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ICICI Prudential Banking and Financial Services - Direct Plan

The ICICI Prudential Banking and Financial Services Fund is an actively managed, open-ended equity mutual fund that is sector specific. The fund invests in the equity and equity related instruments of companies that are either directly or indirectly engaged in the Banking and Financial Services Sector of the Indian economy. The ICICI Prudential Banking and Financial Services Fund was launched in August 2008 by ICICI Prudential Mutual Fund. The fund is currently managed by Mr. Roshan Chutkey.

Fund Info

Scheme Class	Equity
Scheme Category	Sector - Financial Services
Expense Ratio	1.1%
Min subscription	₹ 5,000

Scheme Type	Open-ended
Scheme AUM (in Crs.)	₹ 5,694
AMC AUM (in Crs.)	₹ 3,20,793
Min Addition Subscription	₹ 1,000

Benchmark Type

S&P BSE BANKEX INR

Exit Load

Exit load of 1.0%, if redeemed between (0-15) days. No Exit load, if redeemed after 15 days.

Building Graph

Peer Comparison

Fund	Min SIP Inv.	Min Inv.	Returns 3Y
ICICI Prudential Banking and Financial Services - Direct Plan	1000	1000	31.28%
SBI Banking & Financial Services Fund - Direct Plan	0	0	26.41%
UTI Banking and Financial Services Fund - Direct Plan	0	0	29.32%
Nippon India Banking & Financial Services Fund - Direct Plan	1000	1000	37.27%

Portfolio Info

The ICICI Prudential Banking and Financial Services Fund is a sector-specific fund and is therefore restricted when it comes to diversification. The fund has a turnover ratio of 169%, demonstrating the fund manager’s aggressive investment strategy. The fund distributes its equity investments between 31 stocks in the finance sector.

Top 10 Holdings

Company	Holding Type	Asset(%)
ICICI Bank Ltd	Equity	17
HDFC Bank Ltd	Equity	16
Axis Bank Ltd	Equity	10
State Bank of India	Equity	8
SBI Life Insurance Company Limited	Equity	6
ICICI Lombard General Insurance Co Ltd	Equity	5
Housing Development Finance Corp Ltd	Equity	4
SBI Cards and Payment Services Ltd Ordinary Shares	Equity	4
Treps	Cash - Repurchase Agreement	3
Cholamandalam Financial Holdings Ltd	Equity	3

Asset Allocation(%)

Asset	Percent
Equity	94
Cash - Repurchase Agreement	3
Equity - Warrants Rights (Call)	1
Bond - Gov't Treasury	1
Cash - Collateral	0

Sector Allocation(%)

Sector	Percent
Financial Services	94
Cash - Repurchase Agreement	3
Equity - Warrants Rights (Call)	1
Bond - Gov't Treasury	1
Cash - Collateral	0

Fund Manager

Roshan Chutkey

4+ years of experience

Sharmila D’mello

0+ years of experience

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.

Suitability

This product is suitable for investors who are seeking

•

• An equity fund that predominantly invests in equity and equity related securities of companies engaged in banking and financial services.

ICICI Prudential Mutual Fund

AUM₹3,20,793 Cr

About

ICICI Prudential is one of the most popular mutual fund investment companies in India.##It is the largest asset management company (AMC) in the country as per average assets under management of Rs. 305,739 Crores by the end of March 2018##ICICI Prudential AMC plans to bridge the gap between savings & investments to help create long term wealth & value for investors through innovation, consistency & sustained risk adjusted performance. Invest in ICICI Prudential mutual fund schemes at your convenience and fulfill your long term & short term financial goals. Choose from an array of schemes according to your financial needs and investment objectives. Invest today a lump sum amount or start a systematic investment plan (SIP).

enquiry@icicipruamc.com

Phone

1800 200 6666

Address

ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East), Mumbai - 400 051

Calculate Returns

Investment Amount

Expected Annual Return Rate(%)

Investment DurationYears6Months0

Investment Amount₹ 10000

Return Amount₹ 4185

Return Rate6 %

Duration6y 0m