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Banking and Financial Services Fund - ICICI Prudential

ICICI Prudential Banking and Financial Services Fund

Long term investment of funds having potential for capital appreciation in banking & financial services sector.

Sometimes there is a need to concentrate on one particular area, in order to gain a higher understanding and benefit from the same. The Indian banking sector holds tremendous long term opportunities due to low penetration and rising income. More people will be entering the banking system, and the financial sector will see expansion through new age sectors like Insurance, Mutual Funds, Stock Broking and Wealth Management. The Banking & Financial services sector, proxies India's growing economy, since every aspect of the economy is influenced by it.


ICICI Prudential Banking & Financial Services Fund is an open-ended equity sectoral fund that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services.

Schemes - ICICI Prudential Banking and Financial Services Fund

  • Real Time NAV

  • Closing NAV

     

Investment Philosophy

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 Features

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.

Who should invest?

  • 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.
Scheme Features
Type An open ended equity scheme investing in Banking & Financial Services sector
Underlying
ISIN
NSE Symbol & BSE Scrip ID
BSE Scrip Code
Pricing
Application size - Directly with AMC
Application size through NSE & BSE
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.
Authorized Participant

Fund Manager

Mr. Roshan Chutkey

    

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