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ICICI Prudential Banking and Financial Services Fund - Growth

Category: Equity: Sectoral-Banking and Financial Services
Launch Date: 05-08-2008
Asset Class: Equity
Benchmark: Nifty Financial Services TRI
Expense Ratio: 1.84% As on (30-04-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 7,423.85 Cr As on (30-04-2024)
Turn over: 42
NAV (₹): 108.65
₹ 0.72 ( 0.6627%)
as on 13-05-2024
CAGR Since Inception - 16.37%
Nifty Financial Services TRI - 17.42%

Fund Managers

Roshan Chutkey, Sharmila D'mello


Investment Objective

The scheme seeks to maximize long term capital gains by investing in equity and equity related securities of banking, financial and non-banking financial companies that form a part of Banking and Financial Services Industry. A large share of the assets of the scheme will be invested in the stocks comprising the benchmark, BSE Bankex Index.

PERFORMANCE of ICICI Prudential Banking and Financial Services Fund - Growth

Scheme Performance (%) Data as on - 13-05-2024

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
ICICI Prudential Banking and Financial Services Fund - Growth 16.88 13.95 11.62 15.05 16.37
NiftyFinancialServices TRI 10.65 10.9 12.29 15.18 17.42
Equity: Sectoral-Banking and Financial Services 21.56 15.99 13.37 14.03 15.12

RETURNS CALCULATOR for ICICI Prudential Banking and Financial Services Fund - Growth

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Key Performance and Risk Statistics of ICICI Prudential Banking and Financial Services Fund - Growth

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
ICICI Prudential Banking and Financial Services Fund - Growth 14.74 0.64 2.04 0.85 - -
Equity: Sectoral-Banking and Financial Services - - - - - -

PEER COMPARISION

Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
ICICI Pru Banking and Fin Services Gr 05-08-2008 16.88 21.3 13.95 11.62 15.05
Invesco India Fin Services Retail Gr 14-07-2008 31.84 29.15 18.25 15.49 15.68
Sundaram Fin Services Opp Reg Gr 10-06-2008 30.96 31.69 20.01 17.48 15.11
SBI Banking and Fin Services Reg Gr 01-02-2015 27.29 25.05 15.25 13.87 0.0
Nippon India Banking and Financial Services Fund Gr Gr 01-05-2003 24.53 27.25 19.99 14.0 14.64
Baroda BNP Paribas Banking and Fin Services Plan A Gr 22-06-2012 22.79 23.99 14.19 12.0 12.33
ABSL Banking and Fin Services Reg Gr 01-12-2013 21.86 24.24 15.21 13.12 15.21
Mirae Asset Banking and Fin Services Reg Gr 11-12-2020 21.11 24.88 15.73 0.0 0.0
HDFC Banking and Financial Services Fund Gr 05-06-2021 20.77 25.49 0.0 0.0 0.0
Tata Banking And Fin Services Reg Gr 18-12-2015 20.31 25.41 14.66 13.95 0.0

Asset Allocation (%)

PORTFOLIO ANALYSIS of ICICI Prudential Banking and Financial Services Fund - Growth

Portfolio as on

Top 10 Sectors in portfolio (%)

Top 10 Stocks in portfolio (%)

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