EQUITY FUNDS

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.

This product is suitable for investors who are seeking* :

  • Long Term Wealth Creation
  • An open-ended equity scheme 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

An open ended equity scheme investing in Banking & Financial Services sector

Plan

ICICI Prudential Banking & Financial Services Fund and ICICI Prudential Banking & 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

Lumpsum - Rs.5,000 (Plus in multiples of Re.1) ; SIP - Rs.100 (Plus in multiples of Re.1)

Min. Additional Investment

Rs.100 (plus in multiples of Re.1)

Entry Load

Not Applicable

Exit Load

• If units purchased or switched in from another scheme of the Fund are redeemed or switched out within 15 days from the date of allotment - 1% of applicable NAV,
• If units purchased or switched in from another scheme of the Fund are redeemed or switched out after 15 days from the date of allotment - NIL

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. Roshan Chutkey

We use cookies to provide you with a responsive and personalised browsing experience. By continuing to use our site, you agree to our cookie policy, as outlined in our updated Privacy Notice. Click here to view

X
mailID