to invest across all market caps.

This product is suitable for investors who are seeking* :

  • Long term wealth creation solution
  • An equity fund that predominantly invests in equity and equity related securities of companies engaged in banking and financial services.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.


Key Features

Type

Open Ended Equity Fund

Plan

ICICI Prudential Banking and Financial Services Fund & ICICI Prudential Banking and Financial Services Fund - Direct Plan

Options

Growth and Dividend options with Dividend Payout and Dividend Reinvestment Sub-options

Default Option

Growth, Default sub-option Dividend Reinvestment

Application Amount

Rs.5000 (plus in multiples of Rs.1)

Min. Additional Investment

Rs.1000 (plus in multiples of Re.1)

Entry Load

Not Applicable

Exit Load

● 1% of applicable NAV - If the amount, sought to be redeemed or switched out is invested for a period of upto one year from date of allotment.
● Nil - If the amount, sought to be redeemed or switched out is invested for a period of more than one year from the date of allotment.

Minimum Redemption Amt.

Rs. 500 or all units where amount is less than Rs. 500

Systematic Investment Plan

Available

Systematic Transfer Plan

Available (Flex STP/Value STP also available)

Systematic Withdrawal Plan

Available



Fund Manager

Mr. Vinay Sharma

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